[ANN][POW/POS/Masternodes] DIY Tube Video Pays For Video Views & Comments

[DIY Tube Video 239]

ANNOUNCEMENT: One of the mining pools has broken and we have removed it from our coin site. We now have our own official DIY Tube Coin mining pool.

 

Please use only the pools listed on DIY Tube Coin webpage or you will be wasting your time.

 

https://www.diytubecoin.com/Mining-Pools.html

[DIY Tube Video 239]

DIY Tube has its own official discussion forum. You can ask questions about DIY Tube, our blockchain and DIYT Coins or give us suggestions for improvements.

 

Not sure if I can post the link here but its on the bottom of DIY Tube Video homepage.

[DIY Tube Video 239]

DIY Tube Video Community now has three parallel video processors. This means that at any given time three servers are processing video uploads day and night.

 

DIY Tube is growing and more new content is being uploaded daily. Now members can upload multiple videos at a time without waiting.

[Atique 512]

Hi guys, I'm new to this site, so I'm learning to work on a fresh basis. If you know this topic correctly, comment on the comment. Everyone will benefit.

[zxheejhei 201]

It looks like Library Credits.

 

Take a look at this:

 

https://lbry.com/what

[Sabba092 115]

On 9/29/2019 at 1:03 AM, DIY Tube Video said:

DIY Tube is a Video Sharing Community Which Pays Everyone For Activities. Including POW/POS/Masternodes.

Get Paid For Video Views, Comments, And Interactions In The DIY Tube Community

WEBSITE DIY TUBE VIDEOS| WEBSITE DIY TUBE COIN| ANN THREAD|  WHITEPAPER|  FACEBOOK|    TWITTER|   REDDIT|    MEDIUM|   LINKEDIN| TELEGRAM| 

DIY Tube Coin Mining & Masternodes

DIY Tube Coin is a POW mineable coin using GPUs as well as with POS masternodes and, later, POS wallet holders.

GPU POW miners will receive 30% of the block rewards in the first year, which is about 300,000 DIYT Coins/month, or about $30,000. This reward will later increase with time. The initial limit is set so that POW miners cannot mine too many DIYT Coins when the difficulty is easier at the start.

 

POS Masternode holders will receive 70% of each block reward, about 700,000 DIYT Coins per month at $70,000 in value.

With an initial price of DIYT Coins set at $0.10 US, masternodes will receive the following rewards:

* 10 Masternode holders, each Masternode receives 70,000 DIYT worth $7,000 per month.

* 100 Masternode holders, each Masternode receives 7,000 DIYT worth $700 per month.

* 1,000 Masternode holders, each Masternode receives 700 DIYT worth $70 per month.

 

With a value of $1.00 US per DIYT Coin, masternodes will receive the following rewards:

* 10 Masternode holders, each Masternode receives 70,000 DIYT worth $70,000 per month.

* 100 Masternode holders, each Masternode receives 7,000 DIYT worth $7000 per month.

* 1,000 Masternode holders, each Masternode receives 700 DIYT worth $700 per month.

 

Of course, DIYT Coins will fluctuate with the economy so the numbers above can vary with time.

It is doubtful that DIYT Coins can decrease in value below their original set price because of the utility inside the DIY Tube Video Community and the prices set for products purchased using DIYT Coins. The cost in the number of DIYT Coins for purchases inside DIY Tube will reduce as the value of DIYT Coins increases. The opposite is also true down to a mininum of $0.10 per DIYT, which is the baseline value set inside DIY Tube Video Community.

 

What Is DIY Tube Coin

DIY Tube Coin is a form of cryptocurrency which is paid to people for interacting
on DIY Tube Video Community site.

Video creators are paid DIY Tube Coins (DIYT) for minutes played and interaction with their videos. Commentors are paid based on the popularity of their comments. Everyone earns DIY Tube Coins in the DIY Tube Video Community. Payments are made every 24 hours. Make a comment today and see your earnings grow tomorrow.

DIY Tube Coins (DIYT) can be used inside the DIY Tube Video Community for perks and upgrades on the site. Coins can be used to promote your video or channel onto the homepage. DIYT can be traded or given to other members as a tip or as a thank you for a shout out video. Soon it will be possible to trade DIYT Coins for merchandise inside the DIY Tube Video Community. Also planned is the ability to purchase DIYT Coins for use inside the community. This will allow members to either earn their DIYT or, if they prefer not to wait, purchase coins to be used for perks and upgrades inside DIY Tube.

Soon, DIY Tube Coins will be able to be traded out of the DIY Tube Video Community onto our own DIY Tube blockchain. Once the blockchain is completed members will be able to buy/sell/trade DIYT Coins on coin exchanges.

 

Why Is DIY Tube Coin Needed

DIY Tube Coin is necessary in order to allow for a borderless payments system to content creators around the World, without the need for the expense of bank transfer fees, bank exchange fees and the accounting nightmare associated with paying members in fiat currency.

