Don't put all your eggs in the same basket. This sentence has been heard countless times since the day I started investing, so I have cultivated a kind of subconsciously preparing various backups whenever there is a situation that requires payment. plan. If you were a content creator, Youtuber today, would you be willing to leave the decision of your brand exposure to a company? If you are simply a viewer, do you want to monetize the time you spend watching videos and make money watching videos? I will decipher them one by one for you today, Odysee

Hi everyone, remember from the previous installments should you start investing in virtual currencies? And where is the value of Web3.0? There are cases and possibilities where the blockchain can be used in practice. Today, I will explain to you a blockchain version of Youtube - Odysee that is currently running in the real world, and see what benefits this platform can bring you and how it can be used by you.

What is Odysee Video Platform

Odysee is a free, decentralized video content sharing web hosting site, and to some, a decentralized competitor to YouTube, the most obvious difference being the roles they play. Youtube is more like a wholesaler, while Odysee is more like a factory direct seller. After the content creator uploads the video, because YouTube will put the video on Google's host for people to watch, so there are many regulations for the video , while Odysee uploads the film to a node instead of the host (because there is no host), and people can download and watch it. Because it is built on the blockchain, there will be no video except for pornography and violence. specification.

To put it bluntly, you are a farmer who sells fruits. It is completely your freedom to sell the fruits you produce on wholesalers (Google) or directly to buyers (Odysee). The biggest difference is who makes the rules. If you sell the fruit directly to the buyer (Odysee), the advantage is that you can freely choose what fruit to sell today, and it is completely up to you, as long as the price is reasonable and there are buyers willing to buy it. But if you are selling to a wholesaler (Youtube), as long as the wholesaler thinks that the variety of fruit you are selling is too much today, they have the right to reject the fruit you are selling, that is to say, when Youtube thinks that your video When violations of politics, copyright, law, racial discrimination and other reasons, they have the right not to let you upload the video, or even never do business with this farmer (closed account).

Odysee Home

Youtube Home

Mobile version

Three Advantages of Odysee

(1) Immediate activation of profitability

Different from Youtube, Odysee does not set any minimum threshold for opening profit. As long as you register to join, you can immediately receive various bonus points and open profit. As long as the film has enough value to be loved by the audience, the audience can directly tip/donate. There is a very special profit function, which is to set up paid videos by yourself. The form is like the concept of e-book trial reading. You can try a few free videos. If you think this video is valuable, you can set up subsequent videos. You need to pay to watch it.

>>  Click to join Odysee

(2) The backup plan of the main platform｜Decentralized platform

Youtube advertising controversy, deleted videos, hacked accounts, and yellow labels are not new. Generally speaking, it is not a bad thing for a platform to have rules. Building a good community is also the social responsibility of every content creator, but if the norms are not transparent If it is not, it will make people feel helpless, and to some extent it may kill the creativity of the film.

Since the end of the previous year, YouTube has made a big move to delete encrypted videos. Many Youtubers in the currency circle have reported that their videos have been removed from the shelves. How to define the content of the yellow label has also become a worry for the weekly updates of major Youtubers. The so-called " Harmful and Harmful Content" is so vague that almost every video these days looks the same. One thing that needs special attention is that on November 18, 2020, YouTube announced a plan on its official blog called [YouTube Partner Program] (also known as YPP), mainly to express the future YouTube still has the right to force ads even if creators don't want them. To a certain extent, this shows that YouTube will protect advertisers more because the company can continue to make profits, so in the future, if you want your video to be recommended to the homepage by YouTube, then to some extent your video must be favored by advertisers. A healthy image that meets the requirements of general advertisers.

Since Odysee is a decentralized platform, Odysee can be used as a backup solution. In case the videos in the main platform Youtube are unfortunately taken off the shelf or the account is deleted, you can still keep all the videos you worked so hard to make.

Reference video: The YouTube Issue get worse

(3) LBC currency has high value-added potential

Odysee issued LBC coins. In the early days of its establishment, 400 million LBC coins were created, of which 100 million are officially owned, and the rest are distributed to partners, who are us creators.
When the audience agrees with your creation and wants to support your creation by donating, LBC coins play a key role. Viewers can donate LBC coins, but LBC coins must be used in all transactions involved. Since LBC currency is a virtual currency, it can be directly traded on the exchange. Next, as more people realize the importance of decentralization and gradually join Odysee, LBC coins will have increasing potential for value-added.

If you are a creator, the number of subscribers can directly exchange for LBC coins

1 person subscribes 1 LBC

5 people subscribe to 3 LBC

20 people subscribe 10 LBC

100 people subscribe 50 LBC

500 people subscribe 150 LBC

1000 people subscribe 500 LBC

5000 people subscribe 2000 LBC

4000 LBC for 10000 people

Rewards for effective viewing

Up to 2 LBC per month, rewarded according to the number of user views
  

By inviting friends to join

For each person you invite, you will be able to harvest 15 LBC, but there is an upper limit

>>  Click to join Odysee to exchange LBC coins

There are a few other items that I haven't listed, and those who are interested can click to apply to join.

protected by copyright

Do I get benefits if I'm not a creator?

As a general viewer, although you can't earn money from subscribers, etc., you can still earn money by following and watching the anchor videos you enjoy, and there will be no advertisements for the videos being played.

In this way, you can earn LBC coins every day:

1. Browse any content every day, get a reward of 0.25 - 100 LBC

2. According to the number of views, 0.5 LBC can be obtained for 10 times, 1 LBC can be obtained for 20 times, and so on to 10 LBC for 1000 times

3. With trackers, 1st level 0.5 LBC, 2nd level 1 LBC, 3rd level 1.5 LBC, 4th level 2 LBC, need to follow 25 channels

LBC currency price

Should I, as a content creator, start laying out into Odysee?

No matter at any time, I firmly believe that all eggs should not be put in the same basket. As a creator, you must not put your own exposure points in the same place. If you can, multi-platform operation is to continue to let the brand exert its influence. One of the important factors of power, not to mention the huge development potential of Odysee.

Summary: The brand is the key, and the platform is just a tool.

It is undeniable that Youtube is still one of the most used platforms at present, but as creators and even entrepreneurs, we must realize that the platform is just a tool, and the brand is the key. Running your own brand requires direction and attitude. Therefore, it may not be perfect in all aspects and meet the requirements of advertisers, and it may also affect Google 's advertising profits. But so what? The world is changing, even if it fully meets the requirements of Youtube , but there are new creators releasing their videos every day around the world, Youtube can't just advertise and promote the same person alone. The only way out and the only focus in this competitive environment is to find ways to promote yourself, think about other business models, and keep yourself exposed. As for whether to join Odysee or not, I don't think it should be the point.

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In the next issue, I will share How to invest the only money you have | Investing in cryptocurrencies VS stocks , thank you again for your subscription and attention. See you next time👋