Viewly purports to be a decentralized video platform powered by the blockchain and peer-to-peer video sharing. The domain was registered by one Daniel West on the 31st day of July, 2012. Viewly can be described as an ICO lending Ponzi.
In as much Viewly tried to list some persons as admins of the website, some of the profiles listed on the platform seem not to be connected to real people. The admins are largely anonymous. As at the time of this report Public token sale will end in 13 days time.
Some of the information displayed on the website which you need to see includes:
TOKEN SALE: 20 FEB – 22 MAR
Token type: ERC20
ICO Token Price: 1 VIEW = 0.45 USD
Fundraising Goal: 12,000,000 USD
Total Tokens: 100,000,000
Available for Token Sale: 30%
Whitelist: YES (1 FEB – 20 FEB, JOIN )
Know Your Customer (KYC): YES
Min/Max Personal Cap: 0.1 ETH / TBA
Token Issue: AFTER THE TOKEN SALE
Accepts: ETH, BTC, EOS
“Viewly uses VIEW tokens to incentivize people with extra storage and bandwidth capacity to participate in Viewly peer-to-peer content delivery network (P2P CDN). By running Viewly nodes that host and stream videos, anyone can utilize his or her redundant resources and get rewarded with VIEW tokens.
Viewly reserves a share of VIEW tokens for community projects, providing opportunities for community members to get involved in marketing, development or support of the platform. After a project proposal is submitted, a transparent, on-chain voting decides which projects get the green light. Anyone holding VIEW tokens will be able to participate in the voting process and help Viewly evolve in the right direction.”
The fact is that View.ly pay ROI to its members. There is however no evidence of any business done by Viewly to generate profit to pay them.
The only verifiable source of income entering View.ly is funds from new affilates and using money from new members to pay old members makes a scheme a Ponzi scheme. A ponzi scheme folds or winds up once there is a reduction in the number of new affiliates investment.
Do you want to access, register or login to Viewly website ..?? Click link below: