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PewDiePie Boosts Blockchain Streaming Platform with 67% Subscriber Spike

Pewdiepie boosts blockchain streaming platform with 67% subscriber spike

PewDiePie Boosts Blockchain Streaming Platform with 67% Subscriber Spike

Pewdiepie boosts blockchain streaming platform with 67% subscriber spike

By CCN: Sweden’s Felix Kjellberg AKA PewDiePie, YouTube’s most popular streamer, has been up and running on cryptocurrency startup DLive for a little over a month and is already drawing in the crowds.

DLive’s subscriber numbers are already up 67% since PewDiePie joined the platform. The company has not released official numbers regarding Kjellberg’s specific impact but it’s safe to say that most of their success can be attributed to Mr. Pie’s exclusive streaming deal.

Signing established streamers will be key to stealing market share from current players like Twitch. PewDiePiew has nearly 96 million subscribers on YouTube and has been one of the highest growth channels since 2013 when he took the crown of the most subscribed creator.

Turning the Streaming Model on its Head

The move to DLive comes in direct competition with Amazon subsidiary Twitch.tv. DLive is a Chinese-led initiative looking to capitalize on the disruptive nature of blockchain payments. So much so, that the company is taking the fight directly to Twitch by reducing its cut from creators to zero. That’s right, nada, nil.

Twitch’s model revolves around a whopping 50 percent of all revenue generated by streamers. DLive plans to make the shortfall from processing fees and other means but like so many other startups, the goal is to massively scale first and monetize later.

PewDiePie is donating $12 000 to support new creators on DLive

With revenues declining on YouTube, PewDiePie’s move is obvious. Kjellberg made the following statement before the deal in April:

“DLive is great for me because I’m treated like a real partner, just like all the other streamers on their unique platforms”

Kat Peterson, a member of Kjellberg’s management team, also weighed in on the issue:

“This platform is able to support creators, in terms of revenue share, in a way that is hugely favorable to the creator.”

DLive will, of course, still allow their fans to donate to their favorite streamers, similar to how Twitch currently functions. The platform’s cryptocurrency is the so-called Lino Point and can be purchased with Bitcoin or via PayPal. Co-founder Charles Wayn:

“I think the lack of transparency and the huge cut that platforms take from content creators, are the two biggest problems the online streaming industry has. And blockchain is the perfect technology to solve both problems”

PewDiePie Brings Massive Growth

The live streaming business is estimated to be worth over $10 billion. Twitch has an impressive 2.2 million daily streamers while DLive currently only has around 70,000.

There’s a lot of room for growth, however, highlighted by a massive 2 million users joining the platform since March. That brings the total monthly users up to just over 5 million. DLive’s profit model is not very clear, however, raising questions about its long-term viability.

Controversy is King

Mr. Pie is no stranger to controversy. In January of 2017, one of his videos appeared to show him using a racial slur that caused the hashtag #PewdiepieIsOverParty to take off on Twitter.

Many fans believed the remarks would end his career but the self-made Swedish just goes to prove that controversy is king. Speculation runs rife online over how much cash Kjellberg brings in. By some estimates, he earns over $21 000 per video. It remains to be seen whether DLive and its userbase can match those kinds of numbers in the future.

Published at Wed, 22 May 2019 06:18:45 +0000

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FundYourselfNow Crowdfunding Platform Announces Q1 2018 Launch, ICO Starts June 2, 2017

A new smart contract based crowdfunding platform, FundYourselfNow.com is set to launch in Q1 2018, making its services available to cryptocurrency investors and entrepreneurs. The platform is built with a goal to help the project leaders raise funds in bitcoin and Ethereum, to back their ideas through various partnerships.

[Note: This is a press release.]


The platform’s mission aligns with the recent trends in the cryptocurrency market which saw a huge rise in ICO investment during 2016. During the period, over $200 million raised across the board. Despite the huge influx of ICO investments, smaller and less technically savvy project leaders are less able to orchestrate such investment vehicles.

FundYourselfNow aims to simplify the crowdfunding process, to give all ‘Project creators’ a chance to receive the necessary funding to establish themselves in the market. FundYourselfNow project creators will be able to create virtual tokens, which will offer unique customized rewards to the investors, which contribute towards the project. The tokens will eventually be eligible to be traded on cryptocurrency market platforms.

FundYourselfNow Crowdfunding Platform Announces Q1 2018 Launch, ICO Starts June 2, 2017

FundYourselfNow is built over Ethereum platform, leveraged by its smart contract capabilities. It has already seen significant developments in terms of inclusion of bitcoin support via Rootstock and more as the team prepares for the crowdsale.

The Ethereum smart contracts are designed to promote a level of accountability within the crowdfunding ecosystem. The platform has a milestone-based payment option, which allows project investors the ability to withdraw fund, should a project fails to deliver on its targets. This alleviates a large portion of the risk currently faced by investors in most standard cryptocurrency ICO’s.

Hong Kong-listed company, Success dragon International’s CEO Carlos Salas recently lead the seed funding round for FundYourselfNow. Carlos, also an angel investor and accomplished businessman, helped the platform reach their initial funding goal faster than anticipated.

The funds raised through crowdsale will be utilized by FundYourselfNow to continue the platform’s development and offer project creators cryptocurrency-backed funding, through their crowdfunding campaigns.

Pinnacle Digital has acquired Caxton Worldwide Success Limited, in order to assist FundYourselfNow to achieve its own separate legal status. Led by Pinnacle Digital’s team, FundYourselfNow will continue its fundraising and development under the heading of Caxton Worldwide Success Limited. The platform has scheduled its upcoming ICO on June 2nd, 2017, giving investors a chance to support the crowdfunding project from day one.


Images courtesy of FundYourselfNow, Shutterstock

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