Theta Network partners with DLive to bring decentralized video streaming to over 5 million users
San Jose, CA, October 10, 2019 — Theta Labs has announced that the Theta Network will soon be incorporated into DLive, the upstart live-streaming platform that has grown to more than 5 million monthly users in its first year of operation. Theta Network, the leading blockchain video infrastructure protocol, will work with the DLive platform to enable peer-to-peer video relaying of DLive video content.
DLive is preparing to take on YouTube and Twitch with a decentralized, collectively-owned video content distribution system to more fairly compensate content creators. DLive has seen explosive user growth since adding PewDiePie to its roster of streamers, with 5 million monthly users and growing across both desktop and mobile, and concurrent viewership has reached as high as 200,000 users for top streams. But major user growth comes with new challenges in scaling a video platform.
“The DLive platform has grown tremendously in 2019, but with that comes fast-rising content delivery costs,” said Wilson Wei, CEO of Lino, the blockchain protocol where DLive is built on. “By adding Theta Network to DLive’s video infrastructure, DLive can reduce those costs by 50% or more, making DLive platform growth more sustainable. This is how we can grow from 5 million to 50 million monthly users, and we’re excited to explore long-term strategic opportunities between Lino and Theta.”
The partnership will begin with Theta’s peer-to-peer streaming protocol being incorporated into the DLive video platform on both desktop and mobile devices, allowing DLive users to relay video on the Theta Network. Further collaboration is also in the works, such as content syndication between SLIVER.tv and DLive, cross-promotion and other ways to incentivize and benefit e the combined 8 million users.
“We’re thrilled to introduce the Theta Network to DLive’s 5 million users and bring decentralized video streaming to a mass audience,” said Theta Labs CEO Mitch Liu. “This partnership marks a major milestone for the Theta Network, making us one of the most widely utilized and adopted blockchain technologies of any industry. The DLive team shares our long-term vision to transform the media and entertainment industries through decentralized technologies, we’re looking forward to a great partnership.”