Yes! That's the idea, and not only for videos, but for images too! Your image is very cool. It's a little bit more complicated because it involves tokenomics and other aspects, but that's the main idea.
Also, we want a system where Sam, Joe, Toff, Mia, Mike, etc., are incentivized for storing the videos in the local PCs or dedicated servers.
RE: Brief Overview of the SPK Network