William pfp
William

@0xtheweb3nerd

there are a couple of onchain streaming platforms where the idea has been that streamers are able to be supported by their fans regardless of their geographical locations. a pretty cool idea given how payments on trad platforms work, but horrible execution by most of them so far why do i say so? well it has to do with the fact that every one of them requires you to launch a token via which fans can support you. the problem with this is that creators end up stuck with multiple coins or even have to create a coin; which is something that not most people are comfortable with. e.g. if you've got a coin on zora, and decide to go to pump for fun to stream, you're going to have to create a coin on the platform; which for many isn't something they like @dendotshow is an onchain platform, built on base, that solves this problem by allowing creators to run shows backed by an already existing token; this means that a creator could launch a stream and use an already existing token for their fans to support with e.g. dave has a token $dave on zora, instead of creating another for dendotshow, he can just use the same $dave as his support token on @dendotshow in fact if he's not comfortable launching one, he can use $usdc -- they also incorporated an interesting mechanism, and that is "rewards for clippers" if you've been on social media for a while, then you'd know that something that's been all the rage is clipping.. where people take and edit 15–60 second highlights of a show for others to see. the problem here is that while the creator gets attention and more $ support, the clippers oftentimes don't earn a thing, until they are either reached out to by the creator or others interested in their work. on @den, a tip made by a viewer on a clip they came across is split between the clipper and the creator; ensuring that an amount of revenue is split between both parties (to clip a creator's stream, a clipper must purchase a fan pass -- a set amount of support tokens e.g. could be $50 USDC or 250,000 $dave) so your own community becomes your distribution engine — and they’re actually incentivized to be good at it. --- I originally wrote on @dendotshow for a bounty, but man I really love what's being built primarily for one thing; they're reducing the number of tokens that creators have to manage. really cool & you should def check them out.
3 replies
2 recasts
5 reactions