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Vancouver, BC, May 3, 2022 /PRNewswire/ — USA News Group – The economy for streamers on some of the world’s most popular video streaming platforms continues to evolve, in everything from ads, lucrative influencer deals, as well as tips, paid subscribers and one-on-one VIP access from audience members. Among the top sources where popular streamers are deriving their revenues are more well-known streaming platforms such as Twitch from Amazon.com, Inc. (NASDAQ:AMZN), YouTube from Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL), Facebook from Meta Platforms, Inc. (NASDAQ:FB), as well as using StreamLabs from Logitech International S.A. (NASDAQ:LOGI). However, another platform that’s steadily grown through its video streaming as well as its strong position in cryptocurrency are the newly newly launched DogeChat and DoggeChat apps from Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF).
Beyond its already well-used Chinese market, Hello Pal International Inc. (CSE:HP) (OTCQB:HLLPF) has been rapidly growing its live-streaming, language learning and social-crypto platform, and reaching new milestones for overseas livestreaming—including gaining over 50,000 live streamers in United Arab Emirates, Saudi Arabia, Egypt and Bahrain.
“Our marketing and technical team made incredible gains in expanding our user base in the Middle East during the last year,” said KL Wong, Chairman and CEO of Hello Pal. “Livestreaming activity has exceeded our expectations in outside China as certain key metrics represent nearly two-thirds of activity. Our focus will now shift to expanding in the same way in other parts of Southeast Asia, other Middle Eastern countries, and India.”
Although Hello Pal cut its teeth with strong support within the Chinese market, on-boarding outside has been extremely successful, with 2000-2500 hours of livestreaming time per day versus Chinese livestreaming of 1000-1200 hours per day. Within the business model is gift giving, of which there are 1200 gift givers per day from the Middle Eastern market versus China’s daily gift givers of 700 per day.
It’s projected that these livestreaming operations will grow even more upon the successful launch of DoggeChat and DogeChat. These 1-on-1 video chat apps will expand Hello Pal’s international platform thereby increasing the exposure of livestreaming into new regions.
Hello Pal’s newly launched DogeChat and DoggeChat apps are set to allow users to match and/or video chat with other individual users from across the globe. When a connection is made, 1-on-1 video calls will generate revenues on a per-minute basis, paid for by the call’s initiator to the call’s receiver—now with the option to pay in crypto, which Hello Pal also is in the business of mining.
“We expect these apps to be very synergistic to our current livestreaming and crypto-mining operations,” said KL Wong, Founder and Chairman of Hello Pal. “They will not only bring into our existing ecosystem new users from different markets, but also allow us to start implementing our goal to make the use of cryptocurrency more widespread in the world, starting with our users.”
This means that livestreamers can not only grow their audiences, but also cultivate revenue from giving 1-on-1 VIP experiences to those willing to pay.
It’s here where Hello Pal truly sets itself apart from the giants such as Twitch, YouTube, and FaceBook through the integration of cryptocurrency payments.
Where DoggeChat is set to launch first with payments made in fiat currencies through Apple Pay and Google Pay, DogeChat payments …
Full story available on Benzinga.com