In this modern era, people like the idea that they can manage almost everything without a fuss. For instance, they like the idea of being able to shop online or pay their monthly bills with a simple click of their mobile phones. Internet and technology have reached a state where people are depending on them.
You can’t close your eyes to the fact that cryptocurrency is getting more and more popular – especially because of its simplicity and easiness. When we are talking about cryptocurrency, we are talking about improved efficiency and functionality, which is far greater than those offered by the traditional banking system. Unfortunately, there are some common issues that are mostly faced by today’s cryptocurrency exchange. Because of them, Streamity is created.
Since cryptocurrency’s popularity is increasing, the activity for exchange is also increasing. There are more and more demands for a safe platform where exchange and transaction can happen. But then again, there are some common challenges concerning the cryptocurrency exchange, such as:
The indirect transactions. Instead of a direct interaction between seller and buyer, a third middleman is often present. This alone has created several issues, such as the expensive rate and a trust issue (not all middlemen are honest, you know?)
The lack of regulated system and mechanism, which can lead to threats, break-in, and other problems. When there is not enough regulatory body or principles, there is always a possibility for frauds, scams, and other malicious intentions.
The lack of security system. Relying on the outdated internet system won’t be enough because it is prone to attack and infiltration. When you want to do important transactions, such as exchanging money, you want to have a rock-solid security feature that will protect everything – not only your money but also your data.
This platform has several solutions to address the issues. First of all, the development team provides an indirect system so seller and buyer can interact, make an agreement, and seal the deal without the needs of a third party. Second, they implement high tech systems involving blockchain technology and smart contract to improve easiness and user experience. It provides clean and transparent activity. Third, they also enhance the security features, making sure that the platform is solid and safe without affecting the easiness and flexibility in the operation.
Although users are allowed to exchange different kinds of cryptocurrencies in this platform, it uses only STM token as the main currency. Commissions, rewards, and such thing alike will be paid in STM tokens – which you are welcomed to exchange to other currencies whenever you wish. Right now, the development team is holding a sale period, which is divided into two major stages. This first one will last to 25th of March 2018, before the second stage starts on 16th of April 2018. For both stages, the price is the same. 1 STM is equal to $0.20. However, the bonuses for different stages will be different.
Funds generated from the sales will be used mainly for product development. And then it is dedicated to marketing, and then reserve, and finally for finance and audit. Interested in helping this platform grow? Take part in the token sale now and be a Streamity member in no time!
