Our most exciting development so far.
TLDR;
Our streaming app phase 2 upgrade is fast approaching, with current estimates for launch falling before the Christmas break. The streaming section of our whitepaper has also been updated, with all but the final section below.
Along with releasing our own sustainable watch-to-earn model, we’ve made it possible for any token to do the same, with a few clicks. Every token is now a watch-to-earn token, and the best part? It doesn’t need any ponzi-nomics. Other open features include:
1) Strap a bounty to a post or stream and reward the first X commenters and first X viewers, offering sustainable watch-to-earn.
2) Lock content or live stream behind any token contract.
3) PPV-wall any content or live stream behind any token contract.
4) Truly own your subscribers’ data for the first time, including emails and wallet addresses — allowing you to take your business anywhere.
5) Earn tips and transact freely in app via DeHub tokens.
Overview
As a streaming d’app, there is only a certain level of censorship resistance that would be deemed acceptable, given the illegal and immoral content that could be uploaded.
Therefore, we have built an articulate streaming d’app with decentralised moderation mining as well as instant 2 click watch-to-earn, content locking or PPVs for any token. Every upload automatically mints an NFT stored on IPFS while AI removes unlawful content and directs adult content to a dedicated 18+ zone.
Our d’app is unique as it empowers creators by enabling full ownership of subscriber data. You can now take your business anywhere you want and reach your audiences no matter what.
Given that data is the new oil, it may be wise to build your core community base at dehub.net and utilise your existing social media apps to funnel users in to grow your own valuable database and ensure you remain censorship resistant. No matter what happens, never lose touch with your audience, fans, community or customers.
We earn 10% of every bounty, PPV or fee generated in the d’app in any token while users all earn proportionate shares of ad revenue which is funded by the advertisers and sponsors on our website.
Working in cohesion with our gaming and marketplace d’apps and offering a platform to showcase developments and sell our products, the streaming app upgrade is scheduled for launch December 20th 2022. Please bear in mind that this is a soft date. In the meantime, enjoy some teasers below of the functioning d’app now officially on test net and dive deeper into the mechanics.
On this user upload dashboard, notice how simple it is for anyone to instantly upload content and in a few clicks enable the following:
- Watch2earn - every token now has sustainable 2 click watch2earn utility.
- Token-gated content - lock your stream or upload behind any token contract you require your viewers to hold.
- PPV events - charge in any token for a pay-per-view or live stream.
- NFT collectibles - every post mints an NFT that earns the lifetime royalty attached to the video.
- Earn - accumulate DeHub tokens via tips from supporters and rise up on the leaderboards for larger shares of ad revenue.
Every post automatically mints an NFT for the creator, of which the holder receives lifetime royalties and ad revenue associated with the video. Creators can choose whether to keep, gift or trade their videos directly on our marketplace.
Control what users can or can’t see while retaining the ability to export your followers’ data at any time. This gives you full ownership of your channel and allows you to take your business anywhere with you, no matter what happens.
Search bars aggregate YouTube and other major streaming app APIs to save you juggling multiple apps, while the explore page also houses our live community chat and dedicated leaderboards showing:
- Most views (MV)
- Most subscribers (MS)
- Biggest earners (BE)
- Biggest spenders (BS)
Together these metrics determine ad revenue share (RS). The exact algorithm to this is under beta and subject to change depending on revenue generated (RG):
MV + MS + BE + BS = (RG / RS)
This is the core algorithm, and experimentations in rewards will continue on a trial and error basis until the perfect equilibrium is found.
Badge of Honour
The more $DHB tokens you hold, the more rewarding it is, simple as that. This includes but is not limited to the Badge of Honour system that unlocks improved cosmetics on your public profile as well as further enhanced, premium features.
Token Tipping
Our Integrated tipping services across all uploads and live streams only come with a 10% fee, compared to the usual 60% charged by the likes of TikTok and other industry leaders while also having the ability to vote on video cancellations putting the power back into the hands of viewers.
Tips received for creators and tips given by viewers are logged in separate leaderboards along with viewer and subscriber counts that determine shares in ad revenue. Stakeholders of DeHub tokens receive their proportionate shares of overall protocol profit.
Decentralised Moderation Mining
In order to keep the streaming app clean, we’ve invented the above model that incentivises good actors and empowers users of the d’app to determine what should and shouldn’t be on the platform, barring the unlawful.
Only a few wallets hold over 50m $DHB tokens of which most are operational wallets with the remaining being known long term investors. Only the core team or significant investors will have the power to instantly remove a video by burning the NFT associated. Subsequently, all of the ad revenue generated and any play-to-earn bounties strapped to the video will be shared with all voting wallets to further deter bad actors and incentivise an engaged community.
*The amount of $DHB required for all utility is a dynamic variable and remains subject to change in relation to price. Any changes will be announced publicly on all official channels.
So what now?
With this d’app, we aim to onboard any and all project tokens and crypto native influencers to utilise the d’app and add amazing utility to their project for free and with a few clicks. We are also expanding onto mass retail markets rapidly as this app really possesses the exponential potential that we’ve hinted at so much in the past.
Live on the site already, we have the Magic Link integration which instantly creates a wallet for users managed by their email password meaning any web2 user can manage to use the streaming app fully. We are also implementing a ‘buy $DHB with fiat’ option so users can seamlessly onboard and load up their wallets ready to use in the d’app, with zero crypto skills and all through their email, password and bank account.
You will not need a wallet to watch anything but you will need an account, and therefore a wallet, to engage with the d’app and access enhanced features.
Refer to the streaming section of our whitepaper to keep up to date in future. We are expecting IOS and Android app launches early 2023 after the web app release which is now marked as imminent.
Thanks for reading or listening to this rather large yet special update and I truly hope you’re as excited as we are.
