FLIX
FLIX is used to incentivize participation in the network, such as creating content, curating NFTs, and providing liquidity.
Tags:CryptocurrenciesCoin ETH tokenOmniFlix Network is a decentralized platform designed to empower creators and communities by offering a suite of tools and services for the creation, management, distribution, and monetization of media content and non-fungible tokens (NFTs).
Key Features:
Decentralized platform: Offers creators full control over their content and assets.
NFT creation and management: Provides tools for minting, managing, and distributing NFTs.
Media content distribution: Enables creators to distribute their media content directly to their audience.
Monetization: Offers various monetization options for creators, including NFT sales, subscriptions, and tipping.
Interoperability: Aims to be interoperable with different blockchains and ecosystems.
FLIX Token:
Utility token: Powers the OmniFlix Network ecosystem.
Governance: FLIX holders can participate in the platform’s governance.
Staking: Users can stake FLIX to earn rewards and support the network.
Ecosystem incentives: FLIX is used to incentivize participation in the network, such as creating content, curating NFTs, and providing liquidity.
Use Cases:
Creators: Can use OmniFlix to mint and sell NFTs, distribute media content, and build their own communities.
Collectors: Can discover and purchase unique NFTs and digital assets.
Developers: Can build applications and services on top of the OmniFlix platform.
In essence, OmniFlix Network aims to create a decentralized ecosystem where creators have full control over their content and can monetize their work directly with their audience.
FLIX | |
Max. supply: | 1,000,000,000 FLIX |
Contracts: Osmosis | ibc/CEE970BB3D26F4B907097B6B660489F13F3B0DA765B83CC7D9A0BC0CE220FA6F |
X: | @OmniFlixNetwork |
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For those unfamiliar with the story of Rune Number 1, a clever developer managed to etch the first publicly available Rune. They named it ZZZZZ.FEHU.ZZZZZ and pre-mined 99% of the supply (110 million tokens), leaving the remaining 1% (1,111,111 tokens) to be minted at a rate of one per transaction.
Users deposit funds: Traders deposit cryptocurrencies into the protocol as collateral. Open positions: Users can open long or short positions on various assets with up to 10x leverage. Trade execution: Trades are executed through the vAMM, which matches buyers and sellers. Liquidation: If a trader's position experiences significant losses, their position can be liquidated to protect the protocol.