Flixxo is a platform created in Argentina, which distributes short audiovisual content, but with a great difference from Netflix: Flixxo is a free platform that rewards the interaction and creation of content with its own tokens that have market value.
The human being is always in search of new technologies to innovate and advance, and fundamentally to improve the way of life. It is a natural process that the past faces the future and normally the second has everything to win. Currently we can observe it with fiat money and the arrival of cryptocurrencies. This may also be happening with the Netflix streaming service, and thanks also to cryptocurrencies.
We already know almost everything about Netflix: a global company based in the United States, whose revenues exceeded $ 7 billion last year, and is also one of the most valuable companies in the world with a capitalization of $ 221 Billions. But what perhaps we have forgotten, is that it was the same Netflix who stepped on the head of BlockBuster, the old movie rental company, due to the impossibility of it to face new technologies. Exactly the same seems to be brewing today in the field of cryptocurrencies, where Flixxo can forget platforms like Netflix in a few years.
Following one of the fundamental philosophical principles of the cryptocurrency universe, decentralization, this project is based on the file sharing modality: Flixxo works from person to person (peer to peer), transmitting files between users without having to need servers central. And cryptocurrencies fulfill several functions within this new platform. The first function uses cryptocurrencies as a data optimizer, and increases resistance to data censorship. The second is as an incentive for content creators to use the platform.
Many people in the world normally cannot monetize their content on YouTube, much less on Netflix, because they do not have an international bank account, or because of the same prohibitions and censorship of these companies.
Flixxo solves this great problem with the use of cryptocurrencies, since anyone in the world, without the need for a bank account or PayPal, can start to monetize their content, and also as much as the content, as well as access to them by anyone in the world it will always be available.
Flixxo has its own token: FLIXX
The platform wants to use its own cryptocurrency, built under Ethereum technology. It is called FLIXX and is currently trading at $ 0.016 for each token.
“For each action that the user does, they earn credits: FLIXX, and they can be consumed within FLIXXO by watching content, or exchanging them for another currency in exchanges such as Liquid, Livecoin, Folgory and Bancor Network ”. Adrián Garelik, CEO and founder of Flixxo
In summary, the streaming platform is free because users have access without paying a subscription, unlike Netflix. However, the user must deposit Flixx for each video they want to see, although they will be able to do it with the tokens that they will get for seeing advertisements on the same site, and content creators will receive an equal contribution for each visit.
Cryptocurrency continues on its way, and every day shows us that it not only works as money, or store of value, but that it can be used for many things, this time, with dreaming of defeating Netflix.
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