BitTorrent Live, a Video-Based Social Media Platform, to Launch in Q2

BitTorrent Live, a Video-Based Social Media Platform, to Launch in Q2

TRON has added another offering to its vast empire by joining the social media game as they announced on March 27, 2019, that they would be launching BitTorrent Live, a video-based social media site, in the next few months.

Details about BitTorrent Live

Things have certainly been busy for TRON in the last few months as they have announced the launch of their native BTT Token.

Now, BitTorrent, which was acquired by TRON in 2018 has announced on March 27, 2019, that they would be launching their own P2P social media site in the second quarter of 2019.

This announcement was made via a press release and the new platform will be called BitTorrent Live. As soon as the decision was made public, early access viewership of the platform was enabled.

From the details that have been made public, BitTorrent Live intends to function in the same way as other video-based social media sites such as Snapchat and TikTok in which users can create live video content and connect with other users.

From all indications, live streaming will be a significant feature in the platform and users can do so from anywhere in the world that they have Internet access. In terms of consuming content and connecting with others, there will be the option to search based on the topics that interest them and view content within that category. Likes and comments can be given for any content that is viewed.

There was also mention of blockchain being incorporated into the platform to ensure a standard of privacy. On top of this, cryptocurrency will be enabled as a payment option for BitTorrent Live, which is no surprise considering TRON owns it.

The Past and the Future

While this new platform is an exciting development to look forward to, this isn’t the first time such an idea has been conceptualized.

It has been in the works as far back as 2012 and Bram Cohen, the founder of BitTorrent, said that his goal with the platforms was to kill off the television, though the platform wasn’t originally a social media site.

TRON has expressed high hopes for BitTorrent Live as the next big social media app.

“Imagine chatting with your favorite athlete, becoming immersed in a music festival, or meeting new friends to share your passions – all by simply firing up the BitTorrent Live app,” said Justin Sun, CEO of BitTorrent.

“Our strong foundation of decentralized technology will allow us to fulfill our vision of a boundary-free Internet while being at the forefront of a new content experience.”

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