Key Takeaways:
- Netflix’s new actuality present Home of Streams will award 1 Bitcoin to the profitable streamer.
- The sequence goals to push inventive boundaries by providing a crypto prize as a substitute of money.
- The present launches amid rising safety dangers for crypto holders, with a number of high-profile kidnapping makes an attempt reported this 12 months.
Netflix’s newest actuality enterprise, Home of Streams, is about to debut on June 18 within the UK and Eire, providing a singular prize, 1 Bitcoin, to the profitable contestant.
The present will function eight on-line streamers with a mixed following of 4 million.
Based on the official web site, the members, lots of whom are well-known on Twitch, will compete in a sequence 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 sequence opted for a crypto prize over conventional rewards.
Creator Mark Holland reportedly mentioned 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. A press release launched on Might 22 clarified, “We assist Bitcoin and no different memecoin,” after studies emerged of people making an attempt to launch fraudulent tokens beneath the present’s identify.
NEW: Netflix present "The Home of Streams" to present away 1 $BTC in Twitch streamer competitors..
Enjoying for Bitcoin simply hits completely different! pic.twitter.com/x44Dwey3Pf— Manana Samuseva
NYC (@MananaSamuseva) June 6, 2025
Netflix isn’t any stranger to crypto-themed content material.
The streaming big beforehand launched Belief No One: The Hunt for the Crypto King, masking the QuadrigaCX collapse, and not too long ago greenlit The Altruists, a sequence specializing in the lives of ex-FTX CEO Sam Bankman-Fried and former Alameda Analysis head Caroline Ellison.
Up to now, the contestants — who embrace streamers similar 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 considerations 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 many sufferer’s fingers, echoing earlier high-profile assaults involving bodily mutilation and digital wallets.
Final month, Pierre Noizat, founder and CEO of French crypto alternate Paymium, noticed his family focused.
A bunch of masked males tried to abduct Noizat’s daughter and grandson in broad daylight. The assault was foiled when the victims and a bystander managed to battle off the attackers.
En plein Paris, un homme a été violenté par des individus cagoulés, habillés tout en noir. Ils tentaient de l'enlever. Un homme a surgi, extincteur à la most important, pour les faire fuir. →https://t.co/P0qV6PR40v pic.twitter.com/9f4r2Gi7ho
— Le Figaro (@Le_Figaro) Might 13, 2025
Extra not too long ago, three youngsters have been 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 pressured him into their car, lined his head with a towel, and warned him not to have 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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