Dlive, a self-proclaimed decentralized video streaming platform, has announced that they will be moving away from the Steem blockchain and instead launch their project on the new Lino chain.
They cite that reward distribution is currently handled unfairly on Steem, causing them to opt for going with Lino instead.
They are currently offering existing Dlive members 100 Lino points, if they claim their Lino blockchain account.
https://steemit.com/dlive/@wa7/dlive-is-joining-the-lino-blockchain-moving-away-from-steemQuite a bit of drama has ensued after this announcement was made, people are accusing Dlive of 'milking' Steemit out of funds (through delegations).
This top comment by Steemit user
@meno accurately displays how a large part of the Steemit community feels about this.
Of course this is all speculation, but I so happen to see a pattern here that is hard for me to ignore, very hard.
When @dlive first started they built a functioning platform without making any noise. If I remember correctly, all of the sudden, out of the blue a new platform was announced, the post went to trending and everyone lost their mind.
Without a doubt the idea of live streaming is appealing to the masses, and the success of twitch is enough to say that's not an opinion anymore. However, one would think that embarking on a project of this magnitude with the attitude of a gamble, would be done only by those who favor casinos.
I also know that @dlive is pretty much centralized, meaning that their video storage is on their servers, and that the blockchain of STEEM itself only served as a way to "point" if you will, to their links. Further prove can be observed simply by the fact that when the blockchain was halted, dlive continued to work without a glitch.
No blockchain, but yes dlive?
So I can conclude simply by using basic logic that this was designed like this intentionally. A dapp that relied on the blockchain but in the most minimal way possible, implementing more and more layers on top that were completely independent from the core blockchain.
Today we discover that @wa7 is also part of the Lino team. Meaning that this new "amazing" blockchain is at least partially his project. To me, this spells red flags in ways that I don't need to describe, not really.
My speculation
This was the plan all along. "milk" the STEEM ecosystem for funds, for months and months to circumvent regulations regarding ICOS and the pain of even running one too.
Taking a gamble on the fact that STEEMIT INC delegates to DAPPS, somebody astute yet quite machiavellic decided to "finance" and I'm using that word generously, their blockchain project on the backs of STEEM investors.
It's not overreaching to say that is quite shady, and as a member of this community, as an investor (yes, i've bought tokens), I'm very upset.
I was beginning to think the new logo contest, and even the selection of this new logo was kind of pointless. But now, seeing this even come forth, it all makes perfect sense. The idea is to detach the brand from steem thus it required a new logo. Coincidentally the new logo has a color scheme that goes well with the branding of this new blockchain. I find that to be fascinating.
Of course, at this point there is little to nothing I can do. But I did not want the @dlive team to walk away thinking they played everyone like a violin. To me, the sequence of events, the escape goating of this post onto whales, when you guys were a free whale yourself, says everything I need to know.
I hope however, that more and more steemians see through this facade and don't find you guys as the "innocent developers that the whales drove away" - Because if that is your statement, then I will have no choice but to label you as dishonest.
Farewell...
I'm just wondering how streamers will earn anything now. There is no functional reward system in place on Lino, their coin isn't traded on any exchange, so any rewards are worthless.
Streamers on Steem-based Dlive were at least making money.
