Systems and methods for an online media marketplace
Systems and methods for a comprehensive online media marketplace are provided that increase the efficiency of media sharing between consumers and content producers. In one embodiment, a method comprising streaming media content from a streaming platform to a consumer device, creating a stream report for the media content based on a smart contract associated with the media content, wherein the smart contract identifies a media content producer of the media content, recording the stream report on a blockchain, issuing tokens based on a pre-determined rate of inflation, and distributing a portion of the tokens to the media content producer based on the stream report.
1. A method comprising:
streaming media content from a streaming platform to a consumer device;
measuring a duration of a stream of the media content to the consumer device, wherein the duration corresponds to an amount of time that the media content is actively provided to the consumer device;
creating a stream report for the streamed media content based on a smart contract associated with the media content, wherein the smart contract identifies a media content producer of the media content and wherein the stream report includes the duration of the stream of the media content to the consumer device, wherein the stream report comprises streaming information for the consumer device compiled over a period of time, the streaming information including one or more of:
a title of the media content streamed,
a total duration for which the media content was streamed, wherein the total duration corresponds to a total amount of time that the media content was actively provided to the consumer device during the period of time,
a consumer identity associated with the stream, and
the media content producer of the media content;
recording the stream report on a blockchain;
issuing tokens based on a pre-determined rate of inflation, wherein the pre-determined rate of inflation indicates a rate of increase over a period of time of a total number of issued tokens; and
distributing a portion of the tokens to the media content producer based on the stream report, wherein distributing the portion of the tokens to the media content producer based on the stream report comprises distributing the portion of the tokens to a wallet address of the media content producer, wherein the wallet address of the media content producer is included within the smart contract.
2. The method of claim 1 , wherein distributing the portion of the tokens to the media content producer based on the stream report comprises determining the portion of the tokens based on the duration of the media content.
3. The method of claim 1 , wherein the tokens comprise digital assets maintained on the blockchain.
4. The method of claim 3 , wherein the digital assets comprise a smart contract exchangeable for a fixed amount of fiat currency.
5. The method of claim 1 , wherein recording the stream report on the blockchain comprises adding the stream report to a block of the blockchain, and publishing the block to the blockchain.
6. The method of claim 5 , wherein the stream report is one of a plurality of stream reports, and wherein the plurality of stream reports is added to the block.
7. The method of claim 1 , wherein the pre-determined rate of inflation is determined by vesting token holders implementing a consensus algorithm.
8. The method of claim 1 , wherein the portion of the tokens is a first portion of the tokens, the method further comprising:
distributing a second portion of the tokens amongst a plurality of vesting token holders and a plurality of block producers.
9. The method of claim 8 , wherein the first portion of the tokens comprises a plurality of stable tokens, and wherein the second portion of the tokens comprises a plurality of utility tokens.
10. A system comprising:
a remote server communicatively coupled with a consumer device and a media content producer device for receiving and storing media content uploaded from the media content producer device and delivering the media content to the consumer device, the remote server comprising computer readable instructions stored in non-transitory memory for performing operations, the operations comprising:
streaming media content to a consumer device;
measuring a duration of a stream of the media content to the consumer device, wherein the duration corresponds to an amount of time that the media content is actively provided to the consumer device;
creating a stream report for the streamed media content based on a smart contract associated with the media content, wherein the smart contract identifies a media content producer of the media content and wherein the stream report includes the duration of the stream of the media content to the consumer device, wherein the stream report comprises streaming information for the consumer device compiled over a period of time, the streaming information including one or more of:
a title of the media content streamed,
a total duration for which the media content was streamed, wherein the total duration corresponds to a total amount of time that the media content was actively provided to the consumer device during the period of time,
a consumer identity associated with the stream, and
the media content producer of the media content;
recording the stream report on a blockchain;
issuing tokens based on a pre-determined rate of inflation, wherein the pre-determined rate of inflation indicates a rate of increase over a period of time of a total number of issued tokens; and
distributing a portion of the tokens to the media content producer based on the stream report, wherein distributing the portion of the tokens to the media content producer based on the stream report comprises distributing the portion of the tokens to a wallet address of the media content producer, wherein the wallet address of the media content producer is included within the smart contract.
11. The system of claim 10 , wherein distributing the portion of the tokens to the media content producer based on the stream report comprises determining the portion of the tokens based on the duration of the media content.
12. The system of claim 10 , wherein the tokens comprise digital assets maintained on the blockchain.
13. The system of claim 12 , wherein the digital assets comprise a smart contract exchangeable for a fixed amount of fiat currency.
14. The system of claim 10 , wherein the pre-determined rate of inflation is determined by vesting token holders implementing a consensus algorithm.
15. The system of claim 10 , wherein the portion of the tokens is a first portion of the tokens, and wherein the operations further comprise:
distributing a second portion of the tokens amongst a plurality of vesting token holders and a plurality of block producers,
wherein the first portion of the tokens comprises a plurality of stable tokens, and wherein the second portion of the tokens comprises a plurality of utility tokens.