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YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

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Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#21

Post by realusername »

mrtksn wrote: post #15

You know what's interesting? A Decentralised media platform used to be huge and actually is still huge: Torrents. There's a huge community that consumes media that's not hosted anywhere particular and there are apps like Popcorn Time that offer viewing experience almost as good as Netflix. The problem, of course, is that up until now there was no way to reward the creators and almost all the media consumed on Torrent…

You have people trying to mix cryptocurrencies and torrents as well to achieve this exact purpose. The two main ones I know are Upfiring (https://www.upfiring.com/) and VTorrent (http://vtorrent.info/)

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#22

Post by ctraynor »

mrtksn wrote: post #15

You know what's interesting? A Decentralised media platform used to be huge and actually is still huge: Torrents. There's a huge community that consumes media that's not hosted anywhere particular and there are apps like Popcorn Time that offer viewing experience almost as good as Netflix. The problem, of course, is that up until now there was no way to reward the creators and almost all the media consumed on Torrent…

Can you give a bit more detail on the term "Averagisation", couldn't find much about it from a quick google.

What you describe sounds more like polarization.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#23

Post by maxencecornet »

Jyaif wrote: post #20
maxencecornet wrote: post #14

Earlier quoted context omitted.

> paying with cryptocurrencies or is the content delivery based on blockchains Both "Because of the decentralized nature of IPFS and the STEEM blockchain, D.Tube is not able to censor videos, nor enforce guidelines. Only the users can censor it, through the power of their upvotes and downvotes."

Videos are distributed by http://d.tube , and hosted on http://ipfs.io , so obviously that's a lie.

This was literally their description on /r/Dtube

You are probably right, their wording is pretty confusing, with that part : "[...]and the STEEM blockchain"

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#25

Post by nafest »

STEEM is full of bots and content with purchased upvotes. (most articles have more upvotes than views, funny, hey?) There are only about 60.000 active users and this number is stagnating for months. No way, that Facebook or Youtube are loosing users towards this platform.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#26

Post by ruiquelhas »

> All three advertising-driven sites are phasing out ads for cryptocurrencies, shielding themselves from potential legal liability if the ads are scams or the digital coins are eventually regulated as securities.

There isn't any other reason for these platforms to have any kind of usage whatsoever as of today. The creator of one of those so-called blockchains is a known scammer himself, so I guess it makes it full-circle.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#28

Post by mrtksn »

ctraynor wrote: post #22
mrtksn wrote: post #15

You know what's interesting? A Decentralised media platform used to be huge and actually is still huge: Torrents. There's a huge community that consumes media that's not hosted anywhere particular and there are apps like Popcorn Time that offer viewing experience almost as good as Netflix. The problem, of course, is that up until now there was no way to reward the creators and almost all the media consumed on Torrent…

Can you give a bit more detail on the term "Averagisation", couldn't find much about it from a quick google. What you describe sounds more like polarization.

I just coined that word, but you are right that it is polarisation in a sense that it's either too light or too heavy.

However, what I mean by "Averagisation" is that all the content begins to look like the previous one and as the trend is to drift either to the most monetizable or most politically extremist.

I wouldn't call this polarisation because these are not polar opposites. The "nice, advertisers friendly" content is not polar opposite to the extremist content, they co-exist without any conflict. So, the content becomes more from the same, just they are in two categories.

Re: YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

#30

Post by catamorphismic »

mrtksn wrote: post #28
ctraynor wrote: post #22

Earlier quoted context omitted.

Can you give a bit more detail on the term "Averagisation", couldn't find much about it from a quick google. What you describe sounds more like polarization.

I just coined that word, but you are right that it is polarisation in a sense that it's either too light or too heavy. However, what I mean by "Averagisation" is that all the content begins to look like the previous one and as the trend is to drift either to the most monetizable or most politically extremist. I wouldn't call this polarisation because these are not polar opposites. The "nice, advertisers friendly" con…

"Uniformization" sounds like a better fit, if we are searching for a more conventional word.
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