Flixxo mix Bittorrent and blockchain to create the first decentralized and incentivized network for video distribution. Watch. Share. Earn!
We are aiming to create a decentralized video distribution network, where users will be the owners and beneficiaries of their content. Flixxo eliminates intermediaries by letting advertisers, viewers, and content creators engage with each other directly.
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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.
"The disconnect between internet fame and financial security is hard to comprehend for both creators and fans," states YouTuber Gaby Dunn on her blog post Get Rich or Die Vlogging. She runs a YouTube channel that serves more than 2M views a month, and faces a hard reality: She can't make a living out of that. She continues "Platforms like YouTube mirror the U.S. economy's yawning wealth gap, and being a part of YouTube's "middle class" often means grappling daily with the cognitive dissonance of a full comments section and an empty wallet".
It is another story for YouTube personalities such as a gamer Pewdiepie, who makes a monthly profit of $4M out of his 56M followers, or a fashion vlogger Michelle Phan who often raises more than 250K a month backed on her 9M followers.
Just like Gaby Dunn, there are thousands of vloggers "too visible to have "real" jobs, but too broke not to."
Flixxo will subsidize their shows (on a co-production model), allocating batches of $5K to $20K for covering production budgets, allowing them to try our platform in exchange for their original content. By Inviting 20 YouTubers followed by 50K to 200K fans each, we could easily bring a bunch of fresh users to Flixxo.
During the first three to six months, access to Flixxo will be granted by invitation. Having the responsibility of deploying good quality video and satisfying content demand, we must control the flow of users until reaching a massive amount of media. On the side of the incentives and economics of the platform, such a mechanism will allow us to reward with Flixx those users who invited new active users.
The roadmap includes opening offices in Los Angeles for gathering english speaking content, the development of a white label version of Flixxo in order to have the chance of having our network serving another platforms (and monetizing on Flixx), the creation of a decentralized token-market in order to allow advertisers to easily purchase tokens and the integration with other platforms to bring VR and AR content or to use Flixx token on different marketplaces.
Fully functional version of the platform will be released on Q2 2018.
Flixxo token to be listed in exchanges in November 2017.
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