You make a good point with regard to the time window. Again, there probably will have to be some subtle modifications to Steem to allow for live features but once that is done then I don't see a problem. I think it would be rather trivial really compared to the other stuff they are working on or have done.
With live content the payout schedule could be exactly the same. People make a live show, as people join the chat they watch the broadcast or participate in the chat. Anyone who joins the chat automatically upvotes the room they join unless they specifically downvote. This would monetize any chatroom which gets a lot of people in them. The live stream can be recorded or off the record, and if recorded then people can replay it and vote it up or down for 24 hours. After that then 30 days just like Steemit.
And then people can vote for members in the chat by voting up text comments or voting up individual broadcasters. Thoughts?
What if the subtle modifications to Steem are incompatible with other subtle modifications required for other apps on Steem, like Steem StackOverflow, or SteemTwitter, etc... I am wondering whether these things have been considered by the Steem founders.
Then that would be a poorly designed Steem and maybe Steem should redesign to be more extensible. Steem has to be able to evolve with the technology or eventually it will be over taken. If people are moving toward live streaming platforms and away from text only communications then Steemit has to at least be able to adapt to that.
Blab got over 3 million users first year. Steemit might get a million users first year, but if Steem is to compete with the big boys it has to figure out how to integrate with live streaming. From what I can see there is nothing specific about Steem technology which would exclude it from being applied to live streams.
So it's a matter of simply upgrading Steem to better support live content.
Its not just about Live Streeming. Thats just one use-case and it certainly isn't the most viable use case. There are many apps that are equally as viable or more so. Steem needs to be a platform built for all. I am absolutely sure Dan & the crew have considered this but I've yet to hear any clear roadmap or guidance around whether third party apps can actual generate revenue on Steem.
Hello @dana-edwards, can you help gain support for this woman who had been suffering from unknown skin disease for 20 yrs. https://steemit.com/life/@juvyjabian/to-kind-hearted-steemit-this-woman-suffering-from-unknown-skin-disease-for-20-yrs
Hello @dana-edwards, can you help gain support for this woman who had been suffering from unknown skin disease for 20 yrs. https://steemit.com/life/@juvyjabian/to-kind-hearted-steemit-this-woman-suffering-from-unknown-skin-disease-for-20-yrs
I think there might be a need to several sidechains in the future. Right now we have just one reward payout system, but to fully capture all potential, we might need many of them. In my post What is the ten year vision for Steem blockchain? I was thinking about three chains:
Live streaming goes to the first category.