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RE: Viewly ICO Starting - Decentralized Youtube Made by Furion from STEEM!

in #ethereum7 years ago (edited)

Steem is an amazing piece of technology, and I don't plan to stop contributing to its ecosystem anytime soon.

As far as Viewly goes, after consulting with several content creators (our main users), we determined that we need to implement different economic properties, which is forcing us to seek solutions outside of Steem.

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@furion you could have made an SMT with all the "economic properties" you wanted.
by using a new blockchain you are basically shunning Steem or you've lost faith in it. lets be honest.
this is not good news for us steem holders to have a competitor arise from one of the steem developers.

I am a Steem holder myself. I don't plan to abandon Steem anytime soon. Steemit has a fantastic team of talented engineers, an amazing community, a working product and plentiful resources.

Viewly isn't a competitor, rather, an experimental approach for a different medium.

@furion will you after ico and when SMT is fully ready switch to Smt?

great insight here; This looks like a dope platform; glad you chose to 'add more value' to Steem

He's not adding value to steem. Dtube is adding value to steem, not Viewly.

No he's not. How have things been going with Busy.org? What about the other so called projects running on the Steemit blockchain? I can't name any of them because no one uses them. No one uses them because if they want to use a STEEM-based application, they will use steem. Do you use Facebook? Firefox? Opera? Why would you use some weird third-party app made by some unknown coder when the real thing is readily available at the official home page?

People want standalone projects. When I hear announcements about new "projects" and apps and then find out that apparently they're running on the steem blockchain and thus aren't new projects at all, I simply stop reading and forget about them.

This on the other hand I got excited about since it's their own team, their own currency, their own plans and ideas. I tried DTube, but I realized it's the same thing as steemit on a different website which to be is just a form of additional marketing for steem. That is, it's still the same guys and authors being at the top, because it's steemit! Get it? There's little to zero difference.

Hey, if you want more advertising for steemit, then go do that. What I fail to fathom is why youre viewing new projects negatively. If you are that worried about steemit that when a big steem whale does a new project, you claim he's "lost faith in steem", then I think it would be a good idea to register another 10 websites that run on the steem blockchain that no one will use, but who perhaps will attract a couple dozen more people to use the ACTUAL steemit website which everyone uses.

Invite PewDiePie please. He's cool I promise

Really? you wanna make super to the moon?

Lol I can back up the fact that he's cool by pure math, he has over 55 million subs. That kind of audience will boost the whole decentralized economy.

I have read your Whitepaper and coincidentally have a similar idea , that i am trying to crowdfund, with no success (so by and in no way i am trying to advertise).
So i thought i just share my 2c in wrt business model maybe they will be of value to Viewly:

  1. On pg.14, extending the Sponsor-Creator mechanic to Audience- Creator. There might be a market for on-demand content, where Creator opens a polling on content ideas to be produced in the next episode. The Audience vote-funds the ideas they like. All funds are held in smart contract. At the end of the polling period the winning idea's pledges are retained while the rest refunded. To claim the winning idea reward Creator has to publish the agreed content. If content is acceptable to the backer, then the Creator claims the tokens out of the contract. This mechanic allows Creator to cover production costs, while simultaneously drive community engagement.
  2. pg 18: Investment returns I understand the purpose of the disclaimer. But why not have a build in dividend distribution plan? Afterall if all payments will be done in digital tokens with dividends distribution also disbursed in digital tokens, then your ERC token will be a pass-through security and the legal notion of "having a profit" will be further downstream.

Such dividend will add a great transparency to the digicashflow and allow for easier Valuation.

Speaking of which - it would surely be north of $400mln

Me neither. What kind of economic features are you planning on building into it, just curious? 😀 😃 😄 😁 😆 I hope you have a WONDERFUL weekend!