To remove friction is one of our priorities, as we discussed on this blog post. If we wanted to be a mainstream app, we would need to make it easy for non-crypto people to use a platform fueled by a token, which means there should be a super simple way of earning tokens and a way of spending them.
As you already know in our ecosystem anyone can earn Flixx by watching ads or sharing content. And any user can spend those tokens for watching videos. But when you are a content creator and you want to use or cash out the Flixx you have earned, there should be a solution for not making you going through an exchange to sell your tokens.
Flixxo is proud to announce an awesome partnership with Ubanx, the easiest way for everyone to access cryptocurrency and blockchain financial services, providing a digital platform and physical spaces to meet, learn and connect. Described as “the Apple Store of the cryptospace” it will be the first Blockchain retail platform, connecting the mainstream to the best blockchain financial products in the industry, ensuring friendly, secure, frictionless and compliant experiences.
Not only will Ubanx introduce users to Flixxo in all their spaces — they have already more than 170 applications for opening Ubanx spaces— but they will also provide a Flixxo card that content creators will be able to use to spend their Flixx tokens as if they were USD or whatever currency they choose, in millions of commerces and digital retailers around the world (*)
Currently in the middle of an — already — successful ICO ending on June 30th, Pablo Orlando, President of Ubanx stated “Flixxo’s token model is a a breeze of fresh air for this ecosystem, and we are proud to help and be a part of a project which, we strongly believe, is going to change the way we watch online videos and will bring cryptocurrencies to a massive audience”
What does this mean for the smaller content creators? Adrian Garelik, CEO of Flixxo explained “Even if they are earning just a couple of bucks, they will be able to spend them right away. A transparent way of creating massive adoption for blockchain, without the need for the final user to understand how it works or what it means” To earn tokes, use tokens, send and receive tokens and spend tokens in other platforms or in the real world. Ubanx helps Flixxo build a complete and circular token economy.
A real use for a token turns into a real reward for an author that decided to contribute to the network. It is far more than current video platforms can — or are willing to — offer.
(*) Certain restrictions to residents, or specific country locations may apply. Card will be subject to Ubanx card services expansion.
