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Flixxo's open community provides users and creators with a new way to consume and produce video content. Short videos are based on the extremely low creative threshold to inspire creators’ output and are becoming the most important video form. Flixxo will be circulated on social networks as currency, and will be used to watch videos, incentivize creators, and advertising costs.
Flixxo encourages the use of people’s tokens to distribute content among people. Through BitTorrent technology, it is the content that users download content themselves, save it on the device and share, because there is no need for a centralized server. So, by removing YouTube or Netflix intermediaries from the media, the benefits are greater for users, advertisers and content creators.
Therefore, distributing audio-visual content through P2P can enable users to attract others through their recommendations (a word of mouth). For each referral, these users will get FLIXX. On the other hand, each user lends his device to the network, sharing its storage space and bandwidth.
Since it is based on network effects, available bandwidth increases with the number of users on the platform. In this way, the greater the usage, the greater the motivation for advertisers to promote it, thus bringing greater revenue potential to users.
The purpose of this is to retain users through the rewards program in FLIXX, always focus on reusing content, and enable producers to gain visibility on their products.
Today, video distribution is mastered by three companies around the world: Youtube (Google), Amazon and Facebook. Concentration affects the entire business: production, distribution, compensation and monetization of content. Flixxo aims to challenge these conditions and enable any internet user to become a video publisher, helping content authors monetize their production by getting payments directly from consumers, and last but not least, it enables advertisers to build closer knowledge and connections with their target objects. Flixxo will become a contributor to transforming today’s market by eliminating middlemen and supporting peer connections.
Decentralization: Today's video distribution is mainly concentrated in 3 companies. google, facebook and Amazon (netflix runs on top of Amazon web services). This makes these companies very powerful and to some extent already the leader in the entertainment industry. flixxo will enable each member to interact in peer-to-peer mode through technology to store, share content and reward authors. or the work of the content maker. Advertisers will also have the opportunity to contact and interact with their goals directly. Decentralization will reduce prices and costs by eliminating middlemen and will also raise monetization standards.
Social Distribution: By storing videos in any device, every member of the Flixxo network is free to become a content distributor and gain some value from it. As a result, the content will be accessed faster and the storage will be owned by thousands of members, without the influence of any threat rules defined by large enterprises in the industry.
Content monetization: Blockchain technology uses smart contracts, which makes it possible to track every content consumption and set conditions. Therefore, every author or content maker without an intermediary will easily be rewarded directly by the consumer. This environment provides new opportunities for profitability and provides authors or producers with the opportunity to determine reasonable prices for their videos, and also allows advertisers to play under new rules that benefit reputable authors and quality content.
Related links:
https://www.wanbizu.com/jingyan/2019112183396.html
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