Topic: 🎥 PureVidz.net: Decentralized Streaming WebTorrents 🎥 VIDZ - Trading Now 🎥 - page 341. (Read 323701 times)

No need to rub it in. I missed the post It happens. At least now I have the answer I hope to see the demo when I wake up in the morning.
good night

 LARGE BACKING AND YOU DON'T WANT ME TO INVEST? So people know staff member location and names etc? I am fairly new to crypto so thanks for the heads up but how do I know you're not him? I will try and check them out. Would anyone be interested in doing it for me and I'll pay you well?


You look like a trustworthy guy, how about it?

If you really need to ask that then don't invest. One is a staff member on the forum and the other is a long time running escrow. They check out to every extent.

Are these escrows trustworthy, I mean what real life ID do we have on these guys? Who is to say they are not the same person? If we can find out more on their experience etc and IPs I will be making a fairly large investment. Get the info PureVidz and I'm in.

Ok that sounds real cool. Almost like a progressive jackpot in a funny sort of way. I think with so many coins in the dev fund you should consider offering at least 5-10% of the dev fund for those specific bounty's 

My reply to someone asking about how youtubes makes it's money.



Found it to be relevant again now so enjoy.

But youtube does it the wrong way. They dont pay people to post videos, people only get paid if the video is watched 100 million times. That right there is a big fail point. Only popular celebrities make money on youtube, not even youtube them selfs.

Dont you feel like an idiot now.

We will not be hosting any of the videos or materials in any way therefor our costs will the tiniest fraction of traditional streaming services. When using the site you are loading a torrent file through your browser and sharing it peer2peer with other users as well as with those accessing the torrent through traditional torrenting sites. The goal of our website is to merge the functionality and convenience of streaming services like youtube, netflix, hulu and others while offering all of the power and reliability of torrents.

I've covered extensively in my posts our planned methods of monetization and marketing. You can expect a much more finely detailed whitepaper in the coming days as well as a demo version of the site demonstrating the technology itself. Within a week of that we will launch the second demo site which will allow early users to start populating it with content and a preview of many of the sites features. We will of course welcome feedback on our whitepapers and demo sites as they are posted so that we can fine tune things to their maximum potential.

We look forward to you trying our services as the demo sites are launched.

Video streaming site, there is no detailed go to market strategy, alot of people have tried to go into this market and yet not successful even I read sometimes that Youtube has never made Google any money so far

We are doing our final testing of beta 1 this afternoon. Assuming there are no critical issues it will be online for testing this evening. At the very latest it should be online tomorrow.

Beta 2 is planned for ~ 1 week later as it will let us track user reports and make adjustments to the site before allowing users to flood it with custom content.

I don't even see a beta 1 and you're talking about beta 2.  When will beta one be out for public use.

The dev fund will trigger global site bounties when it crosses thresholds. The amount required to trigger the next one will be publicly posted following the end of the previous global bounty. The first global bounty will run starting with the release of Beta 2 of the site and will consist of 1kk coins. Following the ICO we will look at how much is left in the dev fund and publicly post how much it needs to reach and how much the next global bounty will consist of. That process will repeat each time the previous global bounty ends.

It will also be used for various viral marketing campaigns such as rewarding those who print out a flyer for the website and post it at their local campus or community center, our current twitter campaign and any future promotions where users are rewarded tokens for participating in the site and its advertisements.



There's simply no reason for someone already submitting to other torrent sites to not also do so for purevidz as they are already doing so but now get rewarded for including us in the list of sites their torrents are posted on. The submitted torrents being available across dozens of other sites ensures that our sites initial content is spread out across many users for redundancy and availability. Once the site reaches critical mass of contributors and viewers that will be less important but at launch it will be critical.

So I assume without knowing the price of the coin yet we cant be sure how much the payday may be. I'll keep watching and base my decission on how many btc you collect and the average price of the coin closer to the end of your ico. Thank you for taking the time to reply.

