Blockchain video platform
We believe that there is a market need for a decentralized video platform for user- generated content. SteemQ aims to fill that need by creating a next-generation platform on top of the new Blockchain and P2P technologies. We are bootstrapping a better version of YouTube, with a new social model that creates a richer experience for content creators, curators, and consumers. Blockchain based Blockchain technology has disrupted the world by providing a mechanism for trust between arbitrary parties.
It is the core building block for decentralized public platforms. This allows us to build on top of the same technology that powers Steemit, as well as inherit the benefits of an existing community, currency and platform.
Democratic The monetary reward on each video is derived from the stakeholding properties of its voters, while the ranking takes into account reputation-related properties, as well. This mechanism improves curation by granting increased voting rights to users with smaller stakeholding, and high reputation scores. The system aims to empower its users to the maximum extent possible while remaining resilient against Sybil attacks.
Censorship resistant Unlike the centralized, privately owned platforms, SteemQ is censorship-resistant. Users will not be subject to content take-downs or other means of censorship as a result of an arbitrary decision within the platform-owning corporation, a faulty algorithm or a false copyright claim. Community moderated SteemQ allows its users to take action against spammers, content thieves and other misbehaving agents through downvoting.
No single person has the authority to nuke content by themselves. For every questionable piece of content, a consensus has to be reached by a collaboration of multiple high-reputation downvotes.
In such an event, the rankings of the video drops, and the participants in the P2P CDN have the ability to remove the content and thus slow down or eliminate its propagation. To aid in moderation-related decision making, a clear code of conduct shall be established. It is anti-fragile by design - the bigger it gets, the better it runs. You and your neighbor are both into snowboarding. A new snowboarding compilation has been released on SteemQ, and your neighbor is first to watch it.
When you want to watch the same video, it is streamed directly from your neighbor's cache - rather than some data center in a foreign country. This not only allows for lower latency, but also reduces the load on your ISP.
Site Structure As a starting point, we can look at the two existing and currently quite prominent models: YouTube treats each user as a separate entity, and offers an experience that is highly optimized towards passive yet recurring content consumption, which consequently affects the ad impressions. YouTube allows its users to subscribe to individual brands, however, judging by the design of the website, most of the discovery happens through "recommended videos" and autoplay functionalities.
In the center of Reddit's design is the sub-reddit. Each sub-reddit is like a little island, with its own community which is brought together by a common interest. SteemQ aims to find a balance between both models. We are not afraid to try new things such as, but not limited to:. Money We believe that money should not be the primary driver of people's behavior.
We would like to remove money and its influence on people's decision-making in regards to voting. Voting on contributions of other people should reflect the voter's experience with said contributions in the purest form possible. For example, if a video made you laugh, or if you have just discovered something totally awesome, you should be able to express your reaction with an upvote. If the information on monetary reward is presented, it might influence your perception, and change your behavior.
Perhaps you might feel like the video already earned too much, and refrain from voting despite the fact it made you laugh in the first place. Perhaps it could even trigger emotions of envy and frustration, or amplify negative feelings in the realm of the scarcity mindset. For example, a video explaining a 'binominal options pricing model' may be very valuable to a small group of individuals, and completely devoid of value to the rest of the world.
A funny cat prank video might be valuable to a large audience, but completely worthless to our mathematics enthusiasts. We can conclude with reasonable certainty that more often than not, the cat video will outperform the geeky math video, making our hard-working mathematician dissatisfied with his reward. Perhaps a whale who likes math will discover our options pricing video, making it earn more than the cat video.
In this event, the producer of the latter will be dissatisfied. Most often, however, we will see two or more funny cat videos being submitted at the same time, yet one of them might make it, while the rest of them don't.
This is the best example of subjectivity and luck at play. This is why SteemQ will remove the monetary information from the view, and replace it with a ranking score. This score aims to a more democratic reflection of community feedback, as well as act sa a more emotionally-neutral way to keep score. The monetary component will still be there, both on the blockchain as well as on the SteemQ website itself, available for anyone who wants to take a look.
However, it will be decoupled from the main view, for the reasons outlined above. Rewards System The rewards system could be tweaked to improve curation as well as further democratize influencing factors. This could be achieved through proxies, or a modification of the weight function itself. We would love to experiment with this, whether the idea is simple, such as a linear system with minimums, decreased exponent, range limited sigmoid function, or a more complex mathematical model.
