Viuly Celebrates Beta Release with Livestream Event
Viuly has just hit the next stage of its development as it continues on its mission to bring the monetizing abilities of blockchain to online content creation. The startup is hoping to leverage distributed ledger technology to provide users with a decentralized alternative to social media that also allows them to profit from its use.
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According to Viuly, its platform will allow advertisers to connect with both publishers and consumers of online content directly — without the need of a middleman facilitator. Such a dynamic could make the sharing of advertising revenue much more equitable going forward.
Viuly Live Streams Beta Launch
Now, the startup has just got one step closer to its ultimate vision of decentralizing the content sharing space. The beta version of its platform recently launched, going live on June 15th, during a livestream event the startup held as a way to build excitement among its user base for the occasion.
The livestream showcased the updated platform, giving them a chance to demonstrate to its fans where it has improved since the platform first went live on the Ethereum Mainnet in December 2017.
Viuly, as part of the livestream event, also offered users a chance to enter a prize draw where they could win prizes such as VIU tokens and other giveaway items.
The beta launch likely marks the biggest news that has come out of the Viuly camp since the beginning of the new year. Indeed, this news follows some other noteworthy announcements such as VIU, at one point, being listed as the most transacted token on the Ethereum blockchain, according to Ethplorer.
Additionally, the startup also coordinated an airdrop of their native token, VIU, in November of last year. This free giveaway of tokens resulted in 458 million VIU being sent to approximately 900k unique ethereum users, expanding the platform’s user base by almost a million in absolute terms.
The VIU token has also been listed on a number of exchanges, including the Liqui exchange as of December 2017. At the time, Viuly was also getting 12,000 visitors a day and recording 70k registered users in the same amount of time.
Viuly is attempting to create a decentralized and transparent alternative to the current social media platforms. By using blockchain tech the team wants to make the industry operate in a more equitable way, distributing advertising revenue fairly across all economic players involved in creating value on the platform.
VIU tokens are the native currency powering the Viuly video platform. They are used to transfer value between advertisers, content creators and users.Viuly will be a full-fledged platform for users and content creators to share and watch videos, while immediately earning rewards for their interactions.
Image via Viuly
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