 Hell yeah, what's up guys? This is Chris Pike. My friends call me Banksy. I'm back again guys today I got a special topic for you. Yeah, today's topic is a new launch called Vessel. Yep Vessel is a new video service similar to YouTube that is about to launch and it's got a lot of buzz behind it. Pardon me Guys, there's a lot of buzz behind this and let me tell you a little bit about it And then I'll tell you why it might be interesting to you first off It is got a big name behind it. The former CEO of Hulu, Jason Keelar, has started this company He's running the show. Secondly, they've raised $75 million of venture capital or just capital in general. So they've got 75 million bucks backing it. Third They've got signed. They signed some pretty big names Simon and Rhett the musical duo They signed them for $500,000 and there's a few other youtubers that haven't named yet that have been apparently paid six-figure songs. Now great you're saying but what is Vessel? Well, it's a direct YouTube competitor But it's a little different. YouTube as you're well aware You know you can upload a video any time to your own channel and anybody in the world could see it pretty much as soon as It's ready to go and there's no subscription fees and yada yada yada just like you just like you understand There was a few months ago or a little while ago They did sort of dally a little bit with some subscription fees and there might be a couple premium channels still left around I'm not sure but 99.99% of YouTube is free. Well, that's where Vessel's a little different. Vessel is going with a different Value proposition or business model. Their proposition is this you Whoever creates videos uploads it to Vessel the subscribers can pay $2.99 a month Yeah, it's a monthly fee and if you pay that basically three bucks a month you get access to those videos three days or more Before anybody else in the world can see them So if you're a youtuber and you make videos for example you can in Vessel signs you up You could upload to Vessel if you have people that want to pay that three bucks They will get the access to that video three days before you Whoever and then you could upload to YouTube and it'll become available on YouTube and then after the three days It'll become available on Vessel and things like that But anyways guys the basic nuts and bolts of it is look three bucks a month for your favorite YouTubers or if you're a YouTube maker or a video creator You might be able to sign up there and you get early access to videos now that being said What do you think about this idea? Does this make sense to you? Is this something that you would pay for as a consumer of video or as a many of you are with freedom? Somebody who makes videos. This is something that you would try and upload to and maybe try and work in on that Exclusivity thing now a couple things first They're going after some of the big names to start so I mean if you're not a big name yet And most of us aren't old some of us are you may or may not be eligible? And secondly it doesn't launch till January or perhaps a little after if there's a delay But that all aside guys the big silver lining behind this big long ramble Is that the video just like I said in my last video about Facebook coming into the video arena? Yeah vessels in the arena now, too, and it's a big deal because the world is changing Video is the future in my humble prognostication But for you guys out there and I'm a lot of freedom people and I read your comments You know it's like hey, you know can you can you sub to my channel or you know? I've got 300 subs now and I want to get to 400 or you know Maybe some of you aren't getting the views that you want yet or maybe you don't have this subject Well that aside Please understand that the skills that you're developing as a video editor as a video creator working your camera Maybe doing special effects learning all of those tricks and of the train these skills that you're learning will serve you for the remainder of your life And the remainder of your life is going to be online with video as internet connection speeds ramp up And they continue to up except for Comcast but whatever but as as you know as speeds go up and video becomes better and more players Enter the market. Yeah guys you have an amazing future ahead of you So anyways, please leave your comments below Let me know if you like the idea behind vessel and if this is something that you would pay for or maybe this is something that you Would sign up for and please stay tuned for my next video which is on video games. It's the game news with big C This is your boy big C checking out