Flixxo is aiming to create a decentralized video distribution network. Flixxo is also free from structural costs. Flixx is Flixxo’s token. It is used by users to watch videos, by producers to monetize their work and incentive the network. You could see it as a better version of YouTube in the blockchain!
The stage depends on a conveyed content stockpiling framework where the real recordings will be exchanged p2p, by means of BitTorrent, and put away locally on clients’ PCs. The ICO begins in 5 days. Flixxo, a decentralized video sharing system, will start its token deal on October 24, 2017, expecting to raise subsidizes and cover the further improvement of its promising tokenized stage. At first, Flixxo was created by its author Adrian Garelic, a film maker and a scriptwriter working with online substance conveyance since 1998, in late 2014. In 2017 Adrian worked together with the maker of a fiercely prominent gushing application called Popcorn Time, an Argentinian creator Federico Abad. Flixxo clients are additionally ready to get FLX by review promotions and supported substance, which tackles the issue of irritating notices. As Flixxo engineers remark clients chances of the stage:
“Utilize your Flixx to compensate the makers you take after, urging them to make more amazing substance. Or, then again keep your Flixx in your wallet and utilize them to purchase a motion picture ticket, a couple of shoes from an online retailer, a chest of coins in your most loved diversion or even change over them to antiquated money or best in class advanced resources, as Bitcoin.”
So as to furnish its clients with great quality substance just, Flixxo tries to discover a harmony between opportunity from restriction and curated content. Decentralized Video Sharing Platform Flixxo Intends to Grab a Chunk of YouTube’s Market Tokenized video sharing stage Flixxo is to end up plainly the foreseen “decentralized YouTube”. The ICO is wanted to keep going for around 30 days, until the point when Hard Cap sum is come to. The objective of the token deal is set at 75,000 ETH. From the aggregate sum of 1 billion FLX to be issued 30% will be accessible for procurement, 10% will be stayed with by the, 10% will go to the advancement group and accomplices, and half will be allocated to rouse new clients and conspicuous substance makers to join the stage and framing a solid center group. As indicated by the engineers, buys made amid the main day will get 30% extra, buys made amid whatever is left of week one will get 25%. Clients may utilize FLX to access the coveted substance, compensate supporters or pay others for sharing and seeding their substance. A decentralized framework like that absolutely rejects the costs on facilitating administrations and security issues fixing to a brought together capacity. The social side of the framework is energized by a computerized token — Flixx (FLX). Flixxo group is presently considering actualizing group based balance and certain principles for content supporters. Somewhat later two more individuals joined Flixxo center group – Pablo Carbajo, one of the specialists behind Riecoin, and Javier D’Ovidio, CEO of enormous information and AI organization Edrans. The group working brought about organization’s aim to alter the video business by building up a worldwide decentralized video sharing stage and win the market. The makers clarify that in the accompanying way:
“We know there is a thin line between sifting or curating substance and oversight, and we have an open system for everybody to transfer any substance. Keeping in mind the end goal to get nearer to the organization’s principle objective, Flixxo has as of late teamed up with a couple of all the more encouraging fintech new companies including AdEx, a decentralized advanced publicizing trade in light of Ethereum framework.
Video sharing system
Flixxo now speaks to a video sharing system that empowers its clients to transfer recordings, share them with the group, and get cryptographic money rewards. Token cost will be settled at the rate 1 ETH = 4,000 FLX, barring extra open doors. As, one of such components is the time-piece brilliant contract which rebuffs improper transfers by solidifying the uploader’s tokens and incidentally hindering his income, which will be completely lost if there should arise an occurrence of an unfortunate behavior. Flixxo token deal will start on October 24th, 2017, at 14:00 CET. In this way reward sum will diminish by 5% every week, achieving 10% toward the finish of the crusade. Be that as it may, Flixxo as a stage will apply certain sifting in view of clear guidelines – there ought to be a conduct code for uploaders with a specific end goal to offer the correct substance to the correct client.” By then, Flixxo group has outlined worked in instruments that will confine pilfered and spam content dissemination. Being remunerated straightforwardly from peers isn’t the best way to win tokens.