Based Launches Hyperliquid-Powered Live Streaming Platform 'Based Streams'

Based Launches Hyperliquid-Powered Live Streaming Platform 'Based Streams'

The new platform combines livestreaming with on-chain trading activity, offering tokenized donations and community-driven experiences for creators and viewers.

HYPE

Summary

Hyperliquid has launched Based Streams, a livestreaming platform that integrates real-time video, viewer chat, and on-chain trading activity. The platform allows creators to earn tokenized donations via Hypercore, while viewers can earn 'Based Gold' by tuning in. Based Streams aims to bridge the gap between livestream content and decentralized finance (DeFi) monetization. The platform goes live at 12:30 UTC, with its first broadcast by @LH_0302.

Terms & Concepts
  • Hyperliquid: A blockchain-based technology designed to enable high-performance, low-latency applications, often used in decentralized trading or streaming platforms.
  • Hypercore: A decentralized protocol that facilitates high-speed transactions and interactions in the Hyperliquid ecosystem, enabling features like tokenized donations.
  • Based Gold: A tokenized reward system within the Based Streams platform, allowing viewers to earn rewards for engaging with livestream content.