The
emergence of video crypto initiatives has been one of the most exciting areas
of development in the Crypto World lately. These decentralized platforms for
video sharing and streaming use blockchain technology and crypto to facilitate
their operations.
In
this article, we'll take a closer look at some of the most promising platforms
in this sphere.
Aioz Network ($AIOZ)
Aioz
Network prioritizes fast content delivery and aims to connect creators with
their supporters. AIOZTube allows users to share videos and receive crypto
rewards; there’s also a subscription video service for streaming shows and
movies (AIOZ OTT) as well as a live-streaming app (AIOZ TV).
Edge
nodes are rewarded with $AIOZ tokens for distributing and storing digital media
content, while creators are incentivized for the content that gains popularity
with the users. Advertisers can also reward both content creators and consumers
for their attention and data. Aioz Network plans to use NFTs to create more
complex and rewarding systems.
Theta Network ($THETA)
Theta
Network is a decentralized platform designed for the media, video, and
entertainment sectors. Viewers can earn crypto rewards for sharing excess
bandwidth: this is the way they take part in the network’s operations. This
makes high-quality video streams possible without the need for building
expensive infrastructure.
THETA
is the governance token of the Theta Network which is used for staking and
running validator nodes. It can also be used to pay for premium video content
on the platform.
What is theta fuel then? It is an operational token used to make
transactions on the Theta blockchain easier. For example, Tfuel is made for paying for video delivery
services, interacting with smart contracts, etc.
Verasity ($VRA)
Verasity
is a video-sharing platform that concentrates on video entertainment and
Esports. With their product called Vera Views, they want to increase revenue
from advertising and improve its quality for consumers who are rewarded for
their attention. By doing so, they aim at solving such problems as ad fraud and
manipulating analytics.
Another
unique feature of Verasity is its Proof of View (PoV) technology, which allows
creators to monetize their content based on the actual engagement and views of
their videos.
In
addition to video-sharing, Verasity also offers a range of other services,
including e-commerce solutions, advertising tools, and analytics tools to help
creators grow their audience and revenue.
All
in all, the future of video streaming services promises lots of potential
benefits. As more and more creators and viewers accept this new concept, we
will probably see new projects similar to the ones we’ve discussed. Whether you
are a creator, investor, or just a curious observer, crypto video projects are
certainly worth watching closely in the upcoming years.
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