I'm not sure what you mean by marketplace to increase the token's value. We will have a marketplace inside of our phase2 and phase3 platforms.
These will allow for premium account holders to further monetize their experience with URAllowance.

You didnt understand my question. I asked about checking filmmaker, not investors. How Cryptoflix can check every filmmaker, when they will be raise money?

As far as i know, if you choose to back a movie, if they have a success you are getting some profit or loss. But i am not sure how will it be like.

Not necessarily. The price depends not only on the amount of people who decide to hold. It also depends on the project development and many more unpredictable factors.

Why you think it's bad? If the price will be constantly adjusted against some currency, that market interventions all the time. Besides, I think since the token will be constantly used on the platform, the volatility won't be such a big problem.

And will this constantly be adjusted against the USD/EUR/YEN?

Sadly, this is true about marketing for an ICO. The big problem with this truth is that there are now standards and minimum viable means of operating in place. This is a double-edged sword because I have seen good projects fly under the radar because they were underfunded or just tech guys with great ideas and or projects, they just weren't very good at marketing or talking to people. On the other end of the spectrum, you have these professional scammers that are better at holding ICOs than any legit business ever could. They have probably already pulled off one or two scam ICOs and walked away with millions. Well, what is to stop them from doing it again and again? Only every time they do it, they have even more money for marketing. hiring managers and the works? By now they could be holding multiple ICOs and we all would think that they were legitimate because of how much of "their own money" they have already invested into their marketing and their new project.
So before anyone judges too harshly based on the premise of how well a company is marketing their ICO.... Ask yourself, should a startup be able to afford 100,000 for marketing. Should they be posting to twitter and telegram all day or should they doing what they do best, developing the tech for our future?

I am a marketer among many other things. So I know the importance of product marketing. I just think that when you stumble on to a great project with a dedicated team, take them for what they are doing instead of what are not doing.

Thank you. In my part of Asia, we now have a couple of homegrown as well as netflix competing for the market. But the titles are too few and limited. It would be one service for GOT and another one for Band of Brothers. If Cryptoflix can come up with solutions to the payment and the titles too, it will be a great deal of success.

I think your answers is in the whitepaper that is if they have one  

Hey everyone - thank you for your continued interest and questions.

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

not to mention that you get dividends as well. that's a major selling point.

I really like the possibility to have a streaming platform where I can pay in crypto, and a lot of features in cryptoflix are interesting. The best is the possibility to fund film I think.

Exactly! A lot of famous YouTubers (like Ian balina) who review ico's won't even look at a project unless there is some kind of prototype. And these guys can create a lot of good buzz for a project. So I'm hoping something will be released or shown

Alpha will be aunched only in Q3 2018? (from roadmap) Why so long?

there is no official source so far so it's bullshit.

Hey everyone, Christian here from CRYPTOFLIX.

There have been some questions about how the CRYPTOFLIX Film Marketplace will work and what types of projects we expect to see. Also, there seems to be a belief that major filmmakers and studios have enough money to finance films by themselves, so I just wanted to share some of the ideas and plans we have regarding this.


First of all, financing a film or a TV series is not easy for most filmmakers, even for good ones. There seems to often be a gap of 15-20% which is typically financed by wealthy individuals or investment companies. Sometimes the last part is financed by banks or other specialized film financing sources. Very often there are many layers of financing and as these layers are in different positions when the income from the film starts to flow, there are different layers of risks and rewards involved.

Our aim is to help top quality film producers, sales agents, distributors and other film industry players to achieve funding for their projects, while at the same time offer the FLIX token holders the opportunity to act as financiers to enable them to achieve a return on the transaction.

In the White Paper we have used the example below:

A renowned producer is seeking gap financing for an English language horror movie. The movie will star a cast of renowned, but not “A-List”, actors.

Token holders can invest in the offered film projects with the returns and conditions offered in a term sheet. This will provide FLIX token holders with a unique opportunity to finance film projects, while fully aware of the risks and returns involved. The CRYPTOFLIX risk score will take into consideration the cast, the genre, the director, producer and key crew attached as well as other factors such as projected market penetration and income, which will serve as a guide for the token holder into the profitable world of film financing.

Other examples of potential projects needing financing could be:

A high quality independent film project, which unexpectedly attracts an A-List Actor to star. This happens and the producers will need to quickly find the extra financing to be able to cover the increased cost, which they are naturally willing to bear because the involvement of a star actor could hugely affect the financial outcome of a film.

Or

A distributor wants to pre-buy the rights to distribute a quality film and is looking for financing to be able to enter into an agreement with the sales agent before a film festival. A distributor is first in line to receive his/her share of the profits and the risk is different than that of the producer.

Now finally regarding the investment process we will use Smart Contracts and internal 1:1 fiat pegged stable FilmCoins to avoid exposure to the potential fluctuations in the crypto currency prices.
As a FLIX Token holder, you will have access to the CRYPTOFLIX Film Marketplace, where you will be able to see the projects you can invest in and their term sheets. When you invest in a project, CRYPTOFLIX will deposit your FLIX Tokens into a FilmCoin smart contract and you will receive 1:1 fiat pegged internal FilmCoins which represent your investment.
If and when the film project is a success and recoups profits, the initial FLIX Tokens used as collateral is returned to your digital wallet, while the yield is given as internal FilmCoins.
I personally think that this is a film financing platform which has a big potential. Please read the white paper on www.cryptoflix.io.

I hope that helps.

Christian Falkenberg Husum
CEO of CRYPTOFLIX

So that means, if the cryptoflix price is changed then the amount of the returned tokens will be changed too?

As a FLIX Token holder, you will have access to the CRYPTOFLIX Film Marketplace, where you will be able to see the projects you can invest in and their term sheets. When you invest in a project, CRYPTOFLIX will deposit your FLIX Tokens into a FilmCoin smart contract and you will receive 1:1 fiat pegged internal FilmCoins which represent your investment.
If and when the film project is a success and recoups profits, the initial FLIX Tokens used as collateral is returned to your digital wallet, while the yield is given as internal FilmCoins.

It is not really. The name is similar and making people think it is netflix with crypto but they are targeting way different things than netflix.

Still, i can count netflix as a competitor.

Hi everyone - Christian form CRYPTOFLIX here.

Because our name is similar to "Netflix", then there is an assumption that we will have a subscription service. This is not the plan. Our business model is very different from Netflix in that Netflix license content, which is not new to the VOD window, but which is comparable to Pay TV albeit without a fixed schedule. They are focussing more and more on their own content now and has become somewhat of a studio themselves. Our model for paid content is more like that of iTunes but for people without apple devices and with a much more flexible pricing structure. A lot of content will be free and there is no need to have a subscription to watch the free content, however if you use the free content for commercial activities, there is a subscription option for this. The other elements of the business model - especially the Film Financing Market but also ebooks, film production and licensing of the anti piracy tech are all in addition to the main business model, however in themselves potentially big, so there are multiple ways of making CryptoFlix into a successful business.

Join us!

Thats nice, and will you also provide some ongoing box office movies? or maybe a few weeks after? or not?

Do you really think Indian movies will become that much attention in the whole world. I watched some a few years ago and I hadn't liked them that much.