What is Streamr (DATA)? Unlocking the Economic Potential of Real-time Data in the Web3 Era

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Bittime - The Web3 era brings a paradigm shift, where data becomes a valuable asset and users have complete control. Streamr (DATA) emerges as a leading platform in the real-time data economy, enabling users to publish, subscribe and monetize data securely and transparently.

What is Streamr (DATA)?

Streamr is an open-source and decentralized platform that facilitates real-time data exchange. This platform leverages blockchain technology to build a secure, scalable and efficient data infrastructure.

Streamr Key Products & Features (DATA):

• Streamr Network: A peer-to-peer network for secure and scalable real-time data transmission.
• Streamr Marketplace: A marketplace for buying, selling, and sharing real-time data.
• Streamr Data Union: A platform for data owners to collectively manage and monetize their data.
• Streamr Toolkit: A development toolkit for building applications and services that leverage real-time data.

Also read: What is Tokenomics? Guide For Beginner Crypto Traders

What is a DATA Token?

The DATA token is an ERC-20 utility token used in the Streamr ecosystem to:

• Paying network fees: Users pay fees in DATA tokens to publish and subscribe to data.
• Manage governance: DATA token holders can participate in platform governance and vote on proposals regarding Streamr development.
• Incentives: Operator and validator nodes on the Streamr network are rewarded in DATA tokens.

Tokenomic Token DATA:

• Total Supply: 1,067,823,352 DATA
• Circulating Supply: 1,003,693,853 DATA
• Market Supply: IDR 1,071,589,900,520 (as of 22 February 2024)

Also read:

Streamr Fundamental Analysis (DATA):

• Technology: Streamr has cutting-edge technology for secure and scalable real-time data transmission.
• Team: The Streamr team consists of experienced experts in the fields of blockchain, data science, and software development.
• Community: Streamr has an active and fast-growing community.
• Partnerships: Streamr has established partnerships with several well-known companies in the blockchain and technology industry.

Streamr (DATA) & Competitors Comparison:

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Founder & Streamr Team (DATA):

• Henri Pihkala: CEO and Co-founder
• Nikke Nylund: CTO and Co-founder
• Risto Karjalainen: COO and Co-founder
• Michael Malka: CMO and Co-founder

Expert Opinion About Streamr (DATA):

• "Streamr has huge potential to revolutionize the way real-time data is shared and monetized." - Gartner
• "Streamr is one of the most innovative blockchain projects out there." - CoinTelegraph

Conclusion

Streamr is the leading platform in the real-time data economy with cutting-edge technology, an experienced team and an active community. The DATA token has strong utility in the Streamr ecosystem and has the potential to grow significantly as the platform develops.

How to Buy Crypto on Bittime

You can buy and sell crypto assets in an easy and safe way via  Bittime .  Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on  Bittime ,  make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into  your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  Complete Guide How to Buy Crypto on Bittime .

Monitor price chart movements  for Bitcoin (BTC) ,  Ethereum (ETH ) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

Also read:

What Is Two-Factor Authentication (2fa), and How Is It Applied in Cryptocurrencies?

Brave Browser: A New Generation of Internet that Maintains Privacy and Prioritizes Security

What is digital identity management, and what are its benefits?

What is Data Tokenization? The following is an explanation and examples

DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.