Blockchain in Web3 — Introduction
Blockchain networks, as opposed to centralized databases and apps that previously regulated user access to information, are utilized in Web3 to store and manage data. The decentralized, future internet known as Web3 is made feasible by all of these technologies.
People will need a safe place to keep their cryptocurrency as the widespread use of decentralized networks increases the volume of cryptocurrency transactions. Cryptocurrency wallets are made for this specific purpose. Web3 users may utilize a crypto wallet to do things like store and send bitcoin, pay transaction fees, and make purchases.
Them no longer need to generate a login and password on a centralized server that may be shut down, restricted, or used to lock users out entirely thanks to blockchain technology.
Users instead interact with webpages and apps that are partly or entirely decentralized due to the presence of components housed on blockchain networks. DApps is a common acronym for “decentralized applications” or “Web3 sites.”
To authenticate into decentralized applications (DApps), buy and sell bitcoin, use some Web3 social networking sites, and do pretty much anything else, users need crypto wallets, which we’ll get into in a moment. Additionally, blockchain technology is essential for the operation of all of these systems.
Why The Future Of Streaming DAO Is Earny.TV
This is a worldwide phenomenon that has been happening over the course of the last few years. Streaming giants are currently losing more than 1 million subscribers per quarter. At the same time, TV ad spend is increasing at a steady pace of 5% each year. This leads us to believe that companies like Netflix and Hulu should be looking for ways to improve their services instead of losing market share to traditional cable companies.
The future of streaming lies within Earny.TV’s platform, which understands the consumer’s needs and it is enabling them to earn rewards for watching their favorite shows and movies.
Investors, customers, and even Netflix are aware that consumers are unhappy with this business model. Earny.TV has the solution to this problem by incentivizing users to stream content and receive rewards from their favorite brands.
Earny.TV Created The First Web3 Streaming DAO
Earny.TV is a web3 streaming DAO, run by the community for the community. A Decentralized Autonomous Organization (DAO) is an organization that can operate without any central authority or middlemen.
The goal of the Earny Community is to be a DApp where users can earn ERC-20 $EARNY tokens by watching video ads or posting comments on streaming services like YouTube or Twitch. You can also submit ideas for how to spend those $EARNY tokens!
Features of Earny.TV
Earny.TV is an innovative entertainment platform that is aimed to disrupt the current streaming industry by redistributing all the profits in a variety of ways. This platform are looking to partner up with networks and movie studios to access their content catalogs and be able to offer our investors & users a variety of the latest movies and shows.
Earny.TV plan to launch the service like micro-browser, which will be accessible from any device, anytime, anywhere.
Investors that hold $EARNY tokens are able to vote on what type of content should be made available on the platform. This creates a democratic environment that allows for individuals’ voices to be heard and their opinions matter.
In addition, investors get free membership access for just holding $EARNY tokens. As a result, they can earn more $EARNY tokens while they watch content or skip ads completely by holding more $EARNY tokens!
- $EARNY Token Smart Contract: 0x805eDdD644c08E4dF3acfd2C41b2cE9d2CA1cd44
Earny.TV created a NFT as well as a $EARNY Token
You may be familiar with the term “non-fungible tokens,” or NFTs. They’re a kind of digital asset that can be traded or used on platforms like Earny.TV.
This platform will also allow viewers to earn income through an Ethereum-based non-fungible token (NFT) called a Pixel which can be rented for advertisements or sold on the open market. These features will set it apart from other streaming platforms.
They’re different from fungible tokens because each one is unique and has its own value, much like a collectible in the physical world.
Three Step To Invest in Earny.TV
- Buy $EARNY tokens
- Launch the Earny.TV DApp
- The Earny.TV DApp is available on Android, iOS and web
- DApp : https://app.earny.tv/
Earny.TV — Roadmap
Conclusion
Earny.TV is a platform that will be bringing blockchain and cryptocurrency to the masses. With such a fast-moving industry and with so many new people entering the space, this platform wanted to create something that would help everyone understand blockchain and cryptocurrencies without overwhelming them with too much information.
Earny.TV will be creating educational videos, documentaries, fantasy films and shows about blockchain in general, as well as producing content solely focused on cryptocurrencies. This platform want to invite viewers into the space with our luxury video-streaming service while leveraging other partnerships in the industry have formed to bring even more content to the platform.
For more information
- Website : https://earny.tv/
- Whitepaper : https://docs.earny.tv/use-cases/decentralized-streaming
- Medium : https://medium.com/@earnytv/
- Twitter : https://twitter.com/EarnyTV
- Telegram : https://t.me/EarnyTV
Username : Ozie94
Profile : https://bitcointalk.org/index.php?action=profile;u=2103066
Wallet : 0xEfd7255D5b89Ceffa7d0E297b556286C143e779B