Why Neflix is Gradually loosing it and Web3 is the future
It is a well-known fact that the way consumers are interested in a particular field changes with time'We observed how consumers gradually shifted away from Television and Video Decks services and shifted their interest in streaming on internet platforms. Quencequently the establishment of Netflix, Amazon, etc became the exact location for streaming movies, music, and films.
Because Netflix was the first to experience widespread adoption, other businesses could see that web2 streaming was the future. The same reasoning can be used now to predict the demise of web2 streaming platforms and the emergence of more advanced and modern technology.
Although 2021 was Netflix's most successful year, a lot has changed since then. Not just Netflix is suffering from the effects of this shift in consumer behavior toward web2 streaming platforms. The price of Netflix stock fell by 58.92% in the past year alone due to unfavorable quarterly reports and a steady decline in the number of active subscribers to their service. Investors, clients, and even Netflix itself are aware of the declining interest among consumers in this kind of streaming service.
Why then do customers stop buying?
Consumers become tired of too many platforms that do the same functions, multiple subscriptions become expensive, information is controlled, and the biggest issue is that customers receive nothing at all from these businesses.
The Prospects for Streaming
Earny is the streaming of the future. TV. They are aware that what people really desire is entertainment, convenience, and—most importantly—rewards. Netflix generated close to $30 billion in revenue in 2021, yet its users received no benefits. That issue is resolved by Earny. TV. Earny is the streaming of the future. TV. They are aware that what people really desire is entertainment, convenience, and—most importantly—rewards. Netflix generated close to $30 billion in revenue in 2021, yet its users received no benefits. That issue is resolved by Earny. TV. Earny tv provide users with tokens or rewards through blochain as users stream using the web3 wallet they receive rewards in the form of tokens that can be traded and be converted into the local currency.