New Decentralised Video Platform ‘Shibuya’ Set to Launch on Ethereum Next Month

Digital artist Pplpleasr has announced she is helping to launch a decentralised video platform called Shibuya.

Pplpleasr, aka Emily Yang, is the artist responsible for last year’s Fortune NFT cover as well as the decentralised art collection platform PleasrDAO, which to date has raised US$69 million to assist in the launch of the Shibuya platform, set for March 1.

A ‘Mix of Vimeo and Netflix’

According to Pplpleasr, the project will be a mix of Netflix, Vimeo and the crowdfunding platform Kickstarter, but with a decentralised twist. Shibuya will enable its users to directly influence the platform’s content through the use of NFTs and cryptos.

Speaking at the Ethereum-focused ETHDenver conference last week, Pplpleasr said: “Shibuya is a decentralised Hollywood, where cultures and ideas meet in one eclectic and inspiring place.”

The complete version of the New York-based artist’s YouTube interview can be viewed below:

The first piece of media Shibuya will launch is “White Rabbit”, which the artist has described as containing elements of anime, the British television drama Black Mirror, and Web3. A short preview of the piece can be seen in the video above.

For users to be able to view the episodes, they must mint NFTs on Shibuya that can be staked to cast a vote on the episode’s direction. Voters will thereafter be rewarded with a White Rabbit token, which also serves as fractionalised ownership of the web series. The project has not yet accepted any outside funding but is also working with popular Polish-born NFT artist Maciej Kuciara.

More Decentralised Projects Pop Up

Last week, Crypto News Australia reported that Aave had launched its “Lens Protocol” to power decentralised social media platforms. And in January, the decentralised blogging platform “Mirror” started offering its writers a way to monetise their articles.