The problem occurs because the rapid expansion of cryptocurrency has led to the absence of legislation. This issue accelerated the creation of platforms, which misconduct in a way that hinders the opportunities of users to gain profit from trading crypto coins. All these portals are using centralized systems, this fact gives an explanation of how to fix this problem. One project called Streamity decided that society needs a decentralized platform, where crypto traders could exchange coins directly.
What is Streamity?
The core idea of this project is the construction of an influential cryptocurrency exchange platform that could distribute an extensive variety of supplies. The team's aim is to establish such a system that could protect traders and assure that they could gain a chance to prosper from the improvements of crypto-market. At the same time, it has to diminish emerging dangers provoked purchasing, trading or holding crypto coins.
The concept of Streamity relies on the belief that only a decentralized system can empower people with an ability to freely and securely administrate their earnings. A decentralized ecosystem based on a blockchain mechanism eliminates the intrusion of third parties thus minimizing the fees and risks of losing personal info which could be sold to harmful parties.
How Streamity works?
The core feature of Streamity is a special Streamdesk program. It operates as a safe ecosystem that uses smart contracts for the exchange of crypto coins to fiat currency. The model of this program can be found online by those who want to test it.
Streamdesk can guarantee the finest exchange of crypto coins by collecting market cap and price data from the utmost influential crypto-exchange platforms. Thus traders can receive accurate info concerning crypto coins cost — this can diminish the probability of exchange rate manipulations.
Other features provided by this exchange platform are: it can help in constructing educational structured sets of data, creating and managing resources, it will provide users with breaking news concerning crypto coins and investment opportunities etc.
In order to use Streamdesk program, the purchaser needs to select a convenient order from the available list. When the order is accepted, the crypto-coin is “blocked” by a smart contract. Then the purchaser can directly send money to the seller in order to receive crypto coin — purchaser can choose the most convenient for him a method of payment.
All types of payments will be made with an internal currency called Streamity token (STM) Tokens will be circulating on the Ethereum blockchain. The initial price of a token is $0.20 (USD).
Such participants, as investors and interested individuals, may benefit from holding STM tokens:
Those, who invest in cryptocurrencies, can prosper from trading Streamity tokens via other markets.
Ordinary users that are interested in crypto trading can purchase STM tokens via special discount programs.
In order to ensure that no funds collected with the help of criminal schemes are distributed through the Streamity platform, entity became a member of KYC law. This means that if an entity that looks suspicious thus there is a danger that it uses illegal funds, the platform may ban this entity so it won't exploit the system.
About Streamity ICO:
Token Sale Phase 1:
Start Date: 12.03.2018
End Date: 26.03.2018
Main Sale Token Price: 1 STM = 0.2 USD
Phase 1 Tokens Available: 100 millions STM
Discount:
Day 1: 20%
Days 2-14: 15%
Contributable currencies: BTC, LTC, ETH, ETC, USD, EUR
Token Sale Phase 2:
Start Date: 16.04.2018
End Date: 29.04.2018
Main Sale Token Price: 1 STM = 0.2 USD
Phase 1 Tokens Available: up to 20 millions USD (Hard Cap)
Discount:
Days 1-14: 10%
Contributable currencies: BTC, LTC, ETH, ETC, USD, EUR
Tokens Distribution and Allocation:
Team:
Advisory Board + Partners:
RoadMap:
Summary
A vast variety of crypto coins exchanges are currently operating in the digital economy. Still, none of them are obsessed with providing safety for its users. Streamity tries to change this situation. The main idea of this project is to construct a decentralized, based on a blockchain technology crypto coin exchange platform, which at the same time could empower its users with the ability to directly exchange crypto money and could arrange protection while the exchanges are made.
For more information about LocalCoinSwap Project please visit:
Official Website: https://streamity.org
WhitePaper: https://streamity.org/uploads/docs/en/Whitepaper_Streamity_en.pdf
Facebook: https://facebook.com/streamity
Twitter: https://twitter.com/streamityorg
Instagram: https://instagram.com/streamity
Youtube: https://www.youtube.com/channel/UCOXe_JuM-loN7nKPkh-4TBg
Telegram: https://t.me/streamity
Medium: https://medium.com/@streamityorg
LinkedIn: https://linkedin.com/company/18305291/
Github: https://github.com/streamity/stm-smartcontract
ANN Bitcointalk: https://bitcointalk.org/index.php?topic=2519489
Bounty Bitcointalk: https://bitcointalk.org/index.php?topic=2906478
CoinMarketCap: TBA (now on ICO stage)
About Author:
Twitter: https://twitter.com/ractolechoc5
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1110462
ETH: 0x5D5250FBd5b63E8E6694Ee77eD26699595F6a117
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