If it is winter, it is also summer in the opposite hemisphere. Christmas comes in the middle of our South American summer, and the uncle who dares to dress up like the northern Santa will probably have a really bad — and sweaty — time.

Yes, we are all facing the coldness of Crypto Winter. But those of us who are BUIDLING can slightly spot a warm light at the end of the tunnel. We understand that not everything is about the price of ETH, we believe in the technology. And we see an opportunity.

We have made the most of an incredible first half of 2018, covering our expenses with a ETH that raised 3x its value since our ICO. And having exchanged some ETH for USD and for some tokens in which we could build synergies with, we are closing 2018 with more ETH than those raised during the ICO.

It is true that the price of Crypto collapsed in the last months, but the Flixxo team is mostly an Argentinian team, and we have faced several recent collapses in the economy. We are used to crisis, we have learnt how to survive them. In fact, the price of the Argentinian currency — the Peso — crashed against USD this year, moving from 18 to about 40 Pesos per Dollar in a matter of months. Opportunity. Even though the crypto market has crashed, we can make the most out of our resources because all our salaries are in Pesos.

And while other Crypto based companies are making their teams smaller, we are hiring new developers. Momentum for a new VOD platform is right now, everything is about timing, so we decided to push the development in order to deliver faster. So we have built an entire new team for the mobile version, and three developers and a designer were hired specifically for this task. POCs where already sent to both Android and iOS stores.

Crypto Winter, VOD Summer

2019 and 2020 will witness a thriving ecosystem of video platforms — known as OTT for Over The Top or VOD for Video On Demand — . Disney, Warner, DC… You name it. All the players in the industry are ready to take part in the battle of the direct-to-consumer video platforms — a battle that has already been won by Netflix. Giants playing against giants with the same unsustainable formula: spending billions producing original content, building a super expensive content delivery infrastructure and begging to catch a decent number of subscribers. Flixxo brings a unique approach to the problems of scalability of these models (learn more on our post It Is All About Scaling) and we need to hurry. Opportunity. Other companies are looking to build something around Web Series, and we want to pioneer both on the content and in the business and technology model. We know we have found the right content for proving ourselves, for testing the whole model in front of an industry that is eager for disruption.