Most of the creators are working hard to generate excellent content for the audience. Simultaneously they are paying more and more for the trending platforms to feed their fans. To erase all those tackles, the DLive live stream on blockchain arrived on the market. It is available on Android via Google Play Store and iOS via Apple’s App Store. It is launched on Steem blockchain.
What DLive mean?
To what extent it will benefit the creator?
Is it sucks too much money to live stream?
Table of Contents
- DLive live stream
- How does DLive live stream on blockchain works?
- How can the users make money by watching the live stream on Drive?
- Pew Die Pie to live stream on DLive blockchain platform
- Decentralized Live Streaming using Blockchain
- What is Decentralised Application?
- What is Decentralized Live Streaming?
- Role of Blockchain on Video Streaming
- Decentralization Using Blockchain Technology
- Decentralization Data Streaming platforms
DLive live stream
DLive is the live streaming community for content curators and creators like other live streaming apps. In this platform, the creators can launch live streaming of tutorials, gaming sessions, and the other original content.
How does DLive live stream on blockchain works?
The first thing to understand is that blockchain offers a trust-less decentralized consensus mechanism. In other words, any person at any time can be confident that the data they are reading – or transacting with, for that matter – has not been tampered with by an unauthorized third party because of the rules of how Ethereum works. It’s as if there was never a trusted third party in the first place – all transaction data is verified through cryptography.
Streamers and viewers can start DLive streaming by installing the App on their Android or iOS phone in just one step through a few simple taps. There is no sign-up procedure. But viewers still need to register an account with DLive to be eligible for claiming payouts in the future.
The latter usually happens if the viewer interacts with content, whether by voting on live streams or leaving comments within the Live chatroom for a streamer on air until now, according to monetization details disclosed by DLive. If that’s all there was to it, then why would you need DLT? This brings us to how blockchain technology helps this game of giving and receiving smoothly across borders and oceans without any hiccups.
DLive creates a smart contract to distribute all live video earnings on the EOS blockchain. The smart contract will be updated in real-time with every new transaction, from viewers throwing DLive tokens to the streamer or the streamer gathering contributions during the broadcast. To clarify, those who view and engage with the streams are awarded a small token as they watch.
This is where “proof of engagement” comes it – it’s an interesting equation that considers how long you care for, etc., but rewards you nonetheless as merely viewing creates value for the space (good for both viewer and content creator).
A visitor can collect one token per minute spent watching a live video when they have enough Ethereum stored in their wallet before.
Live Streaming on blockchain works by allowing users to pay for a Livestream using DLive’s Ethereum-based digital token in either DAI.
DLive is also planning to introduce its own blockchain in the future, which they hope will have wider adoption.
Once payment is made on Steemit, users can visit their streams page and tap “play” to watch it live straight from within a web browser.
To read more about how we are changing the landscape of on-demand streaming and content creation economy, visit our website at Dlive.io!
Some other things that make DLive stand out as an innovative service provider include that all digital content will be directly licensed from media owners.
When the creators launch the live streaming, then they need not make payment to the DLive platform itself.
Unlike other trending platforms, the monetization of DLive is the cryptocurrency-based system.
The creators and users of DLive who involves in monetization need not pay the cut of their profit to the platform.
The users will pay through gifts, upvotes, and donations. The users of DLive can earn the tokens from the moderators of DLive by referring friends, comments on content and upvoting, etc.
It has half a million monthly users. Up to now $2.6 million exchanged on steem cryptocurrency.
As it is the blockchain based streaming platform, all the transactions occur from moderators and users who are having currency to provide in return for the particular good content on the platform.
For the curation of the content, decentralization is the essential segment.
Content is not based on flagging or upvoting systems that are built into the app. Basing on how the viewers treat watching the content will be categorized to serve the effective content.
The users can watch the content on their feed, chatting with users, search videos and live streams.
The users can set their profile as they have on other platforms. Just by tapping the users who want to become the DLive creators can launch the live streaming.
