Flixxo mix Bittorrent and blockchain to create the first decentralized and incentivized network for video distribution. Watch. Share. Earn!
Flixx are used by authors for making available their work on the network, as they have to “block” tokens in order to upload their videos. Users need Flixx for watching content and earn Flixx back for sharing videos with other users. Also users can ask for “sponsored content” and earn more Flixx by watching advertising. Advertisers buy Flixx from authors -who are the biggest stakeholders in the system- creating an organic market and a real use-based price on the token. Flixx are not only the fuel of a video platform, they are the currency of a whole new economy.
Video streaming relies on huge costs on bandwidth and storage space, and only three companies (Google, Amazon and Facebook) are capable to afford developing a global video platform. They have monopolized the business. On a market valued in more than $25B a years, they take the higher cut of the pie creating an ecosystem in which authors cannot monetize, users are not in touch with the content they want to watch and advertisers are having a hard time trying to reach their audiences. By incentivizing p2p distribution of content, and taking only a 10% fee of the interactions between advertisers and consumers, Flixxo builds up an effective business model on top of a social economy: as a company we make a profit while Flixx tokens reach a broad user base, increasing its value.