Hollywood strikes echoed the unbalanced value distribution in the streaming video industry — blockchain can change that
by monitoring content usage on playback and recording all data on a distributed ledger. The protocol can also gamify any video app with badges, missions and digital collectibles., utilizes Web3 to reward viewers with digital tokens. Users can redeem reward tokens for digital goods, and the whole experience is gamified with features such as leaderboards and competitions.
“In an online world that’s increasingly dedicated to streaming and video, this partnership is a testament to our progress in building the open Web3 standard for tracking and monetizing video engagement.” As of May 2023, RewardedTV hit 100,000 registered users, with over 4,000 video-on-demand options and over 120+ linear and live channels. The platform provides access to over 20,000 titles, including those from popular brands like Yu-Gi-Oh!, The Washington Post and WatchMojo.
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