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Soulbound to Unveil New Web3 Livestreaming Platform at TwitchCon 2024

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Soulbound — a Web3 livestreaming platform, will take center stage at TwitchCon 2024 in San Diego. The company will showcase how blockchain technology can transform the livestreaming experience for gamers, streamers, and developers. Backed by major investors including Animoca Brands, NGC Ventures, and Big Brain Holdings, Soulbound will introduce its groundbreaking platform to a global audience of gaming enthusiasts at this prestigious event.

TwitchCon, organized by a video livestreaming service Twitch, will be held on September 20-22, 2024. Known for celebrating all things gaming and streaming, TwitchCon is the perfect stage for Soulbound to demonstrate the power of decentralized technology. The platform aims to provide gamers and content creators with tools to connect, compete, and earn in a transparent and secure Web3 environment. Game studios can also benefit from access to an engaged Web3 gaming community, offering new ways to boost visibility and drive participation.

Soulbound’s Web3 livestreaming platform represents a significant leap in how content creators and gamers can interact with their audiences. Leveraging blockchain, Soulbound introduces features like stream-to-earn, an NFT sticker marketplace, and a prediction market, making users engage more deeply with the content while generating revenue. These blockchain-powered mechanisms create transparent and automated interactions and allow streamers to monetize their activities fairly and efficiently.

Through the platform’s bounty system, game developers can set up prize pools for streamers. Developers deposit funds into a smart contract, coming up with streaming challenges that incentivize participation. Bounty Hunters, or streamers, participate in these challenges over a set period, with rewards distributed based on audience size and time streamed. This transparent mechanism ensures that streamers are compensated proportionally, cultivating a fair and competitive environment.

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With a unique prediction market feature viewers can place bets on games or individual players, which generates additional revenue for streamers. This option enhances viewer engagement while allowing streamers to boost their earnings in new, dynamic ways.

Soulbound’s appearance at TwitchCon 2024 in San Diego follows its successful participation at TwitchCon Europe, which was held at the Rotterdam Ahoy in Rotterdam, Netherlands, on June 29-30, 2024. The company’s presentation in Europe introduced thousands of gaming enthusiasts to the exciting possibilities of Web3 livestreaming, and the platform is now poised to capture even more attention in San Diego.

The post Soulbound to Unveil New Web3 Livestreaming Platform at TwitchCon 2024 appeared first on HIPTHER Alerts.

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Blockchain

Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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Blockchain

Bybit Web3 Launches World’s Largest GameFi Playground at Crypto Ark-ade as GameFi Market Size Surges to $20bn

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Blockchain

Money Transfer Apps Industry Worth $47.67 Billion by 2029 – Regional Markets Analysis and Profiles of Leading Players PayPal, Western Union Financial Services, Wise Payments, Remitly, WorldRemit, Revolut & More

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Global Money Transfer App Market

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