Creating the economic backbone for decentralized streaming.
Stream is a new decentralized blockchain-based token that allows livestreamers to easily and anonymously accept payments from their audience members anywhere in the world, with extremely low transaction fees and no platform lock-in.
Stream Token was created as a way to allow people like myself, who want to create unique digital media content, to finally earn a fair living from their work. With Stream Token, big streaming platforms will no longer be able to put their bottom line before the livelihood of the very people who make their platforms possible.
The internet dramatically reduced the cost for the average person to create and distribute quality content. New institutions like YouTube and Amazon Kindle quickly arose to facilitate this and, using conventional branding, established themselves as hubs for community-produced content. These centralized institutions, rising from the dot-com bubble, became natural monopolies as the promoters of this new type of content.
The vast majority of revenue from online video is derived through advertising; direct payment from viewers makes up a small but growing proportion of the income creators receive for their work. The marginal transaction cost of one additional person watching a video has plummeted in the last 30-50 years, along with the marginal transaction costs for all kinds of informational goods. The fixed costs associated with creating a video have not experienced such a rapid decline, as a large chunk of the costs are labor or time investments, which are largely exclusively borne by creators.
Thus viewers have become accustomed to their video content being free, and advertisers have stepped in to pay for the content; in the process gaining a huge influence on the content and profitability of videos. This has left creators in the uncomfortable position of being dependent on the video platforms that are best able to strike a relationship with advertisers, and bearing the financial risk of investing in new videos without receiving their fair share of the reward.
We believe that blockchain technology and decentralization has the potential to catalyze this revolution in content monetization and more equitably distribute value in thi economy to those who deserve it. The Stream Chrome Extension is our attempt to set the foundation for a Stream Ecosystem that levels the playing field in live streaming and online video and make content creation profitable again.
|Round||Token Price||Bonus||Min / Max Purchase||Soft Cap||Hard Cap|
Public Token Sale —
|0.01 USD||No||-||Uncapped||33,000,000 USD|
|0.01 USD||10% - 20%||Min 10000 USD||Uncapped||25,000,000 USD|
10% bonus for 6 months lockup with subsequent daily release over 12 months
20% bonus for 12 months lockup with subsequent daily release over 12 months