Dlive, a Controversial Blockchain-based Live Streaming PlatformBy Apr 29, 2020 3 Min Read
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.
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.
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.
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.