This premium 4-letter domain name plays on the word "video".
The name "yvid" has only four letters and only two syllables. Two-syllable names are highly rare and highly desirable. Established brands using two syllable names include Gucci, Subway and Walgreens.
Yvid.com is a dot com domain. Dot com domains are the most prestigious top-level-domain in the world, famously used by websites like facebook.com. Owning a dot com says that you own the word "yvid" online.