Crypto wallet provider RelayX has acquired video streaming platform Streamanity.com
Founded in April 2019, RelayX is a Bitcoin SV (BSV) powered superwallet that enables users to use the BSV blockchain with a non-custodial wallet that is connected to popular apps in the BSV ecosystem.
Streamanity is a video streaming platform, based on the BSV blockchain, that pays users in Bitcoin, per view.
Discussing the news Sumanth Neppalli and Shravan Shandilya, makers of Streamanity.com, said:
“We thank our investors and the BSV community for being supportive from the initial phase. Although, the concept worked well within the BSV community, we faced difficulty in gaining more users because of our inexperience in marketing.
“We, the co-founders also decided to part ways to pursue other endeavors. After meeting Jack at Cambrian, we decided he had the best vision on taking Streamanity forward. We wish him the best of luck and hope Streamanity continues on to become a huge success.”
While Founder of RelayX.io, Jack C. Liu, added:
“Streamanity is a pioneering video platform that is a significant brand within the BSV ecosystem and when the opportunity came to become stewards of the platform, we jumped on it.
“We thank the co-founders Sumanth and Shravan for their vision, dedication, and entrusting us with its future. We hope to make meaningful improvements to Streamanity for the betterment of its amazing class of content creators and viewers both current and future.”
AYO.NEWS says:
This is an interesting one. While the concept of content platforms that reward people for viewing is nothing new, and has always fallen victim to abuse (anyone remember Tsū?), by adding in blockchain tech, could Streamanity be on to a winner?
From the paltry following Streamanity.com has amassed so far, it’s clear RelayX.io has its work cut out, but who knows, could this be the start of something beautiful?
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