【 Why is blockchain necessary for live streaming? 】 1. The live streaming market is expected to grow to about $144.6 billion this year, showcasing its tremendous potential. 2. However, creators' revenue structures still heavily rely on advertisements or sponsorships, lacking a stable revenue model. 3. Creators often depend on one-time tips like star balloons and donations from viewers, leading to unstable income issues. 4. This is where Sidekick (@Sidekick_Labs) comes in! 5. Sidekick is a platform that combines real-time live streaming with blockchain, essentially a Web3 version of Twitch. 6. Streamers can earn $K tokens based on their activity and engagement while broadcasting. 7. This acts as a sort of base salary, supporting streamers to continue their activities in the long term. 8. The $K token is not just a reward mechanism; it is a currency that can be used in various ways within the platform. Currently, it is used for various activities such as donations, subscription payments, and VIP memberships. 9. Ultimately, Sidekick provides stable rewards to streamers while also rewarding participating viewers, creating a virtuous cycle of content creation and consumption. 10. Another advantage of Sidekick is that users can easily use it without any Web3 knowledge. 11. For example, if there is an interesting broadcast, you can simply log in and watch, and while watching, you might receive lucky bag rewards. 12. Additionally, a wallet is automatically created upon login, so there is no need for complicated wallet installations or seed phrase management. 13. Therefore, if there are interesting broadcasts, new users can consistently join, and streamers can earn more stable income, leading to continuous broadcasting.
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