YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

Post by m52go » Tue, Apr 10, 2018, 2:13 PM UTC

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…

Post by tokai » Tue, Apr 10, 2018, 2:15 PM UTC

wolco wrote: post #64

richjdsmith wrote: post #35

Earlier quoted context omitted.

I doubt it. I wouldn't be surprised to see a situation that content creators would pay google for visibility (notifications, showing up in subscribers feeds etc.) in order to satisfy their product placement contracts.

Youtube has been labeling these videos with a paid promotion scrolling warning.

Post by strictnein » Tue, Apr 10, 2018, 2:17 PM UTC

LordHeini wrote: post #138

strictnein wrote: post #127

Earlier quoted context omitted.

A lot of that is fully monetized by the copyright owners.

Or the random person who uploaded it.

Post by bonesinger » Tue, Apr 10, 2018, 2:26 PM UTC

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…

Post by nailer » Tue, Apr 10, 2018, 2:26 PM UTC

vinceguidry wrote: post #143

nailer wrote: post #131

Earlier quoted context omitted.

Perhaps a commercial BBC that could actually sell it stuff to people who want it would help a) the BBC b) people who want it? > Tories are always looking for an excuse to shutdown the BBC so their donors can pillage the public commons and eat the corpse. Or maybe it's because it's not the government's job to run TV channels and radio stations, nor is it the public's job to fund them?

> Or maybe it's because it's not the government's job to run TV channels and radio stations, nor is it the public's job to fund them? Public broadcasting is great, so many wonderful shows in the US would not have been able to have been made without it. But go ahead, sacrifice public media to the god of market economics. You might not miss it when it's gone, but it will be a sad day indeed.