One more question though. The vidz that go to the development fund when a bounty is placed and claimed.What will those vidz be used for?

There is no way to give specific amounts because bounties are granted in 3 different ways. If you managed to upload the newest greatest movie or show before everyone else and it was highly demanded by users then the payout would be rather large. If you were submitting a bunch of old shows you had laying around on your computer you would obviously be receiving less (or nothing).

In regards to seeding, the nature of the site means tracking individual user seed amounts will not be feasible. The review process ensures that submitted content already has seeds added (you cant submit then immediately stop seeding). We will be offering traditional RSS feeds of newly submitted content so partnered sites can automatically populate content to provide additional redundancy. We will likely be offering free VIP and Moderator status to those willing to run seedboxes to help with this (as reviewing submissions does earn those users a small amount of tokens it helps pay the cost of their seedbox). This is all part of our on boarding program to bring in members of existing torrent communities. The more sites the torrents are available on and the more distributed they are in regards to seeds the better the site will function so we strongly encourage users to submit their torrents across MANY sites, not only ours.

Open Bounties

During open bounties, the site assigns either a time period during with a fixed supply of coins is split among total submitted content OR it assigns a specific coin value to every new submission. During Beta 2 we will be assigning 1KK VIDZ from the dev fund and those will be distributed among total submissions (20,000 items added means each item gets a bounty of 50 VIDZ). Open bounties will be run from the dev fund every time it goes beyond a certain amount to encourage participation in the site and a way of redistributing the currency within the site ecosystem. The dev fund is replenished from bounty fees and the coin buyback program.

It is worth noting that during open bounties there is a 'weight' assigned to each type of media. For example a movie will be worth 10x as many points as a episode of a TV show as most TV show uploads will consist of an entire season or series of episodes at once.

User Bounties

After the launch of the site, users will be able to use their coins to place specific bounties. For example I want the new episode of Game of thrones to be added so I place a bounty of 100 VIDZ and so do 5 other people. When someone submits an approved copy with proper tags, that's a 500 VID bounty on that item. 10% to the dev fund, 80% goes to the submitter and 10% goes to the moderator who reviewed the submission. It's worth noting that if a bounty is submitted of lower quality (EG: a cam recording of a new movie in theater) the bounty will NOT be paid in full but rather it will be split so that the bulk of the bounty will remain for a proper quality version when it becomes available. The breakdown of what quality video can claim each bounty will be a part of the technical whitepaper.

VIP Requests

Tipping and bounties are all well and good but most people don't want to have to think about how much they are assigning to a bounty. When someone purchases VIP service on the site, 50% of the coins are verifiably burned, 25% is assigned as that users 'vote weight' and 25% is added to the dev fund. A users vote weight automatically assigns a small amount of VIDZ to each request they make without the user needing to be aware of it. The math behind how these coins are assigned is a bit complicated but the system will avoid over rewarding for specific media. If the item already has a large bounty, the vote will be added to improve visibility of the request but the bounty value will increase only slightly but if it has nothing assigned it receives a much larger portion of these coins too bump the visibility of the request significantly.

Tipping

I mentioned it above so it's worth mentioning that those who are inclined to do so may tip users directly. We predict it will be more popular with users to place bounties instead but if you really like content a user is submitting to the site then feel free to send them some VIDZ

Channel Subscriptions

Not relevant during the initial launch but as the site grows, if independent content creators are interested, we are happy to provide increased functionality where users can submit their own content to private playlists. These playlists could require fees to unlock or could be treated as a semi-premium channel where new episodes are blocked from non VIP members for the first week after being added and then become available for all. This would be a fantastic way to onboard those who want to use the site as a host for their own web series or tutorial series.

How much can I expect to earn if I put up every episode of Friends the tv show for example.
Or let's say I seeded the 3 Godfathers. Do you have any numbers on how much that might earn me.
Im just trying to figure out if people can earn an extra income just from submitting their movies and tv shows.
Because if that's the case I can see this growing big and fast but if people are only making $0.10 to seed a series you may have trouble finding the people who will bring the content that will make PV better then the others.

