Odysee, a decentralised YouTube alternative focused on free speech, is officially ending the serving of ads on the platform, starting today. The post:
"Dear friends of Odysee, Starting today, we’re removing all ads. We don’t need ads to make money as a platform and we are confident in the development of our own new monetisation programs that will help creators earn a living and at the same time keep Odysee alive. Ultimately, sacrificing the overall user experience to make a few bucks isn’t worth it to us and nor is it even sustainable for a platform that wishes to make something truly open and creatively free.
As we take this decision, one thing is certain to us, media platforms (even ones that market themselves as ‘free-speech’) typically devolve into advertising companies and end up becoming beholden to their paymasters. It’s been that way for centuries and is never going to change.
As we see YouTube become more aggressive with their ad deployment and ‘Free Speech’ platforms try to build their own ad businesses it’s apparent to us that we’re building a model for Odysee that will keep it sustainable not only financially, but in its ability to provide an incorruptible user experience.
Our approach may be considered niche or unconventional, that’s fine by us. Odysee will be used by the world on terms that are agreeable to its users, and we know our users don’t like ads.
Best, Founder & Creator, Chief Executive Officer. Julian Chandra"
It split from LBRY, which originally pushed a cryptocurrency system kind of like Brave’s BAT. They’re now trying to go decentralized, but it’s with a blockchain system, so I guess we’ll see where that goes (blockchain isn’t a problem, provided they’re not pushing a currency).
I’m interested to see where it goes, so I sub to a few channels I’d otherwise watch on YouTube. But I’m not giving them any of my money until they earn it. I’m currently paying for Nebula because a few of my favorite channels are there, and I’d be willing to pay for Odysee if there was a decent value proposition.
Blockchain is innately stupid. There is no scenario where it would make sense to use blockchain over another technology.
I disagree. I think it makes a lot of sense for something like a distributed authentication system. Or perhaps a distributed voting system. Basically, if you want a distributed system with some sort of consensus, blockchain is your best bet.