DESTREAM PLATFORM REVIEW

3 min readSep 30, 2018

DESTREAM PLATFORM REVIEW

Destream is a global financial ecosystem built on the blockchain. Destream is a decentralized ecosystem that has been created for the streaming industry, I.e both the content streamers and their audience will get to benefit from an improved financial gateway for the exchange of monetary value in respect of the value of content that is been exchanged.

It is essential to realize that Destream isn't a stage meaning to contend with the media content streaming giants like Twitch and YouTube, destream in any case, will take a more sensitive and critical job in the streaming community, by acting as a website add on to these media streaming sites and helping the streamers to encourage better, faster and simpler installments for their administrations.

Streaming is a very big business in the 21st century and data from the information from the whitepaper has demonstrated a great deal of billions in US dollar acknowledged as income over the previous years with a major increment every year. The streaming space has advanced however the financial services provided have not and destream will help give answers for the issues faced by streamer in their business.

The Main Problems Streamers Come Across
The streaming world is a very big one as i have said earlier and there are lots of problems streamers encounter everyday but there are mostly financial problems .

* Very high interest rate on electronic payment

* Problems of chargebacks

* Complexity of consolidation of funds

* No guarantees of payment

* There is no single tool for designing personal mechanisms

* Many different rules and restrictions

* Its also almost impossible for lower ranked streamers to get advertisements jobs

DESTREAM SOLUTIONS

* A single access point for streamers, viewers and advertisers where everyone can interact and contribute ideas

* Solution to High interest rate on payment by removing the middleman and cutting the transaction fee from about 10% to 0.77%

* And a new possible way of paying streaming services directly from your Destream platform

* About a hundred pre configured smart contracts for interaction between streamers, viewers and advertisers

* The possibility of trading virtual items in the domestic marketplace and on affiliated platforms

* The Destream token can also be able to purchase household appliances , foods and other goods

* Destream platform would also be managing the relationship between advertisers and streamers through smart contracts

SOME BENEFITS OF DESTREAM

Fees Reduction

The platform's commission fee is reduced to 0.77%, which allows streamers to make more income in the process. There are no restrictions in that there are uniform conditions for the making of deposits or withdrawals using the same commission with no regards to the currency or the method used for making deposits.

Low Transaction Costs

Blockchain technology allows system transactions to be reduced to up to 0.77%, which is two times lower than any other system. There are no restrictions put up by the platform in that there will be equal rules applied for inputs and outputs operations with no regards the type of currency.

Security

The platform's smart contract regulates the relationship among streamers, advertisers, and viewers thus leading to their protection from a partner failing to meet their obligations in terms of payment. Smart contract ensures that terms of making transactions are followed promptly.

Free Marketplace

The marketplace forum allows streamers to purchase new equipment and sell their customized merchandise in the system. The user does not have to start thinking of withdrawing their funds for usage since relevant goods are readily available at the marketplace.

DeStream DST Token & ICO Details

The platform's tokens are called DST tokens and are utility tokens on the platform. The tokens are used to make donations, payment for commission when making transactions, purchasing of digital goods, as rewards from advertisers and to pay for services offered on the platform in terms of marketing and improving the attractiveness of streams.

Symbol: DST

Platform: Ethereum (for ICO), Stratis (for the platform)

Total Supply: 1,000,000,000 (1 billion)

CROWDSALE INFO:

Private round until July 15th

Stratis Crowdsale July 15th - August 1st

Crowdsale August 1st - September 30th

Soft cap $5,500,000

Hard cap at $12,000,000

Target cap aimed at $9,000,000

Token price: 1DST = $0.006

Max supply: 6,000,000,000 DST