1) What is Flixxo about?
Flixxo is a decentralized video distribution platform based on blockchain technology.
2) In short, which are Flixxo ́s main contributions for the entertainment industry?
Today, video distribution is in the hands of 3 companies around the world: Youtube (Google), Amazonand Facebook. Concentration affects the whole business: content production, distribution, compensationand monetization. Flixxo aims to challenge these conditions and to enable any Internet user, to becomea video distributor, help content authors monetize their production by receiving payment directly fromconsumers and, last but not least, lead advertisers to have a closer knowledge and relation with theirtargets. Flixxo will be a contributor in changing the market as we know it today by eliminatingintermediators and favouring peertopeer connections.
3) What is different in Flixxo from other VOD providers?
Flixxo is introducing technology that will eliminate intermediators in the entertainment industry.Middlemen are probably the main causes behind the high prices consumers pay today for watchingmovies, consuming series or any other content in video format. A new peer to peer business scheme,thanks to blockchain technology, will relate consumers directly with content authors or producers andalso advertisers. Flixxo will make you forget about fixed subscriptions, preroll advertising and otherbusiness models of entertainment consumption.Also, by eliminating the middlemen and as our user network grows, performance will progressivelyimprove above today's standards. Instead of getting content from a server located on the side of theworld all media will be shared between nearby users.
4) Which new technologies is Flixxo promoting to disrupt the entertainment industry?
Flixxo combines blockchain and BitTorrent technologies to make video distribution business more simpleand agile to be uploaded, stored, transferred, monetized and consumed.
5) Who are the founders of this disruptive new ecosystem that may force the whole entertainmentindustry to change video distribution and monetization rules?
Adrian Garelik, Bitcoin entrepreneur and Film producer; Federico Abad the creator of the popular andcontroversial streaming app Popcorn Time, blockchain expert Pablo Carbajo and Javier Ovidio, CEO ofEDRANS, AI and Big Data company.
6) please explain 3 changes that flixxo is introducing within the entertainment industry.
decentralization: video distribution today is majorly concentrated in 3 companies. google, facebookand amazon (netflix runs on top of amazon web services). this has made these companies verypowerful and they have become, in some way, the ones to call the shots in the entertainment industry.flixxo will enable every member, by means of technology, interact under a peertopeer model to store,share content and reward authors or content producers for their work. advertisers will also have a chance to connect directly and interact with their targets. decentralization will lower prices and costs byeliminating middlemen and will also improve monetization standards.
Social distribution: every member of the Flixxo network can freely become a distributor of contents bystoring video in any of his devices and earn some value some value in return. So access to content willbe faster and storing will reside in the property of thousands or millions of members; free of any threat orrules defined by big players in the industry.
Content monetization: blockchain technology uses smart contracts, which makes it possible to trackevery content consumption and also set conditions. So every author or content producer, withoutintermediators will be easily rewarded directly by the consumer. This context opens new chances tomonetize and leaves the author or producer a chance to fix a fair price for his video and an advertiser toplay under new rules that favors prestigious authors and quality content.
7) What will Flixxo do to prevent illegal piracy videos on the network?
No illegal videos will be allowed in Flixxo. They will not be reachable by the search engine and won't beallowed to monetize using our servers. People as individuals can ́t be stopped from sharing illegalvideos, in the same way Google can't stop a website with illegal content from existing in the web. ButFlixxo can block them, making them unreachable. The illegal practices will be reported to the properauthorities.
8) How did Flixxo finance the startup?
October 2017 Flixxo went into a Initial Coin Offering (ICO) distributing 62MM of FLIXX an ERC20 token among 2000 worldwide contributors, raising around USD 5MM and creating a whole tokeneconomy of around USD 62MM.
9) When will Flixxo ́s platform start working?
Flixxo platform started working on a private beta in June 25th, 2018, an open beta is road mapped forNovember 2018 and the public release (including mobile and web versions) is scheduled for March2019. The platform will combine the best of Youtube and Netflix user experience. Short content videosare expected to run on the platform at the beginning. There is no need to know about cryptocurrencies orBiTtorrent to start using the app, there is no learning curve. In fact, users will be earning Flixx tokens asthey start surfing the platform.
10) What is the value of flixx? Where it can be traded?
Flixx tokens can be already traded (buying or selling) at a bunch of cryptocurrencies exchanges:Liquid.com, KuCoin.com,Livecoin.net, Gatecoin.com, Bancor.network,IDEX.market and Etherdelta.com(and more are expected in the short term) The price of the token is published at coinmarketcap.com/currencies/flixx//index.htmlo/#markets/
11) How does Flixxo company earn money?
Flixxo takes no fees on usersauthors interactions. Advertisers need tokens in order to perform theircampaigns and Flixxo will create a market for advertisers and content creators to meet and transact.Flixxo will keep 10% of ad revenues stream as a fee. That's the intended business model and the onlysource of income for the company.