Flixxo: The next big thing

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Flixxo is a decentralized network for content distribution based on the BitTorrent protocol. Unlike other video platforms such as Netflix or YouTube , Flixxo does not require large expenditures for broadband Internet access and servers. By refusing centralized servers, Flixxomotivates its users to actively distribute content and encourages them for this Flixx token. To watch new videos, users will need Flixx tokens.

MISSION

We are aiming to create a decentralized video distribution network, where users will be the owners and beneficiaries of their content.Flixxo eliinates intermediaries by letting advertisers, viewers, and content creators engage with each other directly

Implementing the Like mechanism into Flixxo

Videos contribute to more than 70% of current internet traffic, and so for Flixx to compete with Facebook and other media giants, Flixxo will implement their token (namely called Flixx) into their video distributing platform, where users can earn Flixx tokens by lending their storage and bandwidth to the network. This decentralised method abolishes current centralised issues concurrent with high fees, management and other centralised factors such as data manipulation and obstruction through a single point of failure.Thus the Flixx token will be ‘recycled’ throughout the community where the community can earn by lending their storage/bandwidth or contributing to the network and getting Likes (which lead to earning Flixx tokens), or by buying Flixx on a secondary market. Then the community will then spend their Flixx tokens to consume content they would like to watch.Therefore this decentralised way introduces possibilities never before seen, allowing Flixx to scale according to its audience through the natural flow of how the Flixx tokens operate.

Keeping all your video contents under your own control ensures that it’ll always be displayed and used the way that you want it to.Sometimes if you are not following certain requirements then your video content will be shrunk to fit the specifications and this can really hurt the overall visibility of your video. It can be very frustrating and time consuming process to deal with.Another problem is that all the revenues from original & creative videos, created by amazing content creators on their own, are in the hands of the platforms.

The platforms will decide the most profitable revenue sharing model by sacrificing the fair distribution of profits.

For the sake of fighting spam content, YouTube will no longer allow creators to make money until their channel reach 10,000 views. Many people argue that this is not a really fair solution since there are many original & unique contents created everyday by creative authors. Platform should not control how they make money since it’s their own content.Video sharing websites like Youtube or Vimeo filled with lots of videos and not all of them may be contents you want to watch.

On the actual models the options are paying for a subscription to watch a lot of media you may not be interested in, to spend a ridiculous amount of money on the videos that you really love, or to watch advertisement in exchange for content, which leaves producers with almost no return on their investment.As an Advertiser, authentic connection with the audience is the most important thing. Advertiser needs to get their content to the larger audience. The key is to act aggressively and stop hoping that people will share your content, for free. Advertisers need ways to encourage sharing on social network.

Benefits of Flixxo

Great content creators can join Flixxo network to contribute original content to the network.Flixx network is decentralized and controlled by no one. So the deserved reward awaits great content creators
Flixxo platform is not limited to content creators alone, advertisers can also benefit by using the platform to advertise their product to users by offering Flixx tokens. This also ensures that the advertisement reaches the intended audience
As nailed earlier, users can pay only for the content they want to see rather than spending money on buying entire subscription. They can pay to content creator directly in Flixx token in which all transactions are carried out in the platform.
Flixx also has this amazing feature whereby People can lend their storage and bandwidth to the Flixxo platform and get rewards in form of Flixx tokens which can be used to watch their favorite content or can be traded with other fancy cryptocurrencies.
Flixxo also has features like supporting shared earnings amongst multiple authors of a content.

Flixx token also prevents piracy and spam content, as authors have to time-block tokens in a smart contract (set as a warranty) in order to upload content. This contract will also handle and block their earnings for a certain period of time, so that in the case of a dispute the unfair-uploader may lose those tokens.Everyone will have equal opportunity to be rewarded in the ecosystem by providing four ways to receive Flixx token:

Get Flixx token for producing content
Get Flixx token for sharing content
Get Flixx token for some seconds of your attention watching sponsored content.
Get Flixx token by buying it or getting it from friends

Flixxo Token Allocation Event (ICO) will be held on October 24th, 2017. The primary purpose of the event is to make sure that everyone has a fair opportunity to contribute.The beauty of Flixxo is as the network grows, so does its bandwidth and its storage space, making it more efficient and able to handle more users. The more content is being shared, the better bandwidth it will have for being distributed and streamed. Unlike other streaming services like Netflix and Hulu, as they expand to new markets they must worry about performance and all the annoying things when the network bogs down and videos start stuttering.

ICO Analysis — Details & Token Supply

Total token supply: 1,000,000,000 Flixx

Token type: ERC 20 standard

Fund Usage:

ICO Flixxo will start on October 24, 2017. If you want to learn more about the Flixxo platform, you should pay attention to the following sources: