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On October 3th, a hacker stole ~$150MM in assets from Kucoin’s hot wallets. Part of these assets were Flixx that the hacker dumped in the market in a matter of hours, sinking the price of the token. We have decided to share some lines with our community to better understand the responsibilities and the future of the token and the project.

Buenos Aires, October 5th 2020

Long story short, we listed our token Flixx in Kucoin back in December 2017. Kucoin was a small exchange then, and our contact was fluid. After a year, the exchange grew from 8 people to 200 employees. Our new “listing manager” warned us about having low liquidity, and they marked our project as “ST”, which I don’t remember exactly the meaning of, but it was something like a special zone, or special treatment for observed projects — that wasn’t the best tool for improving liquidity on their market... …


To deliver, learn and pivot. That’s our motto. After releasing Flixxo to a broad audience, we took a month to analyse the behaviour of our first batch of users and the performance of the apps, in order to redefine our roadmap and shape our strategy for the upcoming months.

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Total registered users to date:
44,297 (+8,775)

From August 1st to August 31th:

Total ads served:
115,851
(with a completion rate of 85%)

Total Flixx rewarded to consumers:
55,740

Total Videos watched:
55,710

Total Flixx paid to content creators:
27,491

Total Flixx paid to seeders:
22,318

Value of Flixx:
u$ 0,015

Overview

With our dev team dedicated to implement new features, we’ve been very busy on the business side. …


Casi 40,000 usuarios, 200,000 anuncios mostrados, 90,000 videos reproducidos y 45,000 Flixx entregados a los creadores de contenido. Lanzamos hace un mes, y el futuro se ve prometedor.

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Ya pasó un mes desde nuestro mayor hito hasta ahora: nuestro lanzamiento oficial. Queremos compartir con ustedes algunas estadísticas. Sin más preámbulo… vamos directo al grano:

Total de usuarios registrados al día de la fecha:

37,069

Desde el 25 de Junio al 31 de Julio:

Anuncios mostrados:
199,998
(85% de reproducción completa en promedio)

Cantidad de Flixx entregados a consumidores:
101,885

Videos reproducidos en total:
90,264

Cantidad de Flixx pagados a creadores de contenido:
44,842

Cantidad de Flixx entregados a seeders:
44,119

Valor de mercado del Flixx:
~u$ 0,02

Visión general

Nuestra fecha oficial de lanzamiento fue el 29 de Junio, con el estreno de una nueva temporada de la serie de animación Alejo y Valentina. Varios usuarios nuevos ya habían empezado a registrarse unos días antes gracias a la anticipación que fuimos generando en redes sociales. Flixxo tuvo un pico de 13,000 anuncios reproducidos en 24hs el 30 de Junio, y luego de eso se mantuvo un promedio de aproximadamente 4,000 anuncios por día durante el resto del mes. …

About

Flixxo

Watch, share. Earn! Mixing Bittorrent+Blockchain to develop a social economy based on video sharing. Follow the conversation on Telegram t.me/flixxo

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