Stream Coin, the Dubai-based live streaming project powered by blockchain, has finally gone live with its much-awaited Initial Coin Offering (ICO). In particular, this ICO will run for three months starting from the launch date — February 01, 2022.
As planned, Stream Coin will sell up to 1 Billion Stream (STRM) during the ICO at a fixed price of $0.9 each. To highlight, all investors must meet Stream Coin’s Know-Your-Customer (KYC) requirements in order to comply with government regulations of various countries on cryptocurrencies. Once complete, investors are eligible to participate in the ICO.
In detail, the ICO will be accompanied by a referral program for investors. As the first of its kind, this referral program will give investors an incredible opportunity to hit the ground running. To specify, any investor to purchase $50 worth of STRM will receive a referral link. This link can then be shared with other investors as an invite to invest in the ICO.
For each time the referral link is used to purchase STRM tokens, the referrer will gain an additional 100% STRM as a reward. Furthermore, there is no minimum limit to purchase STRM. However, there is a cap on maximum purchase set at $9,999 per investor, which amounts to 11,110 STRM. This is an added measure to maintain ownership control.
The ICO has launched on schedule following a 1.64 billion STRM burn on January 5, 2022. Presently, Stream has a total supply of 5.52 billion, of which 1 billion is set aside particularly for purchase at the public sale. To add on, any tokens left unsold by the end of the ICO will be burned. To match, Stream will burn an equal amount of tokens from the company’s share.
Interested parties will be happy to know that investors participating in the ICO have the option to buy STRM with different cryptocurrencies. These include BTC, ETH, USDT, BNB, BUSD, ABBC, CRO, OKB, FTT, KCS, GT, MEX, and ZB.
Following the ICO, STRM will be listed on over 100 exchanges to promote adoption and awareness of its blockchain-based live streaming platform ‘MeiTalk’. The platform is currently under development by the Steam Coin team. In addition, Stream ensures that investors who purchased STRM will enjoy additional quality investment benefits once MeiTalk goes live.
Lastly, due to the rapid growth of the non-fungible token (NFT) market in the crypto space, MeiTalk will allow live streamers to convert their videos into NFTs at the tap of a button. These unique NFTs can later be sold for STRM in the Stream NFT marketplace.
For more information about the Stream Coin ICO, kindly visit https://ico.stream-coin.com
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