Blockchain and Smart Contracts open many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc.
As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
Today, among other problems such as the lack of payment guarantees or the need to support multiple payment gateways to have more effect, the commission on streaming platforms can reach 10%. For this reason, I want to introduce DeStream (DST) (https://destream.io/), the first blockchain platform that aims to reduce this number of fees to 0.77% and thus increase the revenues of the streamers.
In more detail, DeStream (https://destream.io/?referralId=e84788e9e9e15b4590886d2454e47e499a) is the first decentralized global financial ecosystem for streamers. By establishing an innovative platform, DeStream will act as an ecosystem for streamers. The use of blockchain technology will allow them to reduce transaction fees by more than double. In addition, decentralization will make it possible to exclude payment systems from the process and reduce numerous transaction costs. In this way, DeStream will improve the quality of the content and allow streamers to focus on creation, rather than on operational activities.
The main objective of the DeStream project is to establish a decentralized global platform for the streaming market, which will allow streamers to maximize their productivity, diversify their activities and secure initial capital.
DeStream will be integrated into all existing popular streaming platforms. For example, it will connect to Twitch or any another platform in a few clicks. Users will not have to worry about connecting payment systems, since all funds in a single wallet. The platform will offer a single point of access for streamers / viewers / advertisers with a significant reduction in transaction costs. The possibility of paying for the services of the streaming platform directly through DeStream and the use of a single overlay hub will also be important revolutionary benefits of this platform. In addition, DeStream will offer the possibility of creating individual intelligent contracts with unique algorithms for advanced users, which simplifies the creation of intelligent contracts. It could facilitate the management of relations between advertisers and streamers through intelligent contracts, while maintaining the balance between the revenues of the streaming platforms and a large number of integrated services.
The project gives the opportunity to earn DeStream Tokens performing some social media tasks and doing simple steps from the bounty program of Bountyplatform , all explained in the Bitcointalk Webpage here (https://bitcointalk.org/index.php?topic=4714867), where you can access the link in order to see what are the conditions to become an early DST contributor and start acquiring tokens. For more information about the project, you can visit and read their WhitePaper available here (https://destream.io/media/1102/whitepaper_en.pdf). You can also stay tuned in their official Telegram Channel (https://t.me/DeStreamEN). I hope you liked the post and soon I'll send you new ones.
The main functionalities are the following:
- Make a donation
- Obtain digital goods and services
- Get rewards from advertisers
- Get any product at affiliated stores
- Get access to large data analysis
- Pay for ecosystem services
- Perform internal operations p2p
Bountyplatform email: email@example.com
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71