Thoughts After Registering for DLive and making my first Stream

in #steem5 years ago

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So I wanted to check out what the new Dlive was like. It felt like visiting an ex and seeing that they're doing WAAAAY better than you since you guys broke up. Leaves a salty taste in your mouth. But at the end of this I came away with some things that I think we have to face here on Steem and work towards addressing.

So one of the biggest things to note is that DLive right now is highly centralized. There was TOS language that threatened banning people from the platform so they're not even pretending to go down that road. The upside of this though is how much you can get done in a short amount of time I think. Also this dramatically aids in having a cohesive vision and user experience.

Within minutes of going on the site, I'd made my DLive account as well as my Lino Wallet(their blockchain). They have a thorough help section that explains how everything works and their user flow is completely end to end, so from making an account, to buying Lino, to selling Lino for cash, it's all consolidated into one product. That is powerful.

So one of my biggest takeaways was that Steem Dapps need to be more focused on their products relative to similar products outside of Steem. I feel like most of the Dapps here are to serve US. People who are already users, vs new users. We have all these separate puzzle pieces on their own that solve some problem, but almost nothing provides an end to end solution or anything remotely close to that. The closest is still actually Steemit. There you can create an account(Though the best account creation is currently @steem.ninja) > You can write your first blog(Easy) > You can buy Steem(Via Blocktrades, but the flow is connected, also this is not easy for a newcomer and if you're new to crypto forget about it) > If you want to sell your Steem, again, you have to be educated in crypto because you can only trade it on blocktrades.

This state of things right not is not a huge dig at Steem, all of crypto projects are pretty much at this level, as a matter of fact I'd say Steem is ahead of the curve compared to most crypto projects.

but...

By sacrificing some decentralization Dlive was able to zoom past this state that most of the crypto world is in, directly to a product that is going to be able to stand toe to toe with the 100% centralized competitor(twitch).

I think we need to learn from this. Not necessarily do exactly what they did, but I think it's clear they're doing some things right.

In terms of actionable things, the proposal system that @blocktrades is working on is almost complete. We need to be on it from day one and start throwing whatever ideas you have out there, and campaigning for them.

Developers I think should focus on building tools that can be integrated and custom branded across the system. To create incentive for this, I think @utopian-io is extremely important and should be supported.

This is all still an experiment and we have to find creative solutions to novel problems that we're running into since we're the ones blazing the trail. The better and faster we can adapt, the more successful we'll be. Meditate on this.

What do you think? Let's chat in the comments.

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Good review and solution based post! Well done.

Thanks! :)

I told @sufermarly on her latest post that our onboarding have problem. We need a DApp like what you said above.

Posted using Partiko Android

DLive model was like trybe.one on EOS. Trybe.one sucks as a social media, but you can instantly register and add the wallet later.

IMHO there should be a DApp on top of STEEM where anyone can use and integrate STEEM account later. Existing STEEM user can just use steemconnect, new user can easily join, but have the option to create a STEEM account to receive vote, rewards and etc.

Posted using Partiko Android

account creation is one of the bigger problems on steem, not sure how should that be solved. maybe your idea is not bad.

By sacrificing some decentralization Dlive was able to zoom past this state that most of the crypto world is in, directly to a product that is going to be able to stand toe to toe with the 100% centralized competitor(twitch).

Dlive is a centralized product...period. Listen to the video linked on the following reddit post.

https://www.reddit.com/r/btc/comments/bbqr5o/why_dlive_is_probably_a_scam/

Yea, that's what I said. I watched the entire video. This guy just doesn't understand how cryptocurrency works. They have control of the token but the value isn't arbitrary its based on the token sale and whatever other money they pumped into it. You could say you don't trust them and that maybe they'll take your money and run(which would be stupid as they've just made an awesome business model) but there is nothing shady about the setup. Centralized, yes. Shady, no. Now if paypal has a problem with processing the payments of buying crypto, that could be an issue for them, but it probably won't be because it's centralized. For this sort of structure, that's a strength. Paypal will want to make sure you aren't scamming people and selling them something worthless, but they got investment from investors plus a token sale and used that money to back their Lino, and since it's not on an open market, they can guarantee that price.

The reason this is a good idea is because they can cut out all middlemen except paypal. No conversions except in and out. Normally there will be a ton of fees as people are constantly sending donations with credit cards. They will be able to do the entire business at a fraction of the price.

The problem I have with them is that they used shady tactics to get a user base. Took a big delegation from steemit inc and used it to pay themselves a salary even do they had a starting capital of 20 million USD from their private ICO (which they conveniently did not reveal). They are using blockchain as a buzzword...they control the sales of their token (they are the middleman).

Maybe they are succesfull in growing their site but I would not trust a centralized group of people that have shown to be underhanded.

You'll get no argument from me on that front. What they did with Steem was shady as hell, and I think for them, they are not even pretending to be in it for decentralization. Blockchain is purely something they're using to save money.

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