Token Holders ($FLIX)

OmniFlix enables creators of any type of content - text, images, audio and video to create, manage, distribute and monetize their media assets and community interactions.

1) Token Economics of $FLIX

Tokenomics of the FLIX token are now published on our Mirror blog. You can find the article .

2) Token Utility of $FLIX

Activities that will be possible with the FLIX fungible token after launch are:

Voting Power Delegation - FLIX can be used to secure the OmniFlix Hub via delegation of voting power to validators (or simply called staking)
1. Voting Power Re-delegation - Staked FLIX can be re-delegated from validator to another validator
2. Voting Power Un-delegation - Staked FLIX can be un-delegated from the validator staked to. Unstaked for integration.
Governance Participation - Staked FLIX can be used to vote on on-chain proposals that represent community decisions.
Marketplace module Commission - FLIX Stakers will receive part of the protocol fees not only in FLIX but also in other tokens on the marketplace.
1. There is also a proposition to swap all other tokens for FLIX and distributed to stakers instead of dust from multiple tokens.

What are we exploring?

Tokenization - Use of FLIX for creation of collections and minting of NFTs. 50% of the fee will be sent to the community pool and 50% will be sent to the stakers of FLIX. Currently, no fees is being charged by the protocol for creation of collections and for minting of NFTs.
Media Storage - Use of FLIX for storing media assets (minted & non-minted assets). Along with the media node host receiving their fee for redundant storage, a part of it will be dedicated towards the community. 50% of the share received by the community will be sent to the community pool and the rest 50% will be sent to the delegators of FLIX.
Media Delivery - Use of FLIX for delivering media assets across apps and platforms. Along with the media node host receiving their fee for delivery, a part of it will be dedicated towards the community. 50% of the share received by the community will be sent to the community pool and the rest 50% will be sent to the delegators of FLIX.

3) Value Accrual of $FLIX

Fees are earned when collections and NFTs within are minted, managed and utilized for various reasons
Fees from marketplace transactions - fixed price or auctions
Fees from NFT Pools
1. NFTs being purchased from pools
2. NFTs being licensed from pools

What are we exploring?

Shared Security for community-specific or content-specific app chains tailor made for media creation, management, distribution and monetization
Social coordination and sovereign infrastructure for on-chain markets i.e. sudoswap-style pools that adhere to royalties, licensing-pools for content discovery/distribution and more.
Interchain NFTs for access to multiple blockchains and vice-versa
Explore positioning as the interchain router for NFTs transfers across chains

Connect with us

Interested to implement OmniFlix's NFT & community infrastructure for your film3 movie, studio or your community? Want to create the next-gen media studio on the blockchain?

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Last updated 2 years ago

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2) Token Utility of $FLIX

Activities that will be possible with the FLIX fungible token after launch are:

Voting Power Delegation - FLIX can be used to secure the OmniFlix Hub via delegation of voting power to validators (or simply called staking)

Voting Power Re-delegation - Staked FLIX can be re-delegated from validator to another validator
Voting Power Un-delegation - Staked FLIX can be un-delegated from the validator staked to. Unstaked for integration.

Governance Participation - Staked FLIX can be used to vote on on-chain proposals that represent community decisions.

Marketplace module Commission - FLIX Stakers will receive part of the protocol fees not only in FLIX but also in other tokens on the marketplace.

There is also a proposition to swap all other tokens for FLIX and distributed to stakers instead of dust from multiple tokens.

What are we exploring?

Tokenization - Use of FLIX for creation of collections and minting of NFTs. 50% of the fee will be sent to the community pool and 50% will be sent to the stakers of FLIX. Currently, no fees is being charged by the protocol for creation of collections and for minting of NFTs.

Media Storage - Use of FLIX for storing media assets (minted & non-minted assets). Along with the media node host receiving their fee for redundant storage, a part of it will be dedicated towards the community. 50% of the share received by the community will be sent to the community pool and the rest 50% will be sent to the delegators of FLIX.

Media Delivery - Use of FLIX for delivering media assets across apps and platforms. Along with the media node host receiving their fee for delivery, a part of it will be dedicated towards the community. 50% of the share received by the community will be sent to the community pool and the rest 50% will be sent to the delegators of FLIX.

3) Value Accrual of $FLIX

Fees are earned when collections and NFTs within are minted, managed and utilized for various reasons

Fees from marketplace transactions - fixed price or auctions

Fees from NFT Pools

NFTs being purchased from pools
NFTs being licensed from pools

What are we exploring?

Shared Security for community-specific or content-specific app chains tailor made for media creation, management, distribution and monetization

Social coordination and sovereign infrastructure for on-chain markets i.e. sudoswap-style pools that adhere to royalties, licensing-pools for content discovery/distribution and more.

Interchain NFTs for access to multiple blockchains and vice-versa

Explore positioning as the interchain router for NFTs transfers across chains