The guy is using the Steemit model and trying to improve upon it. I have communicated with him and Steemit is very important in all this. Give his idea chance. Even if it fails it will bring attention to Steemit and Bitcoin. I hope he chimes in here...
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His model is based on views with a viewcoin. ( centrally distributed currency ) Steem is based on decentralized stake weight voting. 2 completely different models.
More info here: https://github.com/DaGitNah/BitTube
@bitcoinmeister appreciate the update as always. thankful you are keeping us in the loop with new projects. Thank you.