They're not raising 60k to defeat youtube. They're raising 60k to complete a piece of software that does some of what youtube does in a different way. That's it

They're not raising 60k to defeat youtube. They're raising 60k to complete a piece of software that does some of what youtube does in a different way. That's it. It's an open source project, they're not running on official peertube instance with the goal of being anything more than a demo of the software they're writing.