YouTube and Facebook Are Losing Creators to Blockchain-Powered Rivals

Post by jadedhacker » Tue, Apr 10, 2018, 2:45 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 kadenshep » Tue, Apr 10, 2018, 2:46 PM UTC

fortythirteen wrote: post #90

All of these "alternatives" suck. Whether you believe in censorship or not (I don't), building a no-censorship alternative to a major media platform mostly attracts the people who were censored because of truly abhorrent content. Gab and voat suck because 90% of the content is extremist bullshit. The development community needs to stop building "alternatives", with the hope that they become the next big thing, and go…

Post by snikeris » Tue, Apr 10, 2018, 2:48 PM UTC

simias wrote: post #122

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…

Paying for moderation/upvotes sounds like a terrible idea to me, it basically turn all posts into "promoted posts". If the platform becomes successful what will prevent companies and lobbyists from paying to have their content at the top, always? This is already a problem with popular platforms like reddit (and to a lesser extent HN) where this is actually considered inappropriate and against the rules, I'm not sure…

Post by EpicEng » Tue, Apr 10, 2018, 2:50 PM UTC

ghostbrainalpha wrote: post #173

kitotik wrote: post #109

Earlier quoted context omitted.

They still are anything but sad about it. The amount of pirated music on their platform is mind boggling.

Look up Mickey Mouse Clubhouse on Youtube. If you can steal from Disney, Youtube doesn't care. And no these videos are not being monetized by the creator.

Post by [deleted] » Tue, Apr 10, 2018, 2:52 PM UTC