StreamSpace - The most progressive video marketplace in the world.




  • WHAT IS 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.

    One fragment will be pegged to the value (V) of some quantity of SSH. For purposes
    of discussion, we’ll use 1f = 0.00000001 SSH (one fragment is valued at one-hundredmillionth
    of 1 SSH). Stake weight (W) will be calculated by the age of the fragment since
    it last staked and the “popularity” index (P) of the fragment as reported by the DHT.





    StreamSpace Features

    For Filmmakers

     • 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 formats, 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 from a wider variety of
    countries / languages, including China, India, Korea, and Japan.
    • Potential new film formats, including virtual reality or immersive content
    and interactive film experiences as mentioned above.


    StreamSpace Technology

    • Digital Wallet & Smart Contracts

    One of the great design advantages of Ethereum is the Ethereum Virtual Machine (EVM) that can execute smart contracts submitted to run on the Ethereum chain. These contracts are self-enforcing and cannot be manipulated or censored, which allows programmers to automate many processes that traditionally require an oversight board. This yields advantages in terms of content security and transparency of the transactions along with the transaction history. Examples of applications include ecommerce, real estate transactions, legal contracts, and financial trading. The smart contract acts as an escrow system, whereby the payment is not released until the “product” has been delivered and acknowledged. A digital wallet holds the funds in the form of a specific number or fraction of tokens, assigned to a unique account identifier with a private or public key. One can imagine a smart contract whereby a film enthusiast logs into his account, adds US$5.00 in value to his digital wallet (either by electronic funds transfer, an online credit/debit card transfer authorization, or by exchange of a fraction of a bitcoin or other cryptocurrency through an exchange), and then clicks to watch a film. That last click initiates a token transfer from his digital wallet to that of the copyright owner, in a basic example, an independent filmmaker with 100% ownership of the digital viewing rights. The copyright owner for a film may be a single individual, but more commonly may be a group of individuals with differing percentages of ownership rights. StreamSpace will track the payment transfers from each viewer to the respective copyright holders according to whatever terms are appropriate for each film project; there may be tax consequences for payments, which would represent business revenue or income to the copyright holders. Each of the copyright owners has the ability to accept revenue payments in some fraction of StreamShares and fiat currency. StreamSpace will use a private exchange and convert SSH tokens into fiat currency at any time for the wallet holders, with the exchange rate determined by an average of current day exchange rates across all public exchanges that accept SSH tokens. StreamSpace will charge a minimal exchange fee for all transactions  from SSH into fiat currencies.

    • Recommendation Engine

    StreamSpace believes that the recommendation engine is a core differentiator from conventional SVOD services. Today, it is nearly impossible for an independent film viewer to find an attractive, highly rated film without specifying the exact name in a search window. The core of the viewing experience starts with a recommendation or search engine: how the film viewer selects a new title and chooses to launch a stream of the content to the personal viewing screen. Stream- Space will use IMDb information and other metadata to identify a set of characteristics of each film in its library (and plans to help filmmakers collect and submit metadata to IMDb for their original creations), and will dovetail this information with metadata about the preferences of each viewer (e.g., viewing history of watched / abandoned films, reviews and ratings) to hone the set of film choices presented to the viewer. Frequent viewers will be rewarded with more accurate recommendations toward their viewing preferences, and they may also receive extra incentives in terms of bonus film viewing opportunities, extra content (such as “behind the scenes” footage), and bonuses for larger or more frequent deposits into the user’s wallet. By optimizing the recommendation engine around peer reviews and personal viewing history, StreamSpace believes that we can provide a more compelling end user experience, which will only improve further with the network effect.

    ...the recommendation engine is a
    core differentiator from conventional
    SVOD services.

