Quote from: beeelzebub on April 20, 2018, 10:16:51 AM

Quote from: CRYPTOFLIX on April 20, 2018, 09:34:56 AM

Hey everybody,

Once again thanks for your continued support. I have been following your discussions with great interest.

A few remarks:

1. The team is still the same as it was- We have added a few new faces since we started, but the core team is the same and will remain this way.

2. About a second token - We are only doing ONE public token - the FLIX token, which will be used as payment on the CryptoFlix Platform and which can also be used to invest in films on the CryptoFlix Film Market Place.

The way that we see the investment on the Film Market Place, is that the FLIX tokens are vested as a security for the investment and we will then issue an INTERNAL USD pegged token for each project. This is because filmmakers need FIAT to pay for the production and they will likely not take on a further risk of having to pay the term sheet yield in FLIX because of the volatility.

So when the investment recoups the income, the FLIX tokens will be released gradually and at the end there will be a USD pegged yield as projected in the term sheet. Meanwhile the FLIX token holder keeps all his FLIX tokens which will be released 100% when the investment is recouped.

I hope this helps. Keep up your support for the project - not long until the ICO now.

Best and have a great weekend guys,

Christian

Thanks Christian. Once more you make things clear.

I really love how active the team in this Project.

I appreciate such clarifications from the team and their efforts to clarify certain community queries. Good job guys!