Well the concept is simple, we have an option to pay maybe 1 steem per so much storage space - I dont know what this would cost to pay a server but basically i figure if you made videos everyday you could compress them before uploading and probably pay 1-5 steem per month to store a months worth of vids...
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They only play for about a week or so - it depends how many requests there are - more requests and it will be available longer but the more time passes they sort of get 'buried'