JoyStream (TJOY)

What Is JoyStream?

Joystream is a decentralized platform for streaming and sharing video content governed by DAO. The main goal of Joystream is to focus more on content creators, creatives and also consumers. With fairer reward distribution, censorship resistance and immunity to interventions by global entities.

JoyStream Unique Features

Validators

They check the validity of new blocks, propose new ones and participate in the consensus process for committing new blocks to the chain in the PoS.

Council Members

Participants in the voting process — they vote for new proposals. Council Members are voted for a limited period.

Storage Providers

Videos, images and other content media are not stored on the blockchain due to the amount of data. Storage and distribution nodes take care of those. The main role is here for Storage Lead, who is voted by Council and takes care of hiring, firing and management of Storage Providers.

Content Curators

Monitoring newly published content, verification of data validity and ownership. In their heart could be elected Content Curator Lead, who then hire other Curators.

Content Creators

Crucial position within the Joystream. Content Creators make and publish new content on the platform and monetize it.

Roadmap

TBA

JoyStream Token Economy

Payment

JOY tokens will be used for payment on the platform and beyond.

Staking

For earning the rewards, users must stake some amount of JOY tokens to be able to participate on the platform. Those funds may be slashed if users misbehave.

Governance

Voting in DAO is an important role of the token holders.

Detailed Token Metrics

TBA

Token Distribution

When the Joystream system will start, tokens will be allocated this way. Then other tokens will be minted every block.

• 50% Team + Investors
• 30% Future Community Members
• 20% Early Community Members

Token Release Schedule

TBA

Partners & Advisors

TBA

Team Members

Token Sale Pages

Updating

Investors

BITMain, DIOITAL CURRENCY GROUP, Startup Lab, Boost VC