The main aim of project DeStream is to establish a decentralized global platform for the streaming market, which will allow streamers to maximize their productivity, diversify their activities and secure start-up capital.
We are establishing an innovative platform to serve as a new ecosystem for streamers. The use of blockchain technology will allow us to cut transaction fees in half. Due to decentralization, we will exclude payment systems from the process and reduce numerous costs of transactions. Thus, we will improve the quality of content, and streamers will be allowed to focus on creating content, instead of operational activities.
Nowadays, the commission fee on streaming-platforms can reach 10%. Our aim is to reduce this number to 0.77% and thereby increase streamers’ income. A single gateway for accepting any cryptocurrency will simplify the conversion to any available currency.
There will be uniform rules for depositing and withdrawing money, with the same commission rate, regardless of the currency or the way of making deposits. The platform will not set any restrictions.
Smart contracts will ensure the implementation of the terms of transactions. The launch of a system with smart contracts will assure viewers that their donation will in fact reach its addressee, and that the order accompanied by the donation will be fulfilled by the streamer, if this service is available in the service catalog. In turn, the smart contract will focus on the service catalog in the blockchain. This will allow for transparency of procedures, since the targeted action, which is expected by the viewer and offered by the streamer, cannot have dual interpretation and its performance will be guaranteed.