Overview

Creating the economic backbone for decentralized streaming.

Project stage

Prototype

Detailed description

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.

Problem

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.

Solution

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. 

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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : STR
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 33,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :12,600,000,000 STR
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :4,200,000,000 STR
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :BTC, ETH, USD,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :No
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  • Token and Funds Distribution

    Token distribution date

    NA

    Unsold tokens

    NA
      • Token Distribution

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Public Token Sale — Ended
    Start Soon
    0.01 USD No - Uncapped 33,000,000 USD
    Pre-sale — Ended
    Start Soon
    0.01 USD 10% - 20% Min 10000 USD Uncapped 25,000,000 USD
    Pre-sale

    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

    Read more about vesting and bonus
    • Team

      • Simar Mangat photo
        Simar Mangat
        CEO
      • Greg Kufera photo
        Greg Kufera
        CTO
      • Chris Barrett photo
        Chris Barrett
        CMO
      • Ben Yu photo
        Ben Yu
        Chief Evangelist
      • Nusseir Yasin photo
        Nusseir Yasin
    • Advisors

      • Joey Krug
      • Paul Veradittakit
      • Saureen Shah
      • David A. Johnston
      • Jon Youshaei
      • Nader Al-Naji

    Roadmap

    No information

    Activity

    Social