WEB 3.0 — VIDEO & LIVE STREAMING INDUSTRY

Bhavik
4 min readApr 14, 2018

https://www.flixxo.com/

All the videos that you watch on your favourite platforms are stored and distributed using very expensive centralized servers, messing up and increasing the price of the content. In current models the options are paying for a subscription to watch a lot of media you may not be interested in, to spend a ridiculous amount of money on the videos that you really love, or to watch advertisement in exchange for content, which leaves producers with almost no return on their investment.

On Flixxo all users share any content they have on their device with the rest of the community. So, instead of an expensive centralized server, the information is distributed and shared through the network using Bittorrent protocol. Have you ever used Popcorn Time? This works in the same way.

Free from structural costs, producers can share the earnings from their content with the network that supports them. This way you get paid for helping us improve Flixxo, and you earn credits (in the form of digital tokens called Flixx) for watching higher quality content. Having no intermediaries means that the price you pay for watching the content that you actually want to watch is lower and fairer!

https://www.streamr.com

Streamr delivers unstoppable data to unstoppable applications. It is the real-time data backbone of the global supercomputer. It is a decentralized network for scalable, low-latency, untamperable data delivery and persistence, operated by the DATAcoin token. Anyone — or anything — can publish new data to data streams, and others can subscribe to these streams to power Ðapps, smart contracts, microservices, and intelligent data pipelines.

https://livepeer.org/

The Livepeer project aims to deliver a live video streaming network protocol that is fully decentralized, highly scalable, crypto token incentivized, and results in a solution which can serve as the live media layer in the decentralized development (web3) stack. In addition, Livepeer is meant to provide an economically efficient alternative to centralized broadcasting solutions for any existing broadcaster. In this document we describe the Livepeer Protocol — a delegated stake based protocol for incentivizing participants in a live video broadcast network in a game-theoretically secure way. We present solutions for the scalable verification of decentralized work, as well as the prevention of useless work in an attempt to game the token rewards in an inflationary system.

https://www.thetatoken.org/

Decentralized Streaming Network (DSN) and Theta, a new blockchain and token as the incentive mechanism for the DSN. DSN and the Theta protocol solve various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams. Second, with sufficient amount of caching nodes, the majority of viewers will pull streams from peering caching nodes. This significantly reduces content delivery network (CDN) bandwidth costs, which is a major concern for video streaming sites. Lastly, the Theta network greatly improves the streaming market efficiency by streamlining the video delivery process. For example, advertisers can target end viewers at a lower cost and reward influencers more transparently.

https://streamtoken.net/

Content creation today is dominated by centralized “middleman” platforms that often claim more than 50% of the revenue generated by creators. Creators struggle to maintain a reliable source of income from their content on these platforms due to inconsistent demonetization and censorship policies. These problems are perpetuated by platform lock-in, which prevents creators and viewers alike from being able to move to better alternatives. We propose a cross-platform browser extension with an associated utility token that together streamline the transfer of value between creators and their audiences. This solution bypasses middlemen, incentivizes the creation of free content, and expands options for monetization.

http://www.blockcdn.org/

BLOCKCDN is a distributed CDN system based on Ethereum smart contracts [1]. The system set CDN Mining, smart contract settlement, CDN trading market in one. BLOCKCDN works through the chain, the knot on the chain
The way to count, calls for global network participants to use their own idle equipment (eg: PC, routing, TV box, hands Machines, etc.) Share it out and provide upload traffic so that Internet acceleration nodes are everywhere. BLOCKCDN based Ethereum’s smart contract system allows idle bandwidth users without additional investment. Share idle internet devices and upload traffic for higher revenue, and also allow site owners who need to accelerate to get prices Cheaper, more nodes, faster distributed CDN services.

https://atmchain.io/

ATMChain is an intelligent, trustable and open digital media ecology, which is a creative application of the blockchain technology in the digital media industry. ATMChain uses ATM (Attention Token of Media) as the token to achieve value quantification and value circulation in the ecology. ATMChain encapsulates the underlying blockchain technology to provide access for media platforms. It also provides services like smart contract setting, smart contract trigger, automatic dividend transfer, data onchain, data query, etc. The value proposition of ATMChain for the digital media industry is as follows:

  1. Users: rewarded with tokens when they pay attention to view digital media information, with their personal privacy and data being protected.
  2. Media operators: improved profit, improved accuracy of advertising delivery, and reduced fraud.
  3. Media clients: high quality user reports, better spread effect at a lower cost, and higher conversion rate.

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Bhavik

On a personal level, I consider myself a young dynamic open-minded person with a particular interest in entrepreneurship and new technologies.