    • Content Player


    The film enthusiast may prefer to watch on a large fixed viewing screen, such as a 4K+ UHD TV, a standard 720i or 1080p HDTV, a laptop or desktop, with a wide range of screen resolutions, or even a mobile phone or tablet, today commonly with FHD 1920 x 1080 or QHD 2560 x 1440 resolution. StreamSpace will provide a downloadable app with its custom player or run its player inside any of the common internet browsers, but with an initial focus on PCs running mainstream browsers, followed by smartphones and SVOD clients connected to HDTVs. For the initial release, we will deploy a browser-based player optimized for Microsoft Windows and Apple OS. We will develop and deploy apps that will run on Android and iOS, and we will target several of the major internet TV SVOD client systems, including Google Chromecast, Roku, Microsoft Xbox, Apple TV, Amazon Fire TV, etc. to allow consumers to add the StreamSpace channel into the viewer home screen. The player includes identity language and format preference with buttons to access and control the user account information, as well as play / pause / rewind / fast forward buttons for the viewer to control the experience.



    • Distributed Storage Network

    StreamSpace holds a provisional patent on its distributed storage network, and has a utility patent pending.

    The StreamSpace network’s transactions will be backed by a blockchain for transparency. The blockchain will serve to process and record transactions and enhance the security of the network. On the StreamSpace network, a “Curator” is someone who offers storage capacity for file fragments. Each Curator node will receive a reward in StreamShares (SSH) for storing and sharing file fragments, according to the Proof of Stake Time Fragment (PoSTF) algorithm defined below, and executed by a digital contract which the Curator must agree to before staking. The contract is executed each time the Curator has met the requirements of the algorithm. Curator nodes cannot stake without holding fragments. Fragments can only stake if they have been verified by their hash and location on the network. Fragments must be held by the Curator node for a minimum period of time (T) before they are eligible to stake.

    One fragment will be pegged to the value (V) of some quantity of SSH. For purposes of discussion, we’ll use 1f = 0.00000001 SSH (one fragment is valued at one-hundredmillionth of 1 SSH). Stake weight (W) will be calculated by the age of the fragment since it last staked and the “popularity” index (P) of the fragment as reported by the DHT.

    InterestRate: I = 0.02
    Stake Weight: W = T * V * P
    Reward: R = W * I * 33 / (365 * 33 + 8 )

    The goal of the algorithm is to encourage more nodes staking the most popular content. The StreamSpace network and distributed filesystem will be built upon thousands of curator nodes that store and distribute file fragments. The file storage and distribution system is modeled after systems such as BitTorrent, Storj, and Protocol Labs’ Inter- Planetary File System (IPFS). All are peer-to-peer distributed storage systems which leverage a computing device’s extra hard disk space to store and share file fragments. StreamSpace nodes hold StreamSpace objects in local storage on their devices. StreamSpace nodes connect to each other and share StreamSpace objects with each other across the network. These objects represent video files, cryptographic information, and other data. Nodes are identified by a Node ID which is a cryptographic hash of a public key. This is modeled after Storj and IPFS and utilizes similar algorithms. StreamSpace nodes communicate regularly with hundreds and even thousands of other nodes on the network. The StreamSpace network stack is modeled after the Storj and IPFS network stacks to ensure performance and security of the streaming system. StreamSpace nodes also utilize a routing system that is similar to Storj and IPFS to enable nodes to find other peers’ network addresses and other peers’ specific objects. Therefore, StreamSpace is utilizing Distributed Sloppy Hash Tables based on S / Kademlia and Coral in the same way that IPFS implements them to keep track of this information..

    The goal of the algorithm is to encourage more nodes staking the most popular content. The StreamSpace network and distributed filesystem will be built upon thousands of curator nodes that store and distribute file fragments. The file storage and distribution system is modeled after systems such as BitTorrent, Storj, and Protocol Labs’ Inter- Planetary File System (IPFS). All are peer-to-peer distributed storage systems which leverage a computing device’s extra hard disk space to store and share file fragments. StreamSpace nodes hold StreamSpace objects in local storage on their devices. StreamSpace nodes connect to each other and share StreamSpace objects with each other across the network. These objects represent video files, cryptographic information, and other data. Nodes are identified by a Node ID which is a cryptographic hash of a public key. This is modeled after Storj and IPFS and utilizes similar algorithms. StreamSpace nodes communicate regularly with hundreds and even thousands of other nodes on the network. The StreamSpace network stack is modeled after the Storj and IPFS network stacks to ensure performance and security of the streaming system. StreamSpace nodes also utilize a routing system that is similar to Storj and IPFS to enable nodes to find other peers’ network addresses and other peers’ specific objects. Therefore, StreamSpace is utilizing Distributed Sloppy Hash Tables based on S / Kademlia and Coral in the same way that IPFS implements them to keep track of this information..

