Umer pitches Myco, a Web3 streaming platform that pays viewers 35% of ad revenue. Users average 33 minutes per session versus 9 minutes on traditional platforms, with 13 million users across 190 countries and over 20 million in rewards paid out.
Chapters
So I'm Umer. I'm the founder of Myco. Myco is the world's fastest-growing Web3 video streaming platform today. As a consumer of content, I've always felt unfair. You know, I felt that it is unfair that as a consumer, every content creator, every publisher, every platform is making money against my consumption, whereas I'm just a commodity and I need to be vested as a consumer of content. This is exactly what Myco is trying to resolve because we have a vision of bringing true power to the viewers of content. At an economic level, we do this by creating 35% of our advertising revenues. They are reattributed as consumption rewards to the users on the platform. Our average engagement time per session on the platform is 33 minutes. When you compare this to a Web2 streaming platform, they're standing at 9 minutes with the same content. Today we have around 13 million users from 190+ countries. Just in the past 3 months, we've delivered a billion+ impressions on the content that we delivered. We have paid out 20 million+ micropayment rewards to users for consumption.