it will be possible to use the CRYPTOFLIX platform without an Apple device and without a credit card, that sounds great.
I think the real strength lies in crowdfunding movie projects coming out of underdeveloped countries. They don't need billions to make an interesting movie. And a lot of the content can be empowering for people in underdeveloped countries like blockchain education.
This is really good idea. Without multi million actors and pointless CGI they can finance very good projects
I think the best feature of cryptoflix is funding movie projects, so that talented young directors can access to funding to shoot their films. I have an question also, do they share a profit with directors(or directors share with cryptoflix) which cryptoflix funded? is there any profit share structure?
As far as i know, if you choose to back a movie, if they have a success you are getting some profit or loss. But i am not sure how will it be like.
According to the whitepaper, every film project will have a certain risk score and based on the score users can decide if they wanna invest in this movies or not. This risk score should take into consideration many different aspects, like genre, cast, etc.
It's good to have arisk score for the projects. That way the investors can be aware of the risk involved in investing in each project.