The year 2024 has come with a growing trend of crypto investors expanding their portfolios as their assets rise in value. Bitcoin (BTC) hit its highest price, at $70,000 for a token. Other crypto projects like Ethereum (ETH) sit in the $4,000 range, with solid speculation suggesting the possibility of reaching record valuation this year.
Then, new kids are on the block in the crypto project world. One of them is a first mover in the decentralized streaming market. DeeStream (DST) looks to solve the limitations of streaming in the centralized world while innovating on shareholder incentives.
Now, investors in other crypto projects like Avalanche (AVAX) are trying to buy into DeeStream (DST) during its presale to gain unique benefits. Let’s explore these two crypto projects below.
Avalanche (AVAX) Since 2020
Avalanche (AVAX) is a blockchain network that uses smart contracts to support NFTs, DApps, and DeFi services. Like Ethereum (ETH), Avalanche (AVAX) focuses on scalability and transaction speeds. Avalanche (AVAX) comes with varying transaction fees because AVAX users decide it by vote. But that’s not all. Avalanche (AVAX) confirms transactions using small random subnets. Transaction fees are burnt to increase the scarcity of AVAX tokens held by everyone else. Anyone with fast uptime and fast response times enjoys participation rewards higher than usual.
As with any other crypto project, Avalanche (AVAX) comes with its benefits and setbacks. For the benefits, we have fast transaction fees, robust blockchain support, and effective reward systems. One major setback with Avalanche (AVAX) is a formidable Ethereum (ETH) opponent. Avalanche (AVAX) trades for $47.88 today. A month ago, Avalanche (AVAX) went for $40.26 and rose to $42.45 a week ago. The Ethereum (ETH) lookalike has been on the rise. And industry analysts see further growth.
Avalanche (AVAX) has about 400 million tokens in distribution and a max of 700 million. Its market cap is $18 million, with its diluted cap at $34 million. Avalanche (AVAX) has about $1.5 million daily trading volume.
DeeStream (DST): The Pioneer Of Decentralized Streaming
DeeStream (DST) trades at $0.046 at its presale. But there’s a speculation of a 50x increase in value for DeeStream (DST). Being the first decentralized streaming platform of its kind, investors look to DeeStream (DST) as a choice addition to their portfolios. Shareholders buy in to partake in DeeStream’s (DST) first-mover advantage.
Regarding user experience, DeeStream (DST) offers instant payouts for professional content creators, payment infrastructure for fan support, and freedom of speech. Fans and streamers enjoy the high level of engagement that the factors above facilitate.
Also, DeeStream (DST) has a substantial investor incentive to fund the growth of the crypto project. Those who buy into DeeStream (DST) during its presale get a 50:50 revenue split with governance rights.
