A new project has entered the CoinTelegraph crypto accelerator, which should change the streaming industry in the usual sense, solving the problems of protesters, scriptwriters and actors for several months.
Strikes by writers and actors in the United States have been going on for several months. Its main demand is the establishment of a fair remuneration system, which would be based on the number of views of the final film or series. A project called Replay, which recently joined the CoinTelegraph crypto accelerator, solves this problem with the help of blockchain.
According to the developers, the decentralized Replay protocol aims to bring transparency and fairness to content creators. The platform will achieve this by creating a system to pay interest on views in real time. Replay will store all viewer data on the blockchain.
This gives creators instant access to their content consumption data and direct control over content revenue. Replay also allows them to manage video distribution themselves, build relationships with streaming platforms, publishers and fan communities.
RewardedTV, the first protocol-based streaming service, uses technology to reward active viewers with tokens. Users can exchange rewards for various digital goods, as well as participate in contests with friends.
Author:
Grigory Shcheglov
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
