VIEWO

WHAT IS VIEWO

Viewo is a video sharing network that operates in a reward chain based on a chain. All members of the Viewo network are rewarded for their actions, large or small. Rewards are obtained in the form of VEO Tokens, a utility-based utility marker that has value both in the Viewo network and outside the Viewo network. Unlike existing video sharing websites that operate on a self-service basis, Viewo works with a custom approach, rewarding each individual user for the performed actions and providing incentives for both viewers and content creators. Viewo is the only stimulated video sharing network that supports and supports a significant number of modern influential people.

Viewo - a revolution in the landscape of online video sharing. The website will act as a decentralized platform for video sharing with its own crypto currency, VEO tokens. Users on the network will be rewarded for their actions, large and small. Actions include creating and uploading videos, sharing videos, commenting and evaluating videos, moderating the site and even simply watching the video. 

A user-centric approach to video sharing is a complete paradigm shift from how traditional video sharing websites work. For example, YouTube, currently the world's largest video sharing platform, is centrally controlled by the Google Content Delivery Network (CDN), and content proponents and viewers are not credited for their actions. 

Viewo will introduce unique algorithms developed by advanced mathematicians to give preference to video in accordance with the wishes of the Viewo community and at the same time reward all components in the Viewo ecosystem in proportion to their actions. 

The Viewo economy will create a system in which users will want to complete activities in the Viewo ecosystem, as actions stimulate rewards; in turn, the rewards will stimulate new users and actions.

Rewards are received in the form of VEO tokens, a token that has value both in the Viewo ecosystem and beyond. In the Viewo network, participants can use VEO Tokens to purchase access to private videos, join online courses, show videos to selected positions and make purchases on the site. If the participant does not wish to use the VEO token on the site, the participant can obtain liquidity for the VEO token on the exchange. 

Viewo seeks to finance the development of the Viewo platform through a token sales campaign in which the percentage of VEO tokens will be sold to early sponsors and investors.

Viewo founders are strong supporters of access to tokens using real-world applications for the masses, and not just for a limited community of people with technical knowledge.

Funds received from the sale of Viewo tokens will be used for:

Creating a Viewo platform (front-end and back-end development)

The acquisition of unique high-quality content from the world's leading influential people

The creation of a physical studio in Los Angeles, where influentials can shoot their videos

Create a customized global cloud CDN (content delivery network) in combination with P2P delivery

Send massive targeted traffic to the Viewo destination site

Viewo has already teamed up with Peer5, one of the largest and most respected P2P video distribution networks in the world, which will improve video playback and lower CDN costs.

Viewo also received sponsored support from more than 150 of the most popular influential social media, which have a collection of the following millions of fans. (A partial list of influential individuals and celebrities that approved the Viewo platform can be found in Section 9).

A unique combination of a widget with a decentralized and stimulated platform for video sharing can surpass YouTube as the world's leading video sharing network. The following pages will detail how Viewo will work and realize its potential.

WHY VIEWO

Viewo was born as a response to the challenges facing the video sharing industry today. While today's industry ignores the needs and voices of the participants, Viewo rewards each participant for the actions they take, large or small. On a platform based on awards, users will be motivated to share content, comments and, as a rule, more actively monitor the content. This, in turn, will increase the popularity of their rewards (VEO Tokens), which can be used to make purchases on the spot.

OUR TECHNOLOGY

Viewo uses graphics processor servers in conjunction with our specialized software technologies for video and video on-air and on-demand. This allows us to deliver content at an incredible speed. This technology is called Ultra Low Latency Streaming, which we would like to call an instant video playback without a buffer. This allows us to provide the world's fastest solution for high-speed streaming.

In real time, we can broadcast live broadcasts with localized ads that are embedded in the video stream, and block pop-up blockers from removing ads.

Our powerful servers can switch from GPU to CPU based on our need for streaming. We can encode video on the fly, so that the content is immediately reproduced after download; no more delays, for example, on the sites of competitors.

Editing software that uses AI technology so that content producers can improve the video.

The custom technology of micropayments outside the network, integrated with a web purse.

Members of the ecosystem

The following participants will be awarded the VEO tokens on a weekly basis, according to

mathematical formulas shown in Section 4:

Content curators: defined as component parts that upload video to the network

Content supporters: defined as component parts that exchange video through encoded references

Moderators: defined as component parts that check the rating of the video and patrol the network for manipulators and participants trying to "play" the system

Video commentators: defined as participants who comment on a video

Supporters of video: defined as voters who choose a rating of 1-5 stars on video

Observers for the video without any other actions: defined as components that look at least 1/3 of the video.

Ethereum and micropayments

Viewo chose to work with Ethereum to create its own network based on the blockbuster. Ethereum is a crypto currency developed by Bitkoyn's former programmer Vitalik Buterin. It came out live in 2015 and is a public open source platform based on the block chain (peer-to-peer), a decentralized platform that runs applications in the form of smart contracts based on code (scripts), which is essentially a programming language which automates the execution of tasks that were otherwise performed manually.

