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      "body": "In the digital age, it is extraordinarily easy for an artist or musician to send a file to their audience. I could make a song on my laptop, or shoot a video on my phone, and send it to you, for free, a dozen different ways, in seconds. Media distribution is a solved problem. It doesn't require a tech company or a studio. \n\n![image1.png](https://steemitimages.com/DQmX1w4x8ZC2SdRp5PMs4m4DsvoY5FER7jtdGNqEJ1NrX1X/image1.png)\n\nDo you remember Napster? Napster is what happens when you solve the distribution problem really well, and forget about the payment problem. The advantage of this system is that copyright lawyers get plenty of work.\n\nNapster and services like it were the dominant way to get music around 2003-4. Then iTunes surprised everybody by showing that customers were actually willing to pay for media; it just needed to be made simple. iTunes made songs available for $0.99 each and revolutionized the music industry.\n\nThe dominant business models for online video now are advertising, and subscription video on demand (SVOD). Do we need an in-depth critique of advertising as a business model? Can we just all agree that we hate it? Viewers don't like it, because it interrupts their enjoyment. Artists don't like it, because their art is put next to commercial jabbering.\n\nIt has driven scary and pervasive surveillance capitalism by companies like Google and Facebook. And it has caused the quality of content to spiral down into clickbait. My definition of clickbait is content that delivers what the advertiser wants (i.e. more page views) while screwing over the customer. This is bound to happen when the advertiser bankrolls the whole production.\n\nNetflix is the major success story of the SVOD model. Netflix users pay about $10 per month, in exchange for which they get unrestricted access to all of Netflix’s content. The good thing about this model is that it shows that people are in fact willing to pay for content; content doesn’t have to be pirated or ad-supported. The user is bankrolling it, so the studio is incentivized to satisfy them with quality. The disadvantage is that subscribing is an all-or-nothing proposition, and people have no interest in 90% of the shows they paying to watch.\n\nWe propose micropayments as a third way. The viewers simply send money directly to the content creator, in exchange for the digital file. The viewer has fine-grained control over where their money goes, and the content creator has a direct connection with his/her audience. Neither of them have to endure an advertiser - the advertiser is cut out - and so we avoid the clickbait problem.\n\nMicropayments can provide the best experience for users; ad-free, with voluntary control, and cheap. Netflix and other SVOD services proved that people will pay about $10 a month. A heavy user of the POP Network might watch a couple of dozen videos per day, paying a cent or two for each (or fraction thereof), potentially landing them in the region of $10 a month, which we know people will pay (especially for content they actually want to watch).\n\nI repeat: sending video in the 21st century is the simplest thing in the world. One guy makes a video, sends it down the tubes, and another guy watches it. It can, and should, be that simple. The only trick is to send money along with it; that has been made possible with the advent of cryptocurrency. Cryptocurrency is code, and it is also money. This makes it possible for the first time to treat money the same as any other piece of code, transferring it along with the media file. \n\n![image2.png](https://steemitimages.com/DQmQGfBezevDisYoHhrHnzLiZwdDPsRUfKMTJK8oXXhTUPF/image2.png)\n*The artist does his art, the audience gives a bit of money. This is the simplest, and best economic model. There is no middleman except for maybe a little dog.*\n\nThat’s what we’re building at PopChest: a simple interface to upload and stream video, with micropayments straight from the customer to the artist baked right into the code. There is no need to rely either on a company like YouTube, nor on a payment processor like a bank. Payments of a penny or less can be sent with minimal friction and fees from the viewer’s cryptocurrency wallet directly to the artist. \n\n![image3.png](https://steemitimages.com/DQmSkj3hYz1N1t8jr5UMt1MfCQRvBhBHkHZv6rMVmz4Y8Lf/image3.png)\n\nThis not only means more money for artists, with fewer hands in their pockets, it also changes the social scene. Creators and fans have a direct financial relationship. The audience hold the pursestrings. Compare this to YouTube, where the platform can cut off the creator’s funding, and the money ultimately comes from some outfit that’s hawking soap or whatever. The audience pays for content they like, and doesn’t pay for content they don’t like, and this gives the audience more power than they’ve ever had before. They have direct control over what gets funded.",
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      "body": "Excellent work! You should seriously consider becoming a POP Partner at launch :) https://popchest.com/partner",
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      "body": "I was a full time YouTuber for 6 years and they cut my pay to nothing now.\n\nI moved all my videos on all three channels to DIY Tube Video Community.\n\nThey pay DIYT, a cryptocurrency for minutes viewed, thumbs up, comments and more.\n\nThe pay is up to $10 per thousand video views which is more than double what YouTube ever paid me, even at the best of times.\n\nYou can find them here: http://www.diytube.video",
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      "body": "Video streaming is taking over our culture. At a family barbeque recently, I asked my friend's son, a kid of seven or eight, what he wants to be when he grows up. He answered with one word: \"YouTuber.\" \n\nOne report estimated that 80% of web traffic will be video by 2019. Video is not only swallowing up the web, it’s killing television. At the Emmy awards in 2017, four of the seven nominees for best drama were only available online. No one doubts that this trend will continue until television goes the way of the telegram.\n\nMeanwhile, blockchain is booming. Money and brainpower galore is being poured into building blockchain apps for every imaginable purpose, because, while Ethereum and Bitcoin work great, they're just the foundation. You need to build on the foundation. Blockchain can disrupt advertising, ecommerce, the sharing economy, and more, but not until it's got solid apps on top of it. \n\nMy background is in television (I was an editor of MTV's The Real World). The TV industry works like this: creative people with no money meet studio execs with plenty of money but no creativity. The studio execs front the money, water down the idea, and take the biggest slice of pie. A blockchain-driven video platform can cut out the studio middlemen, and allow content creators to get paid directly by their audience.