Blockchain Progress News & Updates

Hello Decentralization. Goodbye YouTube

YouTube’s most #popular #content #creator will ditch the video #juggernaut in favor of crypto-based #DLive in a massive win for blockchain #awareness and adoption.

With 93 million subscribers (and counting) Felix #Kjellberg AKA #PewDiePie is without question YouTube’s biggest, most successful #creator, with an estimated net worth of between $30-$50 million.

His “work” as a #vlogger, #entertainer and #gamer is recognized the world over and has spawned a million imitators and helped #propel the platform’s #popularity, but he is leaving the site with the hope of being treated as a “real partner” at #DLive.

OUCH!

The move to the #decentralized platform which is built on the Lino #blockchain (Livestream Now) and uses tokens to reward #content creators for their work is a severe blow to #Google-owned #YouTube, as he’ll be taking his loyal #subscribers with him.

Kjellberg said:

I’m excited to start #live-streaming again regularly. #DLive is great for me because I’m treated like a real#partner just like all of the other #streamers on their unique platform.”

In a video yesterday (April 9), #ewDiePie announced the partnership and his #reasons behind the move.

To #date, the video has been watched more than 4.3 million times by #PewDiePie’s #legion of #fans and has already generated 36,000 #comments.

PewDiePie ditches YouTube

PewDiePie ditches #YouTube. PewDiePie AKA Felix #Kjellberg announces his #partnership with blockchain-based #DLive. Source: YouTube

YouTube and #Twitch have helped grow an army of #streamers and #vloggers but at the same time often take a huge cut from their #earnings. For example, Amazon’s #Twitch service reportedly keeps 50% of #channel #subscription revenue.

SHARING THE WEALTH

It’s not been #disclosed just how much Lino is #paying the star, but #founder #Wilson Wei said they were excited to be working with him. He says #DLive pledges it will never take a cut from #content creators’ work through subscriptions or digital gifts:

#DLive is a place where instead of competing against each other, it #benefits #creators to support one another. #PewDiePie has always been a fierce advocate for the #value that creators bring with their hard #work, time and effort, and he believes in DLive’s #vision.”

He hasn’t published a #video yet but already has 76,000 followers (and growing) and has promised in his first DLive stream on April 14, to #dish out between $10,000 and $50,000 in #Lino #tokens to other content #creators to share the# wealth and help the #platform to develop.

PewDiePie ditches YouTube

#PewDiePie ditches #YouTube – 76k followers and he hasn’t even published a video yet. Source: DLive

The #move will help #Wei grow the fledgling #platform, but will also provide further revenue #opportunities for #PewDiePie, who has been engaged in an epic subscriber #battle with Indian #corporation T-series for the past few #months.

Kat #Peterson, a member of Kjellberg’s #management team said:

This #platform is able to support #creators, in terms of the #revenue share, in a way that is hugely #favorable to the creator. He’s #donating #Lino Points to other #creators to get everybody on the #platform excited that he’s there.”

THE END OF A #ROCKY ROAD?

PewDiePie’s #relationship with #YouTube has been a rocky one but even after the #livestream #star made a series of ill-advised #videos in which he used Nazi imagery and antisemitism in a crass attempt at #humor, it has refused to sever its #ties with him #completely, he simply helps them #generate so much money.

However, the #stunts did lead #YouTube to cancel its original series #Scare#PewDiePie and to him losing a deal with #Disney’s Maker #Studios.

At times #controversial, his work has received #billions of views, but has also led to #allegations of white-#nationalism and #anti-semitism.

Most recently his name was used by the #Christchurch terrorist #Brenton #Tarrant who reportedly told viewers to “Subscribe to PewDiePie” before he #livestreamed his #massacre of 50 men, #women and #children at two mosques in #NewZealand.

Lino Network was founded in July 2017 and last year raised $20 million in funding from #venture #capitalists.

#DLive is the first #decentralized #app built on top of Lino and launched September 2018. #Founders claim it has more than 3 million monthly active users plus 35,000 active #streamers.

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