Watching people play games has always been fun. Whether it was going over to a friend’s house and seeing them play on their latest console, watching your older brother play through some absurdly tough run-and-gun on some ancient machine, or – today – tuning in nightly to your favourite streamer as they show off their skills in a game you adore watching.
These days, hundreds of thousands of people have favourite games that they barely even play, instead enjoying them as nightly entertainment in a community created by an individual they respect. With Web3 emerging, and new decentralised architectures for the internet spinning up, how we watch games will soon be radically different.
The Pleasure of Watching People Play Games
Even when the internet was in its infancy, watching someone play games was already a niche hobby, with Let’s Plays appearing in the early days of Justin TV and Youtube to enormous success. It was Twitch, however, that fundamentally wrote the rules of the modern gaming streamer economy.
The pact is simple: Twitch hosts your content and lets your fans interact with you through their chat and rewards program, which streamers generally take home 50% of. In return, Twitch has created a go-to gaming hub where new streamers can be discovered, and a powerful set of community tools that drive engagement. No one doubts Twitch’s enormous positive impact on gaming as a hobby, and the crucial service they provide for gamers and streamers around the world.
Issues with Current Providers
However, they take 50%. More crucially, Twitch retains total control over the content, and can remove, ban, censure, censor, and much else besides. This desire to self-control has led to giga-streamers like Ninja look for new platforms (like Microsoft’s ill-fated Mixer) to get more control and more of the revenue share. For a small streamer – forget about it: Twitch is all you have. But there is a better way. By shifting the operating platform from a web2 provider to a web3-enabled platform – content creators and viewers stand to benefit.
It creates an opportunity that the blockchain, through decentralised authority and on-chain community reward mechanics, can solve.
Get Set Play to Introduce Streaming Platform: The GSP Channel
That’s what Get Set Play, a DAO-powered streaming and eSports multiverse, is set to do. Using web3-primitives of digital ownership, tokenised rewards, and decentralised architecture, Get Set Play will let content creators stream to a community who automatically shares in their success.
Streamers that grow their presence on the GSP Channel will find proceeds from the network flow through to them, and viewers tuning in can automatically earn rewards from their time spent watching. It’s a win-win. It lets creators earn (nearly) 100% of the revenue generated from viewers, and viewers earn $GSP, giving them a direct stake in the streaming platform that their presence is helping to build.
Benefits of GSP Channel for Content Creators
The GSP Channel will let content creators set up subscription fees (akin to Patreon tier lists), create and sell NFTs, and stream exclusive content to various members of their community. For viewers, they will earn passively, can get exclusive NFTs and content from their favourite streamers, and even earn a portion of the streamers income if they become committed followers.
GSP Channel ensures content creators and community members can participate with pseudonymous identity, and has a full set of community moderation tools that are managed by a DAO, stopping harmful community hate raids that plague current services like Twitch.
Decentralised Streaming Platform
The whole streaming architecture will be run by decentralised nodes. GSP Nodes are community run and let those with spare bandwidth help deliver content. Users doing this can earn rewards and can lend their bandwidth services directly to their favourite creator and receive royalties in return.
However, no single user will be responsible for keeping a stream up, and no single point of authority can remove a streamer’s right to stream and community’s right to be.
Integration with the Get Set Play Network
Better yet, being a content creator or viewer on the GSP channel allows for seamless integration with the rest of the Get Set Play platform, including the GSP City, a total GameFi metaverse, and the GSP Arena, a new decentralised eSports tournament and matchmaking infrastructure.
Communities can watch their favourite player compete in live tournaments in the GSP Arena, and maybe even win a share of the spoils through automated blockchain payouts when results have been validated (also by the community of GSP nodes. The GSP City is where users can hang in between streams in a fully fledged metaverse hub, complete with virtual stadiums, community hangout zones, and NFT marketplaces. In the GSP city, users will be able to wear custom skins and avatars they have earned through supporting streamers, and can wear their allegiance proudly for all to see.
Watch the Future of the Gaming, Live
Web3 is due to completely revolutionise the ever-growing industry of gaming, esports, and streaming. Get Set Play is a multi-vertical GameFi project that delivers the benefits of the blockchain for the players that make the game – and the communities around them – the incredible experiences they are. It’s a one stop solution for every gamer who knows there is a better way to play, and for those whose livelihoods depend on stable architecture, fair rewards, and decentralised security. A place for content creators to tokenize their value and share it with their supporters, and a dedicated space for them to deliver the best possible content right across the GameFi multiverse. Get Set Play is ready to give gamers all of that, all they have to do is press start.