Netflix is gearing up to launch a new reality series called “House of Streams” on June 18 in the UK and Ireland. Eight well-known online streamers will face off for a prize that’s anything but ordinary. Instead of cash, the winner will claim 1 Bitcoin—worth more than $104,000 at current rates.
According to Netflix’s announcement, the series drops on June 18 and features eight contestants. They’ve built a combined audience of about 4 million followers.
In the past, big promotions have drawn copycat coins that vanish as soon as they peak. Contestants and fans alike are being urged to stay vigilant and only trust official channels.
Security experts say high asset values can make crypto figures targets. In May 2024, French police rescued the father of an entrepreneur held in suburbia after attackers severed one finger. In another case, masked men tried to abduct the family of Pierre Noizat, CEO of French exchange Paymium.
And late last month, three teenagers from Florida allegedly kidnapped a man at gunpoint in Las Vegas and drove him over 70 miles to a desert near White Hills, Arizona. Victims found themselves blindfolded and warned not to look back.
As Netflix readies House of Streams, it faces two challenges. First, it must satisfy viewers looking for both fun and authenticity. Second, it must navigate the very real dangers that follow high-value crypto prizes.
Featured image from Unsplash, chart from TradingView
