Netflix’s ‘Home of Streams’ to Award 1 Bitcoin to Successful Streamer

Netflix’s newest actuality enterprise, Home of Streams, is about to debut on June 18 within the UK and Eire, providing a novel prize, 1 Bitcoin, to the successful contestant.

The show will feature eight on-line streamers with a mixed following of 4 million.

In accordance with the official web site, the contributors, a lot of whom are well-known on Twitch, will compete in a collection of challenges for an opportunity to take house the Bitcoin, valued at over $104,000 at press time.

Why Did Netflix’s New Collection Select Bitcoin Over Money?

Whereas the manufacturing is backed by the Malta Movie Fee, it stays unclear why the collection opted for a crypto prize over conventional rewards.

Creator Mark Holland reportedly stated the prize “couldn’t have been a easy money prize or a visit to the Maldives,” hinting at an intent to push boundaries.

The present’s producers have additionally cautioned in opposition to scams. An announcement launched on Might 22 clarified, “We assist Bitcoin and no different memecoin,” after stories emerged of people making an attempt to launch fraudulent tokens underneath the present’s title.

Netflix is not any stranger to crypto-themed content material.

The streaming large previously released Belief No One: The Hunt for the Crypto King, masking the QuadrigaCX collapse, and just lately greenlit The Altruists, a collection specializing in the lives of ex-FTX CEO Sam Bankman-Fried and former Alameda Analysis head Caroline Ellison.

Up to now, the contestants — who embody streamers corresponding to The Black Hokage, CyborgAngel, and OutplayedByJade — have but to remark publicly on their participation.

Netflix’s Crypto Present Launches as Safety Dangers for Holders Rise

The present comes amid rising issues over the dangers confronted by crypto holders.

In Might 2024, the daddy of a crypto entrepreneur was rescued from captivity after French police stormed a suburban Paris location.

The suspects had severed one of the victim’s fingers, echoing earlier high-profile assaults involving bodily mutilation and digital wallets.

Final month, Pierre Noizat, founder and CEO of French crypto trade Paymium, noticed his family focused.

A bunch of masked men attempted to abduct Noizat’s daughter and grandson in broad daylight. The assault was foiled when the victims and a bystander managed to combat off the attackers.

Extra just lately, three youngsters were accused of kidnapping a person at gunpoint after he returned from internet hosting a crypto-related occasion in downtown Las Vegas.

After returning to his condo, the sufferer was ambushed at gunpoint by three youngsters from Florida.

The assailants compelled him into their car, coated his head with a towel, and warned him not to take a look at them. They drove him over 70 miles to a distant desert close to White Hills, Arizona.

These incidents have intensified requires higher safety for these tied to the crypto world, significantly as rising asset values make high-profile figures extra enticing targets.

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