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Following perhaps the most important year for cryptocurrency to date, the first month of January is already seeing some exciting movements in the industry. One event has caught the eye of crypto investors – the initial coin offering (ICO) of Stream Coin (STRM).
Stream Coin will develop an all-in-one blockchain-based live streaming platform called MeiTalk that aims to launch later this year. The platform is deemed ‘all-in-one’ as it aims to integrate access for both streamings and viewing across into the MeiTalk platform, making it a universal hub for streaming content.
Most importantly, Stream will also have its own version of traditional donation systems (such as Bits on Twitch) in which live streamers can earn the STRM cryptocurrency through viewer donations. Loyal viewers, for their part, can be rewarded with STRM for watching ads in the middle of the live stream.
Furthermore, live streamers will be able to sell popular clips of their streaming footage as NFTs on the Stream NFT Marketplace.The ICO will represent 18.12% of the total STRM coin supply, and the sale will begin on February 1st 2022. Users will only be able to purchase a maximum of 11,110 STRM each, and at the ICO price of $0.9 per coin, this amounts to a total of $9,999.
Despite this limitation, there will be no minimum purchase in place for the ICO of STRM. Anybody who lives in a country where the purchase of cryptocurrency is legal will be able to benefit from the initial sale. As a special bonus, ICO investors who buy at least $50 worth of STRM will be entitled to join a referral program. They will receive a referral link that they can use to invite friends to invest in the ICO as well.
For every successful referral, they will get a 100% STRM bonus which will be credited to their wallet account.STRM will be listed across over 100 different cryptocurrency exchange markets. This is also expected to commence the circulation of the coin across Stream’s ecosystem. Any remaining coins from the ICO will be burned to manage a strict supply of the token.
Afterwards the company will burn the same number of tokens from its allocation.
ICO investors will be able to join the public sale using the following cryptocurrencies: BTC, ETH, USDT, BNB, BUSD, ABBC, CRO, OKB, FTT, KCS, GT, MEX, and ZB.
A lot of attention has been brought to the Stream Coin platform and its STRM cryptocurrency across the last year due to successful promotional marketing and presale campaigns. As a result, it is expected that the company’s strong reputation will result in a high volume of sales across the ICO period.
The official ICO sale can be accessed through this link.
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