About the coin

Joystream is a decentralized video platform and blockchain that leverages the native $JOY token. It offers a unique application called Atlas, which functions similarly to familiar video platforms but with the added benefits of blockchain technology. Users can upload videos, build subscriber bases, and sell videos as NFTs. The platform also allows for the creation of custom tokens for individual channels, enabling investment opportunities for followers.

Main features

The Joystream platform is designed to empower users through community-driven governance. It provides transparency and community involvement, offering a roadmap and governance handbook for users. Key metrics include the total number of videos uploaded, user engagement through comments and reactions, the number of channels created, and follower growth. However, recent data shows no significant activity or increase in these metrics over the past week.

How it works

Joystream operates on its own blockchain and DAO, focusing on a video platform protocol. The platform allows users to control their content and revenue streams. Token holders can earn a share of the revenue generated by content creators, gain early access to videos, and participate in various other features controlled by the creators. This decentralized approach aims to provide a more equitable and engaging experience for both creators and viewers.