That's a lot of money for servers?
https://HiveStreams.Live ( @hivestreams ) can or will be doing most of these things, but we won't be storing bulk video, that's what costs a fortune. There are places to dump people's 7 hour long minecraft lets-play videos that no one will ever watch again anyway for free already, like youtube. With HiveStreams.Live, we'll focus on providing a streaming and show chat hub, and let the folks with recordable, reusable stream content edit it post-show and put it wherever they want after that. I think that will save the platform a ton of cash otherwise needlessly spent housing old video nobody is loading up, or worse, streaming those 7 hour replays while they fall asleep to them and leave them sucking bandwidth and storage costs up for no solid reason. That is why HiveStreams.live just focuses on streaming and blockchain transaction and posting integration, not storing replays and VoDs, only short channel trailers and intro clips to market the streaming channels with, limiting users to only a few short prerecorded clips, but the throttle is wide open for live streaming and transacting on the chain for tips, channel subscriptions (like Patreon sort of) and sponsors and curation of stream posts and all that stuff.
Best of luck with your proposals and Amazon bills though, that sucks. We used to pay for Royalties for commercial music when I built and established MSP Waves 7 years ago and those costs alone were astronomical. This time around, the content creators can cover their own commercial music licensing with the modern available 3rd party song licensing services or royalty free libraries, or better still, live Hive musicians on streams! We're more "TV" that have you have to watch on time, or catch a rerun on an affiliate, than a one stop YouTube.
I think from experience, keeping those costs lower will serve you well longer term, and allow you to serve the community well, longer term as well.
Anyway, good luck with your next chapter for Vimm and stuff!
See you in the streams!
Thank you for your insights and support!
The budget requested for servers isn't as high as it may seem, considering we plan to deploy ingest nodes in multiple regions to ensure a smooth streaming experience for users worldwide. As for storing videos, we've never had an issue because our videos expire after a set period unless the user pays for premium, which more than covers the cost of hosting and delivering the videos.
Additionally, because we'll be integrating Twitch channels, videos from these channels are all hosted by Twitch and won't cost us anything. We're simply embedding replays from these channels into our front end.
I also want to clarify that we're not in debt with Amazon anymore. That situation was resolved months after it severely impacted our AWS account.
I've funded and ran VIMM myself for six years, so I'm well aware of the costs involved and how to optimize them to keep expenses low while still offering the features that streamers want, like low latency streams and replays. We've learned a lot from our past experiences and are confident in our ability to manage these costs effectively.
Best of luck with HiveStreams.Live! It's great to see more platforms supporting the streaming community.
See you in the streams!
I envision a world where we can be everyday in our cozy wozy jams jams, not just Fridays
