Other cryptos just hold, but cryptoflix will be the most traded and transacted coin if people starts watching movie everyday. More transaction more utility
will cryptoflix have own chain ? i don't want spend $1 gas on every transaction
No no no way, you don't have to spend $1 to transact erc20 tokens, but you know what? FLIX is an erc223 token, which is even way cheaper to transact because it use one function (transfer) instead of two (approve and transferFrom, that's the case of erc20. I copy paste from Dexaran page on github:
- ERC223 transfer to contract consumes 2 times less gas than ERC20 approve and transferFrom at receiver contract.
- Allows to deposit tokens intor contract with a single transaction. Prevents extra blockchain bloating.
- Makes token transactions similar to Ether transactions.
Oh yes, you're right! I totally forgot that Flix is an ERC223 token. The advantages over ER20 token you mention are also described in their whitepaper.