STREAMITY - The decentralized cryptocurrency exchange for the blockchain generation.

INTRODUCTION 

The Digital Economy is growing. The Digital Economy is the economic activity based on digital technologies. The Digital Economy includes the on-line sales of goods and services (e-commerce) as well as the on-line platform and infrastructure for commercial transactions (e-business). 

In 2012, the Boston Consulting Group assessed the potential of the Digital Economy of the G20 countries alone at $4.2 trillion (USD). Furthermore, in 2015, Oxford Economics and Accenture's joint research concluded that by 2020, the Digital Economy will contribute to the global gross domestic product by $1.36 trillion (USD). 

WHAT IS STREAMITY? 

The STREAMITY project is focused on creating a powerful cryptocurrency exchange that includes a broad range of services. The goal is to ensure users can benefit from the developments in the cryptocurrency market, while mitigating risks arising from cryptocurrency ownership, transfer, and exchange. 

The key element of the STREAMITY project is the STREAMDESK aggregator. STREAMDESK ensures exchange of cryptocurrencies for fiat currencies using smart contracts. The STREAMDESK prototype is available on-line and represents our core concept.

THE MISSION 

Our priority are our users. Our mission is to contribute to the development of the cryptocurrency community's security. We will develop a fair and transparent STREAMDESK service that allows for the exchange of cryptocurrencies for fiat currencies without intermediaries. This will help users save money, and will protect them against fraud through the use of smart contracts. 

MARKET ANALYSIS 

According to CoinMarketCap, the average daily trading volume of cryptocurrency in September 2017 exceeded $4 billion (USD). Furthermore the market capitalization of cryptocurrencies exceeded $130 billion (USD). 

However, the cryptocurrency market is small compared to the global trade of fiat currencies. For example, the Bank of International Settlements assessed the daily trading volume of the global FOREX market at $5.1 trillion (USD). By extrapolating the cryptocurrency market's current growth rate, the cryptocurrency market may achieve similar volumes as the FOREX market within 3 years. Therefore, we may soon live in a new reality where the cryptocurrency exchange market will dominate over global fiat markets. 

The cryptocurrency markets in 2017 have reached a scale where governments could not ignore the phenomenon. Consequently, crypotcurrencies will soon be legislated by various countries. As more countries adopt and legislate the use of cryptocurrencies, the cryptocurrency market and community will see a greater increase in its growth and development. 

CRYPTOCURRENCY DISTRIBUTION MAP

Moreover, as the use of blockchain technology and smart contracts simplifies procedures of traditional markets, we will see a shift away from traditional markets towards cryptocurrency markets. Consequently, now is the best time to join the cryptocurrency movement and utilize its endless possibilities. 

Countries developing its regulatory and legal framework for cryptocurrencies, or those that at least do not prohibit its use, are: Australia, Belgium, Brazil, Canada, Columbia, Croatia, the Czech Republic, Cyprus, Denmark, France, Germany, Hong Kong, Israel, Italy, Japan, Ukraine, New Zealand, Norway, Poland, Singapore, Slovenia, South Korea, Spain, Switzerland, Sweden, Turkey, Great Britain, and the United States of America. 

There is an increasing trend to utilize cryptocurrency over fiat currency as a payment instrument. Thus, the prospect of the cryptocurrency market developing is significant. 

However, there is bottleneck for fair entrance to the cryptocurrency market, especially for exchange services with minimum commissions. 

HOW DO WE DIFFER FROM OUR COMPETITORS? 

STREAMITY's competitors are primarily P2P cryptocurrency exchange services. As illustrated below, P2P solutions are far from being perfect: 

Local Bitcoins is a bulletin board that matches interested parties in a specific country. First, this service supports only bitcoins; second, exchange rates are set by the users of the platform; and lastly, there is a lack of secure transactions. 

