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Bitflix (BTFLX)

Past
Total Raise: $2,456,000
Date: TBA - 03 Nov 2022

Positioned as a groundbreaking platform in the world of Hollywood movie NFTs, Bitflix offers users the unique opportunity to collect movie NFTs, directly engage with their cherished celebrities, and even extend their voting influence on the selection of upcoming films.

The process of acquiring non-fungible collectibles is integrated with Bitflix's native token – $BTFLX.

The company's vision is clear: to transform into the Netflix of the blockchain and crypto ecosystem, revolutionizing the movie industry by ensuring active participation from both movie enthusiasts and the crypto community.

Eventually, the project failed…

❗️ ❗️ ❗ IMPORTANT:

Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 80+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

Bitflix Overview

Ticker: BTFLX
Country: United States
Industry: NFT
Founded: 2021
Whitelist: Yes
Blockchain Network: Polygon
KYC: Yes
Bounty: n/a
MVP: No
Type: IDO
Security Audit: No

Bitflix Review

With over 800 million crypto users worldwide, Bitflix was often hailed as the "Netflix of NFTs." This revolutionary Hollywood movie NFT platform empowered users to collect movie NFTs, engage with celebrities, and even cast their votes for the movies they'd like to see. The acquisition of these collectibles was facilitated through Bitflix's utility token – $BTFLX.

Established in 2021, Bitflix had a clear vision of becoming the Netflix equivalent in the blockchain and crypto sphere. The company’s mission was to decentralize the movie industry by ensuring active involvement from the movie audience and monetization of filmmakers.

Bitflix had been revealing a wide array of NFT categories, spanning star, movie, music, activist, and trophy non-fungible tokens. Those who purchase any of the NFTs mentioned above were granted the power to participate in casting decisions, receive executive producer film credits, and gain access to celebrities through live-streaming AMA sessions during the film production process.

What set Bitflix apart was its commitment to financing both movie production and the creation of additional NFT content, funded through the sale of project-related NFTs. This approach was set to reshape the landscape of the entertainment industry and empower enthusiasts to actively participate in shaping the future of cinema.

Schwarzenegger's youngest son, Joseph Baena, was making his first debut in the world of theater with the movie "Lava," in partnership with Tiger Miller, a film producer and the founder of Bitflix.

Also, Hassan “HATU” Sheikh, Co-founder of DaoMaker, was a marketing advisor of the project. It would guarantee Bitflix 100% incubation and launch on DaoMaker, one of the best crypto launchpads.
 

As we conclude this project review, it's evident that the project in question may have encountered significant challenges and could be facing potential issues. The indicators of its possible failure are quite noticeable: 

  • the project's website remains inactive, 
  • and there's no activity on its social media channels. 
  • Additionally, the MVP does not open.

These observations highlight the project's current status.

Bitflix Token Economy

Total Raise: $2,456,000
Total Supply: 400,000,000
Private/Pre-sale: 72,000,000 (18%)
Public Sale: 8,000,000 (2%)
Fully Diluted Valuation (FDV): $10,000,000
Initial Circulation Supply: (0% of FDV)

Bitflix Token Sale (ICO & IDO) Rounds

Strategic: TBA Past

Price: $0.025
Tokens for sale: 40,000,000
Raise: $1,000,000
Lock-Up: N/A
Private: TBA Past

Price: $0.038
Tokens for sale: 12,000,000
Raise: $456,000
Lock-Up: N/A
Seed: TBA Past

Price: $0.025
Tokens for sale: 20,000,000
Raise: $500,000
Lock-Up: N/A
IDO: Nov 2022 Past

Price: $0.025
Tokens for sale: 8,000,000
Raise: $200,000
Lock-Up: N/A
Launchpad: Infinity Pad Logo Infinity Pad

Bitflix Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing

Bitflix Team

Tiger Miller
Tiger Miller
Founder & CEO
Hassan “Hatu” Sheikh
Hassan “Hatu” Sheikh
Marketing Advisor
Kyle Gu
CTO
Kate Ianishevska
Kate Ianishevska
CMO

Bitflix News

Bitflix Roadmap

Q1 2022
  • Marketing and film production of LAVA IMO
  • Team recruitment and private fundraising
  • Launch of native governance $BTFX Tokens
  • Start NFT Clock Auctions
  • Bitflix token airdrop to early supporter
Q2 2022
  • Deployment of Bitflix v2 infrastructure
  • Roll-out of additional tools
  • Exclusive NFT drops
Q3 2022
  • Online streaming of LAVA IMO
  • Release to 100 Million people

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