[Service Review]
So long Vidme. You were a great idea, and I was fully for you. I am sad to see you go, but I hope that your next venture works out better. We are all are at fault for creating a monopoly on Youtube and their advertiser heavy business model prone to be the bread and butter for most creators - I hope the idea of Patreons and tips will continue to flourish and that a similar service will emerge with a viable healthy competition, a strong business model and viral and fast-growing community that will rise from your ashes.
My predictions, personally, will probably lead to a centralized Patreon based video community system with peer 2 peer video hosting technology - cutting costs on video hosting making that business model viable. I also think a rating and review system on top of the like/dislike/upvote/comment system will be crucial if that system decides to also go down the advertiser/commisions/ad-revenue route, with short surveys per video making the audience do the advertiser content filtering (instead of having to invest in heavy AI bots to do the filtering). I also hope people learn to invest in competition, even if it "appears" to be worse than the monopoly, as two working to be better than the other makes each service better for everyone all around, in a quicker fashion. Healthy competition is better than a monopoly for the end user. Youtube is the behemoth that tries, but will not improve substantially (if not get worse) due to not having a huge competition pushing its abilities to become better than the significant "other" for the end user.
Details: Vidme EOL - 15th of December, 2017.
PRO'S: Patreon system, where subscribers can donate monthly to creator they like, supporting their content; direct one time tips to creators without needing to be a subscriber; follower system like that of Twitter; floating video windows in the search page; a mobile app that played music even when screen off; floating mobile app videos over the UI; quick linking youtube content with a single click to merge channel content to Vidme; intimate and friendly community.
CONS: Very little native support for upcoming and high-quality creators; small audience; no integration into facebook, twitter or other social networks; the underworld of youtube is the overworld of Vidme (apparently making it appear of less quality content); an expensive business model that was not sustainable in the long term; competition from Instagram, Facebook and youtube was hard to compete with - though it should be.
Original post written by me: https://www.facebook.com/Trinumedia/posts/862719140563802
