Flixxo is a video sharing platform where you can earn money by being a content distributor along with uploading your content. Flixxo has developed a decentralized way of determining value on blockchain. Flixxo has established a regulation on that value by implementing a smart contract and Flixxo has the tools to connect peer-to-peer payments to peer-to-peer content distribution. We can combine these two technologies to create a social experience from them. This is the main idea behind Flixxo.
Introduction The rise of internet based streaming services (also called “OTT” — short for “Over the top”, or “VOD” for Video on Demand) is fundamentally changing the way video is produced, sold, distributed and consumed. Most streaming services will offer you, as a customer, the chance to select when and where to watch, and what to watch. This disconnection from the traditional linear programming attribute of what we refer(ed) to as “TV”, is a fundamental shift. Besides, more and more movies, TV shows and live events are being watched on tablets, cellphones, computers and smart TV ́s, radically transforming the whole audiovisual industry. But as technology moves forward, production companies or content authors tend not to find a compelling revenue model for their work, and consumers find themselves committed to VOD services that don’t satisfy their demand for audiovisual content, so they seek that content on illegal, unlicensed networks. The gigantic costs associated with the infrastructure necessary for storing and distributing content, in addition to the endless lines of intermediaries, result into an unreasonable final price for consumers and an inefficient revenue model for the authors. Today, all the revenues are in the hands of the platforms.
By creating a distributed and incentivized peer-to-peer network where every user turns itself into a distributor of content, and by providing a decentralized payment channel, Flixxo gets rid of the middle-men and the infrastructure costs, building up a platform and a community where every author is able to upload content and set the rules of the distribution (such as the price and the incentives for users to share their work), developing new effective business models for his/her content, and where consumers may reach the content they ́re looking for in a legal manner, paying a fair price or even nothing if they are socially engaged with the community. Flixxo will also educate its community, teaching its users that in this new internet era value can be held and transferred online without intermediaries, a value that can be earned back by participating in a community, by contributing, being rewarded for every single social interaction.
Multiple authors, one piece of content There can be productions in which a content has multiple owners (such as crowdfunded content or cooperative productions). Nowadays, a single producer collects all the earnings and shares them with his team on a preset time-basis (such as monthly payments). With Flixxo, multiple authors are able to set how to split the payment for every single view of the content. It means that the uploader could set, along with the price and the percentage of the earnings that will be shared with the network, how to split the earnings on several addresses (for each of the producers teammate ́s wallets).
Flixx token allocation event Flixx is an ERC20 standard token. The supply will be fixed at the beginning and no mining — or any kind of token creation — will be possible after the initial contract setup. As Flixx is a token needed in order to participate on Flixxo platform, the purpose of the pre-sale is to grant priority and early access to those who participated in the event. Flixx tokens are no equity representation of the company. A total of 100,000,000,000 (one billion) Flixx tokens will be issued.
A maximum of 300,000,000 (three hundred million) tokens will be pre-sold. Some of these tokens (not more than 20%) could have been sold with anticipation of the token allocation event to strategic investors. FLIXXO Token Presale will start on OCTOBER 13th, 2017 14:00hs CET. Crowdsale will run for 30 days.
Team
WEBSITE: http://flixxo.com
WHITEPAPER: http://www.flixxo.com/assets/docs/flixxo-white-paper_v0.3.pdf
Author (morata): https://bitcointalk.org/index.php?action=profile;u=1074956
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