The peer-to-peer file sharing giant BitTorrent has recently announced that DLive joins the ecosystem as a blockchain-based live streaming platform that wants to make the content sharing via blockchain mainstream.
As reported on December 30, BitTorrent will benefit from DLive bringing peer-to-peer content sharing and live streaming capabilities to the 100 million monthly active users. The CEO of BitTorrent Justin Sun told the media that following YouTube’s crypto content ban, decentralized content platforms are the future.
Sun was in the blockchain news back then, stating the following:
“It’s unfortunate to see content platforms such as YouTube taking down crypto-related content, this is the issue with centralized agencies. Decentralized content platforms such as TRON’s newest partner DLive are the platforms of the future.”
As DLive joins BitTorrent, we can see that the company was launched nearly 2 years ago and already has over 5 million monthly active users as well as a passionate live streaming community. One of the most popular YouTubers with a nickname PewDiePie conducted his first live stream on DLive and has since co-streamed on the platform with famous YouTubers such as Ninja, James Charles and Jack Black.
Sun talked about why DLive joins the ecosystem and how it is one of the leading blockchain based platforms for live streaming. In the crypto news, he described the company as following:
“DLive is one of the best real-world examples of what is possible when you combine blockchain and digital media. DLive is a great solution for live media producers. 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.”
As DLive joins the ecosystem led by Sun, it will merge its account systems with BitTorrent in a mission to integrate the communities. The platform will also advertise their products and services on BitTorrent to generate awareness for decentralized content sharing.
“We are ecstatic to have the opportunity to be part of the BitTorrent ecosystem. I’ve watched them pioneer the digital peer-to-peer space. DLive’s goal of empowering creators and rewarding communities is one step closer with the amplification of this new venture,” the CEO of DLive Charles Wayn said following the integration.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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