Adi Sideman, founder and CEO of YouNow, highlights risks of centralized digital media platform control during a discussion on crypto-based media networks.
0:00 / 0:07exact quote · 7.4s
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“I'll give you an example that happened this month. YouTube decided to take down hundreds of thousands of videos that documented the war in Syria.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
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More from Adi Sideman
Opinion
Sideman: Apple and Google are the biggest barrier to crypto adoption
“It's the incumbents who control the centralized distribution channels today, like Apple and Google.”
Adi SidemanOct 27, 2017▶ 17:4720VC: Why Decentralisation is Key For Digital Media Distribution, Why Gradual Decentralisation Is The Most Practical Approach and Why Incumbents Are The Biggest Barrier To The Rise of Crypto with Adi Sideman, Founder & CEO @ YouNow
AssertionSupported
Sideman: Apple ended its 30% cut on peer-to-peer user currency transfers
“Apple just changed their guidelines last month, so they don't take their 30% cut when a user passes currency to another user, and that's a big deal, and it was in reaction to feedback from consumers who want to do micropayments, and, you know, with cryptocurre…”
Adi SidemanOct 27, 2017▶ 8:1620VC: Why Decentralisation is Key For Digital Media Distribution, Why Gradual Decentralisation Is The Most Practical Approach and Why Incumbents Are The Biggest Barrier To The Rise of Crypto with Adi Sideman, Founder & CEO @ YouNow
Opinion
Sideman: Centralized platforms capture billions while creators get almost no value
“And then, you know, the second thing is there's a very disproportionate allocation of the value generated from these digital media networks. The internet started with this beautiful promise of a level playing field, but it ends up with what's happening is that…”
Adi SidemanOct 27, 2017▶ 9:3420VC: Why Decentralisation is Key For Digital Media Distribution, Why Gradual Decentralisation Is The Most Practical Approach and Why Incumbents Are The Biggest Barrier To The Rise of Crypto with Adi Sideman, Founder & CEO @ YouNow
PredictionDidn’t hold up
Sideman: Props will launch a tokenized creator economy later in 2017
“We're launching a decentralized, tokenized economy later this year where creators, whether they're independent like you or MTV or America's Got Talent, both of which are on our service today, will be rewarded with token.”
Adi SidemanOct 27, 2017▶ 13:4220VC: Why Decentralisation is Key For Digital Media Distribution, Why Gradual Decentralisation Is The Most Practical Approach and Why Incumbents Are The Biggest Barrier To The Rise of Crypto with Adi Sideman, Founder & CEO @ YouNow
PredictionNot checkable as stated
Sideman: Apple's restrictive app review process is unsustainable
“I think that slowly but surely, they're going to be moving towards enabling more and more openness. You know, the fact that Apple still reviews every update by Every line of code is just horrendous in terms of facilitating development, and it's not sustainable…”
Adi SidemanOct 27, 2017▶ 17:5920VC: Why Decentralisation is Key For Digital Media Distribution, Why Gradual Decentralisation Is The Most Practical Approach and Why Incumbents Are The Biggest Barrier To The Rise of Crypto with Adi Sideman, Founder & CEO @ YouNow
PredictionDidn’t hold up
Sideman: Props ecosystem will fully decentralize within 2.5 years
“Yeah, so there is a timeline, and we map it out in the white paper, and it's over the next two and a half years.”
Adi SidemanOct 27, 2017▶ 18:4920VC: Why Decentralisation is Key For Digital Media Distribution, Why Gradual Decentralisation Is The Most Practical Approach and Why Incumbents Are The Biggest Barrier To The Rise of Crypto with Adi Sideman, Founder & CEO @ YouNow
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