For you leeches bothering the thread with no purpose, here's my response.
This is the pre-ann for Streamvid.io, which is a video hosting website. It will have its mineable token, and no ICO. It does not involve torrents or webtorrents. It's a clip uploader with credits, said tokens. Original content and video capture are encouraged.
Token can be used within the website, and traded in altcoin exchanges.
There is no resemble to purevidz or any other coin/project. The official announcement will come within 2 weeks where you can learn more about it.
So its like YouTube but you get coins instead of AdSense $$$ ? That sounds cool to me. Nice way to create coins but what would be peoples incentive to buy them ? Will holding large amounts of coin get you better coverage for your uploaded videos ?
Yes, it's blockchain based. The incentive to buy them can vary. You can also mine them. Having more coins doesn't necessarily mean that your videos have more exposure, but having more coins is always good
It will be easier to understand with the formal announcement.
You'll see.