How can the users make money by watching the live stream on Drive?
For any content sharing platform, audience engagement is the most significant one.
The viewer’s engagement on other platforms is enabling them to make tons of money by ignoring the contributions of the viewers.
Along with the viewer appreciation, DLive appreciates viewers with rewards for chatting, sharing content, gifting, and watching content on that platform.
The first way is to watch the live stream on Drive.
The second way is for a company or individual with a product to offer, and they can pay Drive so that their advertisement will be shown on top of our video when it’s playing.
The third way is to have an advertiser buy a “piece of time” during your shift. When an advertiser buys such ad space and pays in advance, we provide the advertising company and the selected user with campaign performance data reports. These reports detail how many times their message was viewed, liked/disliked, ignored, and clicked through by consumers per hour of viewership.
The simplest way to make money is by watching the live stream on Drive. Users are paid $0.01 every few minutes of viewing time which adds up to roughly 2-3 dollars an hour! They also earn points for watching and engaging in interactive activities like polls, predictions, and participation surveys redeemed for gift cards.
When you watch the live stream on Drive, we periodically show ads to everyone in real-time. If you click an ad and subsequently purchase that product from one of our partners, you could earn cashback with your Adsense account. You would need to have a valid Adsense publisher id before using this feature, though!
Currently, it’s only available for viewers in the US or Canada.”
The users can make money by watching the live stream on the drive if they are within the United States or Canada at some specified time. They may be allowed to compensate through Google AdSense for every advertisement watched instead of ignoring them together.
Pew Die Pie to live stream on DLive blockchain platform
- YouTube sensation PewDiePie is partnering with DLive to make an exclusive live stream of video games.
- PewDiePie is one of the most subscribed channels on YouTube, but recently T-Series has given a high competition to his channel on YouTube.
- The only reason for PewDiePie to shift DLive is that YouTube’s incentivization and high fees.
- He also stated that DLive live streaming platform is revolutionary. He said that he is going to support DLive content creators by donating $50,000 to 100 creators.
- The most obvious thing is that DLive will not charge any payment that has been donated by the viewers or subscriber to streamer or stream. The creator will get all the money.
Decentralized Live Streaming using Blockchain
Video streaming has become the second most Innovation Technology at the End of 20th century. Many Innovative technology Companies are importing Blockchain technology to build next-generation Content Delivery Networks and business models for Decentralized Live Streaming.
According to the stats, more than 67% of the Internet traffic comes from the video streaming. The new streaming technologies promised that Decentralised Live streaming is more efficient and using new distributed Blockchain technology in their Business.
Decentralized live streaming is a protocol that leverages blockchain technology to enable anyone anywhere globally with an internet connection, camera, and computer to broadcast high-quality video streams. Anyone with access to these resources can participate.
Decentralized Live Streaming using Blockchain is based on the Ethereum blockchain. Anyone can add a new streamer by providing their public key address and start streaming. There are no central servers, so there is no downtime or single point of failure.
Blockchain technology has been used to build Live Streaming applications with its smart contracts and decentralized nature. However, such platforms still face the challenges of scalability and stability.
Decentralized live streaming is a new product that allows viewers to be more involved in the broadcast. It allows users to give real-time feedback on what they think of the video content and allow for immediate payments from advertisers.
Imagine a live streaming platform with no single point of failure, low latency, and the ability to tokenize content. That is what we are doing at Livepeer – Decentralized live video transcoding powered by a community of peer-to-peer.
What is Decentralised Application?
Are You looking to build a Scalable and Profitable Application?
Bitcoin Interoduced on its own! Come up software called decentralized Applications with the features of Cryptographically sorted order, Peer-peer technology, and scarce-asset models.This is massively transparent, distributed and more flexible when compared to the current software models.
What is Decentralized Live Streaming?
The current streaming system has shifted their balance power with the online content creation and Monetization. No Live streaming system is without the issues especially the problem occurs to the Entrepreneurs at the time of monetising their creative content through streaming providers.
