Quote from: ViulyOfficial on September 24, 2017, 12:29:18 PM

Quote from: cryptopharaon on September 23, 2017, 02:18:47 PM

I have 2 questions for team:
Where are you going to store all video data?
And what is the use of your coins, what are they needed for?

Good questions!

1.) Decentralized storage is built on top of the IPFS protocol. So the videos are stored in a decentralized way on everyone's hard drives, and they will receive VIU tokens for storing the videos.

2.) All transactions between advertisers, authors and users are done in VIU token automatically and directly. They are needed to reward all participants of Viuly's online video platform. Everyone, even viewers of free videos will receive some VIU tokens.

You can read more about all these points in our whitepaper: https://viuly.com/Viuly_Whitepaper.pdf

Best

Viuly

Thanks for detailed answers, now lets go a little bit futher. You say that your video platform is decentralized, how are you going to moderate it? For example, someone can upload some really bad things in your website, so you will delete it or what?

cryptopharaon

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