The DeeStream (DST) presale launch event has increased chatter in the industry. Ethereum (ETH) whales have moved their funds towards the decentralized streaming platform in a bid to expand their portfolio.
It seems that DeeStream (DST) is one of the few crypto projects with high potential to bring outsized returns. Other crypto projects, such as Polkadot (DOT) and Uniswap (UNI) have gained value as the industry emerges from the crypto winter of the last 3 years.
The stakeholders in Polkadot (DOT) and Uniswap (UNI) are following in the footsteps of Ethereum (ETH) to funnel profits from Polkadot (DOT) and Uniswap (UNI) to DeeStream (DST).
Polkadot (DOT) shares similarities with DeeStream (DST). One of these similarities is in their mission. Polkadot (DOT) was built with the mission to help content creators make appropriate financial returns for their efforts.
It sought to treat content pieces as assets that could retain some value for the creator when consumed by the mass. Polkadot (DOT) was built as a decentralized alternative to centralized social media platforms.
It is similar to what the crypto project DeeStream (DST) is trying to do in the streaming industry. It’s a decentralized alternative to platforms such as YouTube and Twitch.
As we speak, Polkadot (DOT) trades for $9.13, which has been a continuous rise from $7.82 a week ago and $6.76 about a month ago. Yet Polkadot (DOT) investors see DeeStream (DST) as having a higher potential ceiling.
Uniswap (UNI) currently trades for $12.56, which is a price point that kept the entire trading graph green for the past month. Seven days back, Uniswap (UNI) traded for $11.15, and 3 weeks before that, the cryptocurrency traded at $6.01. It has been a leap in gains for shareholders of the Uniswap (UNI) project.
Even with the profits gained, Uniswap (UNI) project investors seek to funnel all that cash into DeeStream (DST). Some industry speculations suggest that these investors have weighed the new project and determined that DeeStream (DST) would simply bring in more returns in the future as it’s just starting.
But some others object, saying that the funneling of profits from both Uniswap (UNI) and Polkadot (DOT) projects is a side effect of the momentous moves of Ethereum (ETH) whales towards DeeStream (DST).
With the movement of resources from Ethereum (ETH) whales, Uniswap (UNI) shareholders, and Polkadot (DOT) investors, towards DeeStream (DST), one has to understand what everyone sees in this decentralized streaming platform.
For one, the DeeStream (DST) crypto project has a unique value proposition, unlike many projects in its position. It has a product-led approach to creating a crypto project. It’s a decentralized alternative to streaming platforms such as YouTube and Twitch.
It hopes to improve fan and content-creator interaction. They do this through subscription infrastructure, instant payouts, and freedom of speech. On the other hand, investors who buy in at the presale launch event get a 50:50 revenue split with governance rights.
Find out more about DeeStream (DST) project by visiting the website here.
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