Public Crypto BLOG: StreamSpace - Streaming Platform Based On Blockchain

Hi everyone, Good day to you. How often do you watch movie ? I am sure that most of us, spend a quite much time to watch a movie. The movie that we watched maybe from cinema, theater, DVD, even streaming on the internet. We are in the age of films and we are watching it everyday aren't we ?

With the film viewer platforms that available now such as Youtube, we can easily watch our favorite movies. But unfortunately, even highly motivated independent film-viewers have no way to discover most of these film productions, except through the promotion activities of the major studios that control multichannel distribution, from theaters to broadcast / cable television to DVD and digital distribution.

The Problems

Piracy is especially rampant in China, where over 90% of content viewing results in no income paid to the copyright owners. The result is that the major distributors pursue business policies that reward “safe” investments in blockbusters and projects that feature well-known lead actors or directors; in 2011, the top 16% of films released in China were responsible for over 70% of box-office revenue, because only blockbusters justify significant promotion.

Because of this Piracy, the Chinese film industry to be overwhelmingly oriented to box-office receipts rather than hard media or pay-per-view revenue. As a consequence, independent filmmakers see very few opportunities to generate income from their artistic efforts.

The Solution

StreamSpace is introducing a novel distribution platform and an ecosystem community that will give consumers an opportunity to enjoy quality film content unavailable from conventional distribution channels, with a secure monetization engine that places more than 90% of payments directly into the hands of the filmmakers.

StreamSpace Goal

StreamSpace intends to launch a novel financing service that will help filmmakers raise the funds they need to create and produce film projects. StreamSpace goal is to become the world’s leading destination for innovative film content, with a deep catalog that will enable personalized viewing experiences and that will be rewarding for our two core customers, independent filmmakers and indie film aficionados.

StreamSpace intends to launch an innovative platform and community that will link creative, independent filmmakers with audiences that seek out quality, edgier film experiences.

StreamSpace Platform Key

Secure storage method of the video content, based in part on Protocol Labs’ IPFS. StreamSpace holds a provisional patent on its method for secure storage.
Blockchain transaction ledger for enhanced transparency and security.
Front-end decoder and embedded HTML5 player optimized for video streaming
Content recommendation engine that helps consumers discover new content that fits their tastes, based on viewing habits and reviews / ratings.
Secure digital wallet so consumers and filmmakers can manage their accounts and stored assets with confidence.
Private token exchange that monitors the market value of SPC and SSH tokens.
Community-focused front end for filmmakers to upload their products to StreamSpace’s environment, set prices, and analyze statistics about the popularity or reviews of their content.
Social media channels that link filmmakers to each other and to their audiences.
Initial Coin Offering / Token crowdfunding campaigns for new film projects on behalf of filmmakers that are interested in this uncommon technique for raising the funds necessary for a small or mid-budget film project.

StreamSpace has many features for both Film-makers and Film-viewers such as :

For Film Makers

• Online forms to help complete and submit IMDb metadata, so filmmakers can stay in the StreamSpace environment as they upload and launch their film projects into the market.
• Linked social media channels and promotion tools to attract audiences and build the filmmakers’ reputations and popularity.
• Networking opportunities across the filmmaker communities, including opportunities to share tools and techniques, learn about new technologies and build audiences.
• Support for additional video content classes, including animation / anime, live stream content, music videos, trailers and other short form content associated with films, immersive content such as virtual reality or interactive content, etc.

For Film Viewers

• Increased viewing options including more supported screen sizes or SVOD thin client options as well as potential offline viewing options.
• Opportunities to engage with the filmmakers through reviews / ratings, “behind the scenes” extras, or forum / chat room engagements.
• Improved algorithms for superior recommendations.
• Expansion of the genre choices to include films, shorts, anime, music videos, or other video content from a wider variety of countries, including China, India, Korea, and Japan.
• Potential new film formats, including virtual / augmented reality or immersive content and interactive film experiences as mentioned above.

Summary

StreamSpace will provide an innovative film content, using a very rich catalog that will enable personalized viewing experiences for us. And StreamSpace will be rewarding costumers such as independent filmmakers. With StreamSpace, both Film-makers and Film-viewers will gain profit.