GaStream (GSTRM)

GaStream (GSTRM) is the secondary utility token that will be used to pay gas fees and as a reward when participating in the services and platforms available in the StreamCoin ecosystem. It is already listed on PancakeSwap, DODO, and SushiSwap exchanges, with others to follow soon.


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Technical Structure & Purpose

GaStream (GSTRM) is the secondary utility token for the StreamCoin ecosystem. It is currently running on Binance Smart Chain (BSC) using the BEP-20 standard and will be migrated to Stream Chain (Mainnet 2.0) when released.


GaStream (GSTRM) is created to support the StreamCoin ecosystem and maintain its stability and security. After the launch of Mainnet 2.0, GSTRM will become the secondary native token for the StreamCoin ecosystem. Therefore, it will be utilized to pay gas fees and reward node participants who will stake STRM to support and secure the network.

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Uses and Benefits

GaStream (GSTRM) was created to benefit the StreamCoin ecosystem and its users, participants, and investors. In particular, GaStream (GSTRM) benefits will include:

1.
Reduced Transaction Cost

Using GSTRM for gas fees on Stream Chain (Mainnet 2.0) when it is ready. All crypto transactions fees will be paid using our affordable utility token.

2.
Rewards

Incentivizing participants and investors through rewards for STRM Staking, watching ads on MeiTalk, Real Research surveys, and others to follow.

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3.
Reduced Minting Fees

Minimizing the minting fees on Stream Chain (Mainnet 2.0). Users will be able to mint NFTs on AngryMonky marketplace with reasonable minting fees.

4.
Support the Ecosystem

Sustaining the operations of the StreamCoin ecosystem by offering rewards for node participants on Stream Chain when Mainnet 2.0 is released.

Token Distribution

Initial Supply

The initial total supply of GaStream (GSTRM) is
16,950,000,000.

66.66%

11,300,000,000

ICO and Presale Investors

This is allocated to reward the public sale investors through the airdrop event in addition to the presale investors.


33.33%

5,650,000,000

Reserved Rewards

This is allocated to reward participants for STRM Staking, Real Research surveys, watching Ads on MeiTalk, node rewards later on Mainnet 2.0, and more.

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SUPPLY ANNUAL INCREASE

The supply of GaStream (GSTRM) will increase annually by 8%. This increase will be distributed as follows:


img 1% to the top 10 global streamers on MeiTalk

img 1% to the top 100 global streamers on MeiTalk

img 1% to the Producer Nodes (2,000,000 STRM)

img 1% to the Observer Nodes (1,000 STRM)

img 4% to the monthly node rewards, Real Research rewards, MeiTalk ads rewards, and for sustaining operations

Token Burn

All unclaimed GSTRM tokens from the airdrop event will be burned from the airdrop reward allotment.
An additional 50% of that burned amount will also be burned from the future rewards allotment.

Moreover, other burning rounds will take place periodically from the GSTRM tokens that StreamCoin will
accumulate from gas fees. In the first year, 50% of the accumulated gas fees will be burned every three
months. Afterward, 25% will be burned every three months from the second year.

GSTRM Roadmap

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