never heard from a ERC23 token, but when it will works with myetherwallet is that also ok for me.
You are right. I am interested why not every project uses this new token standard if it has improvements.
Topic: 🌟🌟🚀 [ANN] CRYPTOFLIX 🌟🌟🚀 Watch Movies. Fund Films. Get Cryptos. Repeat. - page 239. (Read 42496 times)
February 12, 2018, 04:13:07 PM
February 12, 2018, 04:06:23 PM
Today I've learnt more about the value proposition of Cryptoflix. The things I learnt was that iTunes/Netflix can take a long time to pay content creators (and Cryptoflix will be able to pay instantly), and also that there will be a lower minimum quality of movies/video on the platform
Cryptoflix will need to feature as many improvements as possible in order to compete with the establishment. My favorite is the payments for investments.
the road is still long and difficult, there are going to be a lot of legal stuff involved in doing something like that, however is something new and interesting if they manage to do it
what is soft cap requirement for this project? All those partnerships should be consider in softcap.
The caps are minimum 3k ETH and maximum 25k ETH. The tokens will be compliant to the latest ERC223 standard, so it will be smart contract-based. The token sale date is provisionally April 15th.
ERC-223 has some critical issues, it's no longer used imo.
The main and the most important is lack of event handling mechanism of ERC20 standard.
Lol I don't know where you get you informations but it's the other way around, it's well exapalined on github https://github.com/ethereum/EIPs/issues/223
This paragraph:
Another disadvantages of ERC20 that ERC223 will solve:
Lack of transfer handling possibility.
Loss of tokens.
Token-transactions should match Ethereum ideology of uniformity. When a user wants to transfer tokens, he should always call transfer. It doesn't matter if the user is depositing to a contract or sending to an externally owned account.
Seems you are correct:
3 Primary improvements with ERC223:
(1) Eliminates the problem of lost tokens which happens during the transfer of ERC20 tokens to a contract (when people mistakenly use the instructions for sending tokens to a wallet). ERC223 allows users to send their tokens to either wallet or contract with the same function transfer, thereby eliminating the potential for confusion and lost tokens.
(2) Allows developers to handle incoming token transactions, and reject non-supported tokens (not possible with ERC20)
(3) Energy savings. The transfer of ERC223 tokens to a contract is a one step process rather than 2 step process (for ERC20), and this means 2 times less gas and no extra blockchain bloating.
Switching from ERC20 to ERC223
"ERC23 tokens are backwards compatible with ERC20 tokens. It means that ERC23 supports every ERC20 functions and contracts or services working with ERC20 tokens will work with ERC23 tokens correctly."
Sources: https://github.com/Dexaran/ERC23-tokens/tree/Recommended#erc23-token-standard (ERC23 and 223 are the same thing). To read the full discussion about ERC20 and ERC223, follow this link: https://github.com/ethereum/EIPs/issues/223
so erc20 token project dont have to make a token swap then? did i understood it correctly?
February 12, 2018, 03:53:16 PM
never heard from a ERC23 token, but when it will works with myetherwallet is that also ok for me.
You are right. I am interested why not every project uses this new token standard if it has improvements. 
February 12, 2018, 03:35:37 PM
never heard from a ERC23 token, but when it will works with myetherwallet is that also ok for me.
I also can't name an ERC-223 token but seems to be an improvement compared to ERC20. Do all exchanges support ERC-223 tokens?
February 12, 2018, 03:31:40 PM
Anyways, to adoid any stiff competition, they decided wisely to start from the countries where similar services not so popular. Moreover, I can see other differences between Net- and CryptoFlix
This decision is undoubtedly a good move, but it is not necessary to delay much with access to the international arena. Otherwise, the interest in this project may overheat!with that strategy you can make final touches to your app/website with customer feedbacks and enter the highly competitive market when you are more than ready before.
imo this is the right way
February 12, 2018, 03:27:33 PM
never heard from a ERC23 token, but when it will works with myetherwallet is that also ok for me.
February 12, 2018, 03:19:17 PM
Today I've learnt more about the value proposition of Cryptoflix. The things I learnt was that iTunes/Netflix can take a long time to pay content creators (and Cryptoflix will be able to pay instantly), and also that there will be a lower minimum quality of movies/video on the platform
Cryptoflix will need to feature as many improvements as possible in order to compete with the establishment. My favorite is the payments for investments.
the road is still long and difficult, there are going to be a lot of legal stuff involved in doing something like that, however is something new and interesting if they manage to do it
what is soft cap requirement for this project? All those partnerships should be consider in softcap.
The caps are minimum 3k ETH and maximum 25k ETH. The tokens will be compliant to the latest ERC223 standard, so it will be smart contract-based. The token sale date is provisionally April 15th.
ERC-223 has some critical issues, it's no longer used imo.
