A lot of us watch Youtube everyday. Money people because of youtube became millionairs. It has become an inseparable platform from our daily life. Creators get their money from the views they get and “clients” get their favourite content. Youtube has killed any other video platforms, but there are some who want to try different angle.
Odysee is a crypto video sharing platform. Based on LBRY framework, that holds METADATA of actual files. Kind of like a torrent. The files are somwhere in cloud and block-chain notices down where are they. Odysee then let’s viewers watch content, but it runs a small code that makes them pay for that in tokens. Content creators recieve tokens of Odysee and viewer can watch the content whenevr he wants. Content’s fee is added only by creator, so they pick how much money they want to earn. Most of the videos are free tho.
What distinguishes Odysee from Youtube? Mainly the fact that Odysee censors only terroristic, abusive and torture content. Which let’s creators to put in stuff thay aren’t allowed on youtube. Many people find it a relief.
Odysee still has some flaws. Upscalling isn’t working propely. Which you can see by entering any video. Another thing is that it’s not popular yet and not many creators are there to be found. Hopefully we will se some improvement in future.
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This vision is really good. Blockchain + video platform. However, to be honest I dont belieave that the described idea won’t catch because of the YouTube position on the market. Even if… In the best scenario for the Odysee, this startup would grow fast and eventually would become so big that Google would buy it to get rid of a new competition.
YouTube is a giant at this point. It will take much more than that to topple this behemoth. Besides, people are getting annoyed by 2 20 second ads and being ASKED to buy premium. I don’t think paying for videos will be appealing to anyone
Personally, I feel that it will be difficult to compete with YouTube as it currently has a large network of creators and consumers and like you mentioned, there are not many creators in Odysee, and without any creators, there won’t be much content and thus, lesser consumers. Thus, Odysee would have to burn a lot of money to get creators onto their platform and market themselves better to let the public know of its existence.