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RE: The Steem Music Blockchain Revolution is Coming, Slowly

in #music7 years ago

LBRY will not succeed as long as they are planning on charging anything to watch videos. Coming from Youtube, I can tell you that 99% of your audience will not pay. It's only that 1% that will and that won't be enough. LBRY needs to adopt a system like STeemit or LivePeer that has its own internal created tokens that keep the content free to view and pays the creators that put out worthwhile material.

As far as Vid.me, they have started censoring channels now too. We need something decentralized on a blockchain. Livepeer looks interesting. I had high hopes for SteemQ but that looks all but abandoned. :(

Whoever makes the first decentralized video sharing platform is going to score big...there is a HUGE creator base at Youtube ready to jump ship....but to where?

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You can do free content on LBRY to be fair - I understand where your coming from, but it is good to consider LBRY as a platform just like Steem is a platform. You could build a 100% free platform on top of LBRY for instance.

I'd love to see vid me or something like it ON lbry. That's my dream.

Yeah but the good creators are not going to make content if they can't earn any money. That's just the reality. LBRY will figure this out pretty quick. Content must be free for the consumers. It's just the way it is.