Following the conclusion of its three-month public sale, StreamCoin (STRM) has introduced it amassed no less than $11.7 million from traders, permitting STRM to succeed in its gentle cap of $11.25 million.
StreamCoin attributed the success to a few methods it carried out, similar to its referral reward system, GaStream (GSTRM) airdrop and proactive participation within the back-to-back World Reside Streamers Convention and World Metaverse Convention, and the alpha launch of its multi-streaming platform, MeiTalk.
The corporate additionally reached a few milestones earlier this yr. For example, the variety of wallets holding STRM has now reached 100,000. As well as, StreamCoin was capable of signal partnerships with different corporations, together with funding agency AKG Ventures, on-line survey firm Actual Analysis and cryptocurrency pockets app Aladdin Professional.
Michael Ein Chaybeh, CEO of StreamCoin, stated, “[The year of] 2022 has been such an exceptional yr for us at StreamCoin. Every of our achievements, together with our highly-successful STRM preliminary coin providing (ICO), solely goes to indicate how a lot the crypto group believes in us. Each victory we have now can be the victory of everybody who helps StreamCoin, and we welcome extra to affix us as we roll out extra thrilling updates according to our roadmap for this yr. We now have solely simply begun.”
Transferring ahead, StreamCoin revealed that it’s set to announce greater than 100 cryptocurrency exchanges the place STRM might be listed. StreamCoin has been contacting these exchanges since a few months in the past and might be listed concurrently, an organization spokesperson stated.
Late in April, StreamCoin displayed the power of its group. Crypto trade Bybit held its ByVotes occasion, the place STRM was pitted towards altcoins with quite a few group members similar to Child Doge Coin (BabyDoge), Floki Inu (FLOKI), EverRise (RISE), Medabots(MTB) and Galaxy Blitz (MIT). STRM gained by a landslide for a Bybit itemizing. Those that voted for STRM will even share within the prize pool of 222,222 STRM, which amounted to some $200,000 at its all-time excessive, however quantities to roughly $20,000 on the time of writing.
“Becoming a member of the competitors alongside the likes of Child Doge and Floki Inu is already an honor to StreamCoin, provided that these have been within the crypto house longer than us,” Chaybeh stated. “Nonetheless, our group has confirmed its assist for us, and it’s one thing that I’m immensely pleased with. To those that voted for STRM and who proceed to again us up, my utmost gratitude [is] to you.”
StreamCoin has additionally launched STRM Staking, a platform the place holders can receive GSTRM curiosity for locking their STRM. The platform is at present providing staking plans that customers can subscribe to till Could 5, at 7:59 pm UTC. After subscribing, STRM tokenholders will earn curiosity in GSTRM. These can stake here.
As well as, StreamCoin might be debuting Stream Bridge, a swapping portal that may permit STRM tokenholders to mint tokens pegged to the real-time worth of STRM on different networks, together with Ethereum, Fantom, Polygon and Avalanche. Stream Bridge might be launched along with a number of trade listings.
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