DeStream is a project that will revolutionize the global financial system for streamers by improving their lives by keeping their commissions low and ensuring they have a convenient means of carrying out financial transactions. The project will not compete with other platforms like YouTube and Twitch hence no streaming site will be created.
Token symbol: DST Tokens
Token sale: Aug 1 – Sep 30
Price per token: 1 DST = $0.006
Total tokens available: 6B DST Tokens
Tokens available for sale: 3.6B DST Tokens
Soft Cap: $5,500,000
Hard Cap: $12,000,000
Streaming Market Today
The streaming market is one of the many products that emerged after the introduction of the internet. Currently, about 2.2 billion people around the world play video games on different platforms and gadgets. The market has experienced tremendous growth since its introduction a few years ago and reached a market capitalization of about $100 billion in 2016.
The gaming market is expected to continue growing in the coming years. Juniper Research Company projects that the turnover from the eSports and streaming sectors will reach over $3.5 billion by 2021. This means it will have doubled given that it was just $1.8 billion in 2016. Another report by Newzoo Company indicates that mobile-based gaming will increase at an annual rate of 19 percent and will exceed 50 percent of the global games market by 2020.
The Role Of Destream In The Gaming Sector
DeStream is expected to play an essential role in the gaming market. Financial transactions are only provided by electronic payment systems such as PayPal or banks that charge a high commission fee which even reaches 10 percent. DeStream will use blockchain technology enabling it to reduce the transaction cost by half.
Although the current sector allows the viewers to support streamers financially, cases of mismatch between the available payment methods and the one the users can access are common. The users of DeStream platform will use tokens making it easy for anyone to send or receive any funds regardless of their geographic location or preferred payment method.
Despite the fact that the current market allows the streamers to generate some income, the presence of many rules and restrictions make it hard for them to withdraw their funds with some systems taking 1 to 6 months. The use of tokens on DeStream will significantly reduce transaction time and allow streamers to access their funds faster.
Chargeback is another major challenge that the streamers have to deal with especially when dealing with unscrupulous viewers. DeStream will use smart contracts which will ensure that the streamer has access to any funds received and eliminate chargebacks.
The current system discriminates against lower ranked streamers by making it almost impossible for them to earn from advertisement. DeStream will provide each streamer with a specific marketplace allowing all of them to earn from advertisement.
DeStream on Social Media
DeStream is present in various social media networks such as Twitter, Facebook, and Telegram. The social media has enabled the company to reach more people around the globe. Prospective users and investors can interact with the company by asking any questions they may have about the project. The firm’s sales agents are always ready to respond and provide clarification on any issue.