LiveTalk: Business Idea
People love to watch events ‘live’ especially those of their favorite sporting teams and concerts of celebrity entertainers. But when it’s difficult to attend a live event, they gather to watch the special moments in real-time on television or over the internet in High Definition with 1080P quality.
Over the past year, due to the ease of a new breed of technology with incredibly low cost, we can now find business information, seminars, workshops and webinars which are being broadcast ‘live’ to a global audience over the internet.
Livecasting or livestreaming is often the term used that describes the process of broadcasting real-time, live video footage or video feed to an audience accessing the video stream over the internet. The viewing device can be a desktop computer, laptop, tablet, smartphone or digital screen at home, at the office or in a brick and mortar venue such as a movie theater, restaurant, or sporting arena. The broadcast can be just video, audio or both.
Viewers often will interact with the broadcast Host or guests or other viewers, through text chat, twitter feed, voice or webcam video.
The video streaming market worldwide for the direct service was worth 31 billion dollars in the year 2015 and the estimated growth rate CAGR of 16% from the year 2017 to 2025 to reach 130 billion dollars in the year 2025
The market growth is so powerful is predicted based on the number of online users increasing, technological advancements, content development of high quality is not difficult to recognize this era is the era of industry technology 4.0, the platform and the industry blockchain Live Stream. The market boom Live Stream is becoming a new trend in video entertainment industry in most of the countries in the world.
Despite all the numbers, LiveStream market still have to face several issues. The current issues of Live Stream market including:
- Currently on the market of Streaming applications platform blockchain integration are still limited,
- The application Live Stream such as YouTube or Facebook has yet to feature built-in to Donate on the Streamer application.
- The application pretty much Live Stream singly user traffic is low.
- Many applications Live Stream only domestic application is not connected to the world.
Realize that potential, LiveTalk have launched LiveTalk Project Network, vast network with ambitious Streaming market coverage across the world. LiveTalk Project Network provides solutions of current issues of Live Stream market above. The solution described below:
- Proactive Content: If as before, the brand absolutely must depend on the House to make a radio program is broadcast live, now with the technology live-stream they can fully master the game: from time to time, location program content, which is not run by any special requirements.
- Saving Cost: The development of the technology live-stream has brought the program to the viewers with only the minimum equipment requirements for (smartphone and internet connection), it does not depend on the tv station or any studios.
- Increase Effective Interaction: In the era of Social Media boom, interactions become indispensable activities for all media content, whether made directly by live-stream just helps to increase awareness about the program, and also created an interactive channel : connect users with the brand & message that the brand wants to convey.
- Fully Exploit Content: Same content, live-stream support diverse activities of brand communication: connect with fans through KOLs (Celebrity / impact), expanding the forms of direct interaction (hashtag, comment, tag, ...) as well as storage and easy sharing even after the program ends.
- Combined with cryptocurrency: Help user to easily make and get a payment on the platform, High transparency due to not through third party.
LVT Token
LVT Token is the ERC20 standard Token on the Ethereum network. It is determined in advance, limited supply, easy integration with both the floor and the traditional hierarchy. Token total supply is 5 billion LVT and will not be separated. No more Token will be exploited or cast in the future.
In LiveTalk Network platform, the transaction using LVT token will charge free transactions costs. LVT Token functions as a single payment platform LiveTalk Network. Users use LVT to pay content which Broadcasters sell, used to donate to Broadcasters or purchase virtual items in LiveTalk market. The advertising companies will use LVT as a payment to Broadcasters when wanting to promote their products to viewers.
LiveTalk Network is a complete economic market. As more users join the network, the LVT token value will also increase. LVT token can also be used as a mechanism for transmitting values between users within the platform. Broadcasters put the price of the product which he wants to be paid from the viewer.
For more information, you can visit the following links:
Website: https://livetalk.tech/
Whitepaper: https://livetalk.tech/#Paper
ANN Thread: https://bitcointalk.org/index.php?topic=4914859
Bounty Thread: https://bitcointalk.org/index.php?topic=4973830.0
Twitter: https://twitter.com/livetokenlvt
Facebook: https://www.facebook.com/Livetokenlvt
Telegram Chat: https://t.me/joinchat/F2qSAA2a-cS9XWHCeXhFGQ
Author: Binar Bumi
Bitcointalk Username: binar234
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2053245