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One approach to implement effective watermarking in a streaming application without using intricate tools is to use simple text-based watermarking techniques. This involves adding a textual watermark to the video or audio stream that identifies the source of the content.

The watermark can be added in various ways such as embedding it into the bottom corner of the video, overlaying it on top of the video, or inserting it into the audio stream. The text watermark could contain information such as the source, date, and time of the content.

Another approach is to use a hash-based watermarking technique. This involves generating a unique hash value for each piece of content and adding it to the metadata of the stream. This can be done using a simple algorithm such as SHA-256. The hash value can be verified at the receiver's end to ensure the authenticity of the content.

Both these techniques can be implemented easily without the need for intricate tools and can provide effective watermarking for streaming applications.