this post was submitted on 30 Jun 2023
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I would love for a youtube alternative to take off, but there is definitely more challenges to that than creating a reddit alternative.
The reason you go to youtube is to watch videos by your favorite creators, which are on the platform in the first places because they are getting payed. And there in lies the problem of a decentralized video platform. There is no central way of monetizing creations, hence alternate ways of monetization such as patronizing and sponsorships would be a must. But then even after all that, there actually has to be an audience to make it worth the creator's while. There's no creators cause there's no audience, and there is no audience cause there are no creators.
Secondly, as it stands now, most youtube alternatives have bad reputations. It's either youtube but shittier, youtube but right wing conspiracies, or youtube but all scams and all crypto. A lot of creators don't go off youtube unless they have to, which usually means they got banned. Hence they will go to a platform that will tolerate their behavior, or that is completely unregulated.
We may see a youtube alternative take off, but I think we might sooner see a decentralized Tik Tok or Vine gain traction faster due to the lower barrier of entry of those platforms. Long form videos can cost money to produce which weeds out most hobbyists, but any teenager with a phone can make a tik tok.