\n\nThere are basically two business models for online video - some platforms are funded by advertising (like YouTube), and some are funded by subscription (like Netflix).\n\nIn 2005, YouTube shook up movies and television with the promise of a user-generated content ecosystem. YouTube's real strength is how easily it lets the Average Joe (or Jo) upload and publish video. This made it a great place to find obscure and niche content; no broadcast television network or film studio would have accepted a video on how to make a leather quiver for mounted archery. But economically it’s a different story. \n\nIt’s easy to publish your videos on YouTube, but it’s hard to make anything like minimum wage doing that. Payouts to content creators vary, but $0.001 per view is typical. This means that if you spend an average of an hour making a video, you need to consistently hit 10,000 views to earn $10 an hour. And well-produced, well-edited videos usually take much more than an hour to make. \n\nYouTubers are at the mercy of the platform’s owners, who can 'de-monetize' their videos without warning. There are many cases of YouTube channels being de-monetized for capricious reasons. \n\nViewers are obviously unhappy with ads too. One-third of Europeans, and about two-thirds of users in India and China, use adblocking software. And the number using adblockers is rising every year. This might be a mortal threat to the future of this business model. How can web video adapt if, five years from now, 90% of people block ads?\n\nNetflix, Hulu, and others offer a flat monthly fee as an alternative to ads, and have been one of the biggest success stories in tech. YouTube’s ads remind you about its business model every few seconds, whereas with Netflix, you only have to think about it once a month. However, subscription-based platforms sacrifice the strength of YouTube; there are a lot of gatekeepers to get past if you want your video on there. It's more like a studio. Again, the creators are at the mercy of a centralized entity, but in a different way.\n\nSo we have studios, that work for the execs, but not the creators, and are being gobbled up by the web anyway. We have advertising-based platforms, which work for the advertisers, but annoy the viewers, starve the creators, and are being gobbled up by adblockers. And we have subscription-based platforms, which work for the owners and the viewers, but are mostly closed to the creators. \n\nEnter blockchain. The blockchain was conceived of as “a peer-to-peer electronic cash system”. It promises a world without middlemen. When I learned about it, after years working in television, the application was obvious. Blockchain can be used to send payments directly to the creator; there’s no need for an advertiser to put up the cash, nor for a company to collect the subscription fee.\n\nThe POP Network is a video streaming network monetized by blockchain. Note that word ‘network’ - it is not a centralized company that money passes through. Viewers on the POP Network have a cryptocurrency wallet, and can pay creators directly in cryptocurrency for videos they like. Viewers can either buy the POP token or earn it online by curating network content or helping encode videos. Viewers get an ad-free experience, and content creators will get about $0.01 per view, ten times as much as on YouTube. It’s a system that works for everyone - except advertisers!",
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      "body": "Hello everyone, it’s been a while since I’ve posted (we’ve been busy!), but I wanted to let all of you know about our Partnership Program for content creators! The goal is to encourage video makers to join the POP Network as early members. If selected, your videos will be featured on the platform when we launch this summer. Compensation and tokens can be awarded in addition to the tokens earned by sharing content on the platform. Visit our website for details on how to get involved: https://PopChest.com/\n\n### About POP Network\n\nPOP Network, created by PopChest, is a blockchain-based, peer-to-peer video sharing platform that rewards content creators for their work and provides ad-free experiences for viewers. With decentralized video storage and streaming, POP Network aims to eliminate reliance on 3rd party distributors and hosting platforms. POP Network removes the need for advertisers from digital entertainment by enabling transactions in micropayments directly between creators and viewers and empowers both creators and fans to earn rewards for their contributions.\n\n### Benefits to CREATORS\n\nIf you’re a creator, you’re probably familiar with the challenges of getting your work “out there.” Streaming services, such as Apple’s iMovie, Amazon, and Hulu, are incredibly difficult to break into, and tend to accept more mainstream, commercial content. Digital distribution platforms such as YouTube have their own tyrannies, most notably, creators are ultimately beholden to advertisers for compensation instead of to their audience.\n\nBy building a platform that is truly peer-to-peer, we empower creators to connect directly with interested fans and earn rewards through POP Token micropayments, eliminating the need for expensive subscriptions and reliance on ad dollars.\n\n### Benefits to VIEWERS\n\nIf you’re a fan, you’re probably immensely frustrated by the constant advertisements interrupting your online viewing experience. Many of you probably use ad blockers to get around this disruption. Equally aggravating are the price tags associated with paid subscription services. If you only really like Game of Thrones on HBO, it feels a bit unfair to have to pay $15/month for a subscription that covers a bunch of content you don’t watch.\n\nWhen POP Network launches its blockchain-based platform this summer, you’ll be able to watch exactly what you enjoy ad-free and support your favorite creators with micropayments. There are other ways for you to earn rewards as well, such as curating and sharing your favorite content and enabling your device to participate in serving video content on the distributed network.\n\nAdditionally, you may find content on POP not available anywhere else. Are you a fan of Korean soap operas? A refugee’s personal documentary? Indie films not picked up by any of the big streaming services? You just might find them on POP.\n\n### Join us!\n\nOur hope is that creators and fans of diverse interests find communities within the greater POP network and can support each other to keep creating and enjoying thought-provoking, heartfelt, inspiring, and imaginative content.\n\n[Follow us](https://t.me/popnetwork) to stay up-to-date on our developments, and, if you’re a creator, we hope you’ll [join our artist program](https://PopChest.com)!",
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