Their github page announces it as "Decentralized trustless video streaming using bitcoin payment channels."
https://github.com/streamium/streamium
Also: from the autor website: "Streamium: A proof-of-concept trustless decentralized solution for streaming video via WebRTC by establishing a payment channel between the service provider and the consumer."
And another site using bitcoins to unlock content: https://popchest.com/
A combination of both is what I'm interested in as an application. One of the (many) applications running on the SPR Service Node Network and contributing value (residual income) in addition to the SPR rewards
Yes that would be awesome, but also a ton of work.
But we have time!