Yurix

YURIX is a platform and token set to revolutionize how you watch videos online. It is essentially a video sharing platform that rewards the viewer every time they watch commercials. When you watch sponsor’s ads, a fraction of the money advertisers pay is given to you in form of coins (Yuri tokens) generated into your wallet on the platform.

PROS:

1.    A POV (Proof Of View) feature ensures that advertisers get value for their money. Viewers are only paid when users deliberately choose to watch the videos. It is not possible for viewers to cheat the system.

2.    Unlike conventional video viewing platforms, Yurix gives viewers the freedom to choose whether to watch the ads on not. If a viewer chooses NO, he or she will be allowed to watch the video without any further interruption.

3.    Besides getting paid for watching sponsor’s ad. Videos, viewers have the option of posting videos provided such a person allows the platform to place adverts on the same. This option entitles the owner of the video to 45 % of revenue paid by advertisers.

4.    Yurix (YRI) token provides a completely enclosed economy that is strictly connected to the block chain transactions. Consequently, there is no room for fraud since all transactions are transparent.

5.    Smart Contract linked to the upload of all the data on the platform ensures that everything stored will remain permanent.

6.    Advertisers are assured of effective advertising. The platform gives them data on views received by the various ads as captured by token tracking reports. This allows the advertiser to modify/retarget ineffective ads. 

7.    Yurix allows advertisers to take advantage of the beauty, simplicity, and immutability of ERC20 Token Smart contract.

8.    The platform will in future benefit third-party websites. While the YRI tokens will initially be on the YURIX site, plans are underway to extend the same to other sites that will accept to post YURIX video.

CONS:

1.    The platform does not allow users to buy YRX tokens using fiat money. YURIX clearly specifies that it has no plans of introducing the same.

2.    YURIX only rewards video ad viewers and not consumers of other forms of adverts.

3.    The platform does not specify the types of videos that it accepts. 

SUGGESTIONS:

1.    Yurix should consider introducing the remaining five common cryptocurrencies as well as fiat money so token buyers a broader selection of payment forms to choose from.

2.    The platform should include all types of adverts to cater for the taste and preferences of all everyone.

3.    It should also clearly specify the type videos that it accepts. This will save producers time and protect some viewers from inappropriate content.