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RE: STEEM + Bandcamp Philosophy (Maybe an approach to tap into the market of 7 billion users by 2025)
"It needs to be made clear that I'm not only talking about a place for artists to dump their files for anyone to buy like LBRY. Bandcamp is more than that."
To be fair - LBRY's real gambit is to become the backend for sites like Bandcamp, Netflix, etc. by solving the hosting problem.
Steem has better UI and community features right now, but LBRY can handle video hosting (via its bittorrent-style decentralized hosting system). Steem on the other hand is relying on YouTube for video still, which is kind of worst-case scenario
The competition / co-existence of LBRY and Steem is something I'm very interested to watch, since they're the two blockchain projects I'm most active in. I hope they'll both be able to thrive alongside each other.
Isn't Steem going to have SteemQ for videos?
Eventually I do hope SteemQ will exist. I think LBRY's built-in decentralized hosting is likely to be a lot more reliable, scalable, and robust - but I could be wrong.
Right. It could be anything; only time will tell. I don't think I have the access to LBRY yet though.
Yup it is, although the UI / UX remains to be seen. I wonder how it's going to deal with discovery and such. Youtube is great on that front..
I guess features like discovery wouldn't be a difficult task once the product is in place - not comparing it with YouTube. It could be implemented and made better in future versions.
I think for something grand like YouTube, we'd probably need STEEM+GOLEM type project.
Thanks for bringing the argument to light, I'll edit out and make it more of something that should be considered along with the steem solution. My intent was definitely not to put the piece of tech down as a backend solution :)
SteemQ by @furion might do the trick here :)