On Chainflixs patented mining-embedded video player, users can mine Chainflix tokens simply by watching videos. No special plugins or hardware are required for users to participate in the platform’s profit-sharing.

The key innovation of the Chainflix platform is its AI-based distributed storage system. Rather than relying on centralized CDNs (Content Delivery Networks), Chainflix allows any individual to contribute their storage to a distributed storage pool. An AI controller automatically distributes files across different storages within the pool based on file size and video traffic.

From the users perspective, videos are streamed independently from a single storage location, not from a centralized CDN. Storage providers earn mining rewards when their storage is selected for real-time streaming. By virtually enabling any participant to contribute their spare storage space, Chainflix significantly reduces operational costs while rewarding users for contributing to the Chainflix ecosystem. Chainflix boasts 1,750 distributed storage spaces from over 10 different countries and has users from 112 countries. Having been in development for four and a half years, Chainflix is currently running a beta version. The platform will add live streaming functionality, and video commerce users will be able to donate, purchase items, and participate in decentralized governance using CFXT tokens in the future.

The current price of CFXT is $0.0010732, with a 24-hour trading volume that is not currently available. There has been no change in CFXT in the past 24 hours. Its market cap is not currently available. It has a circulating supply of 31.8704 million CFXT and a total supply of 502.027 million CFXT.