Blockchain technology has revolutionised the modern landscape and it further connects us into a hyper-connected world. The many benefits of blockchain technology are starting to be realised, as a number of industries are being revamped and improved. The online video industry is massive and something everyone is a part of.
Thanks to advertising revenue, the online video industry is worth hundreds of billions of dollars. However, viewers do not financially benefit from watching and publishers only recieve a small portion of revenue, while advertisers are exposed to high rates of commission. On the other hand, traditional video platforms retain revenue and Viuly is looking to change that with their decentralised video sharing platform that rewards all participants.
Viuly’s video sharing blockchain based economy has been designed by a team of experts. With the promise to revolutionize the online sharing industry. Viuly rewards all its users. Users get paid to watch and enjoy, while creators can earn more from their work.
Advertisers also receive improved market penetration at a drastically reduced price. All of this powered by the VIU token, on a decentralised platform. The VIU token is used to transfer value between advertisers, content creators, users and people supporting the network.
Millions of videos are watched or created everyday and Viuly is looking to improve that experience. Video sharing is a multi-billion dollar industry and one of the many industries that can benefit from a blockchain solution. Through decentralisation and transparency, Viuly aims to create a fair and open video network operating on an equitable model of revenue sharing.
Thanks to the native VIU token, users, content creators and advertisers can all benefit from the platform. For the first time, Viuly will offer an established platform for users and creators to watch and share videos while immediately earning rewards for their interactions. This one of a kind ecosystem looks to disrupt the video sharing industry by offering a fair, unrestricted environment to share, watch, and upload any content.
Viuly has applied a blockchain solution to a massive industry that most people can benefit from. The Viuly team boasts the backing from blockchain investing firm Krypton Capital, who contributed a sum of EUR 150,000. The strategic partnership, coupled with Krypton Capital’s “smart money” philosophy, Viuly aims to establish strong ecosystems of related companies to grow values and revenues together.
A core value of blockchain technology is the potential to empower people. Viuly are offering just that to their users, by rewarding their participation. Viuly are proud to continue to reward their users as they lead up to hosting a live stream on its beta platform on June 15th, 2018. The live stream event will include online games and offer its viewer's bonus giveaways, including tokens.
The announcement that Viuly will be hosting a live stream event marks an exciting time for the team. The live stream event is in conjunction with the release of the beta platform as Viuly breaks new ground. The event looks to showcase the new and improved platform, while offering users prizes and giveaways, including VIU tokens. Rewarding users is central to Viuly’s vision, and this is no different at the event. to receive the most up to date information regarding the event, from banners and ads, participants just need to register on the beta platform.
Anyone can join the community and get involved with the event through a live stream link on the main website. Alternatively, subscribe to the main Viuly channel and stay updated. The Beta release and live steam kicks off on June 15th, 2018, at 5pm GMT. Don’t miss out on this anticipated event! Check out the website to stay up to date and connect on social media.
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