Whitepaper

Stream41: A decentralized live-video-streaming platform built on the Ethereum blockchain.

VERSION 1.0 AUTHOR: Andy Chaudhuri Designer and Developer: White Code Labs Date: January 2018

Designed and developed by White Code Labs

Table of Contents

  1. Abstract
  2. Introduction, Vision and Background
    1. Introduction
    2. Vision
    3. Background
  3. Current Market Landscape
  4. Solution
  5. Stream 41-Platform
  6. Stream 41 Technology
  7. Why blockchain?
  8. Stream 41 Protocol
  9. Business Model
  10. Stream 41 Token

ABSTRACT

In this whitepaper we will present a decentralized model for sharing live video content through a peer-to-peer network that uses blockchain technology. This whitepaper will cover the business logic, the technology behind the application and the overall goal of the project.

We are excited to introduce Stream 41, a live-video-streaming, peer-to-peer network protocol that is fully decentralized, highly scalable, and crypto token incentivized. In this whitepaper we will describe and explain in detail the Stream 41 network protocol—a delegated stake based protocol for incentivizing content producers to participate in a live video broadcast network in a secure way.

Designed and developed by White Code Labs

INTRODUCTION, VISION AND BACKGROUND

Introduction

Stream 41 is a next generation, live video streaming platform, built on the Ethereum blockchain, leveraging new technology for a design that better serves both content producers and content viewers.

Stream 41 is developed and powered by White Code Labs, a California-based software innovation firm. Since incorporation in 2013, White Code Labs has focused on enterprise software technology and services with a mission to develop applications based on the most innovative futuristic technologies.

We are proud to present below Stream 41, a live-video-streaming platform, built on the Ethereum blockchain.

Vision

Over the past few years, the vision of the decentralized web is starting to become a reality, with the emergence of various networks and technologies significantly contributing to these advancements. Examples include Bitcoin and various token projects to facilitate p2p transfer of value.

Decentralized networks and cryptoeconomic business models offer opportunities to build new networks that align the incentives of participants, enabling fair and efficient value sharing, community empowerment, and effective governance.

Collectively, these developments play a significant role in allowing for the creation of a decentralized platform where trustless computing can take place to enable decentralized storage and live stream content distribution.

Background

Billions of individuals around the world rely on smartphones as a medium for communicating and consuming entertainment. The rapid growth of live video streaming over the past few years reflects this reliance. While more people create and consume content, today’s digital media landscape is highly centralized and dominated by a small number of large technology companies.

These large companies control and exercise considerable power on digital media distribution and access, leading to significant value creation which does not flow back to individual content creators and distributors.

CURRENT MARKET LANDSCAPE

Below we outline the current market landscape, the problems with the current platforms, and our proposed solution.

1. Advertising Revenue Dependency

Current digital systems prioritize advertising revenue over content diversity and viewer experience. This focus pressures creators to develop content appealing to the lowest common denominator, resulting in less opportunity for deeper discovery and engagement.

This overreliance on advertising has also led to fraudulent practices, alienating content creators from their audience. Stream 41 does not rely on advertising and offers a direct approach for content creators to interact with their audiences Aligned without sacrificing user experience.

2. Poor Engagement

Current video streaming platforms typically exhibit poor engagement between creators and fans due to reliance on advertisement-driven models. Content creators are compelled to cater to mass interests to generate income. Stream 41 empowers creators with tools to interact freely with their audience while ensuring that revenue directly benefits content creators without hefty fees.

SOLUTION

Ad free

Stream 41 promotes an advertisement-free environment where content producers and viewers engage meaningfully.

Fair, Transparent, and Secure Income Distribution

Through features such as vote-based tipping and recurring payments, all revenue flows through the Ethereum blockchain securely, without middlemen involved.

Peer-to-peer network

Stream 41 utilizes a decentralized network that connects users to earn view tokens by leveraging their redundant resources to host videos.

STREAM 41-PLATFORM

About Our Video Platform

Stream 41 transcends the traditional advertising-based model by establishing a new sustainable revenue stream for content producers.

Direct monetization

Content creators receive funds directly without intermediaries, thus enhancing personalized experiences.

Genuine and Original Community Interaction

Stream 41 facilitates an intimate connection between content creators and their community, allowing genuine engagement without the pressures of maximizing ad revenues.

STREAM 41 TECHNOLOGY

Stream 41 aims to be fully decentralized, where nodes contribute computation and bandwidth. Users can capture video and send it to Stream 41’s network.

WHY BLOCKCHAIN?

Current platforms act as intermediaries, enforcing terms unfavorable to content creators. Stream 41 allows smart contracts directly between creators and audiences for effective and immediate payment execution.

No Arbitrary Censorship

Stream 41 removes arbitrary censorship, allowing freedom to stream content without single points of failure.

THE STREAM 41 PROTOCOL

The Stream 41 Protocol promotes secure participation in a live-streaming ecosystem. It allows any node to send live video into the network while ensuring rewards are assigned based on real work contributions.

BUSINESS MODEL

1 Vote-based Tipping

This mechanism enables users to support their favorite content creators through micropayments.

2 Recurring patronage

Our system allows content creators to reward loyal fans with exclusive content.

3 Selling access to content

We propose integrating subscription-based models similar to existing streaming platforms.

4 Creator-delivered endorsements

Stream 41 will facilitate sponsorship opportunities consistent with creators' brand values through an on-chain escrow service.

STREAM 41 TOKEN

Stream 41 tokens will serve as the payment mechanism with significant portions designated for various stakeholders, including content creators and community supporters.

Designed and developed by White Code Labs.