BitTorrent’s BLive Streaming Platform to Launch in Beta, 20,000-TRX Allocated as Prize For Community

Libra Coin News
Wed, 09/18/2019 - 09:54
Yuri Molchan
BitTorrent is to launch a live beta version of its BLive app for streamers on September 20, 20,000 in TRX will be given away to the community
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On September 18, BitTorrent spread the word about the upcoming launch of the BitTorrent Live (BLive) app for streamers on beta in just a couple of days, way earlier than planned.

The listed terms of participation and the ’10 x 2,000 TRX’ part clearly hints at prizes for the community.

BLive beta testing to go live ahead of schedule

The first announcement of the upcoming BLive trials was made at the end of August, as reported by U.Today, when BitTorrent boasted that the social streaming app was being prepared where BTT would receive a real use-case.

According to the plan, users will be able to pick their favourite content authors and reward them using BTT, irrespective of which part of the world either party is located. Thus, BTT is going to become actual means of cross-border payments in a decentralized Internet of the future – the goal that Justin Sun, Tron and BitTorrent teams claim to be chasing.

BLive promises a better share of the revenue to be left for streamers – around 30-40 percent, while the rest will be kept by the company. This is very different from the traditional platforms, such as YouTube, where content makers get to keep only a tiny part of their revenue of around 10 percent.

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Justin Sun prepares to join Andrew Yang in a massive giveaway

The CEO of Tron recently tweeted that he likes the initiative of the presidential candidate Andrew Yang about universal basic income (UBI). Flirting with this idea, Yang has promised to provide 10 people with $1,000 per month next year out of the donations for his pre-election campaign.

Justin Sun said that he would do the same for 100 people and would invite one person to his Warren Buffett lunch. He would allow Yang to help him choose the hundred lucky UBI receivers, as per the tweet.

Besides, in a recent podcast, Yang even agreed that UBI could be paid out in Bitcoin in the future, which shows him as a cryptocurrency supporter among politicians.

Another presidential candidate, John McAfee, is also known for his passion for crypto and Bitcoin in particular. His forecast for the BTC price by the end of 2022 is nothing less than $1 mln or he would punish himself on US national TV by eating his privates, as per his promise.

About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.