Streamity: the future of cryptocurrency exchange on the blockchain

in #ico6 years ago

Streamity eng top.PNG

Surely everyone who has ever bought a cryptocurrency faced with the main problem - how to buy it. It sounds ridiculous, but you want to cry at such a moment. If in the "West" you can safely bring fiat to almost any exchange then in the CIS countries such a focus obviously will not work.

Users can only use untransparent exchangers or search for a "live" cryptocurrency exchange. Both methods are fraught with a complete loss of money because the trust to the exchangers and to people is less and less. It would seem that a simple operation (buying treasured cryptocurrency) turns into a real horror for both ordinary users and traders. About the withdrawal of cryptocurrency in the fiat funds we generally remain silent, here things are even worse.

But there is light at the end of the tunnel. At least, it will soon appear. Today we will talk about the Streamity project - the first decentralized exchange platform for cryptocurrency which seeks to solve all the burdensome problems of ordinary users.

So what is Streamity?
In fact, this is a very simple service where everyone will be able to buy and sell the cryptocurrency for "real" money. The difference from usual exchangers is that StreamDesk is an absolutely decentralized and transparent service on blockchain technology where you buy tokens directly from another user. No intermediaries, and security at the level of smart-contracts.

It sounds solid. Service is really able to solve the main problem for today - it's the sky-high commission of exchangers which are completely insolent and the liquidity of the deal between people.

The decentralized StreamDesk application is a P2P platform through which all the exchange will take place. The main advantages are security, low commissions, linking the course to the main legal exchanges, a large number of different tokens, and a mobile application. Your exchanger is in your pocket.

The procedure of buying looks very simple. The buyer leaves the request in the StreamDesk application. After its confirmation the desired cryptocurrency or token is blocked through a smart-contract and the buyer pays. After the money arrives at the seller's account through a smart-contract the tokens are unlocked and come to your wallet.

It's nice that the company and the developers are looking at a few steps forward. Therefore, the cryptocurrency exchange service alone will not do. Developers will present such a project as STREAMITY.ORG - information and analytical resource which will become a kind of portal and a place for "hangouts" of all users of the service. It is noteworthy that its launch is planned for the second quarter of 2018. The decentralized application will be ready in the fourth quarter.

The STREAMITY project's tokens will be called Streamity token (STM). This is the only way to pay for all project services inside the application. STM-tokens are released on the Ethereum platform, the standard is ERC 20. Their number is strictly limited to 186 000 000, so you can forget about inflation. Another nice bonus for token holders is that anyone who has more than 1250 STM on their account will be able to use the services of the service at even lower fees.

The project will be of particular interest to residents of the CIS countries because there are many problems with buying and selling cryptocurrency for them.

To learn more about the details of this project as well as to participate in the purchase of platform tokens visit the official website http://www.streamity.org/ and read the whitepaper: https://streamity.org/uploads/docs/en/Whitepaper_Streamity_en.pdf

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