You are welcome to your opinion and your own take on current events. We encourage all potential investors to do their research before making any decisions regarding our project.
We believe in the freedom of information and that traditional media has done the public a disservice in refusing to update their business model and evolve to reflect changing technology. Services such as Netflix and Hulu are a great step forward but are absolutely unusable in many areas of the world due to ridiculous licensing issues. Compare the selection of netflix inside the US to other areas of the world and the differences are astounding. This is before even taking into account the different economic conditions between countries.
Our site and our business model does not break any copyright laws in our country and while certain areas of the world may choose to argue that point, we are not hosting anything which is copyright but rather links that allow users to retrieve information on the content they are looking for. We have the ability to address the 2 biggest issues with traditional torrent sites. Number one, it simplifies the process requiring no third party software, extensions or custom browser addons. Number two, you do not have to dig through dozens or hundreds of results to find what you are looking for or require any special knowledge to ensure you are not exposed to malicious content. We also solve the biggest issue with traditional streaming sites in that content linked from our website is decentralized and has no single point of failure.
Whatever the legal status of torrents in your area and whatever your moral stance on copyright law and traditional media is, it is undeniable that what our project looks to provide holds not only promise, but monetary value for investors. I would strongly encourage testing our second demo site as it goes live this weekend and doing research on similar services. Anyone who regularly uses stream or torrent sites will be able to see at a glance the power of what we are doing with this project.
I dont know why your attacking me!
I took a look a look at this project and I'll share a few concerns.
I couldn't find a white paper, so that is a red flag for me. I see a lot of content out there now encoded with H.265 / MPEG-4 HEVC codec. No browser yet supports it, so that is at least an unknown.
The test site does look interesting in its ease of use. Unless you make acquiring vids currency equally easy, I don't think you'll see much uptake from non-technical users.
This reminds me of another project with similar goals: Popcorn Time. It was a really nice program and free to use, but was abandoned by original devs because of pressure from the MPAA.
Regardless of ideology, the legality of Purevids and other bittorrent clients/trackers/linkers will always be in question and under attack by industry and law enforcement agencies. It seems the Purevids solution is to propagate the centralized data over many sites where legality is questionable, a la the Pirate Bay. They will likely experience the same court challenges and ISP blocking, if not actions against the people and organization itself, continuous frustrations for users. I don't think this is a sustainable model or very attractive to investors. Also, limiting it to streaming vids and not other content seems odd and a missed opportunity.
Regardless, I wish them luck but won't be investing.
Again to reiterate a "competing" project that only offers video streaming as a service is not a competitor to vTorrent.
vTorrent (as I'm sure most people are aware) aims to work with the preexisting BitTorrent ecosystem--it isn't reinventing the wheel. It also isn't limited to video or audio--it could be linux distributables, word documents, PDF files, software, ultra HD video, archival files, historical arcade ROMs and such. So long as its a file that can be accessed by a computer, then it can be shared via BitTorrent.
For instance, The Internet Archive offers over 1 million torrents which provide P2P access to historical files. Providing some form of incentive for users to share these files would be absolutely revolutionary.
A service which only caters to streaming isn't at all similar to BitTorrent (or by extension vTorrent).
In my personal opinion, this is very much an apple and oranges comparison. I mean feel free to keep up the comparisons--but vTorrent vs some streaming crypto project is a ridiculous comparison.
