FLIXXO – COMMUNITY BASED VIDEO DISTRIBUTION

in #cryptocurrency7 years ago (edited)

flixxo.jpg

Website: http://flixxo.com/
Recently, all social media Companies are looking for new ways for attracting the users on their platforms. For the Users, it is the new universal entertainment hotspot. For the Vloggers and content developers, it is the digital stage to showcase their works and monetize them. One of the bottlenecks that the content developers and distributors face is making their products reach the mass audience. What if, every time the user likes, shares or seeds the video, they get rewarded?Sounds Interesting, right!

Flixxo is one such video distribution community, which runs on new age Block chain Technology. Simply put, it is like the BitTorrent platform where you can seed the downloaded video and get paid through internet!

Why Flixxo? – Share Video, Get Paid!
As the technology moves forward, production companies or content authors are finding new ways to generate the revenue for their work, and consumers are experiencing the video serviceswhich are not meeting their expectations, so they rely on illegal, unlicensed networks. This results in imbalanced revenue and the distributors are not able to bridge the right consumers.

The idea is to create a peer-to-peer network where every user turns itself into a distributor of content, and form a decentralized payment channel. Flixxo eliminates the infrastructure cost for the middlemen. Thus the author is able to upload content and set the rules of the revenue distribution (such as the price and the incentives for users to share their work).
The main perk of Flixxo video sharing is each and every user seeding the video content will be paid without any hassle of intermediaries. This sets the platform for social economy concept in Flixxo.

Flixxofusions theBitTorrents and smart contracts resulting inthe decentralized distribution network.Flixxo emerges as a P2P network where developers can distribute and monetize their own content.
They energize the content distribution by eliminatingthe middlemen and sharing their revenues only with the “seeders”.

Decentralized Community
Flixxo is a hybrid comprising of aBitTorrent client, a token and awallet. As the community grows, it becomes a storehouse making it more efficient to handle large number of users.
Since the payment channel is decentralized, the consumer is able to pay right to the content developer. The content producer has the elasticity to choose whether he/she wants to share its earnings with the network or not.
With Flixxo, multiple content developers are able to designate and split the payment for every single view of the content. It means that the uploader could establish the price and the corresponding percentage of the earnings that will be shared with the network and the ways to distribute the rewards on several addresses.

Future Roadmap
Going forward, Flixxo will be and option for distributing and monetizing the content for a huge crowd of authors. This neophytic income source will lead to a smarter video market thereby enabling new artists and producers to develop rich content and distribute it by their own rules. Both content creators and advertisers will taste new business model for revenue generation.

For more information visit:
Website: http://flixxo.com/
Whitepaper: http://flixxo.com/assets/docs/flixxo-white-paper_v0.3.pdf
Written By: PoojaJur
Bitcoin talk Name: Pooja Jur

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