Review on YouLive Coin by Fabrizio Zampieri
YouLive's mission is to build the truly decentralized live social platform…
YouLive's mission is to build the truly decentralized live social platform through blockchain technology to enable real-time content sharing, social networking and circle building through community-based autonomy. This project, launched in 2017, is focused on the anchor and the audience.
Around the YouLive community, members are empowered to the appropriate rights / rewards:
- Influencer (this category gets 100% of the gift income from Viewers -fans-, as well as all other income);
- Viewer (the Viewers can be rewarded for community development by participating in community activities; they can gain advertising revenue share);
- 3rd Party Service Providers (they are free to sell their own technical achievements or provide services to the Influencers/Viewers; they get paid directly for service delivery);
- Advertiser/Sponsor (they can freely choose the business cooperation with the Influencers according to their influence. The Advertiser/Sponsor can reduce intermediate costs).
DSN (Decentralized Streaming Network) is a distributed streaming media network driven by users and a new local blockchain. The purpose of this technology is to enable users around the world to use unused PC bandwidth and resources to cache and forward video streams to the network In other users, to maximize the effect of streaming media.
YouLive Coin (UC) is an ERC20 token based on the Ethereum blockchain. YouLive Coin has a current supply of 10 billion UC (there isn't any information about UC supply circulating).
UC is tradable on Huobi Global, Bit-Z and BCEX exchanges.
Pros
- - Transparent, open and fair live community. - High quality output of content producers. - High level technology (DSN -Decentralized Streaming Network-). - Maximized bonus for participants. - Type of community participants extremely varied and differentiated.
Cons
- - There is still a lot of work to do (the DSN Distributed Stream will start in Q2 2019 - YouLive token ROI -7,23% (return on investment if purchased at the time of launch). - Many competitors.
