DLive Grows Audience by 67 Percent in April and Reinvents How Livestream Viewers are Rewarded

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DLive Grows Audience, Livestream Viewers DLive, a disruptive livestreaming platform that leverages blockchain technology to reward both creators and viewers, saw more than 5 million monthly active users in April — a 67 percent increase from the 3 million users in March. In addition to a growing audience, the number of active creators on DLive doubled to over 70,000 for this less-one-year-old platform. To celebrate these milestones, DLive launched a new Treasure Chest feature that redefines how creators reward their communities.

DLive Grows Audience, Livestream Viewers leverages blockchain technology DLive launched a new Treasure Chest feature

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The mission of DLive is to create a value sharing live streaming platform that empowers creators and viewers through a revolutionary rewards system. DLive’s new Treasure Chest feature distributes DLive’s in-platform currency, LINO points, to viewers. Each creator’s Treasure Chest accumulates LINO points based on viewer engagement with their channel, including interacting in chat, sending an emote, or via donations. Creators can add LINO points to their channel treasure chest to give more incentive for users to engage. More details can be found on DLive’s Treasure Chest page.

To continue celebrating DLive’s community, “Super Fan Festival day” kicks off on May 18th, 9AM - 3PM PT. DLive will reward the community up to $15,000 worth of prizes, including LINO points, PlayStation®4 consoles, and more.

“The explosive growth on DLive is an affirmation that the community believes in our solution of a value-sharing live-streaming platform,” said Charles Wayn, CEO of DLive. “The Treasure Chest is another feature that empowers creators to reward viewers for doing what they do best - engaging with their favorite creators and watching great content.”

DLive, available online at DLive.tv or via Android and iOS apps, is built using Linoblockchain. Content creators

viewers and other participants in the ecosystem can earn rewards for their participation and contributions to DLive with LINO points. For more information on DLive and how LINO points are used, see our website.

Assets

For additional assets and logos related to today's announcement, download the press kit here.

My name is Charles Wayn, the founder and CEO of DLive. On behalf of the DLive team, we invite you to read this welcome letter so that you can better understand what DLive is, why we are building this platform that is different from other live streaming platforms and why you should join our amazing community.

The Mission of DLive

Most of us started creating or watching content on YouTube or Twitch. As content creators, we work hard to entertain and bring our ideas to life. We’ve contributed for years and witnessed traditional platforms grow from their infancies into billion-dollar companies. However, what have we received in return? Higher monetization bars, unfair content promotion, and fewer earnings because of increased platform fees.

The mission of DLive is to create a value sharing live streaming platform that empowers creators and viewers through a revolutionary rewards system.

At DLive, we are changing the whole game by putting platform ownership in the hands of the users through blockchain technology. The users of DLive are the ones that are rewarded for their contributions as the platform grows. It doesn’t matter if you are a content creator or viewer, your contributions are valued. Unlike traditional platforms, DLive takes absolutely zero platform cuts from users’ donations and subscriptions. Instead, the economic system has been designed to revolutionize revenue distribution by rewarding the community for their contributions rather than a corporation.

With your help, we are changing the status quo of live streaming for both content creators and viewers, here is how.

DLive has, and will always have zero cuts.

When you stream on DLive, the platform doesn’t take any of your earnings, whether that’s a recurring subscription or a one-time gift, compared to traditional platforms that take roughly 50%. That is never going to change. 90.1% of each subscription and gift will go to your wallet directly, and 9.9% will go to a pool that rewards people with Locked LINO Points for their contributions to the network on a daily basis.

No cuts is a good starting point but it wasn’t enough for our content creators. That’s why we introduced the Content Bonus.

On top of what you have earned from gifts and subscriptions, you will receive a content bonus 7 days after your stream is completed. The bonus is based on the number and reputation of people who have donated to your stream, as well as how your stream ranks for overall contributions in comparison to other streams in the same period of time.

If you are watching streams anyway, why not make some money?

Viewer engagement is essential to any content-sharing platform; however, traditional platforms have been ignoring viewers contributions while they are making tons of money from viewers’ engagement. Conversely, DLive, not only appreciates viewer involvement but also directly rewards viewers for watching, chatting, gifting and sharing content. Learn more about the Engagement Bonus here.

On top of everything mentioned above, you can gain access to additional functionalities by locking LINO Points and be rewarded for the contributions, every day.

If you lock your platform currency, LINO Points, you will be able to participate in guiding the direction of the platform such as product development and governance decisions, receive rewards for participation and unlock premium services on DLive. For instance, users who lock their LINO Points will be able to participate in daily questionnaires and vote on decisions relating to the network and receive rewards for their participation (paid out daily from the 9.9% of all gifts and paid subscriptions).

How is all this possible? How does DLive make a profit?

DLive is built on a test version of the Lino blockchain, a decentralized autonomous content ecosystem, which creates new LINO Points daily. The amount of points is designed to be between 0.2 – 9.9% annually and is calculated based on network consumption. These points are then distributed to infrastructure service providers, application developers, like DLive, validators and the users who contribute to the network. This mechanism is the reason why DLive can sustainably give back to the users of the platform and focus on building a rewarding and engaging community.

Generating a profit is not DLive’s primary goal at this time. There are various ways of generating income to ensure that the platform is sustainable. DLive, as a developer utilizing the Lino blockchain, will be compensated as an app developer via Lino App Rewards. Other potential sources of income include providing premium services and adding advertising opportunities on the platform. DLive’s current focus is on user growth and the development of a strong community.

The goal of DLive at this time is not to turn a profit but rather focusing on user growth; this is not uncommon in the tech industry, for example, many tech companies are not profitable in its early stages.

Does all this sound good?

Well, this letter only scratches the surface of what DLive has to offer. The community that has developed on the platform is one of excitement, joy, belonging, and support. The team has put together a video to give you a glimpse of all that goes on inside the community, and to give you an idea of what it’s like on DLive.

About DLive

DLive is a decentralized livestreaming community built using the Lino blockchain. DLive utilizes the Lino blockchain to incentivize both content creators and viewers. DLive believes that all rewards belong to platform participants, and does not take cuts or charge any fees to content creators. Currently, DLive has 20 team members across four continents. To learn more about DLive, please visit https://community.dlive.tv/about/welcome-letter/.

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