Originally DIY Tube Video Community was going to use a revenue sharing plan like YouTube, with a 50/50 split of all ad revenue generated on the site. But this would require a huge accounting team along with added expenses, which would reduce the amount that we could share with our content creators. There are other reasons as well (see below).

To pay content creators in their various countries, DIY Tube would have to first find a bank which would allow millions of transactions a month. Then DIY Tube would have to pay the millions of direct deposit or wire fees. There would be exchange fees on top of this to trade USD into the home currency of the content creator. Then there would be the accounting nightmare of sending out tax forms at the end of the year in each country's language and official tax forms. All of this would require a huge office complex with hundreds, or even thousands, of employees just to send out payments each month.

DIY Tube Coin removes all of these barriors and allows us to pay members for their activies on DIY Tube Video Community platform with no cost to DIY Tube or the content creators.

DIY Tube Video Origins

DIY Tube Video Community formed back in November 2017 when the Troy, the founder, had a feeling that YouTube was going to take a major negative turn. Payments from YT were slowly diminishing over the past two years already so people felt that something was in the air. Some lawsuits against YT were going on and many content creators were seeking somewhere else to host their work.

Troy owns The Do It Yourself World LLC, plus a website and YT channel with the same name. The Do It Yourself World channel has over 100,000 subscribers even now (May 2018). But with constantly reduced payments for the same work, it was soon not going to be enough to live on. So the idea of DIY Tube Video Community was formed. The original idea was to have ads playing on the videos and share 50% of all ad revenue with content creators. But getting ads requires a lot of traffic and some time behind you. Time was not on our side since YT was making even more major changes in the way they paid people. The accounting would also be a nightmare for a startup company to pay people in different countries around the world.

From these issues the idea of DIY Tube Coin and our own blockchain was born. With our own blockchain and DIYT Coins, there is some more flexibility and the idea came up to reward all members for activity on the site. Since cryptocurrency has no borders, people around the globe can be paid with much less accounting to deal with. The idea of a virtual wallet inside the website further reduces accounting issues. Virtual transactions can occur every day with no costs or fees. Only when the coins are taken out onto blockchain is a taxable transaction taking place (Depending on the tax laws on cryptocurrency in your own local government).

Members are paid in DIYT Coins every 24 hours for activities on the site. Content creators are paid for video views and thumbs up. Members who leave comments are paid for their comments and thumbs up. Now, if you make a comment today, you will be paid tomorrow.

Since the founding of DIY Tube Video Community, the team has grown to include a developer, beta tester and computer tech, blockchain developer and more.

 

The DIY Tube Community team is constantly improving the site and adding functionality and perks to the community pages. Some plans are for an integrated blog, live streaming, live chat and possibly a newsletter.

So join DIY Tube today and lets grow together.

Join DIY Tube

 

DIY Tube Blockchain & Coin

 

The DIY Tube Blockchain And DIYT Coin Will Soon Be Released To The Public.

 

Coin Name: DIY Tube Coin

Coin Symbol: DIYT

Coin Decimals: 8

Coin Supply: Max 500 Million DIYT

Coin Mining: POW/POS/Masternode

 

Block Reward: 50 DIYT

Block Time: 2 Minutes

1st Year Rewards: Miners (POW) 30%, Masternodes (POS) 70%

2nd Year Rewards: Miners (POW) 35%, Masternodes (POS) 65%

3rd Year Rewards: Miners (POW) 40%, Masternodes (POS) 60%

4th Year Rewards: Miners (POW) 40%, Masternodes (POS) 60%

 

After Year 4, POW Mining Ends. We Enter Wallet And Masternode POS Only.

5th Year On Rewards: Holder Wallets 40%, Masternodes 60%

 

Block Rewards Halve Every Four Years.

 

Masternodes Require 40,000 DIYT. Wallet Holders Require Min 10,000 DIYT

 

Estimated Blockchain Launch Date: Oct 10, 2019

 

No Developers Fees. No Blockchain Fees. No Transaction Fees.

The DIY Tube Team Will Mint 5 Million Coins On The First Block. Immediately After The First Block, The Blockchain Will Be Released To The Public To Allow For Fair Mining. 1 Million DIYT Are Necessary To Pay Existing Members Of The DIY Tube Video Community For Their Earnings Over The Past Two Years. 4 Million DIYT Will Be Used As A Fund Raiser In The Sale Of Masternodes.

There Will Be Only Four Original Masternodes To Ensure A Stable Blockchain In The Beginning. One Each For The Top Three Partners And One For DIY Tube Video Community Rewards Wallet. The Issue Of 40K DIYT Each Is The Only Reward To The Founding Partners. The Rest Of The 4 Million Coins Are To Be Sold Entirely To Masternode Holders To Ensure Fair Distribution Of Rewards.

