|Company:||Streamity / StreamDesk|
|Industry:||Financial Services / Cryptocurrency Exchange|
|ICO Timeframe:||03/12/18 – 04/29/18 (ICO)|
|Token Supply:||186,000,000 STM (70% Crowdsale)|
StreamDesk is a decentralized application for exchange of cryptocurrency to fiat money without intermediaries on the basis of smart contracts. Cryptocurrency is blocked in the smart contract until the signal about crediting of fiat money to the seller’s account is received, being transferred directly between users. Fiat money and cryptocurrency are not blocked on the platform, which allows the project to work legally in most jurisdictions of the world. The commission for a transaction varies from 0 to 2% and depends on the purchased package. StreamDesk project is based on a sought-after mass service and aims to connect new users as well, ideally creating a strong demand for STM tokens. The Streamity project will also create an informational portal that includes analytical, educational and investment resources created by users who will be compensated in STM tokens.
PROS: Will be accepted to integrate with VISA and Mastercard, softcap has already been reached and ICO has gained significant “buzz” / traction, prototype of Streamdesk has already been developed, detailed roadmap contains tiered planning for different outcomes as they relate to the success of project crowdsale, lower commission fees for transferring crypto into fiat than currently being offered in the marketplace.
CONS: Streamity has yet to be fully developed, competition from a number of exchanges which already have an established user base in the crypto-community, company is based in Singapore yet all principles are operating out of Eastern Europe, advisory board lacks any link to social media presence, a number of LinkedIn links for management are “broken” and others display very few connections.