DeStream advances further in product and business development

destream
DeStream
Published in
2 min readJul 12, 2019

We’ve been rather quiet in last months, and this is primarily due to our focus on development of the project. DeStream team managed to progress significantly in building the product, reaching out to end-consumers and forming forward-looking strategic plans.

Our tech team was focused both on blockchain and product parts. We are proud to say that DeStream blockchain was developed, and the main net was launched successfully and works correctly. Currently we are merging our code with new Stratis releases. We implemented and deployed our own block explorer at log.destream.io so please feel free to browse through it. Another important achievement on the tech front is our fully optimized IT infrastructure that increased stability.

As for the product part, DeStream is moving ahead on full steam. You might have noticed that an online tournament platform was released. It was a major success as the platform already hosted a series of tournaments with a total reach of 445,000 people. At the moment, the platform has more than 2,000 registered users, and the count doesn’t stop. We are actively developing the main portal, and please be sure to expect that major news and announcements are on the way.

Despite our internal chores, DeSteam remained publicly active to address its communication, partnership and business development agenda. We attended CryptoGames and Money2020 conferences, and another big important event is approaching — DeStream will be presented at Gamescom hosted in Cologne, Germany in August. Some external communications remain non-public for now, namely our negotiations with potential partners. However, a list of strategic partnerships to be announced in coming six months has been growing, and as of today it is a long one with decent names on the page.

There are good news to be delivered to DeStream token holders. Upon completion of the ICO, all coins were distributed to holders’ wallets. The DST coin was listed on midex.com with BTC and ETH trading pairs. On top of that, DST got added to coinstats and blockfolio applications. Currently, the team is reviewing a list of further listing options, including analyzing market to find a regulated European exchange to expand liquidity and approach new audiences.

The streaming market is gaining pace, and so are we. It would be fair to expect DeStream’s 2H19 to be several fold more productive compared with 1H19. So stay tuned, and stay with us!

More details can be found on our website. We support a Telegram group to discuss all recent developments of the project. More news and opinions from DeStream can be found on our Twitter and Facebook, so feel free to follow and comment.

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