It’s not peer to peer though. It’s similar to Lemmy and Mastodon where someone hosts an instance and serves video from that. Except with video it gets very expensive, so I don’t think server admins want to see a migration happen.
A peer to peer solution would actually be cheaper for everyone involved.
Does it have a payment model built into it?
Seems like infrastructure cost is a central problem of video hosting, so features to distribute that cost load among users would be must-have for any video service not bankrolled by a huge corp.
Yeah, if you had users storing the videos locally and a P2P streaming system you could reduce the cost, but I don’t think you can implement something like that through a browser.
Technically it’s possible, popcorntime worked (or works, I don’t know the current state of it) similarly. It would not work properly on mobile though, p2p is very demanding on poor little device.