Too much need to be changed on the Internet to make it work. Thanks to piracy, movies can be watched free of charge.
I don't mind paying but I don't want any restrictions while I'm paying like Netflix impose.
The main issue is country. I would strongly suggest that the contents should not be country specific, people from everywhere have access to Internet now and everyone has the right to watch contents.
That is something I really dont like about Netflix, the content is different for every country. No idea why they do that, hop Cryptoflix wont.
In order to market their products effectively, there will need to be country-specific targeting of movies. This has already been discussed in the forum previously, but for example in India it would make sense to offer lots of bollywood movies - whereas a lot of other countries would detest these movies.
Why detest? I watched some, and, for example, I liked the film Naan Kadavul, director Bala.