Topic: [ENDED]Flixxo, a social economy based on video sharing platform PopcornTime+RSK - page 132. (Read 65595 times)

Do you already have access to the exchanges after ICO?

Total supply 1.000.000.000
50% for incentives
30% for pre sale and sale
10% for team
9.55% for company costs (advisors, token sale and partners)
0.45% for bounty

And that's all I wanted to know. Now it's clear for me.
Thank you.

Sir,

this is what the Whitepaper says (page 18):

10% of total, Flixx 100,000,000 (one hundred million Flixx), will remain in hands of the development team and partners, vested proportionally on two years. Flixx 100,000,000 (one hundred million Flixx) will remain in the company (Flixxo LTD), covering the costs of the Token Allocation Event, advisors, bounty program and for future partnerships

So those 100M tokens you are assigning to Flixxo Ltd are actually for the bounty, Token Sale, advisors, etc. These tokens are not "unsold" as they have never been for sale. Nobody will receive them "for free", they are use to cover all kinds of costs and partnerships.

From Whitepapers:
10% of total, Flixx 100,000,000 (one hundred million Flixx), will remain in hands of the team and partners
Flixx 100,000,000 (onehundred million Flixx) will remain in the company (Flixxo LTD)

From Bounty program:
1.5% of all tokens sold will be allocated to the Bounty Program.

And 300M tokens will be sold in pre-sale and sale. So 1.5% from 300M is 4.5M for bounty and this will be covered from 100M tokens from Flixxo LTD, so from unsold tokens.
I'm no longer dragging the topic because I cannot get a simple answer - Who will receive for free the remaining 95.5 million from Flixxo LTD?

No, that was never said. And the bounty program will NOT be covered from unsold tokens (what would happen if there are no unsold tokens?)

I think the maths are pretty clear.

That is not the answer to my question.
Before was 100M for team and 100M for Flixxo LTD. Now it has been changed?
100M to cover bounty program, partnerships and costs of Token Sale Event. Bounty program is only 4.5M. You will cover this from unsold tokens.
Who will receive for free the remaining 95.5 million? I'm just curious and I want to make it clear.

this one project with a very good idea, not a bad idea to join this project, i will see the development of this thread, i am very interested to join bounty, good luck

Flixx tokens will be given to:

- Content distributors. Incentives for seeding will result in incentives for content creators. Early adopters, both distributors and creators, will be rewarded. This will help develop a true decentralized network for content distribution, and will attract authors for making their content available and choosing their own business model.
- Users who engage socially: Gamification is the practice of applying game mechanics in non-game situations. These typically include points, achievements, high score table and other trappings of modern gaming. The game industry has spent a great deal of time refining what makes a game engaging and entertaining, and applying these principles to other business contexts. Then, earning Flixx and participating in the community has to be seen as a game, there are benchmarks on your social engagement that will be rewarded with incentives. It pushes members towards behavior that benefits the community. Tailoring the rewards set up for Flixxo community can allow us to reward things like good behavior, reaching a certain amount of shared videos, strong contributions, inviting friends, posting material that receives positive feedback and many other things. Providing both extrinsic (such as merchandise, movie tickets, etc.) and intrinsic (tokens) rewards for the behavior we want to see is a great way to build a positive community culture.

Incentives will progressively decrease to zero along the first ten years.

During the first three to six months, access to Flixxo will be granted by invitation. Having the responsibility of deploying good quality video and satisfying content demand, we must control the flow of users until reaching a massive amount of media. On the side of the incentives and economics of the platform, such a mechanism will allow us to reward with Flixx those users who invited new active users.

Please check out pages 14-18 of the white paper for more detailed information.

The math is like this:

500M tokens for incentives
100M tokens to cover bounty program, partnerships and costs of Token Sale Event
100M tokens Remain in the company (Flixxo LTD)
300M tokens sold between presale and sale
------------------------------------------------------------------------------------------------
Total = 1B tokens

it looks a very cool concept, I want join

How is it decided who gets how many coins?

Hi,

Could you explain this to me?
You are saying that the team will hold 10% (100 mln) but still there is another 100 mln in Flixxo LTD (to cover bounty program, partnerships and costs of Token Sale Event).
Bounty program is 1.5% from 300 mln (of all tokens sold), so it's 4.5 mln. You will cover this from unsold tokens. Who will receive the remaining 95.5 million? (strategic investors will take 20% from 300 mln - pre-sold).

Hello,

The team keeps only 10% of tokens vested on a two years period. The incentives are held by a smart contract and are released on a daily basis along 10 years on a decreasing manner. These incentives will intend to reach a critical mass of users, no single user would earn a significant amount of tokens as incentive. There's no better way of creating value on a token than putting it in the hands of 50M users!

Total suply: 100,000,000,000 (one billion)

Pre-sold: 300,000,000 (three hundred million)
Team and partners: 100,000,000 (one hundred million)
Remain in the company (Flixxo LTD): 100,000,000 (one hundred million)
Distributed in a predefined and regulated manner – in the form of incentives to attract users and producers into the platform: 500,000,000 (five hundred million)

So how many token will stay in company?
Team 100 mln + Company 100 mln + Own supply for incentives 500 mln
It looks like you will keep 700 mln?

So how many token will be sold in ICO?
300 mln - 20% (for strategic investors) = 240 mln?

If these 300 mln will be generate a price on the market (Circulating Supply), then if you release these 500 million (incentives) - our coins are worth nothing?

Hello cok_elat,

the full details for the Token Sale will be announced shortly. There will be bonuses, and there is a private presale for contributions above $50K.

how about the price of ICO?? and will the ICO participants get bonuses?? no pre-sale??

How this flixxo compare to steemit base on earning? what make flixxo special? im more interested on how to make money if i am not a good video maker. how can i make money on the platform by just invest in there?

The value of Likes on the creation of social economies

https://medium.com/@flixxo/the-value-of-likes-on-the-creation-of-social-economies-2b770957f740

Hi! that's our current roadmap. There are lots of other goals and milestones but some can't be commited to a deadline because they depend on other technologies still under development, and others are still under negotiation with other companies and will be announced with press releases when confirmed.
For example we will surely have some integration with rsk, and we are looking forward to supporting raiden. We're just not sure how deeply and when, yet.

Cheers!

is there any detailed roadmap?
is whitepaper roadmap consist of
Q1 2016 - Flixxo foundation (DONE)
Q2 2017 - Functional ALPHA (DONE)
Q4 2017 - Token Generation Event
Q1 2018 - L.A. headquarters opening (content gathering)
Q2 2018 - Functional Platform premiere
Q4 2018 - Network integration with other video platform (Flixxo white label)
Q4 2018 - Flixxo Marketplace and decentralized Flixx exchange
Q1 2019 - Flixx integration with other platforms (gaming, music, marketplaces)