The major players in this market are BitChute, BitTube, and DTube. This space is definitely one to watch, as I think more and more people will migrate from YouTube over to these decentralized platforms because:
- being decentralized, they offer greater privacy and freedom of speech (no censorship)
- they are 100% ad free
- their business model rewards content creators far more generously, and having their own cryptocurrency integrated into the platform creates an ecosystem wherein revenue can circulate freely. Having tipping as a built-in feature allows content creators to be rewarded directly from their viewers rather than ad revenue; as such, they have the freedom to make the content they truly want to make instead of having to tailor-make content to be advertiser friendly. Furthermore, people are paid directly from the platform itself, rather than having to use a third party like Patreon to generate an income.
What do you folks think about the future of these video sharing platforms? It’s good to see there’s already healthy competition/rivalry developing in the space, and I think whichever one of these organisation truly makes their platform “for the people” will succeed and dominate the market.
