Change. It is the only thing in life that is constant; a new born must grow to be an adult - change, preschool kid must graduate to high school - change it, must happen.
The present day world as it currently is has undergone several changes before it got here, from hunting with stones and wood to using guns and modified traps and also from traveling on donkeys and horses to traveling on cars and aeroplanes.
However, in all of these changes mentioned above which are highly beneficial by the way, but the adoption of the internet completely revolutionized how these recent technologies are being utilized, you could easily make a purchase of your choice online by only pushing your finger muscles (e-commerce), working for an individual or firm online ( freelancing), written articles online for the general public (blogging),
broadcasting mobile games on the internet (streaming) e.t.c. All of these i mentioned are legit ways people can earn online by offering their services in the required aspect and they can either be taken as a full or apart time job.
Games. Yes, mobile games are gradually becoming a thing and even a huge thing at that on the internet and you can totally earn from it in so many ways, either as a game developer, games promoter or a streamer, infact being a streamer (gamers who broadcast live gameplay on the internet) is more of a full time job and has various sources of income within it such as;
- Advertising
- Subscriptions
- Platform promotion
- Charity donations etc.
In streaming, someone goes to the internet with any device of their choice, registers on a streaming platform and show off their game playing skills to the viewers who are always around for such actions, whosoever likes their work subscribes to their channel so that they can get future notifications whenever that their favorite streamer comes back online to play another game while a handful of them will donate to that streamer for a job well done.
The game broadcasted by the streamer after a while gets lot of attention likewise the streamer itself and then other platforms pay that streamer to advertise on them on his channel and this comes with a charge from the streamer.
As interesting and exciting as the current streaming system may seem, it has its disadvantages.
Problems Plaguing The Current Streaming System.
In the current streaming system, electronic payment systems are used when making the necessary payments and these charge as much as 10% commission fee causing high interest rates on payment.
When these streamers wants to be financially supported by their viewers, due to the viewers being from different countries they are often offered various wallets with different payment systems; there isn't any single channel through which viewers from any country can easily make their payments through to their favorite streamers.
These current system have unnecessary rules and regulations such as;
Funds cannot be withdrawn at once and in most cases forcing people to wait as long as 1 to 6 months for them to fully withdraw their money.
There are certain restrictions regarding the minimum withdrawal amount and also the maximum amount of withdrawal that can be made from donations.In some rare cases but nevertheless still happens in the current system, some streaming platforms fail to pay streamers or even freeze their funds for various reasons.
In terms of financial matters, it is so unfortunate that there is not even a single financial practical ecosystem for streaming resources which allows streamers to withdraw conveniently and viewers to also conveniently donate to their favorite streamers.
And here come DESTREAM!!!
DESTREAM is a blockchain based platform, decentralized for the streaming industry and will enable streamers to be able to maximize their outcome, diversify their activities and secure start-up loans. It will also solve the financial issues plaguing the current streaming system as it will serve as the first ever financial practical ecosystem for streaming resources.
With the blockchain technology as the foundation of this new ecosystem, transaction fees will be considerably low, decentralization will take place, all transactions will be safe, fast and transparent. The issue of various wallet due to difference in countries will be over because the blockchain is open for everyone all over the world and they can now be able to easily support their streamers financially.
DESTREAM platform aims to reduce the hefty commission fee of 10% charged by the traditional systems to as low as 0.77% and the change will effectively increase streamers income.
Unlike the traditional platforms that set restrictions regarding the amount of money a streamer wants to withdraw, that issue will also be solved on DESTREAM platform, there will be no restrictions as to withdrawing or depositing money regardless of the involved currency.
Smart contracts will ensure the effectiveness of the terms of these transactions.
DESTREAM will fully revolutionize the streaming industry with the integration of the blockchain technology and will be convenient for the use of streamers, sponsors and viewers when making transactions.
For more information..click the links below;
Referral link: https://destream.io/?referralId=adf52557d7994818a3bf8131262f2179#action=bountyreg
Website: https://destream.io/
Whitepaper: https://destream.io/media/1101/whitepaper_en.pdf
Medium: https://medium.com/destream
WRITER'S INFO
Name: Thaddaeus Eze
Bitcointalk username: beneze
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2190968;sa=summary