Popchest: A decentralized video platform built on the Ethereum network
The Popchest network is making a great buzz in the video sharing community as it gets ready for its beta launch next week.
It's white paper states that it is a fully decentralized approach to monetized video distribution using direct micropayments and token incentives instead of relying on advertising and paid subscriptions. This ecosystem is going to give content creators and the viewers more freedom over their online video viewing and video sharing experience. You have more choice to make long tail content more accessible. This network also allows deeper connections with Creators to form, and ensure the people making up the network share in the tokenized value they create rather than having that value funnelled to massive, centralized corporations. In the same way Bitcoin, peer-to-peer electronic cash, forces a profound re-examination of the modern financial system, The Pop Network may ultimately be a tectonic shift in how humans create, distribute, and consume media.