Peer-to-peer (P2P) technology has gained popularity as a way to enhance system performance. Nodes in a P2P network work together by providing network resources to one another. In this study, we examine the use of P2P technology for video streaming and develop a distributed incentive mechanism to prevent free-riding. Our proposed solution combines WebTorrent and the Solana blockchain and can be accessed through a web browser. To incentivize uploads, some of the received video chunks are encrypted using AES. Smart contracts on the blockchain are used for third-party verification of uploads and for managing access to the video content. Experimental results on a test network showed that our system can encrypt and decrypt chunks in about 1/40th the time it takes using WebRTC, without affecting the quality of video streaming. Smart contracts were also found to quickly verify uploads in about 860 milliseconds. The paper also explores how to effectively reward virtual points for uploads.