PewDiePie, the most subscribed individual on YouTube, recently posted a video on YouTube in which he discussed Tron. The Tron (TRX) cryptocurrency is the 11th cryptocurrency by market cap in the world and is an important part of the Tron ecosystem.
In a recent YouTube video, PewDiePie talked about the reason why he joined DLive a while back. He said that one reason why he joined DLive is that it did not take any of the money made by content creators. According to him, he noted that 100% of the revenue made by content creators was handed over to them. Besides that, it had incentives for viewers to engage with their content creators. A while back, Visionary Financial had reported on the DLive platform, mentioning how powerful the revenue model was for content creators.
Tron Buys DLive
This video by PewDiePie comes about two weeks after it was revealed that Tron had bought DLive. The Tron CEO said that they plan to integrate DLive with the BitTorrent ecosystem and BLive. During the video, PewDiePie also revealed that he would give away his gaming chair to celebrate the entry of DLive into the BitTorrent ecosystem. He also explained what BitTorrent was to his viewers. According to him, BitTorrent is the largest P2P file-sharing network globally and it runs on the Tron Blockchain. He noted that the network had over 100 million users, which is also the same as the number of people who subscribe to his channel.
Justin Sun Responds
Soon after PewDiePie published his video, the Tron CEO Justin Sun posted a response on his YouTube channel. During the video, he went into further discussion on the subject. The comments section on his tweet was, as expected, a mixed bag. While some were supportive of him, some wondered why he had not posted the video on the DLive platform.
Effect on Tron Price
Thus far, the video by PewDiePie does not appear to have had any impact on the price of TRX. However, Tron is up about 2% in the last 24 hours. This is nothing out of the ordinary, as a majority of the top 10 cryptocurrencies by market capitalization have been in the green as well. If you look at the price chyron on the top of this page, you will see that BTC prices are just above $8100. On the longer scope, TRON continues to trail Bitcoin in terms of overall performance. The TRX/BTC chart below references the price action since beginning of 2019 when comparing TRON to Bitcoin.
The Future of Content Creation
For many years, content creators have complained about the unfair power that YouTube and other platforms have. They claim that while they do all the hard work, companies such as YouTube usually keep most of the profits and only give a small percentage to content creators.
DLive has found a niche. The platform promises to be fairer to content creators by allowing them to keep every penny they make from their platform. Their use of blockchain technology also ensures that everything about their processes is transparent and content creators and users do not feel exploited.
While DLive and other blockchain ecosystems such as the Brave Browser are still in their infancy, this could be the future of content creation. Blockchain technology could help to even the playing field. However, it is worth noting that existing platforms have a lot of financial muscle and if they feel threatened by decentralized platforms, they could simply buy them out.
Image Source: Flickr / Crypto Dost