STREAMITY — The Decentralised Cryptocurrency Exchange for the Blockchain Generation

in streamity •  7 years ago  (edited)

INTRODUCTION

Cryptocurrency  exchanges are in every way that really matters, the foundation of the cryptocurrency market. Evert tradable resource needs a market where it can be exchanged and that is the thing that these trades do, they encourage cryptocurrency  business by uprightness of their stages benefit arrangements. Inside the universe of digital currency trades, there are essentially two kinds of trade stage; centralized and decentralized.

Cryptocurrencies are predominantly obtained by purchasing it from cryptocurrency owners for fiat currency. Usually a digital currency exchange platform is used. Most of these exchanges allow cryptocurrencies to be purchased with fiat currency or other cryptocurrencies. Price quotations can significantly differ based on the platform used.

At STREAMITY, Believes in decentralization of cryptocurrencies. People should befree to manage their finances without any interference of third parties. The STREAMITY project embodies the idea of honest cryptocurrency exchange between individuals.  

WHAT IS STREAMITY 

Streamity is an innovative resource which is encompassing all aspects of blockchain technologies

Within this project we develop a decentralized P2P platform for cryptocurrency exchange and a powerful information portal, which includes educational, information-analytical and investment resources.

The STREAMITY project is focused on creating a powerful cryptocurrency exchange that includes a broad range of services. The goal is to ensure users can benefit from the developments in the cryptocurrency market, while mitigating risks arising from cryptocurrency ownership, transfer, and exchange. The key element of the STREAMITY project is the STREAMDESK aggregator. STREAMDESK ensures exchange of cryptocurrencies for fiat currencies using smart contracts. 

The STREAMDESK prototype is available on-line and represents our core concept. STREAMDESK will ensure the most secure and efficient exchange of cryptocurrencies by aggregating market capitalization and price data from major cryptocurrency exchanges. Thus, cryptocurrency rates will always be bound to its true market rate, and forprofit manipulation of exchange rates will be impossible. All fees are known in advance and will be transparent. STREAMDESK provides significant advantages to investors and users. There will be a clear display of relevant market data and its fees, coupled with a fair, transparent, and secure exchange.

MAIN FEATURES OF STREAMITY 

  • Smart Contract | this is a part and parcel of the Streamity ecosystem
  • Crypto-community freedom | Allows users to work legally in the most jurisdiction
  • Minimum commissions | user chooses transfer method himself, in most cases there will be no fees in fiat money. Fees in the cryptocurrency vary from 0 to 2%.
  • Simplicity and convenience | User-Friendly
  • Anonymous payments | Confidential transactions
  • Legality of operations | KYC Policy followed by Streamity
  • Fair Service 

  • The STREAMITY project is a one-stop shop for cryptocurrency services; 
  • The development of STREAMITY services, and the influx of new users, will create a strong and steady demand for STM
  • STM will be available on major cryptocurrency exchanges, allowing users and investors to trade instantly
  • Due to STREAMDESK's convenience, low commissions, and efficient market rates, STREAMDESK allows for economical conversion between fiat currency and STM; · The manipulation risk of STM rates is minimized due to its reserve fund; and 
  • Each user holding more than 1250 STM will receive a set of privileges, including lower commissions on the STREAMDESK platform

Thus, the STM ICO is valuable to the following market participants: 

  • Crypto investors may profit from selling STM in secondary markets or holding STM as a low-risk asset in their investment portfolios; and 
  • Interested users of STREAMITY's services can obtain STM at a discounted price. 

HOW DO WE DIFFER FROM OUR COMPETITORS

STREAMITY's competitors are primarily P2P cryptocurrency exchange services. As illustrated below, P2P solutions are far from being perfect:

Local Bitcoins is a bulletin board that matches interested parties in a specific country. First, this service supports only bitcoins; second, exchange rates are set by the users of the platform; and lastly, there is a lack of secure transactions. 

Changelly is a platform that supports a few dozens of cryptocurrencies. Although users can buy cryptocurrency for US dollars, they are not allowed to sell cryptocurrency for fiat money. Furthermore, the security of a deal is guaranteed only by the credibility of the team. This assurance is suspect, as the security technology is not transparent. 

Qvolta is a new service created in 2017 and have raised its funds via an ICO. To date, this platform is still in a “test mode”. Although this service states that customers can use different payment methods, it only supports Bitcoin and Ethereum.

HOW IT WORKS 

ICO STRUCTURE 

STREAMITY is raising funds to launch its STREAMDESK decentralized application (DAPP): a P2P cryptocurrency exchange platform. STREAMITY also plans to develop informational, analytical and educational investment resources for STREAMITY.ORG and its services.  

Token name. The key element of the STREAMITY ecosystem is the STREAMITY token (STM). STM constitutes the internal currency of the STREAMITY project. This means that payment for all project services will be made in STMs.

Number of tokens. STM will be issued on the Ethereum platform. The number of STM is hard-capped at 186,000,000 tokens. 

Start exchange rate. The cost of one token is priced at $0.20 (USD). Tokens will be distributed proportionately to investors' contribution during the ICO, subject to any premiums. The token price of ETH will be fixed an hour before pre-ICO/ICO, based on currency rates provided by the Poloniex exchange. ETH to USD exchange rates will be updated every hour. 

PRE ICO parameters:

Soft cap on PRE ICO:
*Start 12 March 2018 - End 25 March 2018

  1. Hard cap on PRE ICO: $2.8 million USD 
  2. The volume of PRE ICO sale: 20,000,000 STM 
  3. The volume of ICO sale: 110,200,000 STM 
  4. The ICO will be completed upon selling the aforementioned number of tokens. 

ICO Parameters Phase 2:
*
Start 16 April 2018 - End 29 April 2018

How to buy tokens. STM are available for sale for BTC, LTC ETH, ETC, USD, EUR. STM will be transfered to users' accounts after the second stage of the ICO. The minimum transaction amount in ETH: 0.1 ETH All unsold tokens will remain in reserve with STREAMITY's project founders. 

 DISTRIBUTION OF TOKENS 

25%-STREAMITY team. 

40% of the STREAMITY team's share will be held in reserve. This will be used to sustain the development of STREAMDESK service and maintain liquidity within the system. 

50% of the STREAMITY team's share will be held for one year, as stipulated by the conditions of smart-contracts. Also this share will be held until the launch of the STREAMDESK mobile application. 

10% of the STREAMITY team's share will be paid to staff as gratuities for their accomplished work. 2%- advisors and partners. Shares for STREAMITY's advisors and partners will be held for one year, as stipulated by the conditions of smart-contracts. 

ROADMAP


Link our Streamity :

Websitehttps://streamity.org/
Whitepapperhttps://streamity.org/uploads/docs/en/Whitepaper_Streamity_en.pdf
Facebookhttps: //www.facebook.com / stream
Twitterhttps: //twitter.com/streamityorg 
Telegramhttps://t.me/streamity
Githubhttps://github.com/streamity/stm-smartcontract
Ann Threadhttps://bitcointalk.org/index.php?topic= 2519489
Youtubehttps://www.youtube.com/channel/UCOXe_JuM-loN7nKPkh-4TBg
Mediumhttps://medium.com/@streamityorg
Linkedinhttps://linkedin.com/company/18305291/ 


Bitcoin profile : https://bitcointalk.org/index.php?action=profile;u=1770423;sa=summary
Erc20 : 0x6dAAda7710bA09c916bd4f40a7eB3ABef2F45dcc


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