Kondoot, Video Broadcasting Social Network Launches

NEW YORK and BRISBANE, Australia, December 12, 2011 /PRNewswire/ — Kondoot (www.kondoot.com), the first social network which allows consumers, business professionals and celebrities to broadcast live video to their friends, family, clients and fans, is making its debut this week in the U.S.

Kondoot is creating a new market segment — Social Live Video — an unusual combination of a social network and live video and offers a full suite of free video options including public live broadcasts, recorded broadcasts and video chats as well as games, instant messaging and more. Free Kondoot iPhone and Android apps allow users to broadcast live from virtually anywhere.

Timed to coincide with its formal market launch, Kondoot is unveiling its unique paid broadcasting system enabling celebrities, musicians, athletes, authors, businesses offering live webinars and others to market private broadcasts to fans and customers. Viewers pay a small fee via PayPal with the majority of the proceeds paid to the broadcaster. The company is using Amazon Web Services to provide bandwidth ‘on the fly’ to support its video broadcasting needs ensuring the best possible quality video with minimal latency.

Kondoot is based in Brisbane, Australia, and its ‘senior team’ — largely comprised of 20- and 30-something software engineers and programmers — has been working on the site’s infrastructure for just over a year. Kondoot is privately funded and was soft launched three and a half months ago and is already in use in 133 countries.

“We’ve been singularly obsessed with delivering on the vision of creating a friendly and easy-to-use live social video experience,” said Nathan Hoad, age 25, co-founder and chief technology officer, Kondoot. “Our goal is to make it easy for consumers and professionals alike to embrace video and use it to stay in touch with friends and business associates around the world.”

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