1. Most torrent sites these days are quite resilient in how they run things. From a technology standpoint much of what we do will be similar but we have the advantage of seeing the past decade of legal battles and learning from them in our initial approach. Here's some key important factors

-Primary domain will be a portal routing to whatever server/domain is in use for the site allowing us to move it around as needed without impacting users.
-Users in countries with harsh filtering policies can use .onion domain through tor to access the services regardless of their local policies.
-The site itself will NOT host the database but rather remotely connect to one of the database servers. These will be spread across multiple servers in countries with rather lax copyright laws such as Sweden, Russia and the Netherlands.


In short we will lessen our risks by hosting absolutely NO content on the site. No database, no images, no .torrent files, nothing. It will simply be a stylized portal with heavy caching of user requests to reduce database load and improve speeds. We will reinforce our redundancy through multiple database backups spread across friendly countries and by having numerous fallback domains in the case of one or more being seized. For those more technically inclined or those living in countries with very strict internet censorship they can access the .onion domain to ensure global access to the site and its data.


2. Our site will certainly have advertisements but our guidelines for what we allow to be advertised and the placement of those ads will be of very high importance to the long term success of the site. Our primary focus will be on user centered advertisements. At the start this will mostly boil down to the following

-VPN referral links: Everyone using torrents should be using a VPN if they are in a country with strict copyright laws. Our site will contain a comprehensive overview of what the site does and does not track and how to protect themselves. These ads will be featured prominently on the site as a simple static banner (no pop up/under, no video, sound or animation). The goal of these ads and sections of the website are to ensure our users are informed and at the same time provide revenue for the site.

-Relevant physical merchandise links: This is a broad category but could be anything from purchasing boxed sets of shows you are currently watching to buying an android TV box from a partnered site. This will become more and more relevant as the site grows. One of the main goals of our API is to extend the site beyond browsers and into the livingroom. If trusted merchants are selling preconfigured android tv boxes for the site, it only makes sense for them to advertise with us to sell them.


Now, I know your question was how you know we wont change our policies but I wanted to first list what our policies and goals ARE. Obviously there is many more ways the site can (and will) be monetized but we are building this site because there is a real need for it and its the sort of site we feel should have existed for years now. Obviously if the site needs to find a way to survive we will find ways to make that happen by pivoting to a different monetization strategy to ensure that the site stays online and that investors are able to be rewarded. We very strongly feel that plastering the sites with ads would cause much more harm than good and would be a horrendous strategy for the site to monetize, even in the short term.



Most of your question has been answered in my reply to CAMOPEJB but here's a very shortened version of how the site, its contributors and its investors can expect to profit. Note: We are running the math and checking through our financial whitepaper to make sure it gets posted with hard numbers for investors to review. That will be expected when Beta 2 of the site launches.


How does the site earn

-Advertisements
-Referral services
-Merchant partners for android TV devices featuring the site
-Featured site media
-Premium membership fees

How do investors earn?

-Trading based on the value of the coin
-Coins burned through site mechanisms (equates to same earnings as a profit share)
-Buyback programs funded by a fixed percentage of all site revenue

How to contributors earn?
-Filling bounties for new content
-Participating in viral marketing campaigns
-Reviewing submitted content (must be moderator)
-Developing applications and sites using the site's API

ok so after reading a bit more about pure vidz i'm a little concerned about a few point:

1. What makes you different from any of the other torrent sites from getting shut down? Will PureVidz have their own tracker hosting torrent files? Because your project makes the SHARING of videos decentralized but you are still prone to getting shut down like other torrent trackers have.

2. The whole point of this project is to have a place to people to share videos WITHOUT all the ads and click bait most sites have. If this project brings in a lot of traffic which is possible, how do we know you won't plaster ads all over the website like every other site you're trying to differentiate from.

I have more questions but i'll leave you with these two for now.