Post
Topic
Board Announcements (Altcoins)
Re: [ANN] FLiK
by
JCB44
on 15/10/2017, 20:10:27 UTC
So how are the coins going to be used in the application?
I've read that you can purchase or rent movies with the coins.
How is determined what the value of a coin is?

Let's say you can rent a movie with 1 coin. What if the next day the coin is worth 200%. Will the price of renting a movie be like 0.5 coin? If not, the coin would get a very stable price imo.

Also to who will the coins go when someone subscribes for 1 month to The Flik? Will it go to management or any other destination?

As far as I undestood you can purchase content or pay for subcribtion either with fiat or Flik tokens(this will be cheaper whan USD payments)