Kavarii, the world's first fully distributed, on-chain, video streaming network, is entering Beta on
Elrond Network mainnet on the 31st of October.
Kavarii is built on the principle of placing the value back in the hands of the creators and
facilitates this by offering actual ownership of your content, community governance and
immediately accessible monetization opportunities for creators.
From the 31st of October, the era of immutability begins. All content that is minted on Kavarii will
be stored on the blockchain as an NFT, meaning that even if the content is removed from the
Kavarii platform, it cannot be deleted from existence. The importance of this is becoming ever
clearer daily.
Beta is an opportunity for early adopters and supporters to use and test the platform. Since Kavarii is a content-driven platform, building on Devnet is cumbersome because the switch to mainnet would mean all previously uploaded content would disappear. Creating great content takes a lot of effort to produce and users spend so much time watching and engaging that it didn't seem fair to the community to have to start from scratch.
Features will be rolled out in phases, starting with the most critical. Beta will be a period of iteration and improvement, ultimately leading to the full launch of the Kavarii platform in 2023.
To participate in Beta fully, you must hold an NFT from one of the below collections in your
Wallet:
If you don’t own any of those collections, you will only be able to view the content on the Platform. You will not be able to post, engage, or access any other feature within Beta.
As a reward for your early support and willingness to battle test the platform, there will be
Kavariian staking rewards that will last throughout Beta. Your $KVRI rewards will be multiplied with each additional Kavariian that is staked. $KVRI is earned through engagement with the platform, the more creators post and the more users engage the more KVRI tokens will be earned through the multiplier.
There will be a maximum of 4 Kavariians that can be staked at a time.
1. Content creators will get a multiplier for every like and subscription he/she gets from other users up to 5x.
2. Users who aren't creators will be able to earn based on the amount of engagement they perform. Rewards will be calculated based on likes, subs, and tips. The more Kavariians you have the more rewards users can claim.
The first phase of Beta will see the most important features rolled out with priority.
If the features rolled out in phase 1 of the Kavarii Beta weren’t enough, here is a list of what we
have planned as we aim to build the world’s leading decentralized video-sharing platform.
By no means are these all the features we will develop. We will be continuously building and looking for innovative ways to increase functionality and usability.
Mint a Kavariian for 1 $EGLD here for early access to this revolutionary platform along with
multiplied rewards and free lifelong uploads.