With the advent of the increasing popularity of bitcoin and blockchain technology, the concept of decentralization has intrigued many new investors into this field. Myself, among perhaps many others, is guilty of being a late bird to this market. Regardless, it is undoubtable that today, cryptocurrency and it's potential applications of blockchain technology, and financial incentives are being realized. When integration occurs in due time and cryptocurrency is able to be finalized into a product with utility - the ability of use for practical reasons - there may very well be an overwhelming response of support.
Streamity is a peer 2 peer project that aims to not only just be an exchange (a medium in where one may purchase coins with fiat USD and converting the coins purchased into BTC, ETH, etc) but also a community effort which may potentially include educational and advisory resources such as : "market review, market (collects information from the main exchanges and generates average cryptocurrency exchange rates), news, ideas, blogs and articles prepared by the authoritative traders and analytics of the community, knowledge base, where one can write articles for the STM tokenrewards, investment statistics with analysis, graphics, details of transactions), ICO calendar with recommendations, where users can write conclusions, opinions and recommendations on projects for the rewards" source: https://streamity.org/uploads/docs/en/OnePage_Streamity_en.pdf
The full wallpaper consists of 41 pages which can be found here with details of it's ICO program, road map, a KYC program (know your customer) which will require verification of one's identity. and many other details: https://streamity.org/uploads/docs/en/Whitepaper_Streamity_en.pdf
While presently, there are many exchanges available, Streamity's platform sum up how they are different:
"In contrast to our competitors, STREAMITY is the first P2P platform ready to protect transactions with smart-contracts."
The token will be called: Streamitytoken (STM) built of the Etherium network where the max supply will be given as 186,000,000 tokens . The initial pricing appears to be 0.20 USD and the minimum purchase of this ICO will be 0.1 ETH. Furthermore, the development team behind this project can be found in their website. According to their site, Streamity PTE. LTD., incorporated is based on Singapore. https://streamity.org/#team
What I like about this company is that the amount of effort and transparency that has been given so far. A clear picture of the development team, a 41 page whitepaper, and the concept of allowing a community to provide their raw insight on a myriad of topics seems interesting at a cursory glance. My understanding of this company however is rudimentary as I have not admittedly read all 41 pages of their whitepaper so far upon publication of this article. However, given the initial impression of this company, I believe they have potential. As always, any investment into the cryptomarket carries its associated risks and therefore, one should do his/her own research as well. I do encourage people to check out this platform with their own opinion. If successful and confidence in this community p2p project is supported with both from funding and real-time feedback from the developers, it may indeed grow to be a beautiful project.
Thank you for your time and I hope this information was relevant or at least interesting to you. This article is for: streamity2018
The writing prompt for this contest can be found here: https://steemit.com/cryptocurrency/@originalworks/100-steem-submission-bonuses-sponsored-writing-contest-streamity
This post has been submitted for the OriginalWorks Sponsored contest!
You can also follow @contestbot to be notified of future contests!