The idea is interesting but how to combine these things? Youtube, at the expense of Google's capacity, works and requires a lot of money on the server. And the iTunes works at the expense of the powers of the Apple and requires a large audience which you do not have. How do you solve this problem?
Taking away YouTube Red, YT is ad based, 95% of which are skipped - so they have a lot of streaming that goes un-monetized. Our videos aren't free - they can cost as little as $.005 - but they are always paid for. Users get money to pay for videos in 2 ways - they either buy a pack of Coins (which we take a percentage of) or they earn Coins on the site ( we distribute Coins based on new Tokens released each week - which we also charge a fee on top of).
We will also allow ads which will be fueled by our Token which both users and creators benefit from and of course, us.
As far iTunes goes we are starting with Creator content and growing into offering more commercial fare such as films, music, games...when we have built the audience.
To build the audience we are working directly with established creators and will be releasing a chrome extension to easily onboard users using Youtube itself.