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It's hard to make a video for such addon as it has some latencies due to the cron stuff you know. An album is created each month automatically then user submit media, then they vote and a winner is nominated. Aren't screenshot clear enough ?

no i don't mean a video for your media of the month add-on.

I mean a new add-on so members can upload videos(avi mp4 etc.) to their server using the media gallery!!

Well that seems like something that should be default in the gallery, have you asked xF wether they would agree to integrate such function ?

"it will be considered at some point in the future"

https://xenforo.com/community/threads/xfmg-video-upload.87052/#post-864892

but we don't want to wait, we want it now!

Well if you can gather users and raise funds, why not

how much funds and how long will it take?

Well depends on the video types you need, if default html it would be :
mp3, mp4 (AAC/H.264), ogg (Vorbis/Theora), webm (Vorbis/VP8), wav
But that might not be sufficient ? Otherwise it needs more complexe stuff to get conversion.

ah ok!!

That's not an answer that was a question for you to answer to your own question ^^