Innovative social entertainment platform GazeTV has launched a blockchain-powered social entertainment platform. The platform is designed to put creators first, ensuring they are rewarded transparently. Through tokenomic incentives and reward functions, GazeTV is set to change creators’ position in social entertainment. Across all entertainment platforms, creators are key, their content ensures continued growth. However, they are not fairly or transparently compensated.
In modern-day, it takes a camera or smartphone to become a creator, but while the content might be good, traditional entertainment platforms have made it a mission to keep creators down. On YouTube, for example, it takes 1,400 views to make $1. Not to mention, the policies on these payments and even copyrights remain buried and vague. This has long discouraged creators to make content. Now, GazeTV is bringing a modern approach to the modern creator.
The GazeTV platform puts these creators at the forefront. And they have been streaming in. So far, the platform boasts more than 180 minutes of content that is set for launch on March 30, 2021. Leveraging blockchain, GazeTV has created a user-friendly platform. With the Gaze token, users will be able to compensate creators fairly and transparently.
“We want creators to build mutually beneficial and sustainable communities with their audiences. We are building an empowered and engaged Gazer community, using different tokenomic models than what exists elsewhere,” noted GazeTV CEO Jack Cheng
GazeTV opens new markets
Not only will the platform ensure creators earn more, by eliminating the third party, it will also ensure creators can build a community of viewers. Another big win for creators is a new market. GazeTV can be accessed in China, a market that has previously evaded most traditional platforms. The country offers an enormous and affluent market that creators will be interested to get in with.
Creators can then stake and swap tokens using new models on the platform.
GazeTv has cleverly added an Automated Content Synchronization feature that allows creators to seamlessly bring content on from other platforms. Creators already engaged with other platforms such as YouTube, Facebook and others will be able to bring their content into the GazeTV platform and enjoy the many benefits.
The launch of GazeTV is set to be done in phases, each adding more features and value to the platform. But as its CEO noted, it is all driven towards ensuring creators are appreciated to ensure their continued involvement.