Flixxo PillarsScale the blockchain!
Our long term goal is to build a p2p network with all the transactions settled in a distributed and trustless way on Blockchain. But we have learned from others’ mistakes, and we know that our approach should be progressive. As there are not solutions for blockchain scalability yet, we would use the same mechanism that exchanges use: we will centralize the payment channels at the beginning, and settle the transactions in batches in the blockchain as a backup or every time a user wants to take tokens to their off-platform wallets. We will progressively move into a 100% blockchain model as microtransactions solutions evolve.
Ethereum or Bitcoin?
You are aware of our connection with RSK (our CEO Adrian Garelik is one of the founders of the company) and our dev team is very close to RSK dev team. We will assess both technologies as we need the best Blockchain, the fastest, more robust and cheaper one in order to deploy a multi-million users video platform. We are pushing for a fast implementation and looking for ways of participating into the development of Lumino, Sergio Lerner’s protocol for reaching 200,000 txs per second. We are not assessing any other Blockchain.
Building Flixxo’s p2p network will take time
Even though we would need a certain level of centralization at the beginning, we aim on leaning all the bandwidth and storage costs into a p2p network. We need to test the concept, slowly build a network and keep a balance. If we try to start with some millions users, the infrastructural costs for streaming content on top of classical CDNs would be huge and we would run out of resources. We need to start with some thousands users and grow slowly, learning of their behaviors and keeping in mind we should always deliver fast and good quality streaming while we build up a p2p based structure (which has almost no costs). If we do that and we learn how to lean 100% on a p2p network, there are no growth limits for Flixxo.
We focus on mobile, but we are starting desktop.
Mobile video platforms rely on one thousand different factors: Argentinian Galaxy S8 specs are not the same than US Galaxy S8 specs. On the other hand, p2p services may have diverse limitations on top of every single different 4G network in the world — and we are witnessing the beginning of 5G networks, while many regions are still on 3G. We will first deliver a desktop version of the platform in Q2, and we aim on having a first mobile version by the end of the year.
We are developing an aggressive MKT and communication campaign.
to be deployed once we have tested our technology and grown our network, reaching a point in which we are confident that we can scale, that every new user will make the network stronger and will not turn itself into a resources-consuming-user. That will be the kicking point for bringing the most popular YouTubers to the platform — even though we could start some collaborations sooner.
We will distribute incentives for having Flixxo running for the first 10 years.
Our biggest resource is our own token and we have reserved several tokens for having our platform running for 10 years, letting us test the concept and learn from users’ behaviors. At the same time we are distributing our fuel — the core of our model — with the community. We don’t need further resources for moving forward as we are well funded and we have developed a compelling incentives plan. This is a unique opportunity for a startup and we plan on getting the most out of it, knowing that reaching every milestone means bringing more value to our remaining resources.
When moon?
Moon will come when we prove we can deliver a disruptive technology, build up a community of content creators and content consumers and link them with advertisers. Jupiter will come as we deploy a Flixx exchange for advertisers, an app in which content creators or token holders could find a non-speculative and organic demand for their tokens. We are already listed in KuCoin, Livecoin, IDEX, Gatecoin and Etherdelta. New exchanges are coming soon, and some exchanges will follow our platform launch. We have very ambitious plans, not only satellites and planets… we are thinking in galaxies.
https://medium.com/@flixxo/flixxo-pillars-12b4185f08d1