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May 21, 2018
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Press Releases
  Play2Live, A Blockchain-based Streaming Platform for Gamers and eSports Fans, Secured $7M in Private Investment Deals and Launched 24/7 Live Rebroadcasts of eSports Events
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01/23/2018
 


[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource GamesPress.]

Play2Live (P2L), eSports streaming platform operating on BitShares 2.0 blockchain basis, has secured a total of 7M USD during a private pre-sale, which is still underway. The company continues expansion with the launch of 24/7 live rebroadcasts on six languages, including: English, Korean, Japanese, Spanish, Russian and Chinese.

‘We have launched rebroadcasts of the tournaments on the existing version of the platform, while major tech updates are to follow. We thought that gamers and P2L project supporters would marvel at the opportunity to watch the recorded streams of the widely-enjoyed event such as Dota2 The International. We are determined to further development of the functionality of the platform. The forthcoming update is scheduled on the start of token sale event on February 12th. In the nearest future, we expect to launch user streaming on our MVP and introduce several additional features’, comments Alexey Burdyko, CEO and Founder at Play2Live.

While the blockchain industry is booming with gaming projects, Play2Live aims to create a unique economy of the streaming platform based on the revenue sharing model. P2L offers streamers and viewers an opportunity to better interact and monetize their content. Streamers will be able to monetize their content in 11 ways versus 4-5 available on the existing streaming platforms. They can earn money from a very first stream, regardless their audience size and withdraw money instantly. The platform offers top-notch mechanisms for streamers to boost their audience via a system of interactive tasks during the streams, betting service, enhanced chat communication and other engaging activities!

Within P2L viewers can benefit in 5 ways – compared to zero elsewhere in streaming industry. They can earn income by watching adverts (the platform is ads-free by default), performing streamers tasks, voting for content, and sharing their internet bandwidth via peer-to-peer CDN. Viewers can place bets without leaving the P2L and can purchase games with LUC tokens received through the various activities within the platform. Ultimately, P2L has 15 sources of revenue, which is three times more compared to the streaming industry leaders.

Founded in 2017, Play2Live is aimed to merge a blockchain technology and streaming services. Its mission is to create an ecosystem where every participant, including the viewer, the streamer and the eSports tournament organizer is a part of a seamless system that favors interaction and offers diversity of monetization schemes. Play2Live uses a token called Level Up Coin (LUC) which acts as a sole internal currency within the system. It can be easily converted to other cryptocurrencies or to fiat money through a gateway/API.

The public pre-sale for the LUC token starts on January, 25th, and goes until February, 5th. The token sale event begins on February, 12th and ends on March, 5th. For more information visit the site or follow us on various cryptocurrency-oriented media sources.

More about Play2Live:

Website: https://play2live.io

MVP of the streaming platform: https://p2l.tv/

Twitter: https://twitter.com/play_2_live

Facebook: https://www.facebook.com/play2live.io/