Review on Viuly by francis fernandez
blockchain technology to share your moments
Social networks are the ideal platform to share personal experiences with our family and friends; even more so if they are physically far from us. The crypto industry has taken advantage of the boom these networks have had to boost the digital economy through them. Viuly is a sample of it.
Viuly is a digital platform that uses blockchain technology to promote the exchange of digital content between users of its social network, worldwide.
In this way; The people registered in its network can share moments and experiences of their life with people around the world, through the use of videos sponsored by the security provided by blockchain.
In this way, Viuly creates an open network without intermediaries; to promote video sharing; that allow linking advertising strategies; where viewers can earn income or rewards in their VIU cryptocurrency, for viewing ads.
VIU is an ERC-20 token, because it is hosted on the Ethereum infrastructure; and uses smart contracts to power the operations of the Viuly platform.
The VIU token is the currency used to award rewards to ad viewers.
Another important feature of this network is its decentralized digital content storage capacity. This is possible due to the implementation of the IPFS protocol, as a facilitating mechanism within the chain.
Either as a safe social network to share pleasant moments with friends and family, to promote brands through advertising strategies or to generate rewards in digital money; Viuly is a reliable ally for your daily activities.
Pros
- Create a network that connects users globally
- Allows you to share your moments through digital content
- Creates an open market for the exchange of digital content
- It allows to obtain income by visualization of advertising
- It is a non-custodial storage center for videos
Cons
- Volatile value of their currency
- Not compatible with Coinsquare
