Confident in innovative monetization, Odysee claims it doesn't need ads to sustain itself.

Odysee, the blockchain-based video-sharing service, has announced that it will remove all advertisements from its platform effective immediately.

The company expressed confidence in its innovative monetization programs, which are designed to support creators financially while maintaining the platform’s operational costs. “We don’t need ads to make money as a platform,” the announcement read, highlighting their commitment to creating a more open and creatively free environment.

Odysee’s move comes at a time when many media platforms increasingly rely on advertising revenue, which can lead to conflicts of interest and potential demonetization from pro-censorship activists.

By eliminating ads, Odysee aims to set a new standard for platform independence and user-centric service.

The announcement also pointed to the aggressive advertising tactics employed by platforms like YouTube and others, which Odysee believes detracts from the user experience. “Our approach may be considered niche or unconventional,” Odysee CEO Julian Chandra stated, emphasizing that their model aims to be sustainable financially and uphold an incorruptible user experience.

This strategic pivot is expected to resonate well with Odysee’s user base, who have expressed displeasure with intrusive ads on other platforms. Odysee’s leadership believes that this ad-free model will not only benefit users but also ensure the platform’s sustainability and integrity in the long run.

  • bigboismith@lemmy.world
    14·
    3 months ago

    Man I’m torn on Odysee. On one hand it’s a good and intuitive YouTube alternative, but the cryptoshilling and the uh… interesting crowd that “free speech” platforms always get.

    However if more people moved there I assume this special crowd will quickly be outnumbered and made irrelevant

      • bigboismith@lemmy.world
        2·
        3 months ago

        I would recommend creating an account and see how many youtuber you watch are on there. Many upload to both.

        However daily driving might be tough.

  • overflowingmemory@links.hackliberty.orgEnglish
    2·
    3 months ago

    Why do I prefer the Odysee Video Platform over YouTube? Some technical reasons:

    • native, user friendly RSS support: you can subscribe to channels using an RSS Button on their channel home page, you get a link like this that you can paste in your RSS reader. RSS feed items contain a playable Video on my feed reader, which means I do not need to visit the odysee.com website to watch my subscriptions, and I do not even need an account.
      • upload dates, and watchable Video are very well displayed in my RSS feed reader compared to YouTube feed items, which are a mess of header image and description
      • here is a tutorial how to get rss feeds from Odysee, yt, etc.
    • native, user friendly support for downloading video with a download button under the video (an elipsis button)
    • it is not the youtube monopoly
    • until now: no ads. Peer-tube is also a cool alternative… Some popular youtubers like Distrotube and others tech-youtubers have already an Odysee account.