Description
Joystream is an open-source, decentralized video platform protocol built on its own blockchain and operated by a DAO. It enables developers to build various video streaming applications on a shared infrastructure, allowing content uploaded to one app to be accessible across the entire ecosystem. The platform offers creators powerful monetization tools beyond traditional ad models, including Video NFTs, which can be minted and sold with royalty options, and Creator Tokens, which allow viewers to invest in channels and share in their success. The Joystream DAO governs the platform, with stakeholders participating in elections, proposals, and paid roles to support its growth. The ecosystem includes applications like Gleev for content creation and consumption, and Pioneer for governance. Joystream also provides a no-code approach for developers to launch their own video apps with configurable features, supported by grants and a comprehensive SDK.