Livestream company Lightstream has acquired GameWisp technology in an effort to bolster its offerings for both streamers and the communities they comprise.
Lightstream made the announcement today, as it will take on GameWisp's former monetization platform which powered subscription services for streamer communities and offered exclusive content, benefits, and other kinds of interaction with streamers in return. Lightstream will use the same transaction and reward engine tech that GameWisp utilized to build out Lightstream Studio and work on new products later in the year.
“We have a tremendous amount of respect for team and technology behind GameWisp. Their products made it possible for thousands of streamers to effectively and creatively empower their viewers to support them,” said Stu Grubbs, CEO of Lightstream.
“While we won't be relaunching the GameWisp platform as it once was, we will be introducing some really creative implementations of GameWisp’s technology for streamers to effectively engage their audience and reward their communities. Making meaningful dollars from all your hard work doing what you love is something nearly every creator desires. We believe that “meaningful” is different for everyone and much like GameWisp we want to deliver something that empowers streamers at any stage of their journey and whatever their audience size.”
Lightstream will be mainly focused on making its main product, Lightstream Studio, better, using GameWisp's tech Arsenal.gg. It will allow Lightstream to offer streamers ways to engage with their communities, reward audiences for viewing there content, and monetize. Right now, Lightstream works across platforms like Twitch, Mixer, Facebook, YouTube, and more. With the new tech available to Lightstream, there's no doubt it will continue to expand and conquer, so we may be hearing a lot more from the company in the future.