Blockchain technology is currently revolutionizing a broad spectrum of different industries, but has only now just begun to enter the world of gaming. Traditionally, the gaming sector has been one of the most technologically forward-leaning industries, but blockchain developers have only just begun to explore the possibilities presented by crypto tech in gaming.
A new blockchain platform is aiming to create a fully realized ecosystem for the esports and gaming industries. The Play2Live platform focuses on the practical needs of game streamers, as well as the content generation process.
In this article, we’ll take a look at the Play2Live platform and find out what it offers to help you determine whether it’s worth keeping an eye on.
What Is Play2Live?
There are currently a small number of blockchain projects that focus on the gaming industry, but virtually all of them are focused on monetization, tokenization, or other financial aspects. Play2Live, on the other hand, intends to provide a wide range of personalization options, functionality, and applications that are focused specifically on the eSports industry.
The Play2Live platform is designed to benefit all participants of the system, from streamers and viewers to tournament organizers. All of these parties are able to benefit from more efficiently regulated peer to peer relationships. Play2Live isn’t simply a streaming platform, it’s also a full-stack service provider.
Play2Live also makes it possible for streamers to begin monetizing their content as soon as they get started, delivering a range of tools that streamline the monetization process. Importantly, the Play2Live platform also makes it possible for users to completely eliminate advertising from their streaming experience.
Another major feature of the Play2Live platform is the amount of interaction it offers between streamers and viewers. On Play2Live, viewers are able to exert influence over the scenario of a stream and directly engage in the content that is being streamed.
How Play2Live Works
Play2Live can be broken down into three different service suites. Streamers are able to earn money from their very first stream, and leverage 11 different monetization techniques. Viewers are able to enjoy a completely advertising-free viewing experience, and interact with streamers in more than 15 different ways.
Esports tournament organizers are able to use the Play2Live platform to collect funds for tournaments for any game that is on the platform. Users of the Play2Live platform influence this process directly, allowing for democratic user-oriented tournament and content creation.
Interestingly, Play2Live uses an embedded content crowdfunding system that allows users to generate the content they want to see, fund it, and ultimately purchase tickets for it. The tokens used to pay for these tickets are native to the Play2Live blockchain, and can be earned by watching advertisements- which can be turned off at any time.
The Play2Live platform is a unique solution that uses blockchain technology to address the major issues with the streaming and esports platforms that are in existence today. The Play2Live Token pre-sale is set to launch on the 20th of November 2017, and is definitely worth getting involved with.