Joystream is a decentralized video platform and blockchain ecosystem powered by the native $JOY token. Launched in 2022, Joystream features an application called Atlas, which operates similarly to familiar video platforms but leverages the Joystream blockchain to offer unique functionalities. On Atlas, users can upload videos to their channels, build subscriber bases, sell videos as NFTs, and create their own channel-specific tokens. These tokens enable fans to invest in creators, with token holders earning a share of the generated revenue, gaining early access to content, and other benefits controlled by the video creators. Joystream's total supply is 1,087,336,322 JOY, with 983,818,150 JOY currently in circulation. The last known price of JOY is $0.00384471 USD, experiencing a 0.22% increase in the past 24 hours, and it is actively traded on eight markets with a 24-hour trading volume of $84,202.65. The platform also sets itself apart by being a video platform Decentralized Autonomous Organization (DAO), rewarding participants with Monero for activities like running a validator node, serving as a council member, and reporting bugs on the live testnet. More information about Joyst...
Joystream is a decentralized video platform and blockchain ecosystem powered by the native $JOY token. Launched in 2022, Joystream features an application called Atlas, which operates similarly to familiar video platforms but leverages the Joystream blockchain to offer unique functionalities. On Atlas, users can upload videos to their channels, build subscriber bases, sell videos as NFTs, and create their own channel-specific tokens. These tokens enable fans to invest in creators, with token holders earning a share of the generated revenue, gaining early access to content, and other benefits controlled by the video creators. Joystream's total supply is 1,087,336,322 JOY, with 983,818,150 JOY currently in circulation. The last known price of JOY is $0.00384471 USD, experiencing a 0.22% increase in the past 24 hours, and it is actively traded on eight markets with a 24-hour trading volume of $84,202.65. The platform also sets itself apart by being a video platform Decentralized Autonomous Organization (DAO), rewarding participants with Monero for activities like running a validator node, serving as a council member, and reporting bugs on the live testnet. More information about Joystream can be found at https://www.joystream.org.
Joystream is a decentralized video platform and ecosystem powered by the native $JOY token, launched in 2022. Unlike traditional video platforms, Joystream leverages blockchain technology via its application Atlas, allowing users to upload videos, build subscriber bases, sell videos as NFTs, and create channel-specific tokens. These tokens enable fans to invest in creators, with potential revenue sharing and early content access. Joystream's decentralized approach, operating as a Video Platform DAO, distinguishes it from centralized platforms by empowering users with governance roles and content monetization options.
On Joystream, creators monetize content by selling videos as NFTs and issuing channel-specific tokens. These tokens enable fans to invest in creators, which allows token holders to earn a share of the revenue generated by the channel and access exclusive content early. Additionally, Joystream's DAO structure allows creators to further benefit by participating in governance roles and contributing to the platform's ecosystem, potentially earning rewards in Monero for running validator nodes or participating as council members.
The $JOY token is central to Joystream's ecosystem, facilitating various platform interactions. It is used for creating and trading NFTs, channel-specific tokens, and engaging in platform governance. Token holders can participate in Joystream's decentralized autonomous organization (DAO), influencing decisions and earning rewards. The total supply of $JOY is 1,087,336,322 tokens, with 983,818,150 currently circulating, providing liquidity and incentive structures that support the platform's decentralized content creation and monetization model.
Channel-specific tokens on Joystream provide fans with unique investment opportunities, allowing them to support creators and share in their success. Token holders may earn a percentage of the revenue generated by the creator's content, enjoy early access to new videos, and gain access to exclusive releases or experiences. This innovative model incentivizes active engagement with content creators and deepens the fan-creator relationship, distinguishing Joystream from other platforms that offer limited direct engagement between fans and creators.
Joystream's DAO structure enhances functionality by empowering users to actively participate in the platform's governance and decision-making processes. Participants can engage as validator nodes, council members, or bug reporters on the live testnet, with actions rewarded in Monero. This decentralized governance model allows for community-driven improvements and innovations, promoting transparency, accountability, and user ownership of the platform. By distributing decision-making power among users, Joystream evolves as a dynamic and responsive video platform tailored to its community's needs.
If you encounter issues on Joystream, first verify your internet connection and ensure your application version is up-to-date. Try refreshing the page or restarting the app. For persistent issues, clear your browser cache or reinstall the application. Additionally, you can consult the Joystream support resources or community forums for assistance. If the problem involves blockchain transactions or token functionalities, double-check wallet addresses and transaction details for accuracy. Engaging with the community or support team can provide insights and resolve technical difficulties effectively.
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