Picture this: Jack is an aspiring photographer who just bought his very own slr camera. However, despite reading the manual that comes with it, he still can’t get the hang of it. So, like it’s the most logical thing to do, Jack googles how to’s and walkthroughs on the internet and picked from the hundreds of video tutorials available online, in a trial and error run. It’s not too bad, no. But jack can definitely have it better. Yes?
Now how about this: Jill has an exceptional skill in photography. However, this skill gets locked up in a dusty closet in the attic since she works at a 9 to 5 pace 5 days a week at an office with only a regular pay. Now, Jill wants to up her income generation.
How can Jack and Jill get a deal from this situation?
This is where On.Live comes in.
What is On.Live?
On.Live is a unique blockchain product that is a combination of three market places: Live Services; Live Broadcast; and Transcoding and Relay Node. This makes users or creators generate money by doing a livestream. For creators who feel that they are not proficient enough if performing in front of an audience, users have other options like outsourcing their services as a transcoder. Watch this video for more information.
How Does It Work?
The basic functionality of On.Live focuses on content creation, setting up a channel and handling reservations from customers. Ultimately, On.Live is a platform analogous to an agency offering various services for clients to choose from depending on their specific needs. The only differences is that it is done online and is decentralized (much like Steemit and other blockchain-based platforms).
In On.Live, users get to make their own channels where they can easily set up their live consultation offers. In these channels, information on the user’s public broadcast can be published and gather audience. Channels also provide a venue for communication with customers. Every registered user is allowed to make multiple channels – one for each different field of interest. Video consultation offers are created in the channels which can either be paid or free of charge, depending on the user’s preference (Of course, you’d pick paid.). In paid consultations, the users would assign how much a consultation is going to cost. Transactions in On.Live are handled through a virtual currency called the ONL tokens, just like Steem and SBD, this creates a safe environment for monetary exchange across the world without the need to transfer to any local currencies nor pay additional fees. Lastly, session time is set for a particular consultation and working hours is specified. Once everything is set, the channel would be available for the customers so they can make appointments and the user and customer can do a live tutorial session.
This way, as in our example above, Jill the On.Live user would be happy to have her skill monetized, while Jack gets a great deal from an expert without going through all the process of trials and errors of tutorial videos of presumably other amateurs.
On.Live is like Youtube tutorials where CREATORS GET PAID!
Nowadays, TV subscriptions have becoming less and less while online videos have become more popular – ‘viral’ as what netizens term (See viral youtube videos and commercials). These have also been proven to have the highest rate of audience notice among any other online advertising formats. Companies are now looking to online video advertising platforms to raise brand awareness and integrating streaming services into their product offering.
Despite this unprecedented growth, many flaws still arise including the lack of control in monetization of content. On.Live solves this problem by giving the content creators absolute control over how they should be rewarded in exchange for their service. Moreover, end users’ needs will be catered efficiently by the platform through time transaction offers, convenient settlements, encryption transmissions, complete logging and event guarantees from a wide range of experts from all other network – guaranteeing end users a run for their money.
Surely, On.Live is a win-win platform for content creators and their end users!
Know more about On.Live! Visit their website and check out their whitepaper.
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