The main and the most important is lack of event handling mechanism of ERC20 standard.
Lol I don't know where you get you informations but it's the other way around, it's well exapalined on github https://github.com/ethereum/EIPs/issues/223
This paragraph:
Another disadvantages of ERC20 that ERC223 will solve:
Lack of transfer handling possibility.
Loss of tokens.
Token-transactions should match Ethereum ideology of uniformity. When a user wants to transfer tokens, he should always call transfer. It doesn't matter if the user is depositing to a contract or sending to an externally owned account.
Seems you are correct:
3 Primary improvements with ERC223:
(1) Eliminates the problem of lost tokens which happens during the transfer of ERC20 tokens to a contract (when people mistakenly use the instructions for sending tokens to a wallet). ERC223 allows users to send their tokens to either wallet or contract with the same function transfer, thereby eliminating the potential for confusion and lost tokens.
(2) Allows developers to handle incoming token transactions, and reject non-supported tokens (not possible with ERC20)
(3) Energy savings. The transfer of ERC223 tokens to a contract is a one step process rather than 2 step process (for ERC20), and this means 2 times less gas and no extra blockchain bloating.
Switching from ERC20 to ERC223
"ERC23 tokens are backwards compatible with ERC20 tokens. It means that ERC23 supports every ERC20 functions and contracts or services working with ERC20 tokens will work with ERC23 tokens correctly."
Sources: https://github.com/Dexaran/ERC23-tokens/tree/Recommended#erc23-token-standard (ERC23 and 223 are the same thing). To read the full discussion about ERC20 and ERC223, follow this link: https://github.com/ethereum/EIPs/issues/223
February 12, 2018, 03:15:10 PM
Today I've learnt more about the value proposition of Cryptoflix. The things I learnt was that iTunes/Netflix can take a long time to pay content creators (and Cryptoflix will be able to pay instantly), and also that there will be a lower minimum quality of movies/video on the platform
Cryptoflix will need to feature as many improvements as possible in order to compete with the establishment. My favorite is the payments for investments.
the road is still long and difficult, there are going to be a lot of legal stuff involved in doing something like that, however is something new and interesting if they manage to do it
what is soft cap requirement for this project? All those partnerships should be consider in softcap.
The caps are minimum 3k ETH and maximum 25k ETH. The tokens will be compliant to the latest ERC223 standard, so it will be smart contract-based. The token sale date is provisionally April 15th.
ERC-223 has some critical issues, it's no longer used imo.
The main and the most important is lack of event handling mechanism of ERC20 standard.
Lol I don't know where you get you informations but it's the other way around, it's well exapalined on github https://github.com/ethereum/EIPs/issues/223
This paragraph:
Another disadvantages of ERC20 that ERC223 will solve:
Lack of transfer handling possibility.
Loss of tokens.
Token-transactions should match Ethereum ideology of uniformity. When a user wants to transfer tokens, he should always call transfer. It doesn't matter if the user is depositing to a contract or sending to an externally owned account.
February 12, 2018, 03:10:24 PM
Today I've learnt more about the value proposition of Cryptoflix. The things I learnt was that iTunes/Netflix can take a long time to pay content creators (and Cryptoflix will be able to pay instantly), and also that there will be a lower minimum quality of movies/video on the platform
Cryptoflix will need to feature as many improvements as possible in order to compete with the establishment. My favorite is the payments for investments.
the road is still long and difficult, there are going to be a lot of legal stuff involved in doing something like that, however is something new and interesting if they manage to do it
what is soft cap requirement for this project? All those partnerships should be consider in softcap.
The caps are minimum 3k ETH and maximum 25k ETH. The tokens will be compliant to the latest ERC223 standard, so it will be smart contract-based. The token sale date is provisionally April 15th.
ERC-223 has some critical issues, it's no longer used imo.
The main and the most important is lack of event handling mechanism of ERC20 standard.
February 12, 2018, 03:09:58 PM
Anyways, to adoid any stiff competition, they decided wisely to start from the countries where similar services not so popular. Moreover, I can see other differences between Net- and CryptoFlix
This decision is undoubtedly a good move, but it is not necessary to delay much with access to the international arena. Otherwise, the interest in this project may overheat!with that strategy you can make final touches to your app/website with customer feedbacks and enter the highly competitive market when you are more than ready before.
imo this is the right way
February 12, 2018, 03:06:06 PM
Anyways, to adoid any stiff competition, they decided wisely to start from the countries where similar services not so popular. Moreover, I can see other differences between Net- and CryptoFlix
This decision is undoubtedly a good move, but it is not necessary to delay much with access to the international arena. Otherwise, the interest in this project may overheat!with that strategy you can make final touches to your app/website with customer feedbacks and enter the highly competitive market when you are more than ready before.
