I do not understand what is decentralization? than it specifically will be different for example from the instagram? there are pictures and videos. Everything is fast and without advertising. Explain.
Hello sharkman20! Thank you for the question.
Here's a brief explanation about decentralization, taken from Wikipedia:
Decentralization is the process of distributing or dispersing functions, powers, people or things away from a central location or authority.
Also, we are not aiming to be a social network so we will be completely different from Instagram. Viewly is a decentralized video platform which is powered by the blockchain, focused on its content creators and eliminating one of the biggest problems content creators encounter - demonetization. And yes, the platform will be ad free.
Explain pls, for what will people get money at your platform? For videos, for views? For subscribers?
Hello MaksonJoe, thank you for your question!
On Viewly, creators build their "tribe" of dedicated fans, and receive Patreon like support through frictionless micropayments and subscriptions. Creators can also sign sponsorship deals that are in-line with their fanbase best interestswith the on-chain escrow smart contracts, without middlemen. You can read more about this on our Medium blog here:
https://medium.com/view-ly/solving-the-money-problem-viewly-embraces-creator-monetization-on-revolutionary-platform-e0f04fe414f8I do not quite understand why a project needs a token?
Hello andiko, in our case - the VIEW Token will be used on Viewly to support and show love to creators!
Is this going to be an ICO and what's the timeframe for that? Also from a technical standpoint, will blockchain be able to cope with the massive load that comes with storing and playing videos on a global scale?
Hello tiCeR, thanks for the question.
The seed sale was ongoing in October and the hard cap was reached. There is a presale for strategic contributors that's ongoing at the moment until the 19th February - above 100 ETH. Then on the 20th and on the 21st February there will be a presale for whitelisted contributors - above 5 ETH. The public token sale starts on the 22nd February and it will last until the hard cap has been reached or until the 22nd March.
Videos are not stored on the blockchain, you actually only store the information regarding transactions and that relates to videos (hashes, etc). The technology is advancing.