The streaming service providers have a host of complaints about transaction cost, Privacy and centralisation issues. So the companies unanimously go for the Blockchain System.
A streaming platform only provides a single interface for data delivery and to make payments and make these payments tradable they introduced Datacoin.
The decentralised data streaming uses a decentralised P2P network where no one node has a connection with each other. That means no one node is instructing the other node.
The Bitcoin is decentralised because if one node fails, the network is still operating through other, other node support.
Many companies use decentralized networks for content creation and distribution. These systems support Blockchain technology that allows creators and distributors to pay on their own with the help of tokens.
Role of Blockchain on Video Streaming
The Blockchain technology is growing faster regarding its diversity as well known through cryptographic currencies like Bitcoin. The Decentralised technology using blockchain can reduce unnecessary mediators and provides direct medium to the users. The blockchain massively replicated database of all transactions on Bitcoin Network.
The Blockchain technologies have branched out their cryptocurrencies on Trading and implementing the number of practical services has increased. When we consider Video streaming service companies, video streaming companies have become popular on blockchain services. Various companies are encouraging the video streaming services to make competitive environment.
The Decentralised streaming services were encouraging users to earn and spend on the token that pushes up the streamers to create creative content for more viewing. The Blockchain Technology allows users and content creators to access and share what they like monetise and promote the quality.
There are three reasons we can say why Video streaming needs blockchain Technology.
Monetisation Of the Content:
Blockchain platforms allow users to monetize their content directly in creative ways, rather than having the centralized hub to gain reward points.The primary goal of blockchain system is tokenization.
Independence Of the Content:
Blockchain allows for Peer to Peer distribution creating the system where the independent filmmakers can directly market and distribute to their viewers and efficiently removing the centralized system.
Restriction Of The Content
Blockchain technology allows restriction free content distribution and creates distribution among the peers directly. The distributors and creators can directly sell their content to those who can consume it.
Decentralization Using Blockchain Technology
- The video content that can be created shared and monetized by using the blockchain technology of decentralized networks. The decentralized networks are established and distributed over blockchain technology.
- The blockchain strategy of decentralization will enable the multiple users to view the database simultaneously that can’t be changed.
- Motivate the audiences in turning them to be the creators and distributors to share out the content.
- It allows watching the new video content on the payment of cryptographic tokens.
- The creator can broadcast the live video and can obtain the compensation that boosts the content performance. It all will happen within the network.
- On the purpose of gaining the ad revenue, the creators are focusing on creating the viral content to drive the continuous engagement than to generate the user intended content while using the centralized platforms.
- The creators can upload the online video content that they need and promote it to monetize that video content without any restrictions.
- The decentralization through blockchain technology will make the user or creator have the full control over their video content.
Decentralization Data Streaming platforms
The video streaming industry is being transformed by the arrival of platforms of community-based video distribution.
It is completely run and owned by the users in the network that gives the full control over one’s content. It empowers the monetization strategies of creators in streaming the required content without failure through decentralization of the video content.
It is one of the top trending decentralized live video streaming platforms that use blockchain technology to broadcast the content safely and securely. It allows the creators to participate in monetization.
It provides the complete customer’s satisfaction through the blockchain technology of composing the decentralized video content that drives the real traffic. It allows the creators to earn the income for the creation of the content.
It is one of the leading decentralized live streaming platforms to deliver the live video gaming basing on the blockchain technology. The esports fans and gamers can make use of this platform to reach the real-time audiences through the live video gaming streaming.
The live video streaming through the involvement of decentralized blockchain technology will helps to launch the continuous data streaming by reaching the real-time audiences. This technology helps creators to add the monetization.
The DLive live streaming platform is helpful for both the viewers and creators as it offers bucks to both. Moreover, PewDiePie is not an ordinary creator on YouTub. He is establishing his profile on DLive from which we can say that DLive is an excellent live stream blockchain app. If you are intended to make money, then go ahead of creating a profile on DLive.