Joystream Price(JOY)

At its core, Joystream is a decentralized video platform protocol built on a robust proof-of-stake blockchain tailored specifically for video content distribution. The platform allows creators to establish their own video distribution ecosystems, potentially integrating Non-Fungible Tokens (NFTs) to engage their audiences in innovative ways.

Powered by a Decentralized Autonomous Organization (DAO), Joystream fosters community governance, ensuring that its operations and developments remain aligned with the needs and desires of its users. The project is designed with a focus on content creators, videomakers, and artists, thereby prioritizing their input and feedback in shaping the platform’s evolution.

Joystream’s mission is to create an environment that encourages creators to thrive while offering consumers access to a wide array of quality video content. By utilizing cutting-edge blockchain technology, Joystream not only introduces a unique reward mechanism but also ensures the resilience of the platform against traditional challenges faced by content providers.