Blockchain Powered Streaming Video Content
About StreamSpace
StreamSpace incorporates cutting edge technologies like decentralized storage systems and blockchains, which make it the most progressive streaming marketplace in the world. Filmmakers set a price for their work and are paid immediately by consumers, disrupting the traditional industry model.
The Problem
The movie industry, like other subsets of the entertainment industry, is dominated by a handful of distribution leaders that retain the lion’s share of profits generated in the industry. There is a strong Pareto effect: most of the industry’s annual revenues and profits derive from a small number of blockbuster films, with large budgets for promotion, frequently 100–200% of the total cost to create the film. By the time the studios tally up the global revenues and expenses, the small-budget filmmaker typically sees no profit or only a very small return on his investment of time, talent, and money. Furthermore, as many as 80% of the films produced each year are never seen by an audience. For filmmakers, this means that unless you are a “bankable” producer/director, you are at the mercy of a handful of large, powerful studios who have little incentive to deliver a return for your time and creative efforts. For most viewers, it means that you can only watch the handful of films that the studios want to support with broad distribution through theaters, network broadcast, and physical and digital distribution. All of the performing arts industries — music, theater, and film — have undergone strong shifts over the past 100 years as recording / production technologies and distribution technologies have evolved. The internet has nearly destroyed the traditional recording music industry, with US sales of recorded music declining 80% as a share of national GDP compared to 1999.
StreamSpace offers the solution with nine keys components to the StreamSpace platform:
Secure storage method of the video content
Blockchain transaction ledger for enhanced transparency and security.
Front-end decoder and embedded HTML5 player
Content recommendation engine
Secure digital wallet
Private token exchange
Community-focused front end
Social media channels
Initial Coin Offering / Token crowdfunding campaigns
Our Community
Movie Maker
Decentralized storage systems provide security from piracy
Increased control over distribution includes the ability to set prices
Ledger Blockchain Immutable - instant and transparent payment system
Consumer
Unique content delivered directly from the filmmaker
Personal recommendation
Make history by joining the first volume blockchain distributors for streaming movies
Roadmap
Some potential enhanced features include:
For filmmakers
For film viewers
StreamSpace Technology
Digital Wallet & Smart Contracts
Digital wallet Ethereum i.e. Ethereum Virtual machine (EVM) which can carry out intelligent contract sent to run on network Ethereum. Self-enforcing contracts and cannot be manipulated or censored, which can make the programmer to automate various processes that traditionally requires the supervision of the Board. This could generate advantages in terms of security and transparency of the transaction along with transaction history.
Binary-Chain Blockchain Protocol
StreamSpace uses two separate systems with different coins Staking of mining or rewards, one for each of the two main processes are conducted throughout the blockchain. The most visible process involves the processing of transactions related to purchase or rent content: download video stream processing and transfer payments related to the experience of watching each.
The second, less visible process, involves maintaining a distributed storage streaming video content, with rewards based on the amount of storage allocated, the length of time that are supported, and the popularity of the content
Quality of Streaming Video Content
StreamSpace uses Dynamic Adaptive Streaming over HTTP (DASH), which ensures high quality streams over the internet. The original video file is split up into many smaller video file segments of many bitrates and resolution.
Crowdfunding Service for New Films
Sale token expressly designed to support funding for production of the new film or video projects; more information about some of these projects are provided at the competition. StreamSpace will improve the experience in conducting its own plus the ICO contacts that are created in the entire film industry and blockchain to identify the pool of potential investors StreamSpace with white paper.
Content Player and DRM
StreamSpace provides a downloadable App in general internet browser, but with an initial focus on the PC running the major browsers, it also will be able to download on your smartphone and SVOD clients connected to the HDTV. For the initial release, StreamSpace akanmenggunakan browser based player that is optimized for Microsoft Windows and Apple’s OS. StreamSpace will develop and deploy mobile applications on Android and iOS, and StreamSpace will target some major Internet TV client systems, including Google’s SVOD Chromecast, Microsoft Xbox, Roku, Apple TV, Amazon TV api, etc. to allow consumers to add channels to your home screen StreamSpace Viewer.
StreamSpace Recommendation Engine
StreamSpace recommendation engine based on the three core elements:
For more information please visit:
Web: https://www.stream.space/
Twitter: https://twitter.com/streamspaceinfo
Facebook: https://www.facebook.com/streamspace
Bounty Thread: https://bitcointalk.org/index.php?topic=2622093.0
Whitepaper: https://www.stream.space/pdf/StreamSpace_White_Paper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=2214904.0
My bitcointalk https://bitcointalk.org/index.php?action=profile;u=533915
