DESTREAM - The First Decentralized Global Financial Ecosystem For Streamers

Many of those centralized solutions are faced with problems, and due to the young age of the sector, there hasn’t been much time for competition to develop. Patreon and Flattr take more than 10% away from each creator’s donations in fees and processing.

YouTube’s and Twitch’s in-house solutions also charge hefty fees and more-over lack worldwide availability. Some creators have thought of turning to cryptocurrency, but the issue with this aside of adoption lies in the fact that a subscription-based model with crypto hasn’t proved hard to develop.

DeStream: A Decentralized Platform for the Streaming Industry

The many problems creators in the streaming industry are exactly what DeStream seeks to address with its platform. The project’s team aspires to build a feature-rich platform to receive donations on low commisions by utilizing decentralization and blockchain technology, also creating a robust and censorship-proof platform in the process.

The DeStream platform was created as an infrastructure project that would simplify the process of creating content, interacting with viewers and financial transactions and it will become an integral part of the market. The aim of the DeStream platform is to make the lives of streamers, viewers, and business easier with the help of the new innovative global ecosystem. The platform is even transforming this segment of the economy and taking it to a new stage of development. The possibilities of DeStream are endless. The aim of this project is to establish a decentralized global platform for the streaming market that will allow maximizing the productivity of streamers, diversifying their activities and securing start-up capital.

Furthermore, DeStream is an ecosystem that provides enormous opportunities for integration of streaming platforms, their development, and the extension of their functionality, which can almost completely provide the day-to-day professional needs of the streamer, including quick profit. To further summarize this, the DeStream platform is a superstructure over existing streaming services, adding new interactivity with viewers and a financial tool for donating and paying for services inside the ecosystem.

DeStream was conceived as a global system for the streaming market using the DST token. Destream has the following qualities - Scalability; High-speed transaction processing; Flexible support of smart-contracts and oracles; Safety; High availability. The utility of the DST token will be in these areas – for donations; To pay the platform Commission for executing transactions; buy digital goods; a reward from advertisers; To purchase goods in authorized affiliate shops; To gain access to big data analytics; To pay for the services of the platform (marketing, making the streams more attractive, etc.); and To perform internal P2P operations.

The platform will actively support young and forward-looking Streamers. All streamers, regardless of the kind of activities, will benefit from the use of the platform. The platform will implement a range of tools for the interaction of the streamer with his viewers, developed with the help of professional streamers, visionaries, and psychologists. Streamers will be able to perform various activities to maintain viewers’ interest and increase funds.

GOAL

The main goal of the DeStream project is to build a decentralized global platform for streaming markets that will enable to maximize ribbon productivity, diversify their activities and secure start-up capital.

They are building an innovative platform that will become an ecosystem for streamers. The use of blockchain technology will allow to reduce transaction costs by more than doubling. Due to decentralization, they will exclude payment systems from the process and reduce much transaction costs. As such, they will improve the quality of the content and the streamer will be allowed to focus on the creation, not the operational activities.

PROPOSED SOLUTION

The project’s ideology presented in two or three phrases is as follows: DeStream intends to create a hub which would allow the donors to continue paying in any format convenient – meaning currency, payment system and jurisdiction, while streamers receive all the proceeds in a unified format (internal DST tokens) on a unified wallet, same for all platforms the streamer operated and all transaction he or she receives;

Consolidated accrued funds are free to be withdrawn into fiat, sold for other crypto currency, or spent for goods and services available from DeStream partner.

HOW DOES IT WORK

The platform is a unique structure that offers all streaming services with improved interactivity with the viewers. The platform also provides a financial tool used for donations and the payment of services in the ecosystem. The platform also offers an advertising channel that very effective and contains powerful analytical tools, which allows advertisers to automatically select a streamer for their services.

The platform uses smart contract technology to implement the terms of payment. A viewer can be certain that the addressee will get the donations made on the platform. In addition, the streamer will fulfill the accompanying order to the donation, only if the service is made available on the service catalog on the platform. This, in turn, improves transparency of the entire process especially when the action targeted and expected by the viewer doesn't have dual interpretation, has guarantee of performance, and is offered by the streamer.

WHY CHOOSE DESTREAM?

DeStream platform guarantees a fixed transaction fee of 0.77% of a transaction amount. To date, no payment service is working under these conditions.
Artificial intelligence, which is the basis of Destream, has justified itself and provided its users with the opportunity to work on several tasks at once through patented algorithms. Designers meet the latest requirements in the field of advertising and are constantly updated by the creators.
Work on the platform is carried out through a multicurrency wallet, where both cryptocurrencies and fiat money are accepted as payment and exchanged at a favorable rate into DST platform tokens.
Destream platform is also beneficial for advertisers. With its help, an advertiser will be able to analyze the profitability of advertising, the effectiveness of its content and the level of return from its placement.
The platform is developed with the use of smart contracts and guarantees the transparency of all transactions, the security of their performance and a low commission.
Destream platform token is used to purchase digital goods and services between a customer and a streamer, and to pay for additional functions on the platform.

ADVANTAGES OF DESTREAM

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.

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