A Comparison of the Top Streaming Platforms: Which One is Right for You?
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For years, Twitch has controlled more than 3/4s of the live-streaming market share, making it the most popular streaming platform online. That being said, it isn’t always going to be the right fit for every up-and-coming content creator.
This post will cover five popular streaming platforms and briefly explain the pros and cons of each to help you determine where you might be able to build your own channel.
Twitch
Twitch is the most popular streaming platform online. This means two key things: there are more viewers on the platform than anywhere else, but you will also have more competition for those viewers than anywhere else.
While there is a growth curve when you begin streaming on Twitch, it also has a community that is passionate about the platform and returns day after day to enjoy new content. Once you have found a way to funnel viewers into your stream, you will likely be able to grow your own community of viewers as well as make friends with other Twitch streamers.
Twitch offers many monetization features, including subscriptions, bits (their platform currency) and ad revenue. To start earning on the platform, you will need to reach affiliate status.
Twitch is a great place to stream for ex-professional gamers, people who want to review/teach about new releases, and those who have pre-built communities that they can point toward the platform.
Discoverability is a major issue on Twitch, as there are thousands of streamers broadcasting at any given time, making it difficult for znew or smaller channels to be found. Without proper discoverability tools or features, many talented and deserving streamers may go unnoticed.
YouTube
If you are passionate about all aspects of content creation, you may prefer to stream on YouTube Gaming. The platform offers many different ways to grow the same channel that isn’t entirely dependent on live streaming.
When using VSEO tools, such as TubeBuddy, you will be able to search for keywords related to your content and create traditional YouTube videos that will show up in search. These could include “how to” videos for different aspects of your favorite game, reviews, or game comparisons.
As people start viewing this content (and sub to your channel), you will grow potential new viewers for your stream as those will show up on their main page when they sign in to YouTube. The platform is also very good about promoting content to potential audiences.
You can do a similar play with YouTube shorts to find your audience as well. Show fun clips of your stream or crack jokes that will appeal to the people you want watching your stream
Some of the major issues with streaming on YouTube include a lack of discoverability and audience engagement compared to other platforms like Twitch. YouTube's algorithm tends to prioritize pre-recorded videos over live streams, making it harder for live content creators to gain visibility.
Facebook Gaming
Facebook Gaming is a popular choice for console streamers and those who want a little extra help finding people to watch their streaming. It is fairly easy to start streaming on Facebook and, like YouTube and Twitch, they provide in-built ways to monetize the channel through subscriptions and donations.
One of the biggest benefits of streaming on Facebook Gaming is that you can post your stream on different pages or have your viewers share your stream on their personal profiles. This allows you to potentially reach a large audience very quickly and potentially gain loyal viewers to your stream.
That being said, many people still see Facebook as a social media site and most don’t visit it to watch live-streaming, making it one of the lower options for market share. Due to fewer streamers, this can work in your favor as you will have less competition.
Facebook's gaming community is still relatively small, making it harder for new or smaller streamers to grow their audience. Additionally, Facebook's streaming features and tools are not as advanced or intuitive as those on other platforms, which can make it challenging for content creators to produce high-quality streams.
TikTok
While TikTok is known for its short-form content and dancing, there are many people learning to live stream on TikTok. Most people go live to chat to their viewers or to talk about their favorite brands. While there are fewer people streaming games, you will find the occasional mobile streamer on the site as well.
Unlike other streaming sites, you will need to have 1000 followers to unlock the capability of going live and being 16 years of age. When you do, you will be able to monetize your channel by accepting donations or working with sponsors and affiliate programs.
As with other sites, you will want to stay relevant to your target audience and keep your stream as high-quality as possible. The good news is that you will be able to grow your TikTok account by posting short-form content just as you would with YouTube shorts.
Dlive
Fans of the blockchain will be thrilled to know that they can go live with Dlive and potentially earn cryptocurrency. The site boasts its own currency, Lino points (a single unit is called a Lemon). Viewers are able to purchase Lino from the site and donate up to 10,000 at a time to the streamer of their choice. Viewers are also able to subscribe to their favorite channels for 298 Lemons.
Another interesting aspect of the site is that when Lino is given to a streamer, the creator will earn 90.1% of the proceeds while the other 9.9% is used to award viewers. This means whether you are a viewer or a streamer, you could potentially earn while you are on the site. In fact, most viewers typically earn between $1-2 worth of Lino while on the site.
As with other cryptocurrencies, you are able to stake your Lino on the site, allowing you earn “interest” on it over time. This is a good option for streamers who want to go live as a hobby and don’t necessarily need the payout right away. As with other platforms, streamers are also able to earn through sponsors and affiliate marketing.
Conclusion
Streaming platforms are more diverse than ever before, each with its own unique features and benefits. Twitch stands out as the most popular platform for streaming games, but YouTube provides a wide range of content creation tools that may be better suited to certain needs. Meanwhile, console gamers can rely on Facebook Gaming, while TikTok takes an innovative route by allowing creators to adopt short-form videos along with occasional gaming streams. Lastly, Dlive offers viewers and streamers opportunities to earn money through blockchain technology integration into its services. Ultimately, choosing the right platform for your streaming goals will depend on your content, target audience, and preferred monetization model.
Learn More:
5 Things Beginners Should Know Before Starting as a Streamer
How to Start Streaming on Twitch (PC Guide)
Building the Mainstream Streaming PC: Tips and Tricks for a Top-Tier Setup
5 Things Beginners Should Know Before Starting as a Streamer
How to Start Streaming on Twitch (PC Guide)
Building the Mainstream Streaming PC: Tips and Tricks for a Top-Tier Setup
Chris Grayson is the founder of streamscheme.com, a website devoted to helping content creators build successful online businesses.
He has a content and influencer coaching background, and he uses this knowledge to design actionable advice for new and intermediate streamers.