Replies to post #8143 on Livechain Inc (LICH)

[alstocks]

People, relax, if you read the article...

they are talking about a different company....

read the preceding paragraph, then read the following

paragraph..... some other huge company that was listed

on some exchange....

breathe people.... livedao is a brand new company

that just starting signing subscribers in MAY OF

THIS YEAR.... and they will go 'LIVE' later this

year.... (as they HAVE TOLD US)

just the facts....

[Cache]

By all means, though, if someone else knows someone else who can translate Chinese, please ask them as well. Who knows how busy people’s lives are and if/when he can answer.

[floridany]

Hi, Cache: That article was originally written by a Shenzheng-based blockchain consulting and marketing company BlockArk (https://blockark.io).

This article gives extra information which is not available on company website and previous articles. So I don't think this is simply a cover article. It is possible that BlockArk provides consulting and marketing services for LiveChain.

The first graph was took from Douyu.com (NASDAQ DOYU)'s 2018 financial report of its IPO document. It shows DOYU's 2018 revenue comes from two sources: $457.7 millions from live broadcasting, and $73.8 millions from advertisement. Total revenue is $531.5 millions.

The next table shows the costs in 2018: Profit distribution and content fee: $405.8 millions, broadband cost: $80.8 millions, other 22.9 millions. total cost is $509.5 million. Profit is 531.5 - 509.5 = $22 millions.

The author uses these two tables to show: 1. general idea of live streaming company revenue, costs, and profit; 2. The broadband cost takes out big chunk of revenue, with LiveChain technology (P2P and 5G), the broadband cost will be reduced to 1/400.

So $531.5 million is not our revenue, but could be ours next year.

By the way, I don't have subscription so I couldn't reply to your PM.