Executive Summary
Project Description
StreamSpace aims to create a distribution network and a marketplace where consumers can access films that are otherwise unavailable on traditional distribution channels. Furthermore, StreamSpace will provide movie makers with a crowdsourcing service that will connect them with individuals that can contribute directly to the their movie-making efforts, cutting out the usual intermediaries.
Additionally, StreamSpace will provide other valuable services and opportunities to filmmakers and their consumers. For example, the filmmakers will benefit from a decentralized storage system that will help them manage and distribute content more efficiently. This system will also help reduce piracy to the barest minimum and, subsequently, allow content creators set desired prices for their products. As for the consumers, they will have the opportunity of receiving unique content, content created by individuals and not the usual large corporations. Consumers will also be able to give recommendations directly to the Directors.
The StreamSpace network will have 2 different tokens, SSH and SPC. SSH will be used for transactions, and it will serve as the alternative to fiat on the StreamSpace Blockchain. The SPC token, on the other hand, will be earned by providing storage capacity for rent (mining) on the platform. SPC earned on the platform can be swapped for SSH and exchanged for fiat.
Hard Cap and Valuation
There will be a total of 1 billion SSH tokens from which 40% are made available for private and public sales. As shown below, SSH price varies on a day-to-day basis. Therefore, StreamSpace’s hard cap depends on how much of the available supply (400 million SSH) they are able to sell before the deadline.
The company did not outline which portion of the remaining 60% goes to the team, however, the amount is earmarked for running the marketplace and covering expenses incurred from maintaining the content library. It is distributed thus: 20% of the 600 million is allocated for General and Administrative expenses, another 20% goes to marketing, and the final 60% is for Research and Development.
Price Per Token
Price per token is dependent on the day of the ICO an investors purchases the tokens. To elucidate: the starting price is $0.10 per SSH and this value increases by $0.01 every day. As at when this post was published, 1 SSH token costs $0.23. The token will reach its maximum value of $0.52 on the 27th of February 2018.
Important Dates
The public sale is ongoing at the moment. It started on the 15th on January and is billed to end on the 27th of February.
Marketing Power
As at the time this post was published, had over 7,200 Telegram users, almost 6,000 followers on Twitter, 620+ subscribers on Facebook, and over 50 readers on Reddit.
Howey’s Test
According to Howey’s Test conducted by our analysts, it is unlikely that SSH will be considered a security.
Team Members’ Areas of Expertise
Business experts
James Baggett, Co-Founder and COO
- Owner/Broker of The Property Co. for almost 4 years.
Jose Tormo, CSO
- Competitive Intelligence at Hewlett Packard for almost 5 years.
- Senior Manager, Business Strategy at AMD for almost 4 years.
- Strategy Director at Dell for over a year.
Target market experts
Robert Binning, Co-Founder and CEO
- Early Bitcoin miner (since 2012).
Marketing experts
Jon-Karl Klietsch, Disruptive Technology & Marketing Strategist
- Digital Marketing Consultant for 2 years.
- Senior Product Marketing Manager at CognitiveScale for a year.
- Senior Marketing Manager, Ecommerce at Tacit Knowledge for a year.
- Senior Manager, Ecommerce at Golfsmith International for a year.
Jose Tormo, CSO
- Senior Marketing Strategy Manager at ABM Industries for a year.
- Director, Product Marketing & Corp Development at Motorola, Inc. for almost 9 years.
Legal experts
No team member with legal expertise.
Software engineering experts
Octavian Geagla, CTO
- Lead Software Engineer at Fanzee for almost a year.
- Software Engineer at ThinkTopic for almost 2 years.
- Software Engineer at Tendril for 2 years.
- Analytics Research Engineer at Netuitve for over 2 years.
Hariprasath Murugesan, Software Engineer.
- HMI Developer at Jaguar Landrover ODEC for almost 2 years.
- Software Engineer at Tata Elxsi for almost 5 years.
Blockchain development experts
No team member with notable blockchain development expertise.
Token economics experts
No team member with notable token economics expertise.
Token sale structure experts
Same as above.
Disclaimers:
- Nothing written in this article is a legal or an investment advice.
- Information is provided on a best-effort basis and is subject to change without prior notice. Be sure to verify everything you read with a project team.
The analysis was produced by Research Center team members: Alexander Bugaj, Mark Jedd, Eugene Tartakovsky.
We are constantly working on improving our work and welcome all constructive feedback. Let us know what you think.
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