Justin Sun adds one more firm to his portfolio, this time blockchain streaming platform DLive
December 31, 2019, 6:15AM EST
1 min read
Justin Sun, founder of Tron and CEO of peer-to-peer file sharing protocol BitTorrent, has added one more firm to his portfolio: blockchain-based live streaming platform DLive.
BitTorrent announced Monday that DLive will begin migrating its platform to the Tron blockchain from the current Lino blockchain. As part of the deal, BitTorrent’s live streaming platform BLive will also be merged into DLive.
“DLive is a great solution for live media producers,” said Sun, adding: “Think of how valuable live streaming content is already to centralized social media platforms who take ownership and advantage of their users’ hard work. We look forward to DLive bringing value to the entire world with the addition of TRON and BitTorrent’s global community of passionate creators.”
Kyle Lu, founder and CEO of Dapp.com, described the deal as “great.” He said top streamer PewDiePie, the world’s most popular YouTuber by subscriber numbers, is already on DLive and other YouTubers will also join the platform since YouTube recently temporarily removed crypto-related videos from its platform.
Both DLive and BitTorrent teams will work together to bring blockchain-based peer-to-peer content sharing, including live streaming, to everyone, per the announcement.
Founded last year, DLive claims to have over 5 million monthly active users, while BitTorrent claims to have over 100 million monthly active users.
Adidas Originals, a brand of the German sportswear clothing firm Adidas, announced a partnership with the crypto exchange Coinbase in a Wednesday tweet. Details about the partnership are scant, however.