What is the Fair Web?
Category: Decentralised Entertainment
You will have heard of a decentralised organisation. An organisation controlled by several local offices or authorities rather than one single one. You may not have heard of decentralised entertainment. For example, Livetree ensures that consuming and making creative content is accessible to everyone. You will know the likes of Netflix and Amazon Prime, these are services which use your data for profit. Livetree’s user-friendly software protects your data. Furthermore, the viewing experience for our users, like you, improves dramatically.
Because of this, a fairer web can be ensured for all. Watch content you love, Be part of the mission. Here’s to a fairer web!
The Future of Seed Tokens with Moonbeam
You may know Livetree has its own ERC-20 tokens. Seed (SED) is their name. However, you may not have heard of Parachain Seed tokens (PSED)… let’s start with the basics!
What are Seed tokens?
In 2018, Livetree created Seed (SED). With the SED ERC-20 token, our goal was achieved. We successfully build an ADEPT platform for filmmakers and distributors. ADEPT, an acronym for Advanced Decentralised Entertainment Platform for Transparent Distribution solved many problems in the film industry. For example, content gatekeeping, time-consuming negotiations and complicated terms of contracts. Seed tokens can be swapped with ETH, BTC and others in the Ethereum blockchain. However, we have found that SED is not scale-able enough within the Ethereum network for us to see SED’s true impact. You can read more about Ethereum here (link).
App
This year, we are launching our app. The app will utilise decentralised video infrastructure and realise our vision for the fair web. We will enable our users to reward the stories that matter to them, help save the planet and spark direct action in their communities. The Tik Tok style streaming platform encourages live conversations with our ‘discuss’ function, and helps the community form new connections. As a DAO, Decentralised Autonomous Organisation, Livetree enables transparency for users instead of profiting off their data. Livetree is a passion project, and we are really trying to address world problems we have today. For example climate change, human rights breaches, and inequalities.
What are Parachain seed tokens?
Parachain Seed Tokens (PSED) are our new tokens. They are Etereum ERC20 and Moonbeam Polkadot compatible. PSED introduces three key benefits or areas of functionality that we do not have with SED.
- Governance
- Staking
- Rewards
What is a Wallet?
So, you hopefully already know what a wallet is in the traditional sense of the word. However, do you know what an EtherWallet is?
An EtherWallet or MyEtherWallet (MEW) is an open-source, client-side interface which allows users to interact directly with the Ethereum blockchain. And – this is all without having to join the centralised exchange.
Not unlike the wallet in your pocket, an EtherWallet stores important possessions. With it, you can send and receive tokens, as well as swap tokens. For example ERC-20 tokens ETH, ETC, SED and more. It also allows you to interact with smart contracts. You can learn more about smart contracts here (link to erc-20 blog).
You may be wondering, ‘where are my tokens actually stored?’. The answer is that all crypto is stored on the blockchain itself. However, you can interact with blockchain in a simplified way when you have a wallet. Moreover, it is important to realise that MyEtherWallet, more commonly known as MEW, is not a bank or exchange. They make this abundantly clear on their website:
MEW is NOT a bank or exchange.
What does that mean?
- We cannot cancel, reverse, or refund transactions.
- We cannot recover phished funds.
- We cannot recover lost passwords, nor can we reset passwords.
- We do not store names, emails, or any information about our users.
- The only one who has access to your funds is you.
Livetree and Polkadot Moonbeam Join Forces
Governments, corporations and social media networks have failed to provide a fair playing field for the users of the internet. Livetree and Moonbeam join forces to take on the problems we face.
Our social media channels are dominated by biased, opaque recommendation algorithms which only go on to create dangerous echo chambers and deepen cultural divisions, exacerbate world problems and cuts down the chance we have to understand one another. Livetree’s partnership with Moonbeam Polkadot means we now have the scalability to deliver our promise to decentralise how we consume content online.
How?
The integration will port Livetree’s Ethereum based crowdfund and data governance smart contracts to Moonbeam and a bridge will be created from Ethereum MainNet. Our partnership will have a variety of benefits for our users which you can read more about on Medium.
Join the Polkadot Moonbeam and Livetree Community Today
A fundamental driver in the cryptocurrency space is community, are you ready to join the Moonbeam and Livetree community today?
