Blockchain technology has revolutionised the modern landscape and it further connects us into a hyper-connected world. The many benefits of blockchain technology are starting to be realised, as a number of industries are being revamped and improved. The online video industry is massive and something everyone is a part of.
Thanks to advertising revenue, the online video industry is worth hundreds of billions of dollars. However, viewers do not financially benefit from watching and publishers only recieve a small portion of revenue, while advertisers are exposed to high rates of commission. On the other hand, traditional video platforms retain revenue and Viuly is looking to change that with their decentralised video sharing platform that rewards all participants.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/viuly-launches-beta-platform/
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