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The current version is leveraging the Steem blockchain for immutable storage of root hashes.

How will SP holders have interaction with platform? Will the videos show up on Steemit and related sites? Will rewards on the Viewly platform be decided by Steem blockchain votes?

Viewly does not interfere with Steem's economy, nor are the posts visible on Steemit.

Thanks for the response. It is saving data on the Steem blockchain though?

Ideally, only the merkledag root should be on the chain. The actual content is on IPFS. This way, the blockchain stays very small in size.

Sounds sexy. I'm interested in learning more and signed up for updates. Thanks for your positive energy. keep BOOMIN over here!

It means? Steem will benefit also in this project. Also us steemians :)