Livetree has an over-arching goal to build an app which supports our members and our growing community. So, as we grow our community it is very important we create bridges with the core communities in the cryptocurrency space.
Today, we welcome the Moonbeam community to Livetree
Moonbeam is a leading purpose-built blockchain, known as a substrate, in the Polkadot network. The benefits of the Moonbeam-Livetree partnership know no bounds. For example, it allows us to host a token pool which is beneficial for our community members, old and new.
You are invited to participate
To participate in the token pool you must join the whitelist and carry out the following necessary steps.
- Follow the Livetree and Moonbeam on Twitter.
- Join Livetree on Telegram, and chat & comment on the group at least once. We value active community members and will provide more details of the Livetree Ambassador Reward Programme later.
- Fill out the whitelist form.
- Retweet Livetree’s most recent tweet for verification but ONLY after you submit the form.
Livetree Completes First Integration with Polkadot Moonbeam
This will be the world’s first blockchain-based crowdfunding social network dedicated to data rights management & licensing for film, TV & video content announces an integration with Moonbeam.
Livetree — a video based social network dedicated to crowdfunding video stories based on the United Nations’ 17 Sustainable Development Goals (SDG) is pleased to announce an integration with Moonbeam. Livetree is a video streaming platform with a web 3.0 decentralised infrastructure and video data protocol for crowdfunding, data rights and video licensing. Moonbeam, the Ethereum-compatible smart contract platform on Polkadot, provides a developer platform that enables Solidity contracts to easily be deployed with limited changes required.
The Livetree team has completed the first phase of integration on Moonbase Alpha TestNet with a successful deployment of Livetree’s existing Ethereum based contracts to Moonbeam. The full integration will involve porting all of Livetree’s Ethereum based crowdfund and data governance smart contracts to Moonbeam as well as creating a bridge from Ethereum MainNet.
What are ERC-20 Tokens?
Are you interested in Cryptocurrency? Let’s start with the basics. What are ERC-20 tokens?
ERC-20 tokens are designed for and used solely on the Ethereum platform.
What is Ethereum?
So, Ethereum is a decentralised network of computers which uses Ether (ETH). Ether is a popular digital currency. Ethereum functions as a virtual machine that can produce smart contracts. In the event that you would like to learn more, you can do so here.
What are smart contracts?
Blockchains store smart contracts which help automate the execution of an agreement. This means participants can be immediately certain of the outcome, without any intermediary’s involvement or time loss.
ERC-20 Tokens
Smart contracts use ERC-20 tokens on the Ethereum blockchain. The Ethereum community created a list of standards which are defined by these contracts. Undoubtedly, all tokens must adhere to these standards. Subsequently, developers are empowered by a process made easier to follow. Not only this, but new tokens can be put on an exchange or transferred to a wallet automatically. And as a result, tokens become more ‘swappable’.
Remember that the automated aspect of the Ethereum network is important in order to remain decentralised.
reated these standards with three optional rules, and six mandatory.
Optional
- Token Name
- Symbol
- Decimal (up to 18)
Mandatory
- TotalSupply
- BalanceOf
- Transfer
- TransferFrom
- Approve
- Allowance
What is Ethereum?
Bitcoin is the word on everybody’s lips, but have you ever heard of Ethereum before?
Ether (ETH) is the cryptocurrency of the Ethereum network. In fact, after Bitcoin, it is the second largest digital token in the world. Ether has two core purposes. One: you can trade it as a digital currency. Two: you can use it within the Ethereum network to run applications.
Most importantly, Ether is a decentralised token. Decentralised in this context means it is not regulated by any central bank or authority. Therefore, any financial contracts using Ether are tamper-proof. So, you can trust that your tokens are in safe hands!
We have the same decentralised technology on our app. It’s time to decentralise and bring about a new wave of the internet.
What is a DAO?
So, you click on this article, you are eagerly anticipating what a DAO is… and, I’m going to tell you.
A DAO, or Decentralised Autonomous Organisation, is a management model used in the cryptocurrency community. The idea behind it is to establish an organisation that can function effectively without hierarchical management.
No one explains this better than the CoinTelegraph:
Imagine a vending machine that not only takes money from you and gives you a snack in return but also uses that money to automatically re-order the goods. This machine also orders cleaning services and pays its rent all by itself. Moreover, as you put money into that machine, you and its other users have a say in what snacks it will order and how often should it be cleaned. It has no managers, all of those processes were pre-written into code.
