First markets for CryptoFlix Indentified

We are pleased to announce that we have decided upon the location of our first regional HQ as well as the first 12 markets to approach.

We have chosen Singapore as our first regional HQ for CryptoFlix and we are currently in talks with local authorities to secure a soft landing.

We have also chosen 12 markets in Asia, which will be the primary markets for CryptoFlix. These markets have some common denominators:

Local films are in high demand

There is a need for a trustworthy platform for foreign films

There is a large population of un- or underbanked

There is a high percentage of internet subscriptions and smart devices per capita

We especially see a huge potential in India and we will introduce CryptoFlix in India as the first or one of the first markets.

The total population of these 12 markets is close to 2.4 billion people:

India 1.354.051.854

Indonesia 266.794.980

Phillippines 106.512.074

Pakistan 200.813.818

Bangladesh 166.368.149

Malaysia 32.042.458

Thailand 69.183.173

Vietnam 96.491.146

Sri Lanka 20.950.041

Cambodia 16.245.729

Laos 6.961.210

Myanmar 53.855.735

Total 2.374.026.638

Local content

As local content has such a strong presence in the markets we have chosen, we are already in talks with local paid content providers and we already have confirmed interest in some markets including Indonesia (Thirteen Entertainment).

How will CryptoFlix reach the un- or underbanked?

There are other ICO’s claiming to aim for the unbanked population of the world as customers and users. CryptoFlix are among the first to actually present a solution for getting the tokens out to the users in the underdeveloped countries.

CryptoFlix has entered into a global strategic supply partnership with DZ Cards, a giftcard supplier based in Thailand. The giftcards, which will be denominated in local currency will be sold via retail outlets throughout the markets and the balance of the giftcard, once uploaded on the user account, will be exchanged into FLIX tokens before payment on the CryptoFlix Platform.

We are also working on local distribution partnerships as well as a payment by smartphone plugin.

Timeline

The setup of the regional HQ and the local representatives needed will be done after the ICO has ended.

Thank you once again for your support. You can download our White Paper on our webpage www.cryptoflix.io, where you can also sign up for the early bonus announcement.

The ICO starts on May 15th. Stay tuned!