- World’s biggest YouTuber to live stream exclusively on DLive from April 14
- PewDiePie to offer $50,000 to 100 content creators on DLive
- YouTuber says Dlive prioritizes vloggers in a way youtube can’t or won’t
Felix Kjellberg, the biggest YouTuber, popularly known as PewDiePie, will be live streaming exclusively on DLive, a blockchain-based video streaming platform from April 14 and he is also offering a donation of $50,000 to 100 content creators, according to his tweet this week
Biggest YouTuber switching to blockchain
Per the tweet, PewDiePie, a vlogger with 93 million followers on YouTube will be streaming live videos exclusively on DLive from Sunday, April 14. PewDiePie will also be giving out rewards worth $50,000 to 100 content creators.
According to the vlogger, he is excited to be live streaming again and most especially, on a creator-based website that prioritizes its content creators.
Furthermore, while he may have partnered with DLive, he will still be able to stream videos occasionally on YouTube even though only live videos will be featured on the latter.
3 million active users
DLive claims to have 3 million monthly active users and 35,000 active streamers. The platform is based on Lino’s blockchain and it takes advantage of its own native cryptocurrency, LINO which is valued at USD 0.012.
LINO is used to reward loyal members of the platform for creating content, sharing, commenting, and running nodes to host content. The virtual asset can also be exchanged for cash using PayPal.
Alternatively, Lino Network that is employed is a decentralized video content distribution system that was launched in July 2017 and so far, DLive is the first decentralized application to be featured on the network.
Charles Wayn, CEO of DLive said:
“We’ve contributed for years and witnessed traditional platforms grow from their infancies into billion-dollar companies. However, what have we received in return? Higher monetization bars, unfair content promotion, and fewer earnings because of increased platform fees.”
DLive encourages creators to support each other
Wilson Wei, the co-founder of Lino Network who also made comments said DLive provides a place that encourages creators to support one another instead of competing against themselves.
The co-founder outlined that PewDiePie has been advocating for the value brought by creators through their hard work and he believes in DLive’s vision.
Events of this nature reveal that blockchain and cryptocurrency are gradually creeping into the social media industry.
Facebook, for instance, intends on launching its own stablecoin and has been hiring blockchain experts. It recently purchased its first blockchain company all in a bid to launch a product in the space.
The same can be said about Vkontakte (VK), the largest social network in Russia which recently launched its native cryptocurrency, VK Coin.