Solution: Web 3.0 Streaming

Web 3.0 Streaming Solution

FIRST replaces reliance on traditional advertising-based earning models with Web 3.0 earning models. The use of Web 3.0 for streaming content offers significant improvements to the economics of platforms that host this type of content. It allows streamers and fans to make money together without having to meet strict requirements. It offers peer-to-peer transactions and builds on blockchain technologies to enable scalable revenue solutions.

1. Web 3.0 Earning Models

We have built a Web 3.0-based ecosystem where every user is a digital identity with a cryptocurrency wallet, and every user can participate in monetization models that fit their activities. This is especially important for streamers, as they do not have to comply with certain requirements that traditional streaming platforms impose on them.

2. Decentralized Earning Structure

Our earning models are based on DeFi infrastructures where we enable peer-to-peer transactions. This allows us to offer direct crypto payments to our users without acting as a financial intermediary holding funds while having lower revenue rates. We also use the FIRST token to enable governance throughout the FIRST platform.

3. Fans can share in revenue

FIRST allows both streamers and fans to earn together. We do this through decentralized earning structures for fans such as Share to Earn, Stake to Earn, and also allow fans to trade NFTs, rewarding the fan and creator with royalties on each future trade.