Just wanted to clarify the 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.
I hope this helps.
Don't forget to sign up for the Early pre-sale Alert on our web page: www.cryptoflix.io
Take care, Christian
Difference between Netflix and Cryptoflix is more clear to me. Now I wonder is there already an existing Itunes like movie sharing platform outside of blockchain?
I think a lot of people are relating it to Netflix, just due to the similarities in the name. It is nice to see a compact explanation about the differences so people can invest confidently.