Decentralized YouTube alternative Odysee acquired by Forward Research despite content concerns | Headlines | News | CoinMarketCap

06/06/2024 22:44
Decentralized YouTube alternative Odysee acquired by Forward Research despite content concerns | Headlines | News | CoinMarketCap

Forward Research, the driving force behind the decentralized data storage platform Arweave, has acquired YouTube alternative Odysee, a video-sharing …

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Published on June 06, 2024 15:25 GMT+00:00edited on June 06, 2024 15:31 GMT+00:00

Forward Research, the driving force behind the decentralized data storage platform Arweave, has acquired YouTube alternative Odysee, a video-sharing site that has been scrutinized for a lack of content moderation.

Forward Research's team views the decentralized Odysee as both a testament to free speech and one of the strongest examples of a robust, blockchain-powered social media site.

"Odyssee is a web3 video sharing platform known for anti-censorship with over 7 million monthly active users, more than 20x more users than Farcaster," the company said in a statement.

Last year, the Southern Poverty Law Center (SPLC) published a scathing report that classified Odysee as a threat. "Odysee has little to no content moderation and provides a steady income stream for hate groups and …

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