Stream Protocol’s groundbreaking content revenue distribution system based on blockchain technology
Even though Bitcoin prices has gone up to almost 40K and now its a bit below, it cannot be denied that within these recent months interest of crypto market has increased dramatically.
Captain coin’s increase has pulled the activation of others as well. Let’s discuss about Stream Protocol. Stream Protocol is a coin that related closely to the current growth of content market.
Basically the system is built based on blockchain technology, which means it cannot be manipulated or modified arbitrarily. Revenue generated from the content is distributed fairly according to the content information written on smart contract. We believe Stream Protocol could be the solution for better structure of entertainment industry.
Background of Stream Protocol
Growth of the content market is the background of Stream Protocol. Countless contents are being mass produced everyday and showed through YouTube, Africa TV, Naver TV, Kakao and other various platforms. Because of its fast growth some are getting benefits from the content creation regardless of their contribution to it.
Continuous content creation will face difficulties if number of people or organizations gain profits from the content where they have not participated in profit generation.
Stream Protocol aims to distribute revenue fairly to those who deserve, create a system that can create sustainably and to protect copyright of the content. Let’s see Stream Protocol’s differentiated factors compared to the others in the market.
First, fair distribution with simple process.Content information including equity is recorded on a blockchain node. Transparent distribution is made due to its characteristics of none forgery system. Additionally, real time revenue could be checked and payment is made in short time.
Second, the system gives shares of the content and when immediate profit is generated business users could request for the payment settlement. This would reduce burden of early production cost of next content they are making.
Content NFT trading platform of Stream Protocol
Stream Protocol is also preparing a service to acquire NFTs containing shares in the desired content by bidding and receive compensation for its profits. Through this, it is expected that the ecosystem of STPL will be expanded further and that anyone can easily participate in existing difficult and complex content investments in a small units.
STPL Dshop: https://stpl.ogn.app