CREATE, CONNECT, EARN
"Designed to revolutionize how creators and fans interact, the STEN coin empowers you with seamless, direct, and rewarding financial interactions."
The STEN coin is not just another cryptocurrency; it's a game-changer in the digital content creation world. Designed to revolutionize how creators and fans interact, the STEN coin empowers you with seamless, direct, and rewarding financial interactions. Built on the ultra-fast Solana blockchain, STEN ensures quick, cost-effective transactions, making it ideal for the dynamic world of live streaming and content creation. STEN is about building a stronger, more connected community, fostering direct, meaningful interactions between creators and viewers. As a forward-thinking platform, STEN is poised to adapt and grow with the evolving needs of the digital content landscape. Join the STEN revolution and be part of a new era where creativity thrives, communities grow, and everyone wins. Don't just watch the future of content creation—be a part of it with STEN coin!
The market for video streaming platforms like YouTube and Twitch is both vast and rapidly expanding. With a current market size of over $80 billion and projections to reach over $330 billion by 2030, these platforms are at the forefront of the digital entertainment revolution. Their growth is fueled by technological advancements, changing consumer preferences, and innovative content delivery, positioning them as central players in the future of media and entertainment.
Reward your most loyal fans instantly and directly. Build a dedicated community that supports you, not the middleman.
Say goodbye to hefty platform fees! With STEN, creators keep almost all of their revenue, putting more money in their pockets.
Break free from the constraints of ad revenue and platform algorithms. STEN provides financial independence, allowing you to focus on what you do best—creating amazing content.
No more geographical or financial barriers. STEN allows you to connect with fans from all over the world effortlessly.
The Stream Earnings Network (STEN) represents a groundbreaking initiative poised to transform the digital content ecosystem. By leveraging blockchain technology, STEN facilitates a decentralized, peer-to-peer platform that removes intermediaries, enabling direct and enriched interactions between content creators and their audience. This white paper elucidates STEN's mission, technology, extensive benefits, and strategic roadmap, highlighting its potential to revolutionize content monetization and viewer engagement.
The digital content creation landscape faces significant challenges, including intermediary fees, restricted engagement, and accessibility barriers. STEN addresses these issues head-on by offering a blockchain-based solution that empowers creators and viewers, fostering a community where direct support and engagement are not just possible but encouraged.
The streaming platform business is a massive and rapidly growing industry. Valued at over $80 billion in 2023, it is expected to grow to over $330 billion by 2030. This growth is driven by advancements in technology, increasing consumer demand, and expanding monetization opportunities for content creators. As more people turn to digital platforms for entertainment, education, and social interaction, the potential for content creators to reach global audiences has never been greater. However, the current ecosystem is fraught with challenges that limit the potential of both creators and viewers.
Content creators on platforms like Twitch and YouTube face significant financial barriers due to high fees and commissions. For instance:
- Twitch: Takes 50% of subscription fees and ad revenue, and 40% from Bits.
- YouTube: Takes 45% of ad revenue, 30% of membership fees, Super Chats, Super Stickers, and a percentage of merchandise sales.
These intermediaries take a substantial portion of creators' earnings, limiting their financial potential and stifling their ability to innovate and produce high-quality content.
Traditional platforms offer limited opportunities for viewers to directly support and engage with their favorite creators. The intermediary-heavy model dilutes the value of viewer contributions, reducing the overall satisfaction for both creators and their audiences.
Currency exchange issues and banking restrictions prevent global participation, limiting the reach and support network for streamers. This barrier affects the growth and sustainability of creators, particularly those looking to expand their audience internationally.
STEN introduces a cryptotoken on the Solana blockchain, providing a decentralized, peer-to-peer platform that addresses these challenges. Our goal is to bring 50% of the STEN tokens to the market, with 30% allocated to investors and creators, who will each receive 10%. The remaining 20% will be held off the market initially, to be gradually sold as the market price increases, funding the development of our digital platform.After launching STEN to the market, we burned the liquidity that came with the 50% market release. All creators and investors have committed to holding their 10% allocation for at least two years. This ensures a stable and committed community foundation.
Our vision is to create a world where content creators can thrive without financial barriers, and viewers can engage and support their favorite creators directly and meaningfully. We aim to establish a decentralized, transparent, and inclusive ecosystem that redefines the economics of digital content creation.
Our mission is to empower content creators by providing them with a fair and sustainable monetization model and to enhance viewer engagement by offering meaningful rewards for participation. We are committed to leveraging blockchain technology to eliminate intermediaries, ensuring that the value generated within the streaming ecosystem is shared equitably among its participants.
As the market value of the STEN token increases, we will sell small portions of the remaining 20% of the tokens to fund and develop our digital platform. This platform will facilitate seamless interaction with the STEN token, providing creators and viewers with an integrated environment for content creation, support, and engagement. Our platform will feature minimal transaction fees, significantly lower than those on traditional platforms like Twitch, ensuring that the maximum value is passed on to the creators and their supporters.
In line with our commitment to transparency, all transactions and data related to the STEN platform can be verified through the blockchain explorer. We strive to maintain the same level of openness and trustworthiness in all our operations, reflecting the transparent nature of the STEN platform itself.
We invite you to join us in revolutionizing the digital content creation landscape. Whether you are a creator seeking financial independence and creative freedom or a viewer looking to support and engage with your favorite streamers in new ways, the Stream Earnings Network (STEN) offers a groundbreaking platform designed to meet your needs.Together, we can build a more connected, equitable, and thriving community for all. Welcome to the future of digital content creation. Welcome to STEN.
This white paper serves for conceptual and informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities in STEN or any related entity. As a startup initiating with a cryptotoken, engagement with STEN involves inherent risks. The STEN tokens are designed for utility within the proposed ecosystem and are not intended for speculative investment. Potential participants are encouraged to consult with financial and legal advisors before considering engagement with the platform.
It is important to note that the Stream Earnings Network (STEN) as described herein is currently in the ideation phase and needs to undergo thorough validation to be developed into a working concept. The effectiveness, feasibility, and potential impact of STEN as a revolutionary cryptocurrency platform for streamers and their communities are subject to further research, development, and testing. All stakeholders and interested parties should be aware that the concepts and functionalities proposed are aspirational and may evolve as the project moves from ideation to conceptualization and beyond.
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