Changelly is a platform that supports a few dozens of cryptocurrencies. Although users can buy cryptocurrency for US dollars, they are not allowed to sell cryptocurrency for fiat money. Furthermore, the security of a deal is guaranteed only by the credibility of the team. This assurance is suspect, as the security technology is not transparent. 

Qvolta is a new service created in 2017 and have raised its funds via an ICO. To date, this platform is still in a “test mode”. Although this service states that customers can use different payment methods, it only supports Bitcoin and Ethereum.

ICO STRUCTURE 

STREAMITY is raising funds to launch its STREAMDESK decentralized application (DAPP): a P2P cryptocurrency exchange platform. 

STREAMITY also plans to develop informational, analytical and educational investment resources for STREAMITY.ORG and its services. 

Token name. The key element of the STREAMITY ecosystem is the STREAMITY token (STM). STM constitutes the internal currency of the STREAMITY project. This means that payment for all project services will be made in STMs. 

Number of tokens. STM will be issued on the Ethereum platform. The number of STM is hard-capped at 186,000,000 tokens. 

Start exchange rate. The cost of one token is priced at $0.20 (USD). Tokens will be distributed proportionately to investors' contribution during the ICO, subject to any premiums. The token price of ETH will be fixed an hour before pre-ICO/ICO, based on currency rates provided by the Poloniex exchange. ETH to USD exchange rates will be updated every hour. 

PRE ICO parameters: 

Soft cap on PRE ICO: - 

Hard cap on PRE ICO: $2.8 million USD 

The volume of PRE ICO sale: 20,000,000 STM 

The volume of ICO sale: 110,200,000 STM 

The ICO will be completed upon selling the aforementioned number of tokens. 

How to buy tokens. 

STM are available for sale for BTC, LTC ETH, ETC, USD, EUR. STM will be transfered to users' accounts after the second stage of the ICO. 

The minimum transaction amount in ETH: 0.1 ETH All unsold tokens will remain in reserve with STREAMITY's project founders. 

PROJECT PLAN 

The development of a global P2P platform includes: acquiring state permissions and licenses to exchange cryptocurrencies, engaging with various unions, and cooperating with traditional payment systems. 

Our step-by-step plan is illustrated below. Our plan details major milestones following the ICO campaign. Each milestone will be used as a framework for the next, ensuring STREAMTIY to remain reactive and responsive to market conditions. The capital raised from our ICO will predominately be used to acquire licenses, develop and maintain services, expand our team, and market STREAMITY. 

DISTRIBUTION OF TOKENS

25%-STREAMITY team. 

40% of the STREAMITY team's share will be held in reserve. This will be used to sustain the development of STREAMDESK service and maintain liquidity within the system. 

50% of the STREAMITY team's share will be held for one year, as stipulated by the conditions of smart-contracts. Also this share will be held until the launch of the STREAMDESK mobile application. 

10% of the STREAMITY team's share will be paid to staff as gratuities for their accomplished work.

DISTRIBUTION OF RAISED FUNDS

Distribution of raised funds after the ICO ( figures are not final and may change depending on the required needs of the company): 

40% of the ICO capital will be used for product development. Main expenditures are: staff recruitment, staff payments, and purchase and maintenance of equipment. 

25% of the ICO capital will be used on active marketing. We understand that marketing is a crucial component for a successful exchange. 

Laws of marketing are uniform, regardless of the company's location or its economic development. 

BONUSPROGRAM 

STREAMITY offers special discounts depending on the timeliness of the buyer's entrance when purchasing STM. During the pre-ICO, STM will be discounted by 30%. Afterwards, the ICO will consist of two phases: phase one and two. On the first day of phase one, STM will be discounted by 20%. After the first day, phase one, STM will be discounted by 15%. STM will be discounted by 10% during phase two. 

Furthermore, by purchasing at least 1,250 STM at the pre-ICO, or on the first day of phase one of the ICO, purchasers will receive the STREAMDESK service, provided that purchasers maintain a certain minimum balance in their accounts. 

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AUTHOR-
PUTRA969695