We're far from being the only fish in what is - thankfully - a very large pond. We're excited for other projects in this space because we believe that cooperative competition is the way forward for decentralized video and crypto in general. In fact, we work closely with other projects such as Livepeer and IPFS.

I need to do more reading on Buzzshow to be able to respond to that specifically, but from what I have seen their strategy has been to build a platform that is centralized and then convert it, while we're building a decentralized platform from the ground up. Right now, on Buzzshow.com, you're actually watching YouTube videos, while on portal.paratii.video they're hosted on IPFS, which is decentralized. In fact it may be that we have very different goals, though, and that they don't even plan on hosting content in a decentralized fashion, just the coin rewards, but I don't know enough about the project to tell.

It's also important to note that Paratii is far from being a closed protocol or platform. In fact, we welcome developers to build their own niche-specific applications on top of it, and services like Buzzshow could eventually pull their videos from Paratii instead of or in addition to YouTube if they so desired, expanding their scope (win-win!) It's also worth noting that we're the only project of our scope in the second largest video market in the world, Brazil, and our market activation is very focused here. In a country that has so many of its own wildly successful services (eg. 99Taxi for ridesharing, OLX for marketplace, Zap for real estate), we find that a big reason to believe in our potential.

In terms of competition, I have this to say: we're building what we're saying we're building. It's up to you to make a judgment call on whether you think that will bear fruit, but our team, advisors and investors are sure enough to put all of our effort behind it, and we believe that it brings something new and relevant to the table. Keep an eye on us and you just might be pleasantly surprised.