Problem Statement 1 - Nowadays, online video platform has become an important tool for education and entertainment. You name it, Youtube, Twitch, D-Tube etc., all of them provide some sort of video online services with some of them were equipped with the benefit of online video streaming that will allow the audiences to feel the first-hand experience through a virtual means. However, in this competitive world, bringing in traffic is a huge problem. For example on Youtube, let say, you want to set up a fitness video channel in which you will publish some videos related to exercise and diet advice for thrice a week. You will find out that it is difficult to bring in traffic if you have few active followers. In order to promote your channel, you have to use various services which include social media, sponsorship program, search engine optimization services and a good financial strategy. More traffics equal to more incomes.
Problem Statement 2 - Back in the day, if you're having problems, some sort of dilemma or facing some difficulties in making a decision, you went straight ahead to any active forums and create a subject on the matter you want to discuss with the other members. Some of the solutions suggested were helpful, some of them are not working and the others are just plain rude or not related to the topic you want to discuss. The idea is, to create an environment or tools that can be used to acquire specific service based on an individual's need. For example, if someone wants to get a dieting advice, instead of watching countless of useless video, we can refer to a specialist or any experts on the field that can cater to our own specified needs. That's where a face to face video chatting session shine. However, there is no website which compiled all of the potential services that we need into a single competitive environment. This environment will ensure the price of a single service would be controlled by demand.
Based on both of the problem statements mentioned above, in my opinion, there are two major problems that are faced by either the consumer or a video content creator; traffic and an appropriate platform to cater appropriate services. All of them can be satisfied by the brand new blockchain based website called the On.Live. To both the consumer and a content creator, On. Live provides two major services which are live broadcasting services and live consultation services. These websites would be utilizing a customized tokenised system (the currency is known as ONL) which would provide a certain level of anonymity and standardization of the ecosystem.
Live consultation services
Let say you are a PC expert and you want to provide an advice or an opinion on a PC related matters. You can sign up to this site and create a specific channel by utilizing a few tags which will allow you to become one of the consultants in the virtual world. The fees for this kind of services can be decided by you or can be as a result of negotiation between you and your potential customers. This is the benefit of a smart contract which recently has been widely used by several other websites. For example:
- Your service fee is 5 ONL for 30 minutes live consultation.
- A potential customer contacts you through a messaging system, asking for 15 minutes live consultation.
- As this plan doesn't exist in your original package, both of you agree that the consultation fee would be 3 ONL.
- You set up a customized plan for your customer and the video session start.
The concept is simple but valuable. If the video consultation were helpful or customers are able to solve whatever problem that they are facing, the payment which will be held in between by a moderator would be sent to the consultant based on the customer's satisfaction. If it is not, the payment would be refunded. This will simplify the process of meeting a lawyer, personal trainer, doctor or even an accountant for business purposes. You can set up a free consultation service, some sort of discount, free trial or anything that you would deem necessary. It will be completely up to you. There is also an appointment system that can be applied to the services that you want to provide. For example, you've decided to work for 3 hours online 6 days a week, so you can pull out the online calendar from the website itself, set up the appropriate timing for your service and publish it. This will allows a potential customer to make an appointment earlier.
Live Broadcasting Services
So now, you're familiar with Twitch which is one of the most popular sites for broadcasting services. You can do that on On.Live too and the difference between these two sites is customizability. In On.Live you can either:
- Provide a free broadcasting services
- Provide a paid broadcasting services
- Provide a partial-free broadcasting services
The price will be decided by you. You can put it as free broadcast service, 1 ONL per broadcast service and free for the first 5 minutes broadcast service (after that 1 ONL per broadcast). Your potential viewer? It's will be limitless. Anyone who keys in some sort of tags which are used by you would have the accessibility to your channel. Just imagine, a live boxing match would cost you a lot of money if you want to subscribe it online or from any cable services but through On.Live it could be as low as 1 ONL. This would revolutionize the online streaming which will allow all of the members of this community to be the potential audience. Just imagine how much would a streamer make on this platform if their own 5 ONL broadcast service is subscribed by 1000 people. That would be a huge potential income based on the market value. Some of the live broadcasts which could benefit from all of these are:
- Any racing events
- Any sport events
- Lectures
- Conferences
- Seminars
- Online classes
These would provide a variety of choices for a consumer to make. On.Live is currently waiting for implementation. This website has already established itself in a few markets such as Brazil, China, Japan and the United State of America. If you would like to learn more about the service, you can click one of the links below:
If you would like to participate in this writing contest, held by @originalworks, click the link below:
This article was created for On.Live's Writing Contest held by @OriginalWorks.
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