StreamCoin (STRM) is a Binance Smart Chain-based governance token. Proof of Stake Authority (PoSA) consensus technique is used, a combination of Delegated Proof of Stake and Proof of Authority. On February 1st, StreamCoin began its ICO (initial coin offering) at a starting price of $0.9. StreamCoin is designed to enhance the live-streaming environment by introducing new innovative features.
NFTs may only be purchased using the StreamCoin token, making the Stream NFT Marketplace a vital aspect of the StreamCoin ecosystem. In addition, it provides the payment layer to conduct transactions while allowing users to mint video NFTs. TNC IT Group, a blockchain consulting business, has invested in StreamCoin’s corporate ICO. According to TNC IT Group, the recently finished STRM public auction saw them buy over 200 million STRMs.
According to the company, by raising more than $11.7 million in its three-month public auction, StreamCoin has surpassed its STRM soft capitalization objective of $11,250,000. In addition, over 100+ cryptocurrency exchanges will be accepting STRM on the same day. Further information was requested but was refused because of a non-disclosure agreement (NDA) the firm has with these exchanges. However, a spokesperson did ensure that the listing would occur in the first week of May.
STRM/USDT: Source: TradingView
Huobi Global and Bybit have confirmed that the currency has been listed on their platform today, another milestone for the coin. After a campaign conducted in late April, STRM fought against other altcoins like Baby Doge, Floki Inu, and Medabots in Bybit’s ByVotes competition. It was up to the community to decide which altcoin would be listed. STRM performed exceptionally by a massive margin. Furthermore, more than $200,000 in STRM tokens will be given out to those who voted for it.
Although the community expected the price to skyrocket after the ICO, the price plummeted following the overall market trend. Investors who purchased during the…
