Jumat, 03 November 2017

FLIXXO - COMMUNITY BASED VIDEO DISTRIBUTION

 

What Is Flixxo.?

The rise of internet based streaming services (also called “OTT” — short for “Over the top”, or
“VOD” for Video on Demand) is fundamentally changing the way video is produced, sold,
distributed and consumed. Most streaming services will offer you, as a customer, the chance
to select when and where to watch, and what to watch. This disconnection from the
traditional linear programming attribute of what we refer(ed) to as “TV”, is a fundamental
shift. Besides, more and more movies, TV shows and live events are being watched on
tablets, cellphones, computers and smart TV ́s, radically transforming the whole audiovisual
industry.
But as technology moves forward, production companies or content authors tend not to find
a compelling revenue model for their work, and consumers find themselves committed to
VOD services that don’t satisfy their demand for audiovisual content, so they seek that
content on illegal, unlicensed networks.
The gigantic costs associated with the infrastructure necessary for storing and distributing
content, in addition to the endless lines of intermediaries, result into an unreasonable final
price for consumers and an inefficient revenue model for the authors. Today, all the revenues
are in the hands of the platforms.


 

“seeders”. As the content tends to be illegal, there can’t be incentives for users to seed, and
a lack of seeders can spoil the network.
We​ ​know​ ​about​ ​p2p​ ​payments,​ ​we​ ​have​ ​developed​ ​decentralized​ ​ways​ ​of
settling​ ​value​ ​on​ ​a​ ​blockchain,​ ​we​ ​have​ ​learned​ ​how​ ​to​ ​set​ ​rules​ ​on​ ​that​ ​value
by​ ​implementing​ ​smart​ ​contracts.​ ​Therefore,​ ​we​ ​have​ ​the​ ​tools​ ​to​ ​connect
peer-to-peer​ ​payments​ ​to​ ​peer-to-peer​ ​content​ ​distribution.​ ​We​ ​can​ ​merge
both​ ​technologies​ ​to​ ​make​ ​a​ ​social​ ​experience​ ​out​ ​of​ ​it.
This​ ​is​ ​the​ ​main​ ​idea​ ​behind​ ​Flixxo.
What we need in order to achieve our goal is to create a token with a value that is inherent
to the network we are using for distributing content. We call this token Flixx. Through this
token, users can earn incentives for seeding legal content and get a channel for connecting
directly with media producers. It is a two-way system, in which producers pay users for
improving the network, and users can give authors a recognition for their work.
This token also prevents piracy and spam content, as authors have to time-block tokens in a
smart contract (set as a warranty) in order to upload content. This contract will also handle
and block their earnings for a certain period of time, so that in the case of a dispute the
unfair-uploader may lose those tokens.



  



Flixxo team

Adrian Garelik, a cinema producer and a scriptwriter (“To fool a thief”, “Unsubscribe”) involved in
online content distribution since 1998 (dyzo.com, filmika.com, CinePop!), started this project in late
2014 when he first heard of Bitcoin. In that moment, the quest of developing a democratic and open
video distribution platform turned into the foundation of RSK​ ​Labs​ ​(aka​ ​Rootstock)​, a company
dedicated to implementing smart contract capabilities to Bitcoin. In 2017, he left RSK and teamed up
with Federico Abad, the UX/UI professional who created Popcorn​ ​Time​, the most popular streaming
application ever developed (and recognized as one of the first mainstream DAPP). Popcorn Time relies
on unlicensed content, which was the incentive for having more than 100M downloads worldwide.
Federico had been working on the Bitcoin ecosystem (XAPO)​ and was looking for a way of shifting
that incentive into an economic that relies on Blockchain technology. Then Pablo Carbajo joined them,
a cryptocurrencies expert who built-up Riecoin​ (listed as RIC on Poloniex — among other exchanges), a
long standing and respected altcoin after Bitcoin. The team has also engaged Javier
D ́Ovidio, the CEO of Edrans​, a company with more than 100 employees, with offices in Buenos
Aires, Barcelona, London and Las Vegas, which focuses on big data and artificial intelligence. Together
they have the drive, knowledge and experience required to successfully carry out a project like this.

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