From reading this , i assume the idea is that people get your coin for uploading stuff that has to be bought , like piratebay , and i get how you're gonna be able to pay them. However , lets for a second assume this is not just another scam coin , WHY would anyone want to download from this instead of ex piratebay? and why in the name of god , would people be buying this coin if it would just be constant dumping from people that uploaded stuff. I see some kind of idea here , but in my eyes this is just another scam , please give us more details.
You are getting it wrong, this is piratebay, it is torrent as you have always known it. Vtorrent adds the possibility to pay for bandwidth. Now, I know, what you are gonna say, "why would I pay for that. I never paid before". A big issue with torrents is that there is no incensitive to share. Because of this torrent sites such as piratebay are full of ads and spam, dead torrents and more. Thanks to this, there will be insensitive to share. Torrent sites can take a cut. There will be a worldwide ratio. As long as you share as much as you download you won't be paying anything. If you can't seed then a few cents that can be had via a faucet would be enough or just wait for a benovelent soul to seed for free. Streaming services could make use of this too, unlimited bandwidth at no cost. They can set up their channels and people would pay how much they want. There would be a huge insensitive to make good quality content. I am pretty sure that they would get a lot more than what they earn now and they will for once be punished for low quality content.