https://www.nytimes.com/2023/06/16/business/twitch-kick-xqc.html
The deal signed by Félix Lengyel, known as xQc, matches traditional athletes’ contracts, and is another sign of Twitch’s tense relationship with its top streamers.
The rival platform is "Kick" in case anyone wants to not open the article but still wants to know which it is.
I mean it's probably easy when you get your money by fleecing your fan base with a crypto gambling scheme.
It's a new platform so they must be burning investor money to promote the platform by doing this. It's working. They just need to have a plan to earn it back.
They also earn a lot from Stake, their gambling platform. $100 million probably isn't that much for them.
Kick is run by gambling companies and online casinos. the initial reason for Kick even existing was that Twitch banned gambling streams
I watched about 30 seconds of this guy for a Rust twitch drop before muting it. How can anyone stand him?
It's the number that counts. All these kids subscribing for 5$ a month that their parents don't mind giving them (5$ is pocket change these days) add up to millions.
XQC is doing their first stream on Kick, and the site has been down more or less the whole time.
Apparently Twitch’s source code was leaked, and Kick is “loaning” some parts of that code.
i've heard that they literally pay twitch for this exact clone privilege, so i think they're in the clear
Like when Microsoft "bought" Ninja for their streaming platform Mixer that closed soon after? Good for them.
competition is good when a single company has practical monopoly on an industry (twitch, streaming), but Kick is an awfully unethical company founded by people looking to cash in on getting people addicted to gambling. out of the frying pan, and straight into the fire!