FAQs
This section addresses common questions about LiveSphere, helping broadcasters and viewers get started and understand the platform.
For Broadcasters
Q: How do I start broadcasting on LiveSphere? A: Register on the platform and complete the KYC process. Once approved, your wallet will be created automatically, and you can set up your broadcaster token before starting your live stream.
Q: What is a broadcaster token, and why do I need one? A: A broadcaster token represents your brand and enables you to build a community-driven economy. It allows your viewers to invest in you and participate in your growth.
Q: Can I earn money without selling my broadcaster token? A: Yes! You earn LiveSphere Tokens directly through tips from viewers during your live streams, allowing you to preserve and grow the value of your broadcaster token.
Q: How do I create my own token? A: After registration, use LiveSphere’s token creation tool to customize your token’s name, supply, and other parameters. The process is simple and guided.
Q: What happens if I violate platform rules? A: Violations of LiveSphere’s content guidelines can result in a ban or removal, as determined by the governance process.
For Viewers
Q: How do I participate as a viewer? A: Register on the platform, connect a wallet (or create one), and buy LS Tokens to start tipping broadcasters, joining token-gated chats, or investing in broadcaster tokens.
Q: Do I need LS Tokens to watch a stream? A: Watching streams is free, but to interact (e.g., tipping, chatting, or buying broadcaster tokens), you’ll need LS Tokens.
Q: What are broadcaster tokens? A: Broadcaster tokens are unique to each creator and represent their community economy. You can buy, sell, or hold these tokens to show support or participate in the broadcaster’s success.
Q: Can I trade broadcaster tokens? A: Yes, you can trade broadcaster tokens on the integrated marketplace available on each broadcaster’s page.
Q: Are there rewards for holding LS Tokens? A: Absolutely! You can stake LS Tokens to earn rewards and participate in governance.
For Everyone
Q: Is LiveSphere secure? A: Yes, all transactions and wallet interactions are secured by blockchain technology and audited smart contracts. Broadcasters must also pass KYC verification.
Q: How does governance work? A: LS Token holders can vote on proposals, such as approving broadcasters, adjusting fees, or suggesting new features. Your voting power is proportional to the number of staked tokens you hold.
Q: What happens if I lose my wallet credentials? A: Since wallets are decentralized, LiveSphere cannot recover your credentials. Ensure you back up your wallet information securely.
Q: When will NFT features and the marketplace launch? A: These features are part of LiveSphere’s future roadmap and will be introduced in later phases based on community governance and platform growth.
Q: Can broadcasters collaborate? A: Yes, collaborative streams will be available as part of LiveSphere’s roadmap, allowing broadcasters to combine audiences and token economies.
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