YouTuber PewDiePie Helps Blockchain Platform Grow Its User Base By 67%

The most famous YouTuber in the world, PewDiePie, is apparently of big help to its new partner. The YouTuber PewDiePie has partnered with the blockchain-based live streaming service DLive a month ago – and it seems like the service has grown by 67% in its user base since the partnership.

DLive and the YouTube star PewDiePie made a deal in April 2019, where he agreed to promote the blockchain-based streaming service. Since then, DLive has grown its user base to more than 5 million active users and more than 70,000 streamers, according to official reports in the latest cryptocurrency news published by Nikkei Asian Review.

The 29-year-old Swedish content creator and YouTuber PewDiePie (real name Felix Kjellberg), then signed an “exclusive” live streaming deal with DLive. With over 95 million subscribers and millions of views on all videos at press time, his YouTube channel was seen as a lucrative opportunity for a partnership by the blockchain streaming service.

For those of you who haven’t been following our coming altcoin news, DLive is a decentralized platform that was built using the Lino Network blockchain which rewards content creators as well as viewers that use its native token, “Lino points.” Without any percentage taken on earnings, the platform does not charge fees to content creators which is how the YouTuber PewDiePie promoted it and managed to attract a lot of users.

The co-founder of Lino Network, Wilson Wei, sat down with Nikkei Asian Review and told them about the current situation regarding the platform, stating:

“I think the lack of transparency and the huge cut that platforms take from content creators, are the two biggest problems the online streaming industry has. And blockchain is the perfect technology to solve both problems.”

However, this is not the final goal for DLive. The company and the YouTuber PewDiePie are planning to grow beyond its rival which is the Amazon-owned live streaming video platform Twitch – known for taking a 50% cut from streamers and having more than 2.2 million daily broadcasters and 15+ million daily viewers on average.

Lino managed to raise $20 million in February 2018 to build the “YouTube on the blockchain” as they defined it, a topic that was re-shared by many best cryptocurrency news sites. The money apparently helped them contact and sign a deal with the YouTube streamer PewDiePie.