Review on Viuly by David Olayide
Viuly Video Sharing
In the digital world we live in today, social networking is very important and it allows us to communicate very freely with one another. To this end, there are very many cryptocurrency bad platforms and projects that allow us to share content over the internet with friends and family. One of this platforms comes in the name of Viuly. Just like other video sharing sites that work like YouTube today, Viuly is a decentralized video sharing platform that also indulges the use of the blockchain technology to create a fair reward system for content creators and sharers on Viuly. Mostly we have a problem on the existing video sharing platforms today, because they are centralized in structure. However this is much different from what Viuly brings to the table. Decentralization is at the heart of this project, and transactions are made through a transparent blockchain. The rewards system is mentioned earlier involves the use of the VIU tokens which is used as payment. This VIU token is an eth based ERC-20 token smart contract token. Personally I think that the project is a good one and that it really attempts to solve the problems of centralization.
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Pros
- Transparent transactions system
- VIU tokens are ERC20 compatible tokens
- Viuly is a decentralized video sharing platform that utilizes the Blockchain technology
Cons
- None