IPFS is a great tool that does a few things really well. It provides a robust layer for managing, transporting, referencing, deduplicating, versioning and ensuring the integrity of the content.
We can secure the multihashes by storing them on the immutable blockchain ie. STEEM's posts become immutable after first reward payout. STEEM's transfers are much faster, being immutable and permanent within seconds, when the block is confirmed.
This way, we can simultaneously guarantee the ownership and integrity of the content. We still have several hard problems to solve, in regard to the content distribution itself. Intelligent distribution and sharding. The amount of storage required to host video files is mind-boggling. We need to develop a system that can track the state of content replication so that a sufficient number of replicas exist at all times to prevent data loss.
We can get pretty far with a P2P model, where every user of the site automatically re-seeds the recently watched videos in the background. This however is not sufficient to guarantee 1. We need to adopt a mining model that provides content availability and its distribution bandwidth. New content could pay for hosting with a percentage of its rewards pool, while the old content hosting could be paid for via a smart contract.
Likewise, all consequent SteemQ-related posts will have their rewards sent to steemq-fundswhich acts as a funding source for the SteemQ project. Witness furion is now a witness. Stable revenue from minting blocks could be used for development and SteemQ CDN if furion becomes a main witness.
We are looking for a Senior React developer to join the team. If you're interested, ping furion on https: If you are interested in the project, and would like to get involved, join steemq on https: Don't miss out on the next post - follow me.
Well, a bloop single might be enough to start a new uptrend, might They need to be used. This is exactly what we need! I am so sick of YouTube's bullshit, they completely do not recognize "Fair Use" anymore and they demonetize anything they deem to be "non advertiser friendly" which is utter bs. If you actually launch this service I will upload all the videos I make for YouTube, my channel has almost thousand views so far, to this service as well.
I will also tell me my friends who all have bigger channels than me to switch over. Thanks and you definitely earned a follow for this one!
I'm really excited to use such format since I'm a videoblogger. I don't like some of youtube restrictions, so SteemQ seems like perfect fit. And I know I'm not alone - hella lot of people are waiting for something like this. In my assessment, video blockchains will take years to manifest: You are certainly way ahead of our time I mean, when thinking about it, there are so many potential issues that it's not even funny.
Like spamming the blockchain with huge videos. This equals an economic amplification attack where I spend a few cents on my internet connection just to upload something big, which then needs to be replicated multiple times even when sharded - a cost which will burden the nodes. He's not planning to put the videos themselves on the blockchain, but still they do need to go somewhere, and the problem is challenging.
I agree with your assessment for the most part but still encourage the effort. I think it has a chance. Yes, I realized it after I re-read the specs. My attention was dominated by the "blockchain-based" at the start of the post and I was like "huh?
On second reading, IPFS is far from optimal for this type of job but I guess we'll have to wait and see. I don't want to discourage anything and indeed furion has been very active as a developer and he knows his stuff.
Perhaps he can think of solutions to tackle the issues at hand. I'm a dancer and always have the problem that youtube takes down my videos due to copyright infringement. If this platform would be released, I could finally create concept videos and short films with great music and not just royalty free.
This would be a game changer, and I'm looking forward to the release in 6 months! Exciting project, good job! We might as well post whatever pictures we like tooafter all, who cares about copyright infringement. I am excited for SteemQ but your idea to create short films with great music and not just royalty free is a dangerous precedent and one likely to keep SteemQ alongside other notorious piracy sites like VKontakte.
Authors sell access to their premium content, receive donations from users and earn blockchain video platform in video ads. Users watch free videos and get rewards. Advertisers place ads and pay directly to our users. All payments on the platform are done automatically in VIU tokens and the transaction history is stored on the blockchain.
VIULY tokens VIU are based on the Ethereum blockchain smart-contract and represent the main tool for transferring the value between advertisers, content creators and users. Viuly is a video sharing platform, where authors are paid for their content, and users are rewarded for watching free videos!
Our software code is open source and based on the Ethereum blockchain smart-contract. Video content storage is decentralized and built on top of the IPFS protocol. Initially, the company has allocated 10 VIU tokens, which will be distributed among users for registering, uploading the first video and inviting friends. This approach will attract first users to the video platform even at the alpha phase.
