Revamped Crypto Video Platform: Lino Aims to Give Creators Control Over Their Content
The world of video content creation is about to get a blockchain-based facelift with the launch of Lino, a new platform that aims to provide creators and audiences alike with greater control over their digital creations. By using LINO tokens for payment, this startup seeks to challenge the dominance of YouTube, Facebook, and other major social media platforms in the video sphere.
Key Takeaways:
Lino is a blockchain-based platform aiming to give creators more control over their content and revenue.
The platform uses LINO tokens for payment and an auction-based system to ensure high-quality content is distributed on its network.
Wilson Wei, the CEO of Lino, believes that this decentralized organization will revolutionize the video content industry.
Competition in the space includes Streamspace, Flixxo, Viuly, Viewly, and Stream, all offering a similar platform for content creators to cut out the middle man.
The founders hope that creators on Lino can make three to five times what they currently earn on platforms like YouTube or Twitch.
However, the success of Lino depends on the stability of the cryptocurrency market, as over $60 billion in value has been erased in recent days due to a prolonged sell-off.
Further Reading:
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