The Masternode For DIY Tube Will Collect Rewards For Payment To Members In The DIY Tube Video Community For Their Video Views And Activities On The Website. To Ensure Coin Cycle Inside DIY Tube, Coins Can Be Used For The Promotion Of A Channel Or Video. Advertisers Can Use DIYT Coins To Pay For Advertisements. Members Can Tip Other Members. Viewers Can Donate To Their Favorite Channels. There Is A Planned Online Store Which Will Use DIYT Coins As Payment For Merchanside. Other Uses For DIYT Coin Are Planned.

 

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Welcome to DIYTUBE|  
Diytube Blockchain Info|  
Video Storage in the Cloud|  

This is a great coin and we should work hard. And these masternode has a great value and I hope that I will work on this.

[el-Muhammady 718]

On 10/9/2019 at 3:54 PM, DIY Tube Video said:

Yes, it sure is peaceful here now 🙂

 

Well, after 7 years I wont be surprised if they try again. But part of the reason they hate DIY Tube is because they cant get a foothold in there. They gave up. They will probably eventually get the point here too.

I also happen to get this new token from airdrops and conclusively I elect to leave their telegram duct at what time the total filling of the chat are sting scam 
 

[Rifrach 207]

Maybe change into a Pump or Dump in the future. It seems like you two know each other from another project. I read the thread on the Minter coin and the presentation sounds like yours. I am waiting for feedback and impressions from people. You are in the infantry without a coin registered. according to your own words. Better and happy to learn the location of coins. Where the contract was exchanged. I think I will try to recommend DIY to my friends.

[Fadimah 191]

Thanks for sharing this information with us here. But is it for real?

[Sapdrx 469]

So as I understand it you need to invest and lock it in a masternode to get 70% fees. That seems like a high risk but actually means that the price candrop significantly without experiencing any loss. Soundsgreat.

[newsdrugin 5]

On 28.02.2020 at 03:35, atperca said:

Okay, I will check it Wednesday. May be I will put a few on your extend. It appears curiously venture to me and trust it has great future as well.

I get this token from airdrops and at last I select to take off their wire channel when the whole substance of the chat are trick trick and scam.Developer cleared out the extend and staff chosen to get-away fair a show the conclusion is their as of now get much cash from speculator who store reserves on their stage.

[newsdrugin 5]

On our test server we have everything working. Wednesday following week we are going make those pages live. For presently anybody can save coins by emailing me [mail

[Jakaria017 0]

For now anyone can reserve coins by emailing me admin@diytube.video and I will set the coins aside for opening day.

 

[Saj555 2250]

Thank you for sharing the information with us. The DIY community helps a lot to the creators or the commentors to have a fair amount of earning. 

[Goldenix 1274]

How long have I been looking at the information, nowhere can I find the answer to the question - what is the price of the coin and where will it be possible to trade it?

[Tunuu 2235]

This is amazing i never know about this platform which is similar to youtube and it pays their members using cryptocurrencies. I am not good at creating videos but i will join it to view other videos. 

[Ridam 7455]

I felt the platform is really cool. Though you are competing directly with the YouTube the giant of tech industry lead by Google but having the alternative is always awesome. And if you are paying for views and comments, I'm interested to the platform and would be joining it shortly.

[Anarchy09 138]

5 hours ago, widows2020 said:

As More People Join DIY Tube Video Sharing Community And Start Earning  Diytubecoin.Ico, The Word Will Spread. A Snowball Effect Will Begin With The Value Of The Coin Increasing As The Community Grows Larger. The More People Interact With DIY Tube Coins, The More Its Value Will Grow.  

Diytubecoin.Ico  Is The Cryptocurrency Which Is Rewarded To People For Interacting On DIY Tube Video Community Site.

Video Creators Will Be Rewarded DIY Tube Coins For Minutes Played And Interaction With Their Videos. Commentors Will Be Rewarded Based On The Popularity Of Their Comments. Everyone Can Earn DIY Tube Coins.

I wonder how successful this will all be?. To be honest, I did some activity on YouTube and I can imagine what pennies they pay for views there. I sincerely hope that there will be more meaningful rewards for novice bloggers on this platform.

[ricardo985 11]

Good to see you are making progress.

[Katynguyen 31]

Ive always been interested in doing videos on crypto. With this kind of incentive Its very tempting. Id love to be part of the crypto world and get paid for it too. this would be the dream

[Zeanich 29]

honestly, I really like your project, I see it interactive and that's good, can it be exchanged somewhere? I would like to know more about the project

[1DollarRenta 3]

Hello, what users will like when we see these projects that captivate us from the first moment, I do not see clearly what they offer, I am going to test the platform because it seems to me that it calls attention

[Hebreo 7]

DIY Tube has an excellent idea about watching videos and making money, although this idea is not original, since I have seen other people with this same idea applied such as Lbry.

[adamchau 1]

DIY TUBE, 

Well this is a project we need to pay attention to, we should consider investing in projects like this

[Heisenberg 3301 1]

I have an offer for creating awareness and let people know about the project. If you are interested, I can PM you.