Destream: The First Decentralized Global Financial Ecosystem for Streamers.
4.5/5 – Excellent
Destream has its focus on the global streaming market. A system made for streamers that include gamers, and non-gamers such as musicians, writers and other similar artists. It is geared towards those who deliver creative content through internet and streaming. Destream aims to be the first decentralized global financial ecosystem for streamers.
Their project addresses problems that streamers encounter on current platforms. One that is worth noting is their aim to decrease transactions costs on donations. The decentralized system and blockchain technology can lower commission rates.
Destream also makes use of Big Data Analysis to create an algorithm that automatically allows advertisers to select a streamer most suitable for delivering advertisement and their target audience. Smart contracts can aid both parties in settling terms and conditions easily.
It also mentions the possibility of serving as a marketplace for virtual goods that allows trading between parties using cryptocurrency due to its flexibility on conversion on any money.
Compared to existing streaming tools, Destream offers a system with a variety of features to conveniently allow audiences, streamers, and advertisers connect in a simplified process.
5/5 – Perfect
Destream’s team speaks of the project itself. Although their names are not renowned, their achievements in their respective fields are notable. Tagline agency includes one of their founders in their top 50 most influential people in the web development market. Their CEO developed his own IT Company that specializes in complex development that includes blockchain technology.
Other members that compose the team have more than 20 years in experience in software technology, decent knowledge in business development and financing, and extensive expertise in e-sports and gaming industries.
Overall, the team has the right composition to where it’s headed.
3/5 – Good
DeStream Tokens or DST serve as the currency of the system and can be used in a variety of transactions like donations, purchase of in-game goods, digital or actual items or a pass to interact with a streamer’s poll votes. Since they are the base of exchange of funds, these tokens can be convertible to real money in your desired currency.
One DST costs $0.006.
Bonuses are mentioned starting at 25% on August 1st to 15th that gradually decreases over the course of a week as Destream releases a total of 6,000,000,000 DST tokens.
2.5/5 – High Risk
The use of a new decentralized technology, especially on a stable platform, could gather a few issues. Since they introduced a new tech and involved money on both ends, security should be ideal.
Although blockchain technology is considered secure, the lack of evidence in their concept application could affect its introduction to their target audiences and might take a more prolonged exposure before accepted in the community.
Their large number of features on the platform can also lead to conflicts in later development. Prioritising a few of their goals during the development to address initial problems can give their timeline a boost.
4/5 – Pretty Good
Destream caters to the needs of streamers who have made a career out of streaming creative quality content on the internet.
The streaming industry continuously grows, and Destream’s data predicts that it could reach billions of revenue by 2020. With the influx of e-sports audiences that streams content every day, the amount is attainable. Their system provides many features that offer convenience among users, audiences, and advertisers.
It aids its users in their decentralized financial system that simplifies transactions through the use of DeStream tokens that offers a range of usage in the marketplace and streaming.
One of their goals includes the significant decrease in commission rates. Donations make up a streamers’ income and often come from different sources. Different sources mean different rates, and these rates could reach as much as 20%. With Destream, streamers can enjoy lower rates while accessing their funds in one location and flexible currency.
Their use of Smart Contracts provides a regulation in the relationship of streamers and advertisers to implement terms and conditions set by both parties.
Overall, Destream is convenient, flexible and innovative that has a clear path to its target audience’s needs.
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Convenient, flexible and innovative
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