Introduction

According to some statistics, 55 % of all people watch videos on a daily basis. The largest platforms where people can watch videos are Youtube, Facebook and Snapchat. YouTube has over a billion users, almost one-third of total internet users and more than 500 million hours of vidos are watched on YouTube each day. However YouTube is going to make it harder for small video makers to make money. The world’s largest video site will kick thousands of people out of its ad revenue-sharing program, and will make it much harder for new ones to get into the program. The new ICO Viewly offers a solution to this very problem.

What is Viewly?

Viewly is a social video platform without advertisements. It is completely decentralized, powered by the blockchain and peer-to-peer video sharing technologies. Viewly will offer video content/sharing distribution without ads, where community members can profit through a variety of means, such as micro-payments, fan patronage, and sponsored endorsements.

Benefits of using Viewly

The benefits that Viewly offers is direct support for the publishers and viewers.They also give business sponsored endorsements to make sure that any revenue earned goes where it’s supposed to, the publisher and not the middleman. Any creators will be able to start making money from day one.

They are looking to make the platform completely ad free and aim on matching the right person with the videos that they are intrested in watching. They want to give the creators a chance to build a loyal following that they can engage with in a more personal way. There will also be a P2P CDN connection that helps to reduce the costs and improve delivery times.The reason to use Viewly’s blockchain technology is to get rid of the middleman which the creators had to trust and instead of that. Viewly want the entire process of monetization to be operated on a decentralized network.

The VIEW Token

The VIEW token is an utility ERC-20 token which will be mainly used as a payment mechanism.When purchased it can be stored in wallets such as MyEtherWallet and TrustWallet and directly to the Viewly network.The VIEW token will be necessary for puting videos on the platform and for providing hosting services. Viewly will only take 1% fee on transactions between hosts and uploaders.

Token Sale and Distribution

Token Name — VIEW

Pre-ICO Start Date — October 2017

ICO Start Date — February 22, 2018

ICO End Date — 30 days after the start date, or until hard cap is reached

Token worth — $0.45

Soft cap — $4m

Hard cap — $12m

Accepts : ETH, BTC, EOS

50% of the tokens are available for sale. 10% of the tokens have already been sold in the pre-ICO sale in October. Minimum crowdsale participation threshold is 1 ETH. The max supply of VIEW tokens is capped at 100 million.

Token Distribution

The Viewly Team

The Viewly website features a core team of ten people, plus five advisors and the firm is based in Slovenia. Overall it seems like a well-balanced team and all staff feature links to their LinkedIn profiles.

For more information please visit :

Webpage: https://view.ly

Whitepaper: https://view.ly/downloads/whitepaper.pdf

Viewly social media links :

Telegram: https://t.me/Viewly

Facebook: https://www.facebook.com/theViewly/

Twitter: https://twitter.com/OfficialViewly

LinkedIN: https://www.linkedin.com/company/11354197/