Part 2 will be the server side, with a few features like user verification/accounting.
Part 3 will entail expanding the capabilities and functionality of the system with small 5hr 'featurettes'.
This project is estimated to go viral as such lower initial payment will be preferred in exchange for later royalty (we expect at least 10k users in the first 3 months, each charged $5 so 20% royalty would be about 7500 payable).
Only experience required really is a little torrent knowledge, I can supply almost 99% of the technology just need someone to put it together.
Estimated time to complete part 1 is 15 hours, part 2 10 hours (so total of 25 hours until project can go live), part 3 further 50 hours of additional features probably.