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Tron Acquires blockchain-based content sharing platform DLive

By ModernEuler | Moderncrypto | 1 Jan 2020


After acquiring a crypto exchange Poloniex in November and file sharing company BitTorrent in June of 2018, Tron acquires Dlive, the blockchain-based content sharing platform. Launched in September 2018, DLive already boasts an impressive user base. The streaming service already has over 3.5 million monthly visits.

dlive.png

The mission of DLive is to create a value sharing live streaming platform that empowers creators and viewers through a revolutionary rewards system.(source: Dlive.tv)

Right after this news, Bittoren announce that  DLive will be joining the #BitTorrent ecosystem

 

 

DLive is now part of BitTorrent family and will begin migration to TRON blockchain!

Moreover, CZ announced on twitter that BLive, the live streaming platform introduced by @BitTorrent in early 2019, will be merged into the DLive platform, as well. 

 

DLive and BitTorrent will be working together to bring blockchain-based peer-to-peer content sharing, including live streaming, to everyone. DLive will advertise their products and services on BitTorrent as well as using its newest service for storage

Think of how valuable live streaming content is already to centralized social media platforms who take ownership and advantage of their users’ hard work. We look forward to DLive bringing value to the entire world with the addition of TRON and BitTorrent’s global community of passionate creators.” said Justin Sun, CEO of BitTorrent. Source: Dlive.tv

With BitTorrent’s more than 100 million users, DLive will be one of the largest live streaming platforms in the world according to DLive. 

 

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This move is very important especially after removals of crypto related video contents by Youtube recently.

Google has recently decided to remove hundreds of bitcoin and cryptocurrency videos from its video-sharing site YouTube in what's being called a "crypto-purge" . source: forbes.com

The demand for censorship-resistant social media networks is on the rise, especially after this ban. This ban showed how de-centralized social media platforms like Dlive can provide a censorship-resistance, personal data ownership compared to centralized social media platforms. Content creators will have full control over their content. 

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ModernEuler
ModernEuler

A crypto and blockchain enthusiast and blogger. Writing about Crypto and trading since 2017. I cover the topics including crypto news, trading suggestions, chart analysis, etc. Follow me on Twitter @cryprostream


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