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Sandeep Kumar Mishra
Dec 31, 2019
by Sandeep Kumar Mishra

DLive: The Latest Addition to Justin Sun's Portfolio

DLive
Blockchain-based live streaming platform DLive is the latest addition to the portfolio of Tron founder and CEO of BitTorrent, Justin Sun. In an announcement made on Monday, BitTorrent revealed that DLive would start migrating its platform from the current Lino blockchain to the Tron blockchain. Therefore, the deal would witness the merger of BitTorrent’s live streaming platform BLive into DLive. The recent acquisition has come against the backdrop of Tron’s decision to release 33 billion TRX in the new year.

 

Transforming the Live Streaming Industry

Justin Sun said that DLive would provide an excellent solution for live media creators. He further added that live streaming content enjoyed an upper hand on centralized social media platforms, which take advantage of users by claiming ownership of their content. Thus, they exploit their hard work. He said that the world could now look forward to DLive delivering real value with the addition of a global community of passionate creators, which TRON and BitTorrent bring. The announcement also said that both BitTorrent and DLive would work together to bring blockchain-based peer-to-peer content sharing, including live streaming to everyone.

 

Kyle Lu’s Views

The founder and CEO of Dapp.com, Kyle Lu, said that the deal was a great one. He backed this assertion by stating that top YouTubers like PewDiepie were already on DLive. He further noted that other YouTubers would also join the platform because YouTube had recently removed many crypto-related videos from its platform.

 

About DLive

Founded last year in 2018, DLive has over 5 million active users, while BitTorrent has over 100 million active users. However, DLive has multiplied by several notches over the last 15 months. It boasts of a niche market, passionate community, and enthusiastic adoption. In September 2018, it migrated to Lino blockchain test net. By April 2019, PewDie had begun his first exclusive live stream on the platform. However, it wasn’t until the summer of 2019 that DLive gained real recognition by the coming together of Jack Black, James Charles, Ninja, and PewDiePie, which became the year’s biggest live streaming events.

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DLive: The Latest Addition to Justin Sun's Portfolio
Sandeep Kumar Mishra
Sandeep is an avid cryptocurrency enthusiast and a keen & passionate blogger. He has a strong mix of skills in the areas of computer networking, cryptography, algorithms, and data structures and specializes in ERC20 tokens. Lately, he is taking a lot of interest in blockchain-powered AI solutions, about which he is also reading and writing extensively. He has to his name dozens of deeply researched articles about cryptocurrencies, blockchain, AI, and IoT. Apart from that, he loves to keep track of the latest trends in social media and digital marketing space. Also, as a huge proponent of blockchain and cryptocurrencies, Sandeep tries to deliver all the latest cryptocurrency news to ardent crypto supporters like yourselves. If you like his content, feel free to follow him on LinkedIn.

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