What is FIBYY
FIBYY is a donation/investment platform, production company and web series streaming service all in one.
- FREE for everyone
- No registration required to stream content
- Compatible with all platforms
We wanted to create a platform that would give people the chance not only to create and share original content, but also to financially support projects they’re passionate about. The platform is based on streaming, which operates on P2P BitTorrent protocol. Through sustainable commercial revenue, we’re able to keep running costs to a minimum and, most importantly, make it FREE.
Find out more on http://fibyy.com
How it works
Pitch your idea
FIBYY provides a platform that allows the user to request content. Anyone can do this by pitching an idea for a project. You get to decide the rating, format, episode length and more. Once you set the parameters for your pitch, all you have to do is wait for a certain amount of votes before your pitch can be turned into a campaign.
Each genre requires a different amount of votes. For instance, an animated show will need fewer votes than a live action project.
FIBYY is as much a platform for creatives to get their work up and running as it is for ordinary people who are passionate about something they want made a reality. The great thing is you can pitch any idea, no matter how far out! Turn your favorite novel into a mini-series. Adapt a folk story from your home country and share it with the world. Remake a flop TV show. Create your own music documentary. The only limit is your imagination.
When an idea gets enough votes, it becomes a campaign. This is where we step in. We take care of the pre-production, contact the rights owners, assemble the talent, and put together a budget for that all-important first season. In short, we do everything that needs doing. After that, you can start donating money to invest in your new campaign.
Every action taken during a campaign can be tracked from the very beginning. You can read drafts of scripts, watch audition clips and give feedback on each stage of the process. As a producer, FIBYY will take care of the entire process – hire writers, recruit the cast and crew, hold auditions and handle all logistics.
The more you donate, the more influential your input will be on key production decisions such as casting and storylines, etc. You can also reduce ad time or remove ads completely depending on how much you donate.
Of course, by investing in the campaign you’ll also be rewarded with a share of the revenue in the event your show makes a profit.
As an investor, you’ll naturally want to know exactly what’s happening to your money and where it’s going. The FIBYY platform operates off distributed ledger technology, which uses a Directed Acyclic Graph (DAG). This means all financial transactions are securely stored and available for everyone to view – anywhere, anytime. We’re no crypto-currency scam either. Our distributed ledger can’t be manipulated. It can only be used to track the movement of money within the FIBYY platform, providing full financial transparency to the public every step of the way.
The cornerstone of the FIBYY platform is streaming. But we’re not just any streaming service. Our model is based on open access. No sign-ups needed. FIBYY runs on P2P BitTorrent protocol, meaning everyone can watch content on the platform. In contrast to pitching an idea or investing in a campaign, streaming on the platform requires NO registration.
But if you do decide to become a registered member, you get access to extra features such as history searches, recommendations, and the option to restrict ad time on content you support.
Why do we need money?
To function properly, the FIBYY model needs a certain amount of investment to cover production and logistics, but mainly legal consultancy fees. Streaming audiovisual content across the globe can be a legal minefield. That’s why we need capital to solicit the correct legal advice for each project.
What do I get out of it?
FIBYY is the ultimate democratic platform. Your voice gets heard. You can vote on basically anything: ideas for a project, what content gets turned into a campaign, your ideal cast, format, genre.
But as a reward for your loyalty and for supporting FIBYY as a FREE service, we came up with the idea of badges. You can choose from 9 badges that increase in value – from bronze to rhodium – each named after a precious metal. Each badge is a virtual entity linked to your FIBYY account, not a physical object.
The more badges, the greater influence you’ll have over the projects you’re passionate about. Combine all badges for maximum effect. For instance, once you have all the badges, your influence will increase by a massive 1000%.
With each badge comes added benefits. So what do you get?
- Osmium – FIBYY stickers & branded FIBYY mug
- Iridium – FIBYY “The Beginning” t-shirt
- Ruthenium – All branded FIBYY merchandise & skip/close ads across all content
- Gold – All branded FIBYY merchandise & NO ADS on the platform ever again!
- Platinum – All branded FIBYY merchandise & exclusive on-set access during filming.
- Rhodium – All branded FIBYY merchandise & your name listed at the start credits to all content
The main challenge isn’t so much technology. The real test will be to navigate the complex web of audiovisual content rights and laws, while gathering enough like-minded people to create and invest in projects they’re passionate about.
We’re going to start out small to aim big. We want your short animation films, webisodes, personal documentaries, etc. To drive demand we need to get as much content up on the platform as we can. It’s all about moving upwards and onwards to provide better and better content. But to achieve great things, we need your ideas. Lots of them!
Our Bucket list
1) Get this initial funding
2) Streaming platform up and running during 2020
3) Fill it with initial content: indie movies, web series, and regional content
4) Get more funding from the streaming platform and attract community
5) Investment platform up and running
6) Change the industry forever
How can you help?
Spread the word. FIBYY is based on strength in numbers. For the platform to be as successful as it can be, we need to reach out to as many people as possible. Tell your friends, family, colleagues, neighbors, everyone! Share the FIBYY love on Instagram, Twitter, Snapchat, Facebook, Youtube. You know the drill. It’s the only way we can keep our streaming platform FREE.