UPDATE: Flixxo (FLIXX) is now listed on the following exchanges: Livecoin, Kucoin, EtherDelta.
10% of total, Flixx 100,000,000 (one hundred million Flixx), will be allotted for the development team and partners, vested proportionally in two years.
10% of total, Flixx 100,000,000 (one hundred million Flixx) will remain for the company (Flixxo Limited, Gibraltar), covering the costs of the Token Allocation Event, advisors, bounty program, and future partnerships with authors. Tokens allocated forpartnerships are only intended to be set as a warranty for uploaded content and are not to be cashed out.
50% of total, Flixx 500,000,000 (five hundred million Flixx) will be distributed in a predefined and regulated manner via smart contract as an incentive for users and contributors to join the platform. Those incentives will decrease to zero over the first ten years and will be given away to users who join the platform and share content, as well as a reward for reaching certain social goals (basically as a way of building a strong community).
All the videos that you watch on your favourite platforms are stored and distributed using very expensive centralized servers, messing up and increasing the price of the content. In current 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.
On Flixxo all users share any content they have on their device with the rest of the community. So, instead of an expensive centralized server, the information is distributed and shared through the network using Bittorrent protocol.
Free from structural costs, producers can share the earnings from their content with the network that supports them. This way you get paid for helping us improve Flixxo, and you earn credits (in the form of digital tokens called Flixx) for watching higher quality content. Having no intermediaries means that the price you pay for watching the content that you actually want to watch is lower and fairer!