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What Is BigoLive?
BigoLive is a live video streaming app available on both iOS and Android, but it was developed by a Chinese company called JOYY Inc. and owned by a Singapore-based Bigo Technology, which brought Bigo to life as an extension of its popular JOYY live video chat service. The name “Bigo” comes from their philosophy that every person has something big to offer the world.
In case you're not familiar with what “live streaming” is, here's some background: Video platforms like YouTube allow people to upload videos that are saved in the cloud and can be accessed anytime from anywhere. Live streaming is different because the content is uploaded in real time and cannot be replayed or saved once it ends. Users watch live streams as they happen, typically participating in them by commenting or asking questions through text messages that appear on screen. Live streamers use cameras, microphones, and apps like BigoLive (or Twitch or Periscope) to interact with their viewers in real time.
Overview Of BigoLive Business Model
Bigo Live is a live streaming platform where you can interact with people in real-time. On the app, you can stream yourself playing PUBG, or doing yoga, or singing, and so on. You can also watch other streamers and comment on their streams.
The app has over 300 million registered users and hosts about 1 million streamers globally.
The Business & Revenue Model
BigoLive is a freemium platform, meaning most of its features are free to use but users must pay to access additional content and services. The app makes money primarily through in-app purchases for its virtual currency called Beans. Beans can be earned by completing tasks or simply buying them from the company. Users then send these Beans as gifts to their favorite streamers. This gives both fans and streamers an incentive to grow their fan base since they stand to earn more.
The company also offers premium live streaming services like broadcasting products and training seminars, charging companies per hour of service or seat in a webinar, respectively.
How BigoLive Works?
The first thing you need to understand is how BigoLive works. It is a live streaming platform where users can broadcast themselves doing any number of activities or just a plain hangout. The majority of the content created on the app are people simply hanging out with their friends, the rest of the content consists of people broadcasting themselves playing games, dancing, singing and other activities. People from all parts of the world watch and comment on these streams in real-time and they in turn use tokens to send gifts to their favorite streamers as a form of appreciation.
There are five different types of gifts: Stickers (worth 1), Virtual Gifts (worth 2-10), Diamonds (worth 11-50), Tokens (worth 51+) and Strings(Free). These strings are used by the company to create interesting interactions between broadcasters and viewers.
The platform takes a percentage of the revenue that is generated by the streamers in exchange for hosting them on their platform. This revenue comes from selling diamonds to users who want to interact with broadcasters through giving them diamonds. Seeing as each gift has its own price tag this makes it easy for someone watching a broadcast to decide which gift they want to send someone as well as what price they’re willing to pay for it.
Read Benefits of PERISCOPE CLONE SCRIPT FOR ALL INDUSTRIES – BSETEC
There are many different platforms, each with their own unique features and user-bases. For example, some platforms are considered more general-purpose, while others are more geared toward gamers.
StreamBiz is one of the top players in the space, with a focus on simplicity and affordability. It allows you to broadcast video in real-time over the internet. Their platform is easy to use and has all of the features you need to start streaming right away.
A live streaming platform like StreamBiz is a service that allows you to stream live video through the internet.
The benefits of a Bigo Live Clone- StreamBiz include:
- Gaining a wider audience
- Interaction with your viewers in real time
- Providing an authentic experience for viewers
Other advanced features that BigoLive Clone App- StreamBiz are:
Live streaming /Videos: Users can stream live videos in just a few seconds with Bigo Live Clone, and upload videos and other content to stay connected with their audience.
Live Chat: Bigo Live Clone allows users to create live chats with those they wish to watch and chat with, as well as view contacts and start conversations with them.
Follow or Unfollow: In the app, users will be able to track and remove followers of those they wish to track, as well as view the profiles of those who follow them and their followers. You can easily follow a member's broadcasts or track their followers.
Security: With Bigo Live clone, users can freely stream live videos as well as use other features without any issues.
Advanced Search Feature: Through this feature of the Bigo clone, you can reach millions of users in the live streaming area and allow them to watch their live streaming videos easily by searching their username.
Know More:Become A Successful Entrepreneur With A Video Streaming Platform Like BigoLive clone
With our Bigo clone script, you can customize each feature & functionality, and we offer a simple, easy & seamless user experience, with all of our operations happening in real-time, with no delays. Get StreamBiz today, download free from the App store and the Play store.
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