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Amid the booming $160.55B streaming market, DeeStream emerges as a pioneering blockchain platform attracting Ripple and Polkadot investors with its presale and potential to change content consumption.
The $160.55B streaming market is still growing as only 23% of global viewing time is spent watching live content. It’s no wonder that the market is expected to grow to $247B by 2027. In this article, we explore DeeStream, a new project that’s meeting the needs of the market with its unique offerings.
Ripple’s SEC problems could negatively affect its price
Ripple launched its flagship product, the XRP Ledger, in 2012. Its selling point was a faster and more energy-efficient alternative to Bitcoin. The XRP ledger has been used for many applications including payments, DeFi, and stablecoins. Its low cost of $0.0002 and fast transaction times have attracted numerous investments into its ecosystem.
On to more recent news, Ripple is embroiled in a legal dispute with the SEC. If Ripple loses, it must pay almost $2B in fees and penalties and thus could negatively affect its price. Another notable trend is Ripple whales amassing millions of XRP tokens, buying the dip as the token continues to tumble.
Ripple whales are looking to DeeStream as a promising opportunity that could enrich their portfolio. They love what it is doing in the streaming industry and are already shifting millions into its presale.
Polkadot is set to bring more features to users
The poster crypto for web3, Polkadot, was designed to connect a network of specialized blockchains. These specialized blockchains, also called parachains, would be connected to a main/relay chain which would enforce interoperability and security across the network. One of Polkadot’s major principles is decentralized governance as token holders vote on the operations of the network.
Polkadot’s unique offerings have placed it in the top 20 valuable cryptocurrencies by market capitalization. It is now considered the foundation for the decentralized web. Development is still going on in the ecosystem and a new update, codenamed Polkadot 2.0, is set to bring more features to Polkadot users.
Polkadot investors are moving investors into the DeeStream presale. They believe it could rival platforms like Twitch and Kick for their market share and want to exploit its growth potential.
DeeStream competes with Twitch and Kick for market share
DeeStream is a novel streaming platform set to compete with Twitch and Kick for their market share. It is the first platform of this kind to be built on the blockchain, giving it market fit in the $160.55B steaming market.
Users can create an account with a name and email address. Once their email address is verified, streamers can share channel links with their fans while fans pick from various kinds of entertainment to watch. Streamers earn money through gifted subs, Dee gifts, and packages while fans participate in reward programs.
The presale is currently in its second stage with tokens offered at $0.055. DeeStream assures presale investors of significant returns. Some other benefits for presale investors include revenue-sharing programs, unique voting rights, and early access to the platform.
Find out more about the DeeStream presale by visiting the website.
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This article first appeared at crypto.news
