Abstract: Video lectures are the key element and spectacular tool for distance learning. It is widely used in many formats of learning, including MOOCs. However, issues of finding effective ways of using educational video as part of the training course are far from definitive answers and require additional research. This paper deals with the initiative of the Moscow Institute of Physics and Technology of creating Open Education Platform based on OpenCourseWare concepts, but using hypervideo library as a core instruments for students to interact with. The paper examines questions of hypervideo creation, distributed editing and using as a part of the course. Issues of using crowdsourcing for creation, improving and translation of the content are also considered.