If you're serious about video game streaming, you most likely have a PC with a decent capture card, microphone, camera and software like XSplit or OBS. It can be expensive and a little convoluted, which is why Sony and Microsoft are making their respective consoles better all-in-one streamers. On the Xbox side, Microsoft has added third-party USB camera support for "Insiders," or beta testers, on its "Preview Alpha Ring." It only works with Mixer, the company's Twitch rival, and strictly for broadcasting video — so you'll still need a headset or microphone to handle your vocal chords.
Source: Mixer
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