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Chainflix’s Token Sale Coming Soon

Dear Chainflix Supporters,

Chainflix is a revolutionary blockchain-based P2P video streaming platform that allows viewers, content creators, and enhancers to monetize their time, contents, and efforts. Chainflix intends to solve the issues in the current video streaming industry through a revolutionary approach.

CFX is the minable coin on the service. CFXT is the corresponding ERC20
token. CFX is used to reward users for their contribution to the platform. Soon, community members of Chainflix will be allowed to purchase CFXT prior to listing in fourth quarter.

Click here for further information on Chainflix Token. Follow Chainflix on different communities and social channels for the latest new.


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Chainflix, the revolutionary video streaming platform

Chainflix is revolutionizing the video sharing industry with proprietary, innovative technologies. By implementing blockchain and artificial intelligence, Chainflix resolves the issues that traditional video sharing platforms are struggling rewarding users, distributing revenue, and reducing operational costs.

Problem

Limited Participation Rewards

There are different participants to the streaming platform: viewers, advertisers, content creators. However, platforms only benefit creators with advertisement revenue. Viewers receive zero rewards and advertisers struggle with inefficient advertisement campaigns. Despite the struggles and disparity, there has been no platform that resolves these limited contribution benefits.

Astronomical Operational Costs

Most of the media sharing platforms rely on a centralized content delivery network (CDN). Simply explained, when users upload content to a platform, all files are stored on a set of centralized servers managed by the platform provider. With videos, the file sizes are huge, and the operational costs are correlated to the number of users on the platform. …


Chainflix has successfully completed system maintenance. The following changes were made to the platform to provide better user experience.

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1. FLIXER system

At the request of many active creators at Chainflix, we are excited to introduce the FLIXER system!

If you have been keeping videos because of upload restrictions, now it’s your time to shine!

What is FLIXER?

FLIXER is a creator who, among other creators on platform, is verified by Chainflix.

If you are a content creator of various video platforms, apply to become a FLIXER!

Why become a FLIXER?

  • FLIXER channels receive a verification badge which distinguishes them from other channels. …


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Chainflix CEO participated in a discussion hosted by CCTV News in Seoul, Korea on June 17th 2020

On June 17th 2020, multiple Korean blockchain companies were invited to an event to discuss the state of Korean Blockchain industry, effects of COVID-19 on the industry, implementation of the Special Act, and the future of Blockchain Industry in the second half of 2020.

A total of ten projects were invited to the event: Chainflix, Quiztok, Opus M, SymVerse, MovieBloc, Hiblocks, Monster Cube, BNH Korea, Realty Bank, and Blocko.

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Different CEOs participating the discussion

Chainflix’s CEO Jeong-seok Oh shared his opinion on the several discussion points of the event.

The State of Korean Blockchain industry in the first half of 2020?

Jeong-seok believes that blockchain technology has yet to develop to actually impact the people’s daily needs. Currently he believes that blockchain is currently focusing too much on vague financing possibilities. Such limitations are making blockchain industry less attractive to the public, government, and investors. However, Jeong-seok said, “Despite such situation, companies working to implement blockchain in the commercial industry receive continuous funding from investors.” While the general market cap has decreased for blockchain technology since the ICO craze in 2017, Jeong-seok believes that projects focusing on the essence of blockchain technology will draw attention from the market as an aftermath of COVID-19. …


Chainflix has successfully completed system maintenance. The following changes were made to the platform to provide better user experience.

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1. Reduction of CFX Total Supply

As we are preparing for the official launch of the platform, Chainflix team has made the decision to reduce the total supply of tokens from 10 billion to 5 billion tokens. While the total supply reduces, the token distribution ratio will remain same.

  • Changes will be immediately effective on June 25, 2020 and will also apply retroactively to CFX set aside for airdrop event. …


Chainflix has successfully completed system maintenance. The following changes were made to the platform to provide better user experience.

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  • Daily upload limit

More and more videos that may be infringing somebody’s copyright or low effort videos are being uploaded on Chainflix.

In order to prevent this issue, the daily upload limit has been applied with a goal of increasing the number of high-quality contents on the platform. From now on creators can upload:

4 free uploads per day (Additional uploads cost 100CFX per video)

(On additional uploads, small portion of coins will be burned and the rest will be given as dividends to users who stake coins.)


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ブロックチェーンフレームワークを機能させる方法を探しているなら、あなたを助ける適切なシステムが絶対に必要です。しかし、どのシステムを利用すれば良いでしょうか?さて、最初に見ることはあなたが実際にどのようなタイプのユーザーですか。あなたは彼らのコンテンツを大衆に届ける方法を探しているコンテンツクリエーターですか?あなたは制作されているコンテンツをレビューしてくれる視聴者ですか?または、コンテンツの品質を向上できるエンハンサーである可能性があります。

あなたがどんなタイプのユーザーであっても、どこに行くべきかわかっていれば、ブロックチェーンフレームワークを最大限に活用することができます。しかし、世の中には非常に多くの異なるサービスがあり、どれを使用したいのかを理解するのは難しい場合があります。その …


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Chainflix is pleased to announce a partnership with Fandom & Berry. CEO Jeong-seok Oh and General Manager of Fandom & Berry, Yo-han An signed a Memorandum of Understanding (MOU) to pursue joint marketing campaigns and long-term partnership.

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Jeong-seok with Yo-han An

Fandom is a digital community for fans. “Fans” can join official and/or unofficial fan clubs of their favorite celebrities to together to share news or converse freely with other fans. Fandom is an easily accessible digital community for fans all over the world. Their application is available on both web and mobile.

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© Fandom

Berry Store is a blockchain-based charity auction platform. Berry allows participants to bid on celebrity goods, which are usually unavailable in typical stores. The platform is built to have most proceeds of the auction automatically donated to charities. Application users can bid and purchase items through Berry’s native cryptocurrency or other traditional payment methods such as credit card or PayPal. …


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Decentralization’ is a keyword often used within the blockchain industry. If corporates, organizations, or certain entities control and manage services, those services are known as a ‘centralized service.’ If a service does not rely on a specific entity but a peer-to-peer connection, we call it a ‘decentralized service’. Decentralization is one of blockchain’s strongest features. However, most blockchain projects cannot materialize decentralization due to technical or realistic limitations. Yet, there is a company from Korea going up against the challenge. Jampick’s CEO Jeong-seok Oh aims to achieve maximum decentralization through blockchain-based video streaming platform Chainflix.

Q. …


ChainFlix has successfully completed system maintenance. The following changes were made to the platform to provide better user experience.

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  • Notifications Function Update

Creators and storage providers will now also receive reward notifications when CFX coins are mined. Notifications are also now sorted into two different tabs [General] and [CFX Coin] for easier navigation. Also, now notifications will have ‘read’ and ‘unread’ marks. For storage providers, notifications can be separately checked on ‘Storage Management’ page.

  • Video uploads

Until now, some app users had difficulties streaming videos. To fix this issue, conversion/compression technology has been applied for video uploads. From now on, once a video upload is completed conversion/compression process happens for a few seconds/minutes (‘Encoding Video’ will be displayed until the process is completed). …

About

Chainflix

Blockchain Based Video Streaming Platform http://www.chainflix.biz/

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