Topic: 🌟🌟🚀 [ANN] CRYPTOFLIX 🌟🌟🚀 Watch Movies. Fund Films. Get Cryptos. Repeat. - page 240. (Read 42496 times)

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.

Any plans on partnering with celebrities out there?

in poor countrys the people will not pay for content ok, but they can make advertising in this countrys or a special price.

beta announced? or just ico?

Yeah, like in Nigeria - I doubt they have too many cinemas, but they have enough of internet so that the whole world is aware of african scam. In general, the devs may add different variants of movie quality (e.g. dvd, hd, full hd etc)

In my opinion, it's all about quality - price combination here. It they manage to deliver good quality content for an affordable price, then it will be a success.
In undeveloped countries people don't have access to theaters for example or it might be too expensive, but they do have internet (in general). I think this kind of platform would be well met.

Make sure you are signed up to the Communications list and the Early Pre-Sale Alert at https://cryptoflix.io

Also, more info will be shared on the Telegram group: https://t.me/CRYPTOFLIXOFFICIAL

it's quite reasonable amount of money for this project, it should be able to get funded i hope. They just need to advertise a bit more and release more news or explain what is happening with the project

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.

Soft cap is 3000 ETH, so less than 3 million dollars. Should be no problem.

what is soft cap requirement for this project? All those partnerships should be consider in softcap.

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

Based on my experience, its pretty difficult to find and stream a not popular high quality (at least Blu-ray 720p) pirated movies.
And if i search on google, it will bring me to amazon site (buy it) or risky sites which there is a "video not found" words.

Cryptoflix will need to feature as many improvements as possible in order to compete with the establishment. My favorite is the payments for investments.

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...

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

Thx. that's a great comparison. I didn't realize that the platform also offers advantages to the content owners. Very good.

Thanks James for the conclution. I see the advantages of Cryptoflix. At the end these disadvantages are accepted by the users because of the provided offer and maybe the price.
So important is the offer of movies

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

There is a difference between the Netflix Model and the CRYPTOFLIX Model.

Netflix is mainly comparable to a Pay TV channel, except they do not have a fixed schedule. They pay license fees for the period where the content is on their platform up front and users can watch the movies as many times as they want, when they want.

In the film industry windows, Netflix is among the last stops in the income waterfall before free TV, but after VOD and DVD/BluRay. So Netflix will not have brand new movies, other than their own, because the content owners want income from the other windows first.

Also Netflix are producing their own content, which I believe they have re-allocated as many funds to as for licensing in 2018 so likely expect more of their own content going forward and less third party content.

The CRYPTOFLIX Model is more comparable to that of iTunes, which is a revenue sharing model where the content owners put their content on the platform against a share of the revenue and at no cost other than storage and administration to the platform.

CRYPTOFLIX will be different than the existing platforms in that it will be possible to use the platform without an Apple device and without a credit card (by using FLIX Tokens) and we will have more flexibility for the content owners in that the minimum quality requirements for entry onto the platform will be lower than the minimum standards for iTunes etc. and also our pricing structure will be more flexible. Also we can use smart contracts to share the revenue instantly with the content owners - in the current platforms this can take months or even years.