Ethereum is not just an alternative method of payment; rather, it monetizes its own development to allow developers to create and run applications,

In practice this means that when SmartContract is launched on Ethereum, it is paid for Ether, cryptocurrency tokens, which affect the application of the decentralized network. The platform customers essentially pay to the platform to run the application. Not all software based SmartContracts are the same (some require more processing power) and, therefore, cost more ether.

The problem with micropayments on Ethereum

The problem that any company faces when using a marker is that the transaction costs (gas fees) do not depend on the amount sent. This means that the user can execute a transaction of $ 0.25, and the seller may have to pay gas at an ETH cost of $ 0.15. This is not a viable solution.

The creators of Viewo have developed a solution: the technology of payment channels with a built-in purse. This technology allows users to make transactions without passing all transactions to a block chain. This allows instant, quick and free use of ERK20 (the Ethereum Token standard) based on tokens. As for transaction costs, this means that unlimited payment transactions can take place without high commission fees for gas. All transactions come from a chain of blocks .

Then the payment channel groups all the funds together, so the block chain sees only two transactions:

Opening a channel

Closing the channel

With current ETH costs, the payment channel becomes economical for 10 or more transactions. Viewo has written a payment algorithm that can switch from a normal transaction to a payment channel using our own ERC20 integrated wallets system (see 2.3 below).

The Viewo off-chain transfers are instantaneous; As soon as someone receives a transfer outside the network, the transferred value now belongs to that person.

This is very different from the transmission on the chain, which depends on the time of blocking and the time spent by miners to select a transaction from the pool of pending transactions.

Purse

At the time of this writing, a web wallet that supports conventional payment and payment channels does not exist for general use.

Viewo has developed an integrated Internet-based purse system for our ERC20-based markers, VEO tokens, which will work with virtually all ERC20-compatible wallets (purses that support tokens issued on the Ethereum block chain).

Viewo wallet is one of the first Ethereum wallets systems supporting payment channels. Our wallet is based on a browser and lives in an iframe, allowing users to access it on all devices and without having to download the browser extension and store secret keys encrypted in the local browser store.

The payment channel Viewo uses Ethereum's own security, only their senders and recipients are identified by their private keys, which allows them to interact with their channel, both over the chain and over the network.

Transaction Confidentiality

Because micropayments are performed outside the network, token transfers are private. Balances are hidden from the public until the payment channel is settled, which means that it is very difficult to track transactions through the chain. This will save the viewing of users' videos in private.

Security

Viewo will use AES encryption to store wallet data with passwords to store all private keys. AES (advanced encryption technology) is called the "gold standard" of encryption and has been the standard of the federal government since 2002. It is also the most popular algorithm used in symmetric key cryptography, which is used to transfer SSL and TLS data.

Viewo Wallet - ease of use

The Viewo team understands that most existing wallets are great for technicians, but confuse for ordinary users; as such, the Viewo wallet system will be designed with simplicity.

VEO tokens will be stored in an integrated, user-friendly digital wallet, created or marked in white

Viewo, where users can see their balance in real time both on the Internet and through the Viewo application, which will be available both on Android and iOS devices . Users will also be able to send VEO tokens to other Viewo users via the online wallet system and the application.

VEO token campaign

Viewo currently has 2,000,000,000 pre-released VEO tokens. 564,062,500 VEO Tokens will be issued during a private sale, pre-sale and sale of tokens. No new VEO tokens will ever be created.

As reported in Forbes, the popularity (and success) of selling tokens with the start-up financing was on a "meteoric rise", with almost $ 2.3 billion. The United States was attracted through campaigns to sell tokens, most of which took place in the first half of 2017.

Details of the token:

Just send ETH directly from a private wallet, such as MyEtherWallet, Parity, Ledger, etc.

Install gas to 250,000

Do not send ETH from stock exchanges, including, but not limited to, Coinbase, Poloniex, Bittrex, etc.

Campaign dates and pricing model

Expected pre-sale dates: November 10, 2018 to December 10, 2018

Expected token of the main folds: December 11, 2018 to January 11, 2019

Token evaluation model:

Distribution of VEO tokens

Advisor Transcription: advisers will be liable for at least 3 months from the last day of the sale of the token.

Founder constituent group : The constituent group will be subject to a 20-month general period, with 5% of all founder tokens being unlocked per month.

The remaining number of unreleased tokens after the sale of the tokens will be distributed weekly for active users of the platform for 10 years, minimum.

The release rate of VEO Token depends on the number of actions and the verified users.

As the number of actions and verified users increase, the number of tokens that will be released every week will also increase (although not necessarily in the same proportion).

The number of actions is proportional to the number of verified users.

It is expected that the number of users will grow exponentially, rather than linearly.

Viewo wants to give an advantage to early users, which means that the release rate of tokens will be slower than the speed of new users in the system.

Distribution of weekly distribution

The Viewo premises is that participants are rewarded for any actions performed in the ecosystem. This includes downloading videos, providing MOOC, selling private content and even just watching someone else's video.

Below is a diagram showing the general breakdown of the distribution of tokens per action. Each section of the pie chart has its own unique formula, which we will not disclose here to avoid any attempts to manipulate the system. However, we will share a common way of determining the distribution of tokens within each group.

Road map

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