UUNIO wants its service to threaten YouTube, since some content creators receive only $ 500, even if they accumulate a million visits. It also opposes Internet giants such as Facebook, which makes billions of dollars a year through personal data and advertising, a wealth that is never shared with its users. Copyright infringement is also a problem since novice artists often discover that their work has been stolen by other accounts.
But perhaps the most interesting thing is the UUNIO project to challenge other payment chain platforms for online publishing, and Steemit is one of the networks the company is considering.
According to UUNIO, Steemit's upvoting system is flawed because the power exercised by a single vote is determined by the money held in a user's account. The company says that small content creators struggle to earn a decent salary unless their work is recognized by a "whale", a person with significant power from Steem. To complicate the problem, Steemit only pays rewards for the first seven days of message delivery, which means that creators of evergreen viral content risk losing years of revenue.
UUNIO's answer is to give everyone the same right to vote, eliminating the risk of voting on their own and ensuring that some users can not control the fate of many thousands more. The company says that a large part of its community should work together to abuse the system, which would reduce the possibilities of manipulation. His platform would also eliminate the concept of a compensation period, and UUNIO put forward the fanciful idea that creators could use annual profits in a timeless content for a pension.
Over time, the start-up hopes to build "a new world where many creators can be completely rewarded", with a market where content can be bought and sold without commission.
A set of decentralized applications.
UUNIO would be supported by a set of other decentralized applications (d-Apps) that aim to undermine online journals, the news world, and investments in ICO.
A cryptocurrency wallet called CLET would be used to deposit and withdraw UUNIO tokens, as well as to be duplicated as an exchange. After its launch in August, the company also hopes that it will become a "full ICO platform" in which investors will be able to participate in initial currency offers or simply transfer coins to friends.
Another application called UUNIREVIEW aims to remedy the dishonesty observed in some online testimonials, the company promising "honest criticism without interference from sponsors". Users would receive rewards every time they write a review, good or bad, and the startup hoped that this transparency would give consumers the "frank and useful information they need" to make purchasing decisions.
This would be complemented by UUNIPRESS, which would go hand in hand with the media who create "exaggerated articles to get more traffic". The company expects this platform to be home to reliable news articles, with authors being rewarded with tokens for "accurate and insightful content."