STREAM ICO - Should you invest?

Stream, a major venture-backed video content sharing platform has taken on substantial funding prior to their upcoming ICO.

As revealed today, Stream's funding round was led by Pantera Capital. Other notable investors include Blockchain Partners Korea, Coinfund, Fenbushi Capital, FBG Capital, Inblockchain and ZhenFund. Individual investors such as Jed McCaleb (founder of Stellar) TechCrunch founder Michael Arrington also participated.

Stream is basically being positioned as a more democratic form of YouTube. The emphasis in this case being on a decentralized content creation and sharing ecosystem based on a robust blockchain. This a direct shot across the bow at Google, Vimeo, Twitch, and to a smaller extent, Steem.

Instead of an advertising and data-harvesting model such as the type espoused by YouTube (Google), Stream will work on a micropayment and sharing model similar to Steemit. Supposedly, Stream will not be limited to a single cryptocurrency and will purportedly be built on a extremely robust, media-friendly blockchain.

This may have been tried before, but the composition of the team and investors tells me that this ICO may be one of the new class that has a very direct linkage to monetization. That should make it worthy of consideration for investors either participating in the ICO or after the first post-pump fall.

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DISCLAIMER: These are my opinions and not to be construed as investment advice. All investments in crypto carry substantial risk and should only be undertaken with money that you can absolutely afford to lose. Consult your investment adviser and/or significant other before making any investment in anything.