The streaming market is ready to take another big step forward with the DeeStream project. With the promise to innovate the way content is consumed and monetized, the platform has attracted important investors in the cryptocurrency scene, such as Injective and defenders of First Digital USD. Although there is a lot of competition, the stakes are high.
DeeStream is the first of its kind: a decentralized solution that employs blockchain technology to deliver a seamless experience between content creators and their fans. This model plans to surpass the streaming giants with a fairer and more transparent system for monetizing and distributing content.
Over the past four months, the Injective cryptocurrency has escaped the volatile market standard and maintained its stable value, fluctuating between $30 and $35 per token. This steady range of INJ prices is a sign of maturity in the cryptocurrency market as a whole.
The Injective's aforementioned stability shows the community's support and the notable potential of its technology. Focused on improving efficiency and decentralization in trading and finance, the platform has attracted long-term investors and blockchain technology enthusiasts, who see it as the future of decentralized economics.
Being one of the most promising stablecoins on the market, First Digital USD is showing its great potential as its market capitalization is about to reach $4 billion. The confidence in the digital asset by investors and users around the world is becoming visible in its numbers.
The acceptance of FDUSD in the digital financial ecosystem is extending and perpetuating, and the market is keeping a close eye on the evolution of this crypto. Relying on a stablecoin backed 1:1 by the US dollar, the offer of stability is what many investors look for when entering the volatile crypto asset market. Therefore, First Digital USD can act as a bridge between the world of traditional finance and the evolving digital financial market.
Among digital innovations, DeeStream enters the streaming industry on the right foot, presenting itself as the first decentralized online streaming platform in the whole world. Inspired by popular traditional models such as Kick and Twitch, the platform innovates by incorporating a decentralized model, giving more power to token holders through decentralized governance.
Promising to democratize decision-making and guarantee greater freedom of expression, the platform encourages active participation from its users. The team's tokens are locked for 1,000 days and liquidity is permanently locked, showing that DeeStream is committed for the long term. And still in the second phase of its pre-sale, priced at $0.055 per token, DeeStream will offer six stages, with a total supply reaching a satisfactory 300 million tokens.
Find out more about DeeStream pre-sales by clicking here.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.