Joystream JOY

Joystream is an open-source platform with an open blockchain at its core. It powers multiple video streaming apps simultaneously, allowing creators to expand their audience without extra effort. It is managed by a DAO (Decentralized Autonomous Organization) and offers various ways for individuals to join and earn by contributing to the project.

Joystream is unique compared to other cryptocurrencies because it is not just a cryptocurrency, but also a platform for video streaming apps. It has an open blockchain at its core, allowing multiple apps to be built and operated on it. This means that videos uploaded via any app on Joystream can reach consumers of other apps on the network, expanding the audience for creators without extra effort. Additionally, the JOY token is the native crypto asset of the Joystream blockchain, used for platform governance, purchasing NFTs, trading creator tokens, and covering blockchain processing fees. Joystream is also working towards listing the JOY token on popular exchanges, enabling users to buy or sell JOYs for FIAT currencies like USD. Overall, Joystream combines the benefits of a cryptocurrency with a decentralized video streaming platform, providing unique opportunities for creators and consumers alike.