What is Streamtoken
Content creation today is dominated by centralized “middleman” platforms that often claim more than 50% of the revenue generated by creators. Creators struggle to maintain a reliable source of income from their content on these platforms due to inconsistent demonetization and censorship policies. These problems are perpetuated by platform lock-in, which prevents creators and viewers alike from being able to move to better alternatives. We propose a cross-platform browser extension with an associated utility token that together streamline the transfer of value between creators and their audiences. This solution bypasses middlemen, incentivizes the creation of free content, and expands options for monetization.
Our vision for the Stream Ecosystem is to make content creation profitable for content creators. We believe that in the current online content economy, built-in network effects and the rise of free content have rewarded centralized platforms and advertisers with monopolistic dominance at the expense of creators and their viewers. Stream is our attempt to level the playing field.
We hope that a platform-agnostic payment structure will fundamentally level the playing field for creators in the complex and rapidly changing live streaming industry. We believe that our decentralized Stream Token used on top of existing video content platforms through the Stream Chrome Extension will allow creators and their fans to create a grassroots creative economy on top of, but not subject to, existing content platforms.
The Stream protocol is an experiment designed to address existing challenges in the live streaming industry, while simultaneously aiming to create a true consumer application of blockchain technology. We look forward to seeing the Stream Ecosystem grow as a result of the efforts of a thriving community of creators, developers, crypto enthusiasts and committed fans.
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