There is an undeniable law for every new ICO appearing in the market these days: They must offer a solution to a problem to become attractive to investors. Chris Rybka knew this when he embarked on the creation of On.Live. The entrepreneur had experience with telecommunications and IT industries, and he was very much aware of the difficulties faced by content creators on websites of mass access. He teamed up with Daniel Bayer and Anna Rybka-Krysiak to come up with a solution to address the way content creators are losing terrain when it comes to monetization of their original creations. And to go one step forward by offering every professional out there the chance to share their knowledge on a specialized environment.
Mass streaming: a loss for the little guy
Looking at how the streaming business works from the outside, is easy to pick apart the current business model. The ongoing changes on regulations make it into something that continually takes away more freedom from content creators and put more restrictions in the kind of content they can put out. Social media companies such as Facebook, YouTube, and Instagram take down content over such details as background music or the use of certain vocabulary. Paid streaming services have gone one step up in the ladder by offering original content but only aiming at entertainment with no specialized value.
The functionality behind On.Live
These are the details that the people are working on On.Live has caught on and they are developing a solution for this by creating a functional platform where specialized content creators can share their knowledge using a brand new model to offer media content. The idea is very simple: The On.Live ecosystem will be open for broadcasters to create content on their area of expertise, and it will give them the chance to earn money for their content under three different business models: Pay Per View, Pay Per Minute and Streaming. On.Live will not regulate the content, and it will not withhold payments from creators because they will be able to collect their earnings instantly based on the type of service offered.
The viability behind On.Live
All the financial transactions done inside the ecosystem will be viable through the use of the ONL token. The tool has been created with multiple functionality features, the first of them being the ability to get an online meeting with a professional on certain areas to get real-time advice about any issue that needs solving. Doctors, lawyers, teachers and other professions can offer their service using the P2P exchange and get paid with the ONL token by their services. Since the token will be based on Ethereum, the platform will offer their own exchange service to convert the tokens to other digital currencies or FIAT money. The system has been designed to be reliable to the broadcaster needs and efficient for the user to locate the information they are looking for.
On.Live is looking forward to growing as a platform by offering everyone the chance to get the information they are looking for from a reliable source at a low cost. For interested investors, there still a chance to check a detailed outline of their long-term plans.
For more information, please check On.Live here: Website, Bounty Thread' ANN Thread and join the Telegram group.