    Roadmap

    The StreamSpace solution in its first iteration will feature basic functionality of the first
    eight technical components noted above. The ninth element of the solution, ICO /
    Token crowdfund campaign support, will be offered on an as-needed basis, based on
    the level of interest from filmmaker customers along with availability of StreamSpace
    technical support resources. Subsequent iterations of the StreamSpace solution may
    continue to expand and refine the functionality for both filmmakers and for consumer
    film aficionados.

    Token Crowdsale

    Role of token: Payment rights and access rights
    Initial token supply: 1,030,000,000 (1.03 billion)
    Distributed in Token Sale: Up to 600,000,000 (600 million)
    Emission rate: 2% of staking tokens per year
    Blockchain: Ethereum
    Consensus method: Proof of Stake Time Fragment
    Sale period: Aug 21 to Sep 18, 2017
    First price: 

    1 SSH : US$ 0.05
    Approx. 4220 SSH : 1 ETH at US$211 = 1 ETH
    Approx. 46780 SSH : 1 BTC at US$2339 = 1 BTC

    Accepted currencies: ETH and BTC
    Investment Round: First public offering
    Token distribution date: Oct 3, 2017
    Min investment goal: 75,000,000 SSH / US$3.75 million
    Max investment cap: 600,000,000 SSH / US$30 million
    How are funds held: Multi signature escrow account

    Bonus schedule based on time of investment


    The Token Sale will commence August 21, 2017, at 1000 Central Daylight Time (US)
    / 1500 GMT. We will offer 58% of all StreamShare tokens for purchase by the public
    under the ticker symbol SSH. The remaining 42% of tokens will be retained indefinitely
    by StreamSpace to help ensure long term alignment between StreamSpace, its
    investors, and its future customers.

    Token Sale Summary

    The StreamShare or SSH token is the sole currency enabled for conducting transactions
    on the StreamSpace platform. Just before the StreamShare token sale launch
    date, the United States Dollar will be pegged to the current value of Ether and Bitcoin.
    For the example below, the exchange rate for Ethereum has been set at $211 and the
    exchange rate for Bitcoin to $2339.

    Each SSH token will be sold for the equivalent of US$0.05 in either ETH or BTC. At
    estimated current exchange rates of US$211 = 1 ETH and US$2339 = 1 BTC, this means
    that 1 ETH = 4220 SSH and 1 BTC = 46780 SSH. The actual exchange rate will be set
    just prior to the start of the Token Sale, between 0900 and 1000 CDT on August 21,
    2017. There is a minimum purchase amount of 500 SSH (US$25).
    We will sell a maximum of 600 million SSH, representing 58% of all SSH tokens. Should
    this amount be reached before the end of the sale on September 18, 2017, 0959 CDT,
    twenty-eight days after the token sale commencement date, we will halt the Token
    Sale. In the case that we do not reach the minimum of 75 million SSH tokens sold after
    the 28-day sale period, we will return all funds from escrow to the registered investors

    StreamShare Token Supply Distribution

    One billion thirty million (1,030,000,000) StreamShare tokens have been created.
    Thirty million (30,000,000) SSH have been locked away for staking purposes to mine
    blocks during development and internal company use.
    This ICO covers a release of between 75 million (7.3% of total) and a maximum of 600
    million tokens (58% of total). Unsold tokens will remain in storage for at least 12 months.

    Funds Escrow

    All payments received for SSH tokens in connection with the StreamSpace Token Sale
    will be held in escrow in a multi-signature address with a multi key structure. Keys of
    this multi-signature account will be held by TokenMarket or another third-party escrow
    agency.

    Planned Level and Use of Funds
    The funds raised through this Token Sale are expected to be between $3.75 million
    (minimum threshold for this Token Sale) and $30 million (max investment value, not
    including discounts associated with early investment commitments or large value
    commitments).
    StreamSpace will scale the rate of hiring
    and other expenses commensurate with
    the amount of funds that are raised. The
    expected expense profile will be as follows


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