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IPFS, why haven't we seen video streaming services?
(hackertalks.com)
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Well, you'd need to make a video-hosting site in the first place. And you need to host all the videos even if you use IPFS if you don't want to provide a bad experience, so you don't escape any of the problems of hosting a video-hosting website. IPFS has its own challenges it adds over regular video-hosting site challenges.
So, it's not really worth it.