Since Ethereum enabled smart contracts, DAOs have become part of the public realm. However, say an organisation wants DAO status? They will need to reach a standard, and they will need to follow steps. Steps include:
- A smart contract defines rules and standards that must be met and maintained
- The DAO enters a funding phase
- After funding, the DAO becomes fully autonomous
- All the rules and transactions within the DAO are automatically recorded in the blockchain
Because of this, you can be assured that DAOs are completely transparent, immutable and incorruptible.
If Social-Media Apps Were Parties…
Inspired by The New Yorker’s article of the same name, I give you a guide on how to deal with the parties we are obligated to attend… Twitter, Facebook, TikTok, Instagram and Livetree edition.
So, you’ve just woken up on a Saturday morning after a long week’s work. You’re in the midst of your third lockdown during a global pandemic, and you’re tired of everything. You have already taken every walking route from your gaff, and you’ve already met each of your friends for a coffee break on a cold bench. You’re way of socialising-without-actually-socialising? The internet.
You grab your phone and you start your morning stroll. No, not stroll, SCROLL (oh, how times have changed). Before you know it, you’ve been scrolling for a half hour…
Much like parties we are obligated to attend, social media is the 21st century’s version of that annoying friend who doesn’t take ‘no’ for an answer. It demands our presence, and we’ve already used up all our excuses.
So, we’re going to the party that never ends… what’s the dress code? Who’s there? What’s the ‘vibe’?
Your uncle takes to the dance-floor for the third time, but this time he does his hip in. It’s almost as embarrassing as the time he took to the internet to lambast Black Lives Matter protests. ‘In my day…’, I think that’s how it started? So, this party is you and a bunch of boomers no doubt arguing about the prevalence of cancel culture and what the plus stands for in ‘LGBTQ+’. You leave by 11pm and you’re in bed by 11:30pm… sorry Facebook, you’re not worth sticking around for.
Dress code: Anything that annoys your conservative auntie. A short skirt? Check. Low-cut top? Check. A sense of self-worth and confidence? Check.
This is made up of your pseudo-intellectual friends from uni, only everyone’s uncomfortable because they all know they’ve over-shared on the internet. In contrast to the Facebook party, these individuals aren’t your family, in fact, they barely know you. Subsequently, you’re not all partying merrily together. You’re all sectioned off into various rooms of the house, entirely based off of which candidate you voted for in the last general election. All except for that one dude who ‘respects’ Jordan Peterson. You somehow spot him in every room, ‘playing devil’s advocate’ with anyone wearing a communist hat.
Dress code: A Daunt Books tote bag that you can’t find at the end of the night, because guess what? There are over ten of them in a pile by the front door.
An Instagram party is like a gallery exhibition which lures you in with free house wine. Anyone can walk in, but not everyone belongs. Underneath the smiles, toasts and feigned appreciation for bad abstract art, all attendees share the same knowledge. There is an after-party that not everyone will be invited to. Unlike the Twitter and Facebook soirees, at the Instagram party no one actually knows each other – but they act like they do. Just like you do with your Instagram app, you’ve got a 1 hour time limit on this bulls**t.
Dress code: Casual elegance paired with a ridiculously small bag.
TikTok
The TikTok shindig is our annoying 10-year-old cousin’s birthday party. It’s 10am, and the bouncy castle has already been deflated by a group of kids who wear TikTok hoodies like armour. The parents don’t tell them off because they know these kids have the type of confidence that could make a grown man cry. On the internet since they were 2, these kids don’t cry anymore, they just blow all your cousin’s birthday candles out for clout, and worst of all, no one bats an eyelid. Least of all, your cousin, who actually filmed the whole thing.
Dress code: NEUTRALS. You’re more mature than these juveniles and they can’t hurt you…
Livetree
Shameless self-plug, we know. But if you don’t back yourself, who will?
The Livetree party is the best party. In fact, it’s closer to a festival. You float from stage to stage, having new realisations and meeting new friends. Unlike the rest of the parties you’ve attended, the Livetree party lasts all day and all night – and, you don’t feel the hangover the next day. There is no hedonism involved, because the fun is sustainable and it can last forever if you want it to. There is no planet B, but with Livetree, we only need planet earth.
Dress code: Your choice, baby.