The future of Steemit is live streaming video
The live streaming Steemit future
Based on information revealed by Dan and Ned on the direction of Steemit, and the addition of profiles, to achieve "small town" social dynamics, I've researched and reached a conclusion that live video is the future of Steemit. This would connect with my previous post about how Blab.im is doing what Steemit developers should also be doing which is to develop an environment where people can video chat with their selected group of friends or broadcast professionally. The problem is the current iteration of Graphene doesn't seem to be built for that and the question is will the new Graphene 2.0 allow for it?
What was Blab.im and why could it be a model?
Blab.im was essentially a video broadcast and live stream community. It grew very fast but only achieved 400,000 active users the first year. The developers thought this wasn't good enough so they are redesigning it. Steemit with live broadcasting would be able to grow by an order of magnitude and properly gamified it could be better than anything else out there.
Example Blab broadcast:
What about getting paid to broadcast live content?
This is where Steem can really shine. Blab and other competitor sites cannot offer payment. Youtube does but it's more based on ads. The question is can Steem monetize in such a way that broadcasters and chatters can get paid to share their lives? People will likely live stream more of their life if they get paid more, as we see with reality TV. Life streaming is a future trend which can emerge once the reward incentives are in place. Live content is more valuable than static content but does Steem have a way to handle the live video broadcasting?
Twitch.tv and Blab.im are two primary examples to study for sake of learning how to build it, but Steemit with its built in blockchain capabilities can blend rewards into social life. Through this mechanism community can be built indirectly, privately and publicly, in chatrooms and in live broadcasts. Each account will be able to host a video show, a reality show, or just chat with their friends and be upvoted.
Reference
Agreed. I had raised a similar point some time ago here: https://steemit.com/steemit/@claudiop63/do-you-want-steemit-tv-live-video-feeds-on-steemit
Resteemed and tweeted!
Interesting thoughts. I think this idea has legs as you need the server network capacity to drive this and a crypto based system that rewards the content and the network is very powerful.
I agree that this is a great steemit opportunity. Video streaming with micro-payments would from the platform would be a game-changer. For instance, in South Korea, huge numbers of people watch other people eat. Read about that here.
Just watched the video, as I had no idea of what blab was! Really interesting.
Not to spoil the party, but blockchains are better suited for storage, not live broadcasting.
Each video would be stored if the broadcast finishes or is interrupted.
No, storage is not a good use for blockchains. Streaming also doesn't rely on the blockchain itself, because only the hashes to the video streams stored elsewhere would be on the blockchain. A centralized front end like Blab could work, with a blockchain backend, provided the blockchain itself could scale enough and the centralized portion also scales.
Upvoted, resteemed, shared!
Upvoted, resteemed, shared..... has a nice ring to it and done the same!
100% agree with you bro i think why not steemtube but on a netflix scale.
we need steemq to have decentralized video sharing!
it will be difficult c hallenge too host streaming video over blockchain etc
Very interesting and good idea! Maybe it solves the problem that many of us don't know what could be interesting; but on our way through the day we could share interesting situations; just brooding...
Tweeted your artcle: https://twitter.com/CindyDBrown1/status/781788213077770240
Disclaimer: I am just a bot trying to be helpful.