Power to the People: How Viewly is revolutionizing the online video industry for the benefit of content creatorsHello Bitcointalk community,
A new blog post is up
Read the entire article and follow us on our new Medium blog channel: http://bit.ly/ViewlyPowerToThePeopleHere are some highligths :
Despite an estimated annual revenue of close to $800 million, only the top 10% of YouTube creators see any significant profit. These channels are typically backed by corporate interests or major advertisers, putting them at a meaningful advantage ahead of the vast majority of content creators, who do not have time to invest.
A Brand Based on Quality Content, Not AlgorithmsBuilding on the philosophy of a patronage business model, View.ly is the first online video platform to use a decentralized content delivery network (CDN) that will allow high quality creators with a small, medium, or large following to build an audience based on the quality of their work rather than wait for YouTube to use arbitrary algorithms regarding view, watch‐time, and likes to put their videos in front of potential subscribers.
Transparency, Immutability, Security, and CommunityBy using the blockchain and decentralizing network operations, as well as using a token system that is built on the blockchain, there is far less of a risk for security breaches as well as misappropriation of fans’ donations. Since there is no centralized body holding and managing payments, fans can be sure that their tokens are going directly to the creators and vice versa.
The blockchain application also serves as a reward, synchronization and enforcement layer for the peer‐to‐peer hosting.
Thank you for following us!
A new announcement will be coming after 24 hours.