What is Viuly?
Viuly is a video platform based on blockchain and crypto. Through the platform you can share videos and have a livestream. The platform already has a reasonable user base of over 1 million users compared to some other crypto social media. The token of Viuly is called VIU. The platform works on the basis of smart contracts (Ethereum / ERC20) and the transactions are recorded on the blockchain.
What makes Viuly different from YouTube?
The difference between Viuly and YouTube is that the users of the platform get a bigger share of the revenue. Platforms like YouTube often earn more than half of the ad revenue. In addition, as a beginner you can also earn VIU, while on YouTube you only earn something if you have many followers. Another important difference is that not only the person who uploads videos earns something, but also the person who watches the videos.
Besides the difference in the sharing of revenue, Viuly is based on smart contracts and blockchain. This means the transactions are automated and safely stored on blockchain. This contributes to the transparency of the platform. In addition, blockchain is used to asses the videos on content. It takes a while when you upload a video, but at the same time it is nice to realize that at that moment your video is being screened by the blockchain. Bit of a shame for me ... my Sweatcoin video was seen as adult content. Would it be the bare legs combined with the word dirty and sweat...? Next time I'll be a bit more discreet haha. The end result is unfortunatly that they are not going to place the video, because of the bare legs. Boobs and ass no problem, bare legs big problem... I rest my case ;-).
How do users earn VIU?
The viewers of videos earn VIU because they view the advertising in videos. The viewers get a certain amount of VIU for this. You get a lower percentage for an ad in a regular video than when the video is a complete advertisement. Creators can choose whether to earn VIU by enabling voluntary donations from viewers or receiving part of the advertising revenue from the video. In addition, there is the option to make videos accessible only after a certain amount of VIU has been paid by the viewer. A channel can also be paid. This means that if you follow the channel, you for example pay a certain amount of VIU monthly.
What can you do with VIU?
VIU is listed on a number of exchanges. Currently on Okex, Bit-Z, Livecoin and Idex. The value of 1 VIU is now $ 0.0006. You can convert your earned VIU into money via an exchange. You can only get VIU to the platform by buying it through an exchange and sending it to your wallet on Viuly. Some knowledge of crypto and sending / receiving it is therefore required. In addition to converting VIU into money, you can use VIU on the platform to watch paid videos or to donate VIU to videos that you like. There are also videos on the platform that offer services or products. Via the platform you can purchase these directly with VIU.
How much can you earn?
I have just started with Viuly, so I can't tell you yet what the upbring is. I have already earned VIU by watching videos with ad's in it. So I can tell you it works. I will make an update later on, on what you can earn on this platform. I will also supplement this blog if I have more experience with the platform.
Life on the Block at Viuly
Since Life on the Block is about living on blockchain, Life on the Block also has a channel on Viuly: Life on the Block. Are you building your own Life on the Block? Then follow us on Viuly instead of YouTube. In this way we help the community get a step further and you also earn something yourself. In addition to the website, Viuly also has an app available.
Hope to see you soon on Viuly!