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It’s getting harder and harder for small video content producers to monetize their passion with the recent announcement by a major video sharing corporation that it will be slashing the revenue of content producers. The announcement would have left many a content producer in the cold with no other way of turning their creativity into anything rewarding if not for Viuly’s foresight in creating a truly open and fair platform for visual content creators.
Viuly decentralized video sharing platform is creating a fair and liberated platform for all video content creators regardless of location or status. The blockchain-based platform also addresses one of the biggest challenges facing the multi-billion dollar, online video sharing economy; intermediaries. The heavy mediation of content and the exorbitant fees required to keep the link greased is the reason why most creators have not only been paid less, over the years, but also why majority of them are being dropped now. In a bid to comply with ad agencies and their one-sided guidelines, small video content creators are being dropped off to arrest the recent wave of offensive content appearing on these centralized platforms.
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While the effort to curate content remains a laudable venture, the indiscriminate banning of both the guilty and the innocent based on opaque criteria that cannot be properly measured or audited could be seen as being tantamount to a violation of one’s freedom of expression. It also showcases not just how far-reaching the powers of these centralized authorities are – without regard for the livelihood or talent of creators, but also the lack of proper infrastructure for fair and equal distribution of rewards. The change has significantly raised the entry requirements for content creators, demonetizing their efforts and marooning entire communities of independent video makers.
A Fair and Distributed Video Content Sharing Community
Viuly’s elimination of intermediaries and their exorbitant commissions, will ensure the fair distribution of revenue generated on the platform. Currently in alpha state, Viuly is being heralded as a revolution of the content sharing industry with percentages of revenue going to income far exceeding that given by the current industry monopolies.
Video content creators collectively share equal benefits on the ecosystem through the platform’s native VIU tokens from any view on their uploaded content with no restrictive entry requirements. VIU tokens is the native currency of exchange on the platform and can be used by advertisers for purchasing advertisement packages, earned as rewards for viewing videos, or generating views.
Viuly curates content on its decentralized system through innovative protocols, ensuring that content moderation is a community-based effort adhering to a common standard of community ethics.
Viuly’s mission is to disrupt the multi-billion dollar industry of online video-sharing with its blockchain-based solution. Through decentralization and transparency, it aims to create a fair and open video network operating on an equitable model of revenue sharing. VIU tokens are the native currency powering the Viuly video platform. They are used to transfer value between advertisers, content creators and users.
Viuly will be a full-fledged platform for users and content creators to share and watch videos, while immediately earning rewards for their interactions. This revolutionary ecosystem will enable a fair, unrestricted environment to share, watch, and upload any content.
Viuly’s revolutionary blockchain solution has already led to a firm backing of EUR 150,000 from blockchain investing firm Krypton Capital. Together with Krypton Capital’s “smart money” philosophy, Viuly aims to establish strong ecosystems of related companies to grow values and revenues together.
Most recent Viuly platform statistics
Registered Users: 450 000
Total Channels: 30 000
Videos: 90 000
Unique Daily Visitors: 120 000
Learn more on Viuly’s website: https://viuly.com
Check out the Viuly Alpha video platform at: https://viuly.io
Trade VIU with BTC at: https://bit-z.com
Trade VIU on OKEx Exchange: https://www.okex.com/
Trade VIU with ETH at: https://etherdelta.com/#VIU-ETH
Read the Viuly Whitepaper: https://viuly.com/Viuly_Whitepaper.pdf
Chat with Viuly on Telegram: https://t.me/viulyofficial
Find Viuly on Facebook: https://www.facebook.com/viuly/
Follow Viuly on Twitter: https://twitter.com/ViulyOfficial
Join Viuly on bitcointalk: https://bitcointalk.org/index.php?topic=2353646
Catch up with Viuly on Medium: https://medium.com/@Viuly
Follow Viuly’s progress on Coinmarketcap: https://coinmarketcap.com/currencies/viuly/