YouTube’s bans on crypto-related content material has been problematic for the business and is spurring demand for decentralized options.Neverthele
YouTube’s bans on crypto-related content material has been problematic for the business and is spurring demand for decentralized options.
Nevertheless, based on Wes Levitt, head of technique at Theta Labs — the agency behind Theta.television — each YouTube and decentralized platforms can co-exist.
YouTube is more and more banning crypto-related content material. In April, Jason Appleton, generally known as Crypto Crow, was banned from YouTube briefly. In Might, Cointelegraph’s Bitcoin halving Livestream was canceled abruptly.
Levitt advised Cointelegraph, “We undoubtedly see this censorship of crypto content material as an issue, and we have not too long ago welcomed a number of crypto streamers onto Theta.television platform because of this. A totally decentralized platform will turn out to be inevitable as extra streamers get banned from YouTube and different main platforms.”
On the identical time, Levitt doesn’t suppose YouTube will likely be absolutely changed by decentralized options:
“I do not suppose a totally decentralized platform will essentially change YouTube; some content material varieties will most likely stay higher fitted to a centralized platform. However a decentralized various can co-exist alongside YouTube, to offer streamers and viewers extra freedom to decide on their content material platforms on-line.”
Theta runs Theta.television, a crypto-powered streaming service broadcasting esports, poker tournaments, and main blockchain and cryptocurrency conferences together with Consensus and the Crypto Asia Summit. Lately, Google Cloud, Binance, Blockchain Ventures and gumi Cryptos had been introduced as Enterprise Validators for the Theta community.
Theta and the Japanese content material market
Final month, Theta introduced a strategic partnership with gumi Cryptos to enter Japan’s $three billion content material market. Levitt revealed that they’re aiming to whitelist the agency’s THETA and TFUEL tokens with the Monetary Companies Company.
In Japan, solely whitelisted tokens accredited by FSA might be traded at crypto exchanges. There are at the moment solely 26 whitelisted tokens in Japan.
Levitt mentioned they’d be “seeking to launch integrations with video streaming platforms in Japan, permitting customers in Japan to earn TFUEL token rewards for watching and sharing their favourite video content material.”