An announcement has been made by Theta labs that Theta network a blockchain video infrastructure protocol, will soon team up with Dlive platform which is a Pewdiepie streaming platform. As reported by Cointelegraph on Oct.10, this partnership will allow peer to peer video content relaying and the use of token rewards.
Following a report that was previously released by Cointelegraph, Pewdiepie which is the platform behind the most subscribed YouTube gaming channel has been exclusively streaming on Dlive since April 14. A month after joining hands with Theta Network, Pewdiepie has experienced a 67% increase in active game participants. Dlive platform claims that it had accounted for 70,000 streamers and over 5,000,000 viewers during that time.
Increasing Content Delivery Costs Cut Down
The Chief executive officer of Lino which is the parent company to Dlive- Wilson Wei, noted that the partnership’s main aim is to cut down the fast-increasing content delivery cost by half. He added that despite the fact that Dlive has experienced tremendous growth in 2019, content delivery costs have been getting higher all the same. Reducing these costs by 50% would make Dlive platform growth sustainable and introduce a new way of issuing token rewards to their active users.
Streaming as You Earn Tokens
The first step the partnership will make is to incorporate Theta Network’s peer to peer streaming protocol into Dlive on both mobile devices and desktops. This will make it easier for users to earn token rewards as they relay video on Theta Network.
The partnership has a future plan of deepening their collaboration. This includes content syndication and cross-promotion between Dlive platform and SLIVER.tv.
On other news, Twitch- Amazon-owned streaming service seized using bitcoin as its subscription’s payment options.
In April, AltDex-crypto indices provider launched a crypto index for gaming-related tokens. The crypto index is designed to track video games cryptocurrencies and tokens.