Tag: btt

Dlive, a Controversial Blockchain-based Live Streaming Platform

What is Dlive?

Dlive (Dlive.tv or Dlive TV) is one of the largest and most controversial blockchain-based live streaming platforms. Dlive is powered by the Lino blockchain, on which you can build your own value-sharing content-based economy and promises that “content creators, viewers, and all other contributors are fully and fairly incentivized.” 

Problems with Traditional Streaming Platforms

While traditional streaming platforms like YouTube and Vimeo have been popular over the years, content creators have been very public about their frustrations with these platforms and their administrators. These problems include:

(1) Higher restrictions and qualifiers placed on creators in order to monetize their content.

(2) Hidden algorithms that direct content recommendations to users are completely controlled by centralized platform administrators.

(3) Fewer rewards. The success and revenue of traditional video giants like Youtube are essentially built upon the content contribution of users and views of users. Although Youtube does reward content contributors with money, it is far from the value of what they have contributed and the centralized site takes the majority portion. And for the viewers, there are simply no rewards at all.

Dlive as an alternative?

DLive is “changing the whole game by putting platform ownership in the hands of the users through blockchain technology. The users of DLive are the ones that are rewarded for their contributions as the platform grows. It doesn’t matter if you are a content creator or viewer, your contributions are valued.” Dlive doesn’t take any of your earnings. Users get 75% of their earnings directly into their coin wallets and the leftover (25%) goes to a token pool for rewarding BTT Stakers.

At Dlive, the contributions of viewers are counted as a reward for viewer’s behaviors like watching, chatting, sharing content, etc.

As Dlive is a decentralized live streaming platform, users have total control over their accounts and are far less restricted in their scope of the content. Using sites such as Youtube means reliance on a “the third trusted party” that ultimately can reverse your decisions and have final control over your account and content.

The most famous example is the case of PewDiePie. PewDiePie is one of the most popular YouTube Channel created by Felix Arvid Ulf Kjellberg (aka PewDiePie) on Apr 29, 2010. It has more than 25 billion views and 104M subscribers. Felix Kjellberg was in the list of Time magazine’s “The 100 Most Influential People” of 2016. On Apr 09, 2019, Dlive announced “PewDiePie Forges First Exclusive Livestreaming Partnership with DLive”, partly due to frustrations at Youtube where it has unconstrained power over his content. In 2016, PewDiePie said that YouTube had contacted him over deleting his account.

Source: Youtube

Currently, the Dlive Pewdiepie account has more than 800k followers. Another notable Dlive account from a famous former Youtuber is that of political commentator Nick Fuentes(https://dlive.tv/nickjfuentes).

As more and more fake content makes its way onto the Internet, a major challenge of an unrestricted and decentralized platform like Dlive will be its ability to guarantee quality content and limit harmful or indecent content stemming from the dark side of human nature.

Dlive Tokens

The Dlive system leverages three basic tokens: Lemon, BTT, and BTT Stake. 

Lemon is an internal token used within DLive platform for donations and paid subscriptions.

BTT (BitTorrent Token) is the basic token in the BitTorrent system. BTT is a TRC-10 utility token. typical Dapps that are powered by BTT are BitTorrent Speed, BitTorrent File System, DLive, etc.

BTT Stake – Like you deposit your money into a bank and earn the interest, BTT Stake is the “interest” of BTT for BTT holders as their staking rewards.

Competitors

Besides traditional competitors like Youtube, Twitch (https://www.twitch.tv/), there are other blockchain-based streaming or video platforms like Dtube.

Other information about Dlive

The CEO of Dlive is Charles Wayn who founded Dlive in 2017 on the belief that all rewards belong to creators. 

Official Website: https://dlive.tv/

Dlive has Dlive Apps for downloading.

GRT, BTT, AVAX Prices Gain Over 150% As Best Cryptocurrency Gainers For The Week

The global cryptocurrency market has had yet another eventful week with the volatility charting a bearish turn at the beginning of the week and leaving most coins with impressive gains at the end. As most cryptocurrencies are positively correlated with Bitcoin, the rise and fall in the price of the premier digital currency were reflected in other coins as well.

While the 22.57% weekly rate of gain of Bitcoin appears lower than the gains amassed by the other cryptocurrencies, its price gains are the most significant in that time frame. Bitcoin attained a new all-time high (ATH) this week, setting a new pace in its journey to mainstream adoption.

Other cryptocurrencies amongst the highly ranked assets also saw impressive showings this week. Binance Coin (BNB) attained a new ATH of $148.07 according to CoinMarketCap, BNB currently has a weekly growth of 105.10%. Decentralized finance token PancakeSwap (CAKE) recorded a 160.05% growth, leading the DeFi sector in terms of growth.

However, three cryptocurrencies stood out this week, gaining over 150% in an unprecedented rally. They are all profiled below;

The Graph (GRT)

The Graph is an indexing protocol for querying data for networks like Ethereum and IPFS, powering many applications in both DeFi and the broader Web3 ecosystem. The coin had an impressive showing in the week, coming off with a growth of 173.89% at the time of writing. The Graph boasts of a $2.95 Billion market cap and its current price of $2.30 is just about 19% below the all-time high attained a day ago.

BitTorrent (BTT)

BitTorrent is one of the low priced cryptocurrencies with a massive weekly gain of 184.21%. Backed by Tron’s Justin Sun, BitTorrent finds relevance as a peer-to-peer (P2P) file sharing and torrent platform which has become increasingly decentralized in recent years.

Currently priced at $0.001268, the low price comes off as one of BTT’s highest since it was created back in 2019 after being acquired by Tron. The coin’s performance this week also saw its price surge to an ATH of $0.001944.

Avalanche (AVAX)

Avalanche token is the best performer for the week amongst the top 100 cryptocurrencies. Avalanche grew by 203.54% in the week-to-date period, dropping 15.48% below its all-time high price of $59.94 set within the week. Avalanche seeks to be like a global assets exchange, allowing anyone to launch or trade any form of asset and control it in a decentralized manner using smart contracts and other cutting-edge technologies. The AVAX, a token associated with this ambitious project appears to be getting the backing of investors, and HODLers alike.

New Turns, New Twist

Just as earlier ascribed, volatilities are largely associated with cryptocurrencies, and as a largely unregulated market, fluctuations can keep the price of these digital assets unstable. Over the course of the incoming week, there could be new turns that will herald new twists for one or all of the cryptocurrencies and tokens out there.

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