Credit: Bitcoin Canada

Below is an excerpt from Bitcoin Canada’s article on Verasity.

YouTube reinvented the way people watch videos. It provided a medium through which creators can post videos and become famous — and the best part about it? There are virtually no barriers to entry. Theoretically, anyone can make it on YouTube; all you have to do is develop the content, and all you need to do that is a phone and an internet connection.

However, theory is different from reality. Though YouTube might have started as a democratic creation platform, over the years, the monetization of videos via ads has produced limitations for certain creators who deal with marginalized topics, such as LGBTQ-related content. Somewhere along the line, the democratic aspect of barrier-free-entry platforms vanished due to monetization requirements and content restrictions.

The only way to recover our freedom of expression on content is to liberate creators with a democratic video-sharing platform. This means putting power and ownership back into the hands of creators instead of advertisers.

There’s a video-sharing platform called Verasity that is doing just that: empowering creators to choose how they would like to be monetized.

Read the rest of Bitcoin Canada’s article: Video-Sharing Monetization Barriers To Disappear with Blockchain

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