DESTREAM - The First Decentralized Global Financial Ecosystem For Streamers

johnthedon

PRESENTATION

A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, DeStream, who is developing a decentralized financial ecosystem for the streaming market has arrived.

Before I take you on this voyage, please check out this video presentation

Now that I have your attention, let’s get right to it.

What exactly is DESTREAM?

The DeStream platform was created as an infrastructure project that would simplify the process of creating content, interacting with viewers and financial transactions and it will become an integral part of the market. The aim of the DeStream platform is to make the lives of streamers, viewers, and business easier with the help of the new innovative global ecosystem. The platform is even transforming this segment of the economy and taking it to a new stage of development. The possibilities of DeStream are endless. The aim of this project is to establish a decentralized global platform for the streaming market that will allow maximizing the productivity of streamers, diversifying their activities and securing start-up capital.

Furthermore, DeStream is an ecosystem that provides enormous opportunities for integration of streaming platforms, their development, and the extension of their functionality, which can almost completely provide the day-to-day professional needs of the streamer, including quick profit. To further summarize this, the DeStream platform is a superstructure over existing streaming services, adding new interactivity with viewers and a financial tool for donating and paying for services inside the ecosystem.

DeStream was conceived as a global system for the streaming market using the DST token. Destream has the following qualities - Scalability; High-speed transaction processing; Flexible support of smart-contracts and oracles; Safety; High availability. The utility of the DST token will be in these areas – for donations; To pay the platform Commission for executing transactions; buy digital goods; a reward from advertisers; To purchase goods in authorized affiliate shops; To gain access to big data analytics; To pay for the services of the platform (marketing, making the streams more attractive, etc.); and To perform internal P2P operations.

The platform will actively support young and forward-looking Streamers. All streamers, regardless of the kind of activities, will benefit from the use of the platform. The platform will implement a range of tools for the interaction of the streamer with his viewers, developed with the help of professional streamers, visionaries, and psychologists. Streamers will be able to perform various activities to maintain viewers’ interest and increase funds.

The Goal

The main goal of the DeStream project is to build a decentralized global platform for streaming markets that will enable to maximize ribbon productivity, diversify their activities and secure start-up capital.

They are building an innovative platform that will become an ecosystem for streamers. The use of blockchain technology will allow to reduce transaction costs by more than doubling. Due to decentralization, they will exclude payment systems from the process and reduce much transaction costs. As such, they will improve the quality of the content and the streamer will be allowed to focus on the creation, not the operational activities

The Problems

Many of those centralized solutions are faced with problems, and due to the young age of the sector, there hasn’t been much time for competition to develop. Patreon and Flattr take more than 10% away from each creator’s donations in fees and processing.

YouTube’s and Twitch’s in-house solutions also charge hefty fees and more-over lack worldwide availability. Some creators have thought of turning to cryptocurrency, but the issue with this aside of adoption lies in the fact that a subscription-based model with crypto hasn’t proved hard to develop.

DeStream: A Decentralized Platform for the Streaming Industry

The many problems creators in the streaming industry are exactly what DeStream seeks to address with its platform. The project’s team aspires to build a feature-rich platform to receive donations on low commisions by utilizing decentralization and blockchain technology, also creating a robust and censorship-proof platform in the process.

The Proposed Solution

The project’s ideology presented in two or three phrases is as follows: DeStream intends to create a hub which would allow the donors to continue paying in any format convenient – meaning currency, payment system and jurisdiction, while streamers receive all the proceeds in a unified format (internal DST tokens) on a unified wallet, same for all platforms the streamer operated and all transaction he or she receives;

Consolidated accrued funds are free to be withdrawn into fiat, sold for other crypto currency, or spent for goods and services available from DeStream partner.

Scheme of Work

TECHNOLOGY

The advantages

DeStream platform guarantees a fixed transaction fee of 0.77% of a transaction amount. To date, no payment service is working under these conditions.

Artificial intelligence, which is the basis of Destream, has justified itself and provided its users with the opportunity to work on several tasks at once through patented algorithms. Designers meet the latest requirements in the field of advertising and are constantly updated by the creators.

Work on the platform is carried out through a multicurrency wallet, where both cryptocurrencies and fiat money are accepted as payment and exchanged at a favorable rate into DST platform tokens.

Destream platform is also beneficial for advertisers. With its help, an advertiser will be able to analyze the profitability of advertising, the effectiveness of its content and the level of return from its placement.

The platform is developed with the use of smart contracts and guarantees the transparency of all transactions, the security of their performance and a low commission.

Destream platform token is used to purchase digital goods and services between a customer and a streamer, and to pay for additional functions on the platform.

Token Details

Symbol: DST

Platform: Ethereum (for ICO), Stratis (for the platform)

Total Supply: 1,000,000,000 (1 billion)

CROWDSALE INFO:

Private round until July 15th

Stratis Crowdsale July 15th - August 1st

Crowdsale August 1st - September 30th

Soft cap $5,500,000

Hard cap at $12,000,000

Target cap aimed at $9,000,000

Token price: 1DST = $0.006