3Speak: Let's Talk About It (And The Plans Are Very Impressive)

in Threespeak - OLD4 years ago (edited)

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3Speak has incredible aspirations. 2020 is a year it will focus upon decentralization. The platform is going to run a hybrid system which aims to deliver the functionality that people are accustomed to on YouTube while having the backup, providing immutability, via a decentralized file storage system.

3Speak also aims to become a platform where individual hubs are built. The SPEAK token is targeting all video content creators who want to develop their own community. The platform will allow anyone with a following to do this.

This is really a lot bigger than most believe.

Here is the video of Dan's interview that was referenced.

https://steempeak.com/dtube/@scottcbusiness/shn2m72eg01


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Summary:
The video discusses the latest developments in the threespeak platform based on an interview with Dan, who is involved with the project. The platform is set to introduce streaming in the near future and transition from a centralized to a decentralized model between 2020 - 2021. The focus is on creating a decentralized video platform that rewards both content creators and viewers using the speak token, promoting transparency and freedom. The speak token will be stakeable, providing holders with a share in the platform's proceeds. The goal is to attract users and content creators to build a community where individuals can monetize their content effectively. The speaker emphasizes the economic potential and opportunities offered by technologies like threespeak in a digitized economy.

Detailed Article:

The video titled "Let's Talk About Threespeak" delves into the upcoming developments and future plans of the threespeak platform, inspired by insights gained from an interview with Dan, a key figure in the project. The discussion focuses on the evolution of the platform to include new features and transition towards decentralization.

The first significant update highlighted in the video is the introduction of streaming on threespeak, offering content creators an additional tool to engage their audience. Given the limitations of streaming options on Steam, this feature is anticipated to enhance the platform's appeal and functionality.

Moreover, the platform is poised to undergo a crucial transformation from a centralized to a decentralized model from 2020 to 2021. This shift aims to leverage the benefits of decentralization, such as censorship resistance, transparency, and security. It's noted that while decentralized storage has its advantages, like improved security and transparency, it can pose challenges in terms of stability, affecting user experience. Threespeak is striving to strike a balance by providing the reliability of a centralized platform while harnessing the advantages of decentralization.

The core of threespeak's decentralized model lies in the speak token, which serves as the native token for video-related activities across various platforms integrated with threespeak. By staking the speak token, participants can become stakeholders in the platform's revenue streams, allowing them to influence and benefit from platform activities significantly.

Additionally, the speaker discusses the potential for content creators to monetize their content effectively on the platform, emphasizing the importance of community building and incentivization. With the possibility of creating customized video hosting platforms catering to specific niches, threespeak aims to offer a diverse and engaging environment for both creators and viewers.

The narrative expands to explore the broader implications of technologies like threespeak in the context of a digitized economy. The speaker highlights the platform's role in providing alternative income opportunities, particularly in light of potential technological unemployment in the future. The empowering nature of decentralized platforms like threespeak is projected to offer individuals a pathway to financial enrichment and community participation in a rapidly evolving digital landscape.

In conclusion, the video underlines the transformative potential of threespeak and similar decentralized platforms in shaping the future of online content creation and community engagement. By fostering an ecosystem that rewards creativity, transparency, and collaboration, threespeak stands as a beacon of innovation and opportunity in the emerging digital paradigm.