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DLive Introduces Decentralized Video Streaming to Increase Customer Base By Over 50 Million Monthly Users

Videos have become the norm of online content. Nowadays, it is far more common for an individual to watch a short video than to read a lengthy blog. YouTube has been the king of online video for many years.

But several people are beginning to look elsewhere for an alternative because YouTube declines to embrace the blockchain and other emerging technologies.

DLive is one of the new video streaming platforms that are bursting onto the scene and trying to become the new decentralized YouTube alternative.

A few days ago, DLive partnered with Theta network to introduce peer-to-peer video content and new token rewards for DLive users.

Peer-To-Peer Videos

DLive is looking forward to disrupting the existing monopolized video streaming services existing on the internet, which are dominated by a few numbers of market players such as Twitch and YouTube.

This project focuses on building and promoting a decentralized video content distribution infrastructure, which does away with the middlemen to better pays the content creators and the artistes.

The outcome of such a partnership will see Theta Network protocol be successfully integrated into the DLive platform on both mobile and desktop devices.

The integration of Theta Network is a plus for DLive’s development’s agenda as it continues championing for the rights of independent content creators who frequently get lost under the influence of financially well-off counterparts.

Wilson Wei, CEO, DLive commented:

“The DLive platform has experienced tremendous growth in 2019, but that comes with rapid increasing content delivery costs. The move to add Theta Network to our video infrastructure will help us to minimize such costs by 50% or more. Therefore, making the growth of DLive platform more sustainable and also creating a new method to engage our users with new token rewards. This is how we can grow from 5 million to 50 million monthly users, and we are happy to leverage long-term strategic opportunities with Theta and Lino”.

Blockchain Rocks Video Streaming Industry

Similar to a huge number of other industries, blockchain technology has turned out to be a perfect instrument to upgrade the operational mechanisms existing within the video streaming space.

YouTube follows the old fashion model of video consumption and distribution that implies they store all the data on their own servers. This is tremendously expensive and needs numerous ads, which a viewer is constantly bombarded with.

Furthermore, the content creator obtains the smallest amount of income because of such a huge overhead. Centralized design implies higher costs and lower rewards for individuals supplying the content.

DLive platform now escapes such as an archaic model and looks to the future. This online video platform takes advantage of whatever blockchain technology has to provide, particularly the smart contract and the benefits derived from the peer-to-peer file-sharing networks.

Decentralized video streaming proves to be much more advantageous than the centralized one. Today’s centralized delivery networks are facing problems associated with limited bandwidth, security concerns, and even poor quality of streaming.

This explains why DLive is switching to emerging technologies like blockchain to address such concerns.

Token Rewards for Online Video Contents

DLive is planning to offer token rewards to enable continued business development and allow video users a chance to jump on the bandwagon, a YouTube alternative, as early as possible.

Take Away

Entities such as Twitch, Netflix, and YouTube refused to embrace the advantage of blockchain technology and prefer to remain in a centralized past.

But DLive platform opts for embracing the future and new technological innovations as they provide a decentralized YouTube alternative. The platform will start providing decentralized video streaming, which is now on-demand.

Image via Shutterstock

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.

US Lawmakers Question Tron Founder Justin Sun and DLive CEO on Extremist Content Following Capitol Riots

Two U.S. lawmakers have published an open letter to Tron founder Justin Sun and DLive CEO Charles Wayn in the wake of the Capital riots—asking them to explain how they moderate extremist and white supremacist content.

The letter was published by U.S. lawmakers Reps. Raja Krishnamoorthi (D-Ill.) and Jackie Speier (D-Calif.) on Feb. 9 and it also specifically asked Sun and Wayn whether DLive identified any crypto donations from foreign entities to the individuals present on Jan. 6 at the Capitol Riots.

The pair of U.S. lawmakers—who are part of the House Select Committee on Intelligence—published the open letter on The Verge on Tuesday amd asked Sun and Wayn to explain how they plan to prevent extremist content from being broadcast on the crypto streaming platform in the wake of last month’s attempted insurrection in Washington at the confirmation of President Joe Biden.

The US representatives asked for Sun and Wayn to explain in detail how DLive, the decentralized video streaming alternative to YouTube, can protect younger users from extremist content and whether the company has any methods to identify bad actors financing extremist content.

DLive is a decentralized video streaming platform that aims to disrupt the existing monopolized video streaming services on the internet, which are dominated by a few market players such as Twitch and YouTube. DLive is a subsidiary of BitTorrent, which was acquired by Justin Sun’s Tron Foundation in 2018. Users are paid through crypto from their viewers when the content creator stream videos.

During the Capitol hill insurrection in January, several far-right extremists leverage DLive to live stream their attack on the Capitol building. DLive CEO Wayn announced after the domestic attack that only gaming content would be able to receive payments.

Several of the live streaming extremists on DLive were arrested following the attacks and the open letter addresses these users, it reads:

“Several of these individuals earned thousands of dollars in DLive’s digital currency that day, and a number received large donations through the platform ahead of the event. One individual received $2,800 in a live stream on January 5th, 2021, in which he encouraged his viewers to murder elected officials.”

The letter also asks:

“Did DLive or BitTorrent identify any foreign-based blockchain donations to individuals who were subsequently removed from the platform after the January 6th Capitol riots?”

The two US lawmakers who authored the letter are part of the House Select Committee on Intelligence—one of the congressional committees looking at how the Capitol Riot insurrection occurred and whether crypto played a role in financing it.

A hearing will be held later this month by the House Financial Services Subcommittee on the financing of domestic terror following the Jan. 6. Insurrection on Capitol Hill where the discussion will likely focus on a $500,000 transaction in Bitcoin made by a French extremist and blogger to pay right-wing figures who appear to be heavily involved in the attack.