I met Hive account@furion a few months ago at a crypto conference in Bucharest. I remember that Hive account@ned was supposed to come, but at that time there were still some "domestic challenges" with Hive account@dan (eventually solved, as we all know) so Hive account@furion came. We spent a lot of time together, learned about each other past (present and future, also) and exchanged ideas.

That's why I decided to give view.ly, his video sharing project, my undiscriminated attention.

What's View.ly About

View.ly aims at being a decentralized video sharing service. What Steemit is for Reddit, View.ly might be for YouTube. Here are a few interesting differences, though:

• view.ly won't store videos on the blockchain, there will be a separate hosting marketplace for that (in my understanding, something like IPFS, or Storj, or Siacoin)
• view.ly won't be an app on top of Steemit (like, for instance, busy.org, or chainbb.com), the only thing that will be used by view.ly will be the actual blocks generation (and the underlying consensus engine). It will store there only the merkle root hashes and video meta data, and I expect that to be done using a custom_json operation, so it won't tamper with the public content displayed by the Steem blockchain
• there won't be a common rewards pool, like it is in Steemit. Instead, each user will have his own reward pool, and each vote will distribute from that reward pool to the content upvoted. Sort of like tipping on steroids.
• uploading will be free
• the view.ly token will be named VIEW
• there will be only 100 million VIEW tokens, out of which 10% will be distributed in an ICO, for 4000 ETH.

In a nutshell, these are the most important points about View.ly. It may look like just a little bit, but behind each bullet point there is a lot of work and, most importantly, a lot of experience coming from somebody who has experience both in video sharing and blockchain.

All in all, View.ly is on my short list of ICOs (a list which contains 3 items, at most) and also one of the projects I'm really closely watching.

Wishing all the best to Hive account@furion and the team!

If you want to sign up for updates, you can do it by following this link.

Disclaimer: both links in this post are affiliate links, which means I'm part of the bounty program View.ly launched. With or without this program, my opinions on the project and its leader are still the same.

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I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me Hive account@dragosroua.

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You can also vote for me as witness here:
https://steemit.com/~witnesses

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If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):

• Rewards: Were Does The Money Come From?
• Netiquette: How To Avoid Being A Steem Douche?
• Witnesses: What Are They And Why Should You Care?
• How Can I Mine Steem And What CPU / GPU Power Do I Need For That?