VIU tokens will be added automatically to your account balance on the platform for each unique view of the video with sponsor's advertising. At this moment, you can curate video creators with tokens and get access to their premium content. You can withdraw and sell your tokens only after the end of the token airdrop and the beginning of trading on blockchain video platform exchanges. First of all, the prospects for the VIU are associated with the growth of the user base of the Viuly platform.
The more there blockchain video platform users and video views, the more advertisers will advertise their products. Due to this, the turnover and demand for tokens will grow. Moreover, blockchain video platform will be a marketplace on the platform, where users can purchase various goods and services blockchain video platform pay for purchases with VIU tokens.
All mutual settlements between advertisers, content creators, users, sellers and buyers are carried out by VIU tokens, and this will directly boost the demand for VIU tokens.
The physical quantity of VIU tokens is limited. Therefore, blockchain video platform to persistent demand for a scarce resource, the cost of tokens will blockchain video platform increase. Viuly is a revolutionary blockchain-powered video platform, without intermediaries.
A content creator uploads a video. An advertiser adds an advertisement to it. The cost of advertising is distributed between the creator of the video and the user who has watched this video. Everything is done automatically. The advertiser blockchain video platform his advertising costs by saving on intermediaries. And users are rewarded for watching videos. It's a win-win situation for everyone. In order to be eligible to participate in the VIU token airdrop, your ethereum wallet have to be active with a positive balance of minimum 0.
Ethereum wallet addresses registered with exchanges are not eligible to participate in airdrop. Users never know in advance which video can bring them a reward and thus cannot watch a video blockchain video platform to receive a blockchain video platform. However, we are creating an automatic pre-moderation system of all video files uploaded on the platform in order to avoid the upload of a video content that blockchain video platform to common sense and standards.
When violations occur, the system will automatically send information about the video to moderators. If the violation is confirmed, the video will be deleted and the user, who tried to upload this video, will automatically blockchain video platform downgraded in rating on the platform.
The moderators are users with the highest rating on the platform, who have been randomly selected by the automatic system. Currently, there is a working alpha version of the platform blockchain video platform to several test nodes. In the very near future, we will announce about the creation of a distributed network of independent nodes and you will be able to become one of them and receive a reward for storing uploaded videos on the platform.
To be aware of all plans and events, you should subscribe to project news and also join us on social networks. The future of the video sharing market. Advertising budgets are distributed amongst content creators and users.
We together enter the huge blockchain video platform video sharing market and completely change the game. Stay in touch Download whitepaper. Here are a few Viuly key features: Upload free videos and create channels Sell access to your premium content Support and donate to content creators Be rewarded for watching free videos Buy premium content with VIU tokens Advertise and pay directly to our users.
Seasoned entrepreneur and investor. Ideologist and founder of Fintech Cluster. Business and Finance graduate of Oxford Brookes University has started professional career at Mayfair based investment fund in London. Law and Business graduate and seasoned entrepreneur with over 15 years of experiance under his belt. Primary focus on development and stratergy the latter years and blockchain solutions more recently. Andrey provides expertise in Blockchain technology and smart contracts.
Roadmap Our goal is to create a completely decentralized video sharing platform. No censorship, middlemen and video blocking. Be rewarded doing things you love and enjoy!
Airdrop completion Listing on the crypto exchanges. Video sharing platform launching Adding new functionality and connecting additional services. The number of active Viuly users exceeds 25 million people. Where will you get them? How do I get money for watching videos? How can I withdraw my money from the system and spend it? Which factors will affect the price of VIU tokens? What will drive their demand? Why do we need the Viuly platform when there is YouTube? When will the token airdrop take place and what are the conditions for participation?
Will there be additional emissions of VIU blockchain video platform after the token airdrop? No, there will be no additional emissions of Blockchain video platform tokens. Isn't there a risk that advertising will be watched just to get the money for it? How will forbidden videos be moderated? I have blockchain video platform lot of free server space.
How can I start earning for storing uploaded videos on the platform? Connect with us our community. I confirm that I have read, understood and agree to the Terms of Use. Check blockchain video platform to confirm that you are NOT a U. Send the desired amount of Ethereum to the address mentioned above Do not send ETH from crypto exchange' wallets.