Hello Guy's. Today I'm going to introduce to you about Another promising ICO project Streamity. Streamity is an exchange based project providing widespread services with the main aim of ensuring enough people get on the beneficial cryptocurrency train whilst indemnifying them against potential risks and fraudulent tendencies associated with regular crypto assets ownership and exhange. The basic problem encountered by a crypto investor or trader during exchange of fiat to crypto assets is the underlying high commission fees. The regular exchanges hike their commission fees as a justification for the volatility of the crypto market structure and not wanting to incur losses which is accepted by everybody with open arms under the guise of peer-to-peer network, but with streamity it would be made better.
What is Streamity?
Streamity project appears to be a multifunctional distributed exchange which is designed to increase transaction speed to almost instant. The new platform is a very specific type of exchange that operates using Smart Contracts. Their hope is to eliminate the common issues related to moving cryptocurrencies around and then exchanging it for a fiat currency that you can then use in the real world. Streamity will allow the buying and selling of cryptocurrency without charging users any commissions while securing better profits for the users.
About Streamity
The Streamity project focuses on the creation of robust cryptocurrency exchanges that cover a wide range of services and ensure the benefits of the development of the cryptocurrency market, while avoiding the complications and risks arising from cryptocurrency ownership, transfer, and exchange.
Strong StreamDesk aggregators that ensure the exchange of cryptocurrency for fiat currencies under smart contracts without intermediaries is a key element of the Streamity project. The StreamDesk prototype represents a key concept of service (available online).
Mission
We give priority to users and society. Our mission is to contribute to the development of crypto community security.
We will develop a fair and completely transparent StreamDesk service for cryptographic exchange for fiat currencies without intermediaries, which will save you money, and will protect our users against cheating, very common in this smart contract market.
The Advantages of Streamity
Of course, there is also going to be an additional advantage connected to the commission that has to be paid since they are running on that decentralized base with this reducing costs and lowering the rates. In general, the commission rates will never go as high as 2% for the exchange with the majority being significantly lower. This is certainly favorable compared to other exchanges, and this in itself could work to the advantage of the exchange.
Streamity Road map are Clear
ICO Details of Streamity
There is a unique token designed for the streamity platform on the Ethereum blockchain which would be the basic unit of the ecosystem and would be the means for all payments of fees on the platform. The token would be referred to as STM. There is an ongoing sale of STM.
Total supply of STM: 186,000,000 tokens.
Price: The cost of one token is priced
at 0.20 USD
Pre-ICO target: 20,000,000 STM
ICO target: 110,200,000 STM
STM are available for sale for BTC, LTC ETH, ETC, USD, EUR.
STM will be transferred
to users' accounts after the second stage of the ICO.
The minimum transaction amount in ETH: 0.1 ETH
Bonus and rewards : Yes.
KYC/Whitelist : Yes.
The platform’s in-house services will evolve to create an influx of new users, and new users will definitely bring the opportunity to create a steady demand for STM tokens in the future. As the demand for these native tokens is likely to remain high, their value won’t be negatively affected. All unsold tokens will remain in reserve with Streamity's project founders.
Fund Distribution:
- The Huge one 70% of the budget will be allocated to the Participants of token sale.
- 24% of the budget will be allocated to the Streamity Team.
- 4% of the budget will be allocated to Bounty Program.
- And the Last one 2% of the budget will be allocated to the advisors & partners.
Token Allocation:
- 40% of the token will be allocated to product Development.
- 20% of the token will be allocated to marketing sectors.
- 25% of the token will be allocated to Reserve capital.
- 10% of the token will be allocated to Audit & finance.
What exactly StreamDesk is?
StreamDesk is the P2P platform crucial to Streamity. It is the key element of the Streamity project. Both of the parties are individuals, in this platform. There is no comparison among StreamDesk and traditional financial institutions such as banks or stock exchanges, as fiat currencies are transferred directly between individuals. To identify customers, users will have to provide a number of personal documents:
- The team working on Streamity will require a copy of the front page of a user’s international passport or driver’s license. The core development team will therefore know the user’s full name, nationality, and other important details.
- The platform’s users will also need to submit a utility invoice, such as a telephone or gas bill. The users can even submit their bank statements.
- The user will need to submit a copy of any of the bank cards she/he is using for transactional purposes.
- The user will have to provide a selfie in which her/his face and passport are clearly visible.
- The KYC team will also need the platform’s users to submit copies of other personal documents.
Summarizing of Streamity:
It’s true that there are many crypto exchanges in the market today, but Streamity is different because it is prioritizing security and decentralization above everything else. Plus, if Streamity’s StreamDesk really does what it promises on paper, then this project is destined to be successful.
The team behind of this project looks great. They also have experience in blockchain technology and in producing tech startups, so this will also provide some confidence that the ICO, and project in general, may very well become a success. I have a strong belief that the team will deliver us their service which they laid out in their whitepaper perfectly.
For more information, you can visit Streamity's official site and read their whitepaper, learn about the team. The links can be found below:
Author's BitcoinTalk username: Aish Aisa Khan
Website: https://streamity.org
Whitepaper : https://streamity.org/uploads/docs/en/Whitepaper_Streamity_en.pdf
ANN Thread : https://bitcointalk.org/index.php?topic=2519489
Facebook : https://www.facebook.com /
Twitter stream : https://twitter.com/streamityorg
Author's Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=2091786
Author's Telegram ID: @aishaisakhan