OnLive is a platform for producing, distributing, and consuming educational content, including professional advice. It allows content creators to provide broadcasts and 1-on-1 sessions.
On.Live leverages the blockchain to create a peer-to-peer network of processing power to sustain the platform’s growth and sustainability.
Read on to learn more about OnLive’s strengths.
Part 1: OnLive SWOT Analysis
OnLive is a multi-functional product fulfilling all the needs academic content creators could want. But its main strength is the fact that it is able to match operational horns with powerful video sites like YouTube. Small video sites that surfaced over the years failed because they were unable to sustain computing power required to easily host high-quality visual display.
Until 2015, many analysts believed YouTube had made no profits. YouTube’s parent, Google, is able to sustain losses from one of its products year-after-year until it finally reaches an established asset portfolio and volume necessary to become profitable. Other video sites could not sustain such heavy losses and eventually gave-in.
OnLive has an innovative solution to this problem and it is using the blockchain for this remedy. By utilizing a decentralized network of users providing computing power and bandwidth to OnLine, the platform can sustain its services and scale growth without facing problems. As users have no present profitability of excess bandwidth and computing power, OnLine is a desirable outlet, especially in countries where wage growth has stagnated.
By leveraging an existing supply of unused resources that are necessary to sustain its product, OnLive has come up with a solution to successfully battle against the giants of the video industry.
Moreover, this platform is highly diversified. While ready-made videos by creators will be available for mass-usage on-demand, users will be able to access custom material made just for them in 1-on-1 sessions or live broadcasts. This will be highly utilizable for those seeking solution to a particular pain or seeking customized professional advice.
OnLive is creating a product that needs adoption from the masses to reach its true potential. Many people still have not adopted crypto, but the OnLive’s paid services require people to hold a crypto currency.
To ensure users are not passed on due to their unwillingness to hold tokens, OnLive should leverage an internal extension for on-the-spot conversion between fiat and ONL. This will create an environment in which users won’t have to hold tokens. The more seamless the process of fiat to ONL to spending the tokens is, the more the product will benefit. In fact, that platform could even provide on-the-spot conversion-to-transaction. Users pay fiat which in seamlessly converted to ONL on the backend and paid to the content creators.
This ensures demand for ONL while mass market transacts in both fiat and ONL.
Educational material over the internet is growing in demand. Online degrees and lecture broadcast have become very popular; millions of online degrees are being earned every year. But the market for educational material doesn’t end there.
Material aimed at hobbyists is in high demand as globalization has created a massive growth in middle class households. More people can now afford to pursue hobbies and that often accompanies a learning process. The internet has been a proper provider for that learning material.
OnLive is going to ensure learners can get an ecosystem tailored to their needs with the highest quality material provided as creators aim at reputation improvement rather than view count. OnLine’s operational and business model makes it the superior platform for seeking academic knowledge and this product will likely make the public label other video platforms as mere entertainment channels.
The main differentiating factor between Google and Yahoo is the ability of the two search engines to differentiate quality. Google is able to effectively provide you exactly what you want and that makes it so desirable. Such a benefit only surfaces because there is plenty of spam on the internet.
OnLive offers little incentive for spammers since there is no revenue for mere viewership; quality is necessary to get users to pay. So, the vast portion of spam is going to be off this platform. But the small bit that does make its way should face a mechanism that swiftly removes it.
The nullification of spam content will ensure this platform remains as a medium for premium content and services.
Part 2: Essential Information
🌐 Website: https://on.live/
💡 Whitepaper: https://on.live/documents/OnLive_Whitepaper.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=2738965.0
💻 Telegram: https://t.me/OnLive
⌚️ Token Sale: MARCH 11
📃 Ticker: ONL
👂🏻 Token Type: ERC20
💰 Accepts: ETH
👔 County: UK
If you found this article helpful, appreciate the information I have curated, appreciate the analysis I have provided, and/or are simply just a kind person, please support me by liking and sharing this article; you can also follow me to stay updated with the most remarkable ICOs coming up.
If you find the project valuable or interesting, support it by sharing and liking this page and keeping up with company profiles.
On.Live Website: https://on.live/
Connect with me:
https://bitcointalk.org/index.php?action=profile;u=1700741;sa=summary
https://steemit.com/@hatu – Follow for a new ICO analysis every day!
Twitter
Telegram Group – Keep up with ICOs