February 12, 2018, 03:02:32 PM
Anyways, to adoid any stiff competition, they decided wisely to start from the countries where similar services not so popular. Moreover, I can see other differences between Net- and CryptoFlix
This decision is undoubtedly a good move, but it is not necessary to delay much with access to the international arena. Otherwise, the interest in this project may overheat! February 12, 2018, 02:50:14 PM
Anyways, to adoid any stiff competition, they decided wisely to start from the countries where similar services not so popular. Moreover, I can see other differences between Net- and CryptoFlix
This decision is undoubtedly a good move, but it is not necessary to delay much with access to the international arena. Otherwise, the interest in this project may overheat!i think people didn't know the advantages of stream media until they have it their country
it happened like this in my country
everyone is using over advertised websites, then net- started to operate in my country and increased member number to moon easily after a good marketing session.
February 12, 2018, 02:35:52 PM
What I still do not understand, is what was commented a few pages ago, about the possibility of gains to users who use the platform, how can this happen? Will there be a rating or some system for users?
February 12, 2018, 02:10:37 PM
Anyways, to adoid any stiff competition, they decided wisely to start from the countries where similar services not so popular. Moreover, I can see other differences between Net- and CryptoFlix
This decision is undoubtedly a good move, but it is not necessary to delay much with access to the international arena. Otherwise, the interest in this project may overheat! February 12, 2018, 01:50:56 PM
Today I've learnt more about the value proposition of Cryptoflix. The things I learnt was that iTunes/Netflix can take a long time to pay content creators (and Cryptoflix will be able to pay instantly), and also that there will be a lower minimum quality of movies/video on the platform
Cryptoflix will need to feature as many improvements as possible in order to compete with the establishment. My favorite is the payments for investments.
the road is still long and difficult, there are going to be a lot of legal stuff involved in doing something like that, however is something new and interesting if they manage to do it
what is soft cap requirement for this project? All those partnerships should be consider in softcap.
The caps are minimum 3k ETH and maximum 25k ETH. The tokens will be compliant to the latest ERC223 standard, so it will be smart contract-based. The token sale date is provisionally April 15th.
It's a token's standard compiled by smart contracts' auditer (and now member of the Ethereum Commonwealth team for ETC) Dexaran, it solves many ERC20 problems that caused much money's losses in the past
February 12, 2018, 01:47:36 PM
Anyways, to adoid any stiff competition, they decided wisely to start from the countries where similar services not so popular. Moreover, I can see other differences between Net- and CryptoFlix
This decision is undoubtedly a good move, but it is not necessary to delay much with access to the international arena. Otherwise, the interest in this project may overheat!
February 12, 2018, 01:28:36 PM
Quote
our first markets will be the unbanked population of the world who today have little or no other option than to watch pirated movies.
And why you thinking, that people from poor countries quit watching free piracy films and start to pay for movies? Its wrong an approach I think
They may not but it is about conditions.
If you have access to the best programs out there you may choose to pay it.
For example, netflix dropped the piracy rate because it is too comfortable. If you choose people alternative of piracy some will choose.
Yes, but better focused on rich countries - like Germany. I live in poor country, and people dont paying for content. They download all for free. And same in every poor country I think...
Well, they are not completely profit orientated. If they were, I'd agree with you that they should focus on Western countries but they will also offer a lot of free educational content.
February 12, 2018, 01:28:17 PM
Quote
our first markets will be the unbanked population of the world who today have little or no other option than to watch pirated movies.
And why you thinking, that people from poor countries quit watching free piracy films and start to pay for movies? Its wrong an approach I think
They may not but it is about conditions.
If you have access to the best programs out there you may choose to pay it.
For example, netflix dropped the piracy rate because it is too comfortable. If you choose people alternative of piracy some will choose.
Yes, but better focused on rich countries - like Germany. I live in poor country, and people dont paying for content. They download all for free. And same in every poor country I think...
Well, they are not completely profit orientated. If they were, I'd agree with you that they should focus on Western countries but they will also offer a lot of free educational content.
February 12, 2018, 12:43:37 PM
Today I've learnt more about the value proposition of Cryptoflix. The things I learnt was that iTunes/Netflix can take a long time to pay content creators (and Cryptoflix will be able to pay instantly), and also that there will be a lower minimum quality of movies/video on the platform
Cryptoflix will need to feature as many improvements as possible in order to compete with the establishment. My favorite is the payments for investments.
the road is still long and difficult, there are going to be a lot of legal stuff involved in doing something like that, however is something new and interesting if they manage to do it
what is soft cap requirement for this project? All those partnerships should be consider in softcap.
The caps are minimum 3k ETH and maximum 25k ETH. The tokens will be compliant to the latest ERC223 standard, so it will be smart contract-based. The token sale date is provisionally April 15th.
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