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 VeraViews, 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.
