Announcing Community Seed (Pre-ICO)
Some of the greatest achievements in art and science of human history were made possible by patronage of wealthy institutions and families. Nowadays, cultural expression has shifted to digital content distributed on the web. Web content platforms are in majority using advertising-based revenue model, which makes creators dependent on advertising dollars controlled by few large enterprises.
The incentives between content creators, their viewers and advertisers are inherently misaligned. Viewers are bombarded with pesky ads. Creators are forced to create content, that generates views. Advertisers lose due to inefficiencies in reach and rampant ad-fraud.
That’s why we are building Viewly, a decentralized video platform:
- A platform without pesky ads where users’ privacy is respected.
- A place where communities thrive and engagement between fans and creators is highly encouraged.
- Where creators with small, medium or large-sized audiences can sustain themselves through modern monetisation: a combination of micro-payments, fan patronage, sponsored endorsements and commerce.
- Where businesses can improve advertising efficiency and lower costs by skipping the middlemen and sponsoring creators and supporting their communities directly.
Viewly is a decentralized video platform powered by blockchain and peer-to-peer video sharing technologies.
It is built for creators, by creators.
The Community Seed
Community seed is an exclusive deal for our community. We decided not to follow the usual path of going to VCs, and get them a nice seed deal. We will rather give this opportunity to our early followers and our existing community.
In the first week of October we will sell 10% of the token distribution to raise seed funding.
The seed contributions will be hard capped at only 4.000 ETH. The campaign will only be open for a few days max.
The funds raised in the seed round will be used for growing our community, attracting quality content creators, promoting our project, growing the team and technical support for the main token sale, as well as on ongoing research and development.
We will have a full ICO in november, and will distribute 40% of the tokens during the crowdfunding campaign, which means that if we plan to raise ~15 million $ during the ICO.
Read more about our roadmap and future plans in our whitepaper.
We also created the affiliate program. You can get your hands on some free tokens if you help spread the word.
Read more about the affiliate program on our blog.