Published On: Thu, Nov 23rd, 2017

Blockchain-Based Video Sharing Platform Flixxo Announces Partnership with Distributed Computing Network

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Furthering their goal to provide a completely decentralized platform for uploading and sharing videos, Flixxo has announced that they have entered into a strategic partnership with, a decentralized network and marketplace for cloud computing.
Flixxo and – Taking Live Video Streaming and Content Distribution to the Next Level
The video content distribution market has already been divided among major players like YouTube, Netflix, and Amazon. Understandably, the centralization of such an enormous market worries many people. Not only does smack of monopolization, but storing all of that data is expensive. On its own, Netflix spends over $1 billion per year on data storage and those overhead costs get passed down to consumers. Finally, there are the perils of centralized censorship and revenue distribution.
Video streaming is a market that is crying out for blockchain initiatives, which can offer censorship-free content sharing, transparency of transactions, significantly lower data storage costs, and faster distribution.

The Flixxo is a video sharing platform that enables users to upload videos, share them with the community, and get rewarded with Flixx tokens (FLX). It is based on a peer-to-peer (p2p) distributed content storage system from which the actual videos will be transferred …

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