Viewo: A Video Sharing Platform powered by Blockchain technology

in #cryptocurrency6 years ago

Videos are undoubtedly the most fascinating genre of online content today, and this trend will definitely not slow down. The experts have estimated that by 2019, video content will claim more than 80% of all web traffic. People tend to watch and share videos most of the time they are online.

viewo1.png

There are two main problems with the present state of video sharing: - Video sharing sites completely ignore the needs of today’s users. The leading video sharing websites were created a long time ago by computer programmers with not much thought about UX (user experience), UI (user interface), and the future needs of participants. The needs of these participants, which includes content curators, influencers, sharers, and viewers, have changed over the years. While they may have started out being content with simple sharing and watching, now they want more. The users want to be active participants in the video sharing ecosystem. For every action, users want to be rewarded, especially for sharing the videos of other people – which is, essentially, advertising for the curators and networks. Users also want that their videos are ranked by popularity and not by the arbitrary algorithms that only give priority to the interests of the platform advertisers before users.

  • Unfair algorithms. The present algorithms penalize fine-quality content when it doesn’t fit the demographics the video networks are currently targeting. The algorithms do not take into consideration the top influencers with larger viewerships and viral content and unfairly push their content lower in the rankings while these are the videos that viewers enjoy and wish to see.
    How can we overcome these problems stated above?
    Is there a solution?

Solution offered

Viewo is the newest approach towards the video sharing industry. It is a video sharing ecosystem in which all participants will be rewarded for their actions and contributions.
The website works as a video-sharing platform with a cryptocurrency of its own, VEO Tokens. Users within the network will be rewarded for their actions, big and small. Actions include creating and uploading videos, sharing videos, commenting on and rating videos, moderating the site, and even the simple watching of videos. It's user-centric approach to video sharing is a complete paradigm shift from the way traditional video sharing destination websites operate. For example, YouTube is managed by the Google’s Content Delivery Network (CDN), and content sharers and viewers are not credited for their actions.

Viewo will put in use unique algorithms which will prioritize videos according to the desires of the Viewo community, while at the same time will reward all the constituents in the Viewo ecosystem equally for their actions. The platform will create a network in which users will focus on completing actions within the Viewo, because actions will give rewards and in turn, rewards will attract more new users and actions. Rewards come in the form of VEO Tokens, a token that has value both in the Viewo ecosystem and outside of it. VEO Tokens can be used to gain access to private videos, join online courses, push videos up to featured positions, and shop on the site. If a participant does not wish to use the VEO Token on the site, the participant may be able to obtain liquidity for the VEO Token on an exchange

ICO information and team
The pre-sale will start on 10th November 2018 and will end on 10th December 2018. The token main crowdsale will start on 11th December 2018 and will end on 11th January 2019. The funds will be spent on development of the Viewo platform. acquiring unique high-quality content from top global influencers, building a studio for the influencers where they can film their videos, creating a custom global cloud-based CDN (content delivery network) in conjunction with P2P delivery, and sending massive targeted traffic to the Viewo destination site. The team working on the project comprises of individuals who are experts in the fields of design, marketing, finance and management.

Conclusion
Viewo, an incredible platform, is a video sharing network that operates on a blockchain-based rewards and payment system. All participants in the Viewo network are rewarded for their actions, big or small. Unlike current video sharing websites that operate on a self-serving basis, Viewo operates on a user-based approach, rewarding each individual user for actions completed and giving incentives to both viewers and content creators. Viewo is a revolution in the landscape of online video sharing. It's unique combination of a decentralized and incentivized video sharing platform has the potential to surpass YouTube as the world’s leading video sharing network.

Website - https://viewo.com/

Whitepaper - https://viewo.com/documentation/whitepaper_v1.pdf

Telegram - https://t.me/viewoToken

ANN - https://bitcointalk.org/index.php?topic=3645928.0

Published by- Pooja Jur

Profile - https://bitcointalk.org/index.php?action=profile;u=1217469

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