soul bound At present launches its Web3 reside streaming platform TwitchCon 2024 In San Diego, California.
soul bound Participated in large-scale occasions for anchors and creators to showcase how blockchain know-how can change the reside streaming expertise for players, anchors and builders.
Soulbound is backed by buyers together with Animoca Manufacturers, NGC Ventures and Massive Mind Holdings Raised $4 million latest. It’s introducing its decentralized know-how platform to gaming lovers all over the world.
The platform is designed to supply players and content material creators with the instruments to attach, compete and earn cash in a clear and safe Web3 atmosphere. Sport studios also can profit from a collaborating Web3 gaming neighborhood, offering new methods to extend consciousness and drive engagement, the corporate stated.
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Soulbound’s Web3 reside streaming platform modifications the way in which content material creators and gamers work together with their audiences. Soulbound leverages blockchain to introduce options reminiscent of reside streaming monetization, a non-fungible token (NFT) sticker market, and prediction markets, encouraging customers to interact extra deeply with content material whereas producing income.
Soulbound says these blockchain-powered mechanisms create clear and automatic interactions and permit streamers to monetize their actions pretty and effectively.
By the platform’s bounty system, recreation builders can arrange bonus swimming pools for streamers. Builders deposit funds into sensible contracts and pose streaming challenges that incentivize participation. Bounty hunters or streamers take part in these challenges for a set time, and rewards are distributed primarily based on viewers measurement and reside broadcast time. This clear mechanism ensures that anchors obtain proportional compensation, creating a good and aggressive atmosphere.
With a singular prediction market characteristic, viewers can place bets on video games or particular person gamers, producing further income for streamers. This feature will increase viewer engagement whereas permitting streamers to extend income in new, dynamic methods.
Based in 2021 by AI Mansbridge and Casey Grooms, Soulbound is a SocialFi platform designed to assist streamers monetize and develop their audiences.
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