In today’s video sharing industry most industrial players do not listen to the voice and needs of the participants. The current algorithms are also unfair, penalizing high-quality content in case it does not fit the demographics of the video networks.
The industrial players create algorithms that only increase their profits without coming up with a fair system for video ranking. Further, video creators only have a few video-sharing sites they can use. Viewo hopes to address the problems currently facing today’s video-sharing networks.
The Viewo Solution
Viewo will listen to the needs and voices of participants and reward the users of the network. The rewards are given to participants regardless of the size of their actions. Such a reward system motivates users to share content, comment, and be more active while watching content. This will then increase the popularity of the VEO tokens that can be used to make purchases on the platform.
This video sharing platform is based on the blockchain technology operating on a reward-based system. The rewards are provided in the form of VEO Tokens. Viewo is different from the current video sharing sites as it operates on a user-based approach and not on a self-serving basis. It rewards participants for actions completed and encourages content creators and viewers to continue using the network by use of incentives. The network has the backing and support of various contemporary influencers.
How Viewo Blockchain Video Sharing Rewards Network Works
The platform will use GPU servers together with a specialized software technology for live and on-demand video broadcasting. This will allow the delivery of content at very high speeds. This is referred to as ultra-low latency streaming but in Viewo, it will be called Bufferless instant video playback. This will allow the platform to provide the world’s fastest complete resolution for high resolution streaming.
The network will stream live broadcasts with localized ads embedded into the video stream. The network stops pop-up blockers from removing ads. The powerful servers used on Viewo can switch from GPU to CPU based on the streaming needs. Unlike their competitor’s websites, the site can encode videos on the fly, which will see videos being played immediately after they are uploaded, which eliminates delays.
The editing of the software will be done by use of AI technology to allow content producers to edit and improve their videos. The platform also offers a customized off-chain micropayment technology that is integrated with a web wallet.
Viewo VEO Token ICO Details
This is a blockchain based utility token that has value in the Viewo network and outside this network. The token is an ERC-20 token based on the Ethereum network. The total tokens supplied will be 2,000,000,000 tokens.
28% of these tokens will be sold during the crowdsale. The dates of the public ICO will be from 11th December 2018 to 11th January 2018. Each VEO token will be priced at 0.020 USD. The platform hopes to reach a hard cap of 564,062,500 tokens while the soft cap expected will be 10,000,000 tokens. Investors will get their tokens after the end of the sale