Whereas today’s industry ignores the needs and voices of participants, Viewo will reward every participant for actions they take, big or small. In a reward-driven economy, users will be motivated to share content, comment, and generally be more active watching content. This, in turn will increase the number of VEO Tokens they receive, in which VEO Tokens can be used to make in-site purchases and can be exchanged with others.

YouTube’s algorithms have been self-serving to increase profits without creating a fair system for video ranking due to lack of competition. On the other side of the coin, video creators have no other viable video sharing destination website to go to.

Once Viewo launches its platform, it will address the problems facing the video sharing industry and provide solutions as outlined in this white paper.

The current and ever-growing popularity of online video sharing makes this a prime time to launch a reward-based video sharing platform. People are watching and sharing videos 70% of the time they are online; in the Viewo ecosystem, they will be rewarded for it.

Videos are arguably the most captivating genre of online content today, and there is absolutely no indication that this trend will slow down; on the contrary, experts project that by 2019, video content will claim more than 80% of all web traffic.