Odysee Definition
Odysee is a video hosting and sharing platform that is powered by the Blockchain. It not only provides content publishers with the opportunity to monetise their content without worries about ads, it also gives viewers a chance to enjoy quality content without being inundated by advertisements. In essence, Odysee is a platform trying to decentralise the internet and make it more open by leveraging the power of blockchain technology.
Odysee Key Points
- Hosts and shares videos via blockchain technology.
- Allows content publishers to monetize without depending on ads.
- Allows viewers to enjoy content without intrusive ads.
- Working towards decentralizing the internet and making it open to all.
What is Odysee?
Odysee is a platform that uses the LBRY (Library) blockchain protocol to offer a decentralized, ad-free video hosting service. This blockchain-based platform provides a viable alternative to traditional ad-driven video hosting platforms like YouTube, giving content creators a new monetization model while enhancing content discovery and access for viewers.
Who Uses Odysee?
Odysee is used by anyone from casual viewers to content creators. Creators who are tired of the ad-based, centralized control model of traditional platforms find it appealing, as it allows them more freedom and control over their content and monetization. Viewers who desire to watch quality content free from incessant ads also find Odysee a perfect platform.
Why Use Odysee?
Odysee’s primary benefit is its decentralization through blockchain technology, breaking away from traditional platforms’ centralized control. The platform also promises greater freedom for creators as there is no third-party interference or censorship. Moreover, Odysee’s unique monetization model gives creators more control over their earnings.
Where is Odysee Used?
Being an online platform, Odysee is accessible worldwide, and has a growing user base around the globe. It can be used wherever internet access is available and can be accessed through various devices such as desktops, laptops, tablets, and smartphones.
When was Odysee Created?
The platform was launched in September 2020 by the same team that created LBRY, an open-source decentralized protocol enabling people to store and share data using blockchain technology.
How to Use Odysee?
To use Odysee, one would need to sign up for an account. Content creators can upload their videos directly to the site. Viewers can watch videos for free, but have the option of supporting their favorite creators by giving them LBC (Library Credits), a form of cryptocurrency used on the platform. The platform also rewards its users with LBC for certain actions such as watching videos, following creators, and more.
