Hollywood strikes echoed the unbalanced value distribution in the streaming video industry — blockchain can change that
by monitoring content usage on playback and recording all data on a distributed ledger. The protocol can also gamify any video app with badges, missions and digital collectibles., utilizes Web3 to reward viewers with digital tokens. Users can redeem reward tokens for digital goods, and the whole experience is gamified with features such as leaderboards and competitions.
“In an online world that’s increasingly dedicated to streaming and video, this partnership is a testament to our progress in building the open Web3 standard for tracking and monetizing video engagement.” As of May 2023, RewardedTV hit 100,000 registered users, with over 4,000 video-on-demand options and over 120+ linear and live channels. The platform provides access to over 20,000 titles, including those from popular brands like Yu-Gi-Oh!, The Washington Post and WatchMojo.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
GTA owner joins Web3, Bitcoin casino, Sunflower Land review: Web3 GamerRockstar parent company launches new Web3 IP. Plus: Bitcoin casino, FarmVille-like Web3 game reviewed, and more.
Read more »
Web3 losses exceed $1B in 2023, as Base projects add to exploitsWeb3 exceeds losses of $1.2 billion in 2023, with August accounting for $23.4 million alone as projects on Base add to major exploits.
Read more »
OKX Planning Web3 Foray Into India, Chief Marketing Officer SaysOKX plans to scale up its wallet services 'exponentially' by tapping into India's much-talked-about developer community.
Read more »
Coinfest Asia 2023 Successfully Hosts Asia's Biggest Web3 Festival for Two DaysCoinfest Asia 2023 Successfully Hosts Asia's Biggest Web3 Festival for Two Days
Read more »
Venice Film Festival: What to Expect Amid Hollywood StrikesFind out which stars and movies will be on display at the Venice Film Festival despite the ongoing double strikes in Hollywood.\r\n
Read more »