Announcing VEEEU direct-to-consumer, micropayable video
A cross-platform video streaming engine that pays out 90% of audience contributions daily in real-time. For creators and viewers that want to own their story.
Exciting news, last week during the Toronto International Film Festival, we unveiled VEEEU , a groundbreaking product that will transform the movie and video content industries.
VEEU will appear publicly with the first movies on Monday, 22 September.
VEEEU empowers creators to take charge of their future, allowing them to set prices, manage revenue, and oversee payouts for their production teams effortlessly. With VEEEU's no-code onboarding, each film or video title can become its own digital business in minutes.
Powered entirely on the ADOT Web and using the TAPP micro-transaction solution, 90% of every contribution is paid out in real time, ensuring instant rewards for producers, cast, and crew in a transparent and fair manner. Audience support directly benefits the talented individuals behind the stories.
With VEEEU, creators achieve financial independence while retaining creative autonomy.
VEEEU handles the viewer experience, the backend operations and payouts, and gives access to a democratised video streaming services marketplace.
Video Title owners and creators create their ‘title as a business’ in minutes using an intuitive no-code studio, and deploy to any website, app, or platform. Applies to movie/show/documentary producers and user generated YouTube style titles.
Viewers have a instant, interactive, pay-as-you-go experience for rent, buy, and ‘veeeu now’, and can transfer their unique assets to others with a click.
A micropay-as-you-go marketplace that democratises access to video streaming services that are low cost, high convenience, and with no switching friction.
Architected as a cross-platform video streaming business engine that other developers can build on too (like Unity for gaming).
Already over a hundred studios, producers, and independent film makers have signed up with over 10,000 titles queued to start onboarding.
It took 7 years to build the new ADOT Web infrastructure, 2 years to build the TAPP micro-transaction solution on top of that, and then 6 months to build and release the first version of VEEEU. So why did we feel the need to build our own last mile solution and not just partner with existing streaming platforms and OTT platforms? In our next post we will provide a walkthrough of VEEEU and get into why, the answer may be surprising.