Metis CEG Program: CVP Episode 15 vote: FavorTube

Yet another exciting episode of our great CEG program that aims in giving the community the power to vote on Metis partnerships, we are pleased to present to the community an awesome Project and a candidate of this episode's VCP, Following an interesting and educative broadcast on our CEG Governance Youtube, We Present:

FavorTube, the first fully decentralised Web3 application capable of real-time online HD video playback by implementing a decentralised content distribution acceleration network upon IPFS. It empowers Web3 content business by featuring full life-cycle services, such as early stage fundraising, on-chain subscription, revenue distribution, etc. It connects content creators, consumers, fans, and token holders on the same decentralised platform. All parties are involved in building the FavorTube ecosystem and get rewards and benefits in the circle.

FavorTube is a Web3 application built with IPFS and other blockchain technologies, which ensures privacy and service reliability. Unlike centralised services, such as youtube, who can ban user accounts and delete user contents, it is governed by a DAO system built within FavorTube and leaves the power to the contributors of FavorTube.

FavorTube uses computational subchains for high-performance, low-cost storage and content distribution, and meets the needs of consumer-grade applications through FavorNetwork, a multicast-capable P2P network built above IPFS. It is able to empower developers to build Dapps that deliver a smooth user experience like Youtube, Onlyfans, etc.

FavorTube is now built on Metis. Users can connect to FavorTube through Metis network. After connecting with Metis wallets, users are able to create channels, publish contents, subscribe channels and enjoy contents.

FavorToken, FVT provides utility for;

• Payment: subscription fees, storage fees, data traffic fees, crowdfunding
• Revenue: rewards and profit sharing
• Staking: Channel creation, Node staking, Auditor staking, DAO governance staking
• Burning Mechanism: FavorTube earn 10% of subscription fee, DAO will determine how to burn.

Satisfied with the experience FavorTube brings to our Ecosystem? Let your vote speak!

Built for the people, run by the people.

-Team Metis