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RE: SteemQ - A Decentralized Video Platform for STEEM
He's not planning to put the videos themselves on the blockchain, but still they do need to go somewhere, and the problem is challenging. I agree with your assessment for the most part but still encourage the effort. @furion seems quite capable, ambitious, and industrious to me. I think it has a chance.
Yes, I realized it after I re-read the specs. My attention was dominated by the "blockchain-based" at the start of the post and I was like "huh?". On second reading, IPFS is far from optimal for this type of job but I guess we'll have to wait and see. I don't want to discourage anything and indeed @furion has been very active as a developer and he knows his stuff. Perhaps he can think of solutions to tackle the issues at hand. I guess we'll see how it goes in ~6 months.