Technical Structure & Purpose
GaStream (GSTRM) is the secondary native token for the StreamCoin ecosystem. It is built using the BEP-20 token standard on the Binance Smart Chain (BSC), a standalone blockchain that is compatible with Ethereum.
GaStream (GSTRM) serves as a utility token to support StreamCoin and maintain its stability and security. It will be utilized primarily for gas fees and node forming rewards when Stream Chain (Mainnet 2.0) is ready. In essence, every transaction and minting fee on the StreamCoin ecosystem will be paid using GaStream (GSTRM), while users and participants can earn it as a reward when forming nodes on Stream Chain (Mainnet 2.0).
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:
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.
Incentivizing participants and investors through rewards for yield farming, watching ads on MeiTalk, Real Research surveys, and others to follow.
Reduced Minting Fees
Minimizing the minting fees on Stream Chain (Mainnet 2.0). Users can mint NFTs on Stream NFT Marketplace with reasonable minting fees.
Support the Ecosystem
Sustaining the operations of the StreamCoin ecosystem by offering rewards for nodes forming on Stream Chain (Mainnet 2.0) when it’s ready.
The initial total supply of GaStream (GSTRM) is
ICO and Presale Investors
This is allocated to reward the public sale investors through the airdrop event in addition to the presale investors.
This is allocated to reward participants for Yield Farming, Real Research Surveys, Watching Ads on MeiTalk, Node Rewards later on Stream Chain (Mainnet 2.0), and more.
SUPPLY ANNUAL INCREASE
The supply of GaStream (GSTRM) will increase annually by 8%. This increase will be distributed as follows:
1% to the top 10 global streamers on MeiTalk
1% to the top 100 global streamers on MeiTalk
1% to the Producer Nodes (2,000,000 STRM)
1% to the Observer Nodes (1,000 STRM)
4% to the monthly node rewards, Real Research rewards, MeiTalk ads rewards, and for sustaining operations