Connecting Filmmakers Directly to their Customers
Utilizing decentralized storage programs and blockchain, StreamSpace has created a safe platform the place filmmakers can set a value for his or her work and obtain funds instantly from the shoppers.
StreamSpace has simply introduced the beginning of their Initial Coin Offering. This token sale will proceed until February 27, providing a complete of 250 million StreamShares (SSH).
StreamSpace is a safe platform for video distribution that has been created with the purpose of disrupting the present-day concept of video content material distribution by eliminating the middlemen. It will empower impartial filmmakers to retain monetary management over their movie initiatives whereas enabling shoppers to obtain high quality movie content material instantly from the creators.
Just a few international distribution giants have dominated the roost within the international film trade for a few years. Surprisingly, about 80% of the movies produced every year are by no means seen as a result of they fail to safe the required distribution assist from a significant studio. Filmmakers are sometimes left with no various however to depend on movie festivals and related channels. This has led to a scenario the place shoppers face an erosion of alternative as they principally have entry to main blockbuster releases promoted closely by the studios. Independent filmmakers are left with out ample multichannel distribution relationships and a paucity of revenue.
StreamSpace is presently within the strategy of constructing a novel distribution platform and an ecosystem that may create hyperlinks between filmmakers and their followers, revolutionizing the movie trade in a lot the identical method the music trade has modified over the previous decade or so. The filmmakers will be capable of set a value for his or her content material and obtain funds instantly from shoppers. The system’s safe monetization engine will place greater than 90% of funds instantly into the palms of the filmmakers.
StreamSpace may also assist filmmakers use crowdfunding strategies like ICOs, a strong new instrument that’s simpler than typical crowdfunding companies. To guarantee safe storage and transmission of information, StreamSpace will make the most of encryption and blockchain applied sciences. Moreover, shoppers will lastly have direct entry to high quality movie content material from the impartial creators.
Robert Binning, the CEO of StreamSpace, says:
Today, as video depends on excessive infrastructural prices on bandwidth and storage, solely three corporations can afford to deploy a world platform, they usually have monopolized the market, creating an atmosphere through which authors should not monetizing, customers solely attain low-quality content material, and advertisers can not attain their audiences.
Our purpose is to turn into the world’s main vacation spot for progressive movie content material, with a deep catalog that may allow personalised viewing experiences and that will likely be rewarding for our two core clients, impartial filmmakers, and indie movie aficionados.
StreamSpace has been constructed round 9 key parts:
Secure storage technique
Blockchain transaction ledger
Front-end decoder and embedded HTML5 participant
Content suggestion engine
Secure digital pockets
Private token alternate
Community-focused entrance finish
Social media channels
Initial Coin Offering / Token crowdfunding campaigns
StreamSpace operations are based mostly on digital wallets and good contracts by means of the Ethereum Virtual Machine able to executing good contracts on the Ethereum chain. All transactions on StreamSpace’s platform will happen utilizing StreamShares (SSH) tokens. Film lovers can watch a movie by including cash to their digital pockets and initiating a token switch to the pockets of the copyright proprietor. After receiving the tokens, the copyright proprietor can convert them to fiat currencies and withdraw.
StreamSpace has circulated solely a restricted variety of StreamShares out there, and these tokens will be bought with Ethereum or Bitcoin. Since the beginning of the StreamSpace ICO, the worth of StreamShares has elevated each day, and can quickly attain the utmost value of $0.30.
To discover out extra about StreamSpace and their ongoing ICO, please go to https://www.stream.house/.
About StreamSpace: StreamSpace is a blockchain powered streaming video on demand service that appears to revolutionize the movie trade by eliminating the present distribution channels between the filmmakers and their clients. Making use of cutting-edge decentralized storage programs and blockchain expertise, they’ve constructed a safe platform the place impartial filmmakers can train full monetary management over their creations and shoppers have entry to high quality movie content material instantly from the creators.
Images courtesy of StreamSpace
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