So you will have to pay to watch each movie in wallet?
The site will be free for anyone to use and will not require any software, addons or wallets. From a user standpoint it will function the same as something like youtube where you can simply click anything you want and it will start playing in your browser within seconds.
Premium features can be unlocked using VIDZ coins which will include: no ads, custom site skins, VIP requests for new content, alerts when tracked media is available and much more.
Users may tip those adding content to the site to encourage them or place bounties on new releases to encourage it to be added to the site.
Those who submit or review new content are given a portion of the bounty placed to reward them for keeping the site updated and to ensure all releases are of the highest quality and stability.
The site funds itself through VIP memberships, advertisements (with strict advertisement guidelines), through referrals and through product partnerships to bring our services outside of the browser (android tv boxes being a fantastic example). Funds earned by the site are split between costs of hosting/development, the dev fund allocated for viral marketing campaigns and global bounties and the remainder is put towards organized coin buyback programs.
No you will not. You will be able to make a bounty for your favorite film or series assuming it has not already been uploaded for you to watch. Soo lets say it hasn't and you want to watch a high quality version of batman, create a bounty with your vids for bounty hunters to upload that said film, once someone does then the vidz will be released to them. Hopefully the dev will chime in if I have misunderstood.I don't think there will be movies in wallet.
Essentially correct yes. The wallet will be in no way required in order to watch or submit content for the website. That being said we are investigating various extended functionality for the wallet which users can optionally enable. This would be things such as optionally assigning a portion of your harddrive space and bandwidth to help seed torrents for the website in order to receive a small amount of coins. This would be an option for those who essentially wanted to 'mine' the coin in a more traditional way than a POS coin offers. I want to be clear that this is simply something we are testing and developing, I cannot guarantee it will be part of the initial release.
I haven't read anything after this post so appologies if i rehash some questions already answered.
Your strategy is to hide behind a database of different domains and route to whatever domain is available and haven't been taken down yet. I see this working as i beleive thats the technique TPB is using so kudos on that strategy. For your .onion solution for users in different countries, it sounds great on paper but have you tried browsing .onion sites using tor browser? Your lucky to get 56k speeds, goodluck streaming anything at those speeds.
This is all speculations but i see you guys having a LOT of legal problems. Most torrent sites are not user friendly. You won't find your local mom/pop downloading movies through torrents. You need some technical skills to get around downloading/installing a torrent client, browsing to a torrent site that won't shit all over your PC with ads and malware, download a torrent file with enough seeds to get it in a reasonable time, MAYBE even having to install a proper codec in order to view the video. That's a lot of work versus paying $9.95/m for a service like netflix ect... The Hollywood legal team don't care as much as they would if YOU become the pirate version of netflix. I can almost see them sitting at there offices waiting for you to release your first beta so they can slap you with your first legal case. All those average internet users can now EASILY view pirated content, goodluck staying open long enough to switch to the next domain lol.
I'm also curious to know what is your marketing strategy. How will people FIND your website? A thread on bitcointalk and an altcoin is cool but you need visitors to take advantage of ad revenue ect...
I'm aware the thread is getting a bit long to read through but for more detailed answers I might suggest taking a look through some of our other replies. I'd like to address some of your main concerns though.
.onion domains and TorBrowser speeds: The .onion domain will be a simplified way for users to access our database of content and our searching/tagging libraries. There is nothing stopping those users from using a traditional torrenting client once they grab the magnet link from our site. TorBrowser is considered a extreme backup for those who live in areas with extreme copyright or internet censorship laws.
Legal issues: There is nothing illegal about our site. We are offering links to indexed content the same as any search engine. While the past years have definitely shown that many countries (primarily the USA) does not care about laws and will still attempt to disrupt your service, none of the content on our site is copyright and nothing about our service breaks any laws. We will of course take every precaution to ensure the site cannot be interfered with or taken offline but it has been proven already that staying online amidst great political pressure is not an insurmountable issue.
Marketing strategy: We have many strategies planned.
Our first strategy involves bringing in as many contributors of existing torrent communities to convince them our site shows promise. When combined with the global bounty on all content submitted to our site during the beta period, it will be a 'no brainer' for them to add us to the list of sites which they submit their content to. The fact they are already releasing it to dozens of other sites benefits us greatly because it increases the reliability of these releases to ensure there will be active seeds all around the world while our site has time to grow its user base.
The second strategy involves attracting as much attention from the crypto community as possible. This means twitter and signature campaigns, press releases and generally letting users know about the coin, its features and uses and the site being developed. This is designed so that we will be able to jump start the economy of the site itself (placing bounties, testing the premium services, tipping, etc) as these users are already familiar with what cryptocurrencies are and how to use them.
The third major strategy boils down to viral marketing. Following the 1.0 release of the website (populated with content during the beta period!) we will be offering existing members of our community bounties to advertise the site in many ways. This includes facebook, twitter, youtube and forum posts advertising the service but also real world marketing including things such as bounties for printing off an approved flyer and posting it in their local community center of campus. Given the site will already be online and have tons of content from the beta period, these users will act as vectors for explosive growth in our user base.
We will of course be reaching out to various news websites, community forums and groups and writing press releases as part of each of those three strategies.
