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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

#91

Post by iamben »

Doesn't all this come back to "it's better until it has to play within the confines of the system"? I see so many articles about X disrupting Y, but if Y is operating within the confines of the law, half the reasons people are saying X is better are moot as soon X comes in line with Y.

WRT to the article - YouTube may have clamped down on blockchain ads and extremist content, but what happens when DTube (or whoever) starting getting in to hot-water relating to the content, or the ads they're showing. Or someone decides to go hard about cryptocurrencies and taxes and they get caught up. Then it's just another YouTube without as many users.

All that said, I applaud anyone that tries to compete against a monopoly. Just think the odds are very much against them.

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

#92

Post by roadbeats »

cornholio wrote: post #54
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 certainly don't need blockchains and distributed databases to reward creators, centralized solutions like Patreon work perfectly fine. If you want Netflix style monetization, that is not a technical problem but a social one, Netflix relies on the concept of copyright. Any community that does not respect copyright will switch to the free alternative, leaving voluntary donations as the only monetization option. May…

Patreon works only for artists in a few countries. The point of cryptocurrency is to be inclusive; anyone in anywhere can benefit from it.

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

#93

Post by amdavidson »

lilbobbytables wrote: post #85
rusk wrote: post #80

Earlier quoted context omitted.

Well for me, in my jurisdiction HBO just simply isn't available. That's hands down about as inconvenient as you can get. In jurisdictions where it is available it's often only available as a part of a larger cable package. If you're signed up with another provider that's pretty inconvenient also. There is a well worn cartoon on this topic that sums up the position of many quite well [0] [0] http://theoatmeal.com/comi…

You'll notice that in the HBO Go screen there was an option to subscribe if you don't already have it through your cable plan.

That was to subscribe to HBO from your cable provider if/when they decided to offer HBO GO, the streaming service.

When this comic came out(2011) HBO Now (confusingly separate from HBO Go) did not exist.

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

#94

Post by prepend »

catamorphismic wrote: post #30
mrtksn wrote: post #28

Earlier quoted context omitted.

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.

Is it related to “regression to the mean?”

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

#95

Post by dyukqu »

Jyaif wrote: post #11

Roughly half of the content is about cryptocurrencies. The other half is stolen content (e.g. https://d.tube/#!/c/nba-highlights ). I don't think YT and FB are sad about losing those types of "creators".

They say "Good artists copy, great artists steal". :-) I'm not sure whether it's true or not. Just saying...

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

#96

Post by nodja »

wernsey wrote: post #79
snikeris wrote: post #50

Yours.org is is my favorite example of this. Writers of articles receive Bitcoin Cash from the community. Interestingly, it costs Bitcoin Cash to upvote content and comment on things. Presumably this helps combat upvote bots and spammers. Edit: forgot to mention that if you upvote content, later upvotes of the same content earn you money. This incentivizes people to discover and promote new content they think will be…

I find it an interesting concept, but as with so many of these solutions I don't really see why you have to have Bitcoin Cash to make it work. They could charge your credit card for upvotes and pay you in fiat like Patreon does, and the functionality will be exactly the same from the end user's perspective.

I think it boils down to payment processing fees. For patreon for example it would be super inconvenient (and expensive) to process all payments individually, so payments are made in bulk. This is why monthly payments are the standard.

With crypto you can perform instant sub $1 payments with minimal fees (blocks aren't full so it's super low atm). It also saves not having to handle chargebacks, fraud, etc.

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

#97

Post by maxencecornet »

netzone wrote: post #87
maxencecornet wrote: post #12

Earlier quoted context omitted.

How do you know that ? Are you familiar with Dtube or steemit ? As a Dtube user, It's true that there are more and more content creators everyday on the platform. The amount of content is still veeeeery far away for Youtube's, I'm pretty sure Youtube/Medium/Twitter don't really care about their blockchain-based counterparts right now, because of how small and hard to scale they are

Well.. That's the point isn't it? I've never heard about it, and likely only people interested in blockchain stuff has, I would guess. On that note, are there any mainstream blockchain based sites or apps right now? Would be interesting to know.

>likely only people interested in blockchain stuff has

Not sure, Furious Pete has moved his audience to Dtube and he is a fitness vlogger

>On that note, are there any mainstream blockchain based sites or apps right now? Would be interesting to know

I think that Circle is the most mainstream blockchain based app right now, because no one using it know that it's blockchain-based !

https://www.circle.com

https://en.wikipedia.org/wiki/Circle_(company)

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

#98

Post by mattmanser »

toyg wrote: post #83
fredley wrote: post #78

Earlier quoted context omitted.

For Game of Thrones it's not such an issue, but I do feel bad if there's e.g. an old BBC film I want to watch, but there's no way to get it legally, sometimes at all. Other times it's £20 for a DVD. No way I'm paying three months of Netflix subscription (or a large fraction of a license fee) for that. The BBC has such an extensive and amazing back catalogue of content they wholly own. Why they don't chuck it on iPlay…

> Why they don't chuck it on iPlayer is beyond me. Because they would devalue new productions. The more license-payers watch old movies, the less they will watch Top Gear or Strictly or whatever it's supposed to be big now. This would mean less interest in new productions, less stuff sold by BBCWorld (or whatever it's called these days), less money going around... like all companies and organisations, the BBC wants t…

No, I believe it's because it's against the law.

They have rules on what they can and can't do because they're publicly funded.

It's to allow the commercial operators a way to compete.

And even if it's not, they have to operate in a political context, the Tories are always looking for an excuse to shutdown the BBC so their donors can pillage the public commons and eat the corpse.

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

#99

Post by rbanffy »

toyg wrote: post #83
fredley wrote: post #78

Earlier quoted context omitted.

For Game of Thrones it's not such an issue, but I do feel bad if there's e.g. an old BBC film I want to watch, but there's no way to get it legally, sometimes at all. Other times it's £20 for a DVD. No way I'm paying three months of Netflix subscription (or a large fraction of a license fee) for that. The BBC has such an extensive and amazing back catalogue of content they wholly own. Why they don't chuck it on iPlay…

> Why they don't chuck it on iPlayer is beyond me. Because they would devalue new productions. The more license-payers watch old movies, the less they will watch Top Gear or Strictly or whatever it's supposed to be big now. This would mean less interest in new productions, less stuff sold by BBCWorld (or whatever it's called these days), less money going around... like all companies and organisations, the BBC wants t…

This idea is based on the assumption people who'd watch stuff from BBC's old catalogue would, instead, watch Top Gear or Strictly. These are probably a couple different demographics, distinct enough to warrant separate delivery options.
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