STREAMITY ICO - DECENTRALIZED CRYPTOCURRENCY EXCHANGE

Cryptocurrency means digital monetary units being subject to decentralized registration. The information on transactions is not usually enciphered and is open and available. Banks, tax, judicial and other state or private authorities cannot influence transactions of any participants of the payment system.
The cryptocurrency transfer is irreversible: nobody can cancel, block, dispute or carry out a transaction forcibly (without a private key). However, transaction parties can temporarily mutually block their cryptocurrencies as a security on voluntarily basis or determine that for the transaction completion/cancellation the parties’ consent is required. Upon generation the cryptocurrencies are obtained by the persons who have met the agreed conditions (mining, forging).

WHAT IS STREAMITY

Streamity project focuses on establishment of a powerful cryptocurrency exchange which will include a broad range of services and ensure benefits from cryptocurrency markets development, while avoiding complications and risks arising from cryptocurrency ownership, transfer, and exchange. A powerful StreamDesk aggregator ensuring exchange of cryptocurrencies for fiat currencies under smart contracts without intermediaries is the key element of Streamity project. StreamDesk prototype represents the main concept of the service (available online). StreamDesk will also ensure immediate mutual exchange of cryptocurrencies, with maximum security and efficiency, suitable for most cryptocurrencies existing in the market. Cryptocurrency rate will be always bound to the "Market" section (which collects information from major stock exchanges and displays the value of cryptocurrencies and capitalization of companies).
This means that the possibility to change prices for gaining excess profit simply does not exist! All fees are known in advance and will be presented below. This provides advantages both to investors, who will have a clear understanding of all prospects and future company's profits from fees, and to users, who will benefit from a fair and transparent exchange mode with maximum security. Streamity services will include news and analysis, educational, and investment resources. All services mentioned above will provide essential assistance to investors with regard to management and accumulation of crypto funds. Each Streamity section will represent an independent business environment and produce income from completely different types of digital services.

Other persons willing to obtain cryptocurrencies may do it only from the persons already owning them in exchange for ordinary money. Any of the numerous digital currency exchange platforms is usually used. Most of them ensure exchange not only to money but also mutual exchange of one cryptocurrency to another. Quotations of different platforms can differ significantly from each other at the same time. Unfortunately, at present the cryptocurrency status has not been legislated in most countries of the world. Respectively, for all their will, cryptocurrency exchange platforms cannot obtain respective licenses, and transactions with them do not fall within the scope of the law. Therefore, from time to time certain trading platforms abuse confidence of their participants. Under the conditions of the unregulated status of cryptocurrencies and growing interest of non-professionals in them, the list of unfair trading platforms will be replenished. However, there is defense against such risk: The exchange may be carried out directly between the interested persons without intermediaries! We believe in decentralization of cryptocurrencies, absence of control over cryptocurrencies by any central authorities. People must manage their finances without any interference of third parties. The Streamity project embodies the idea of really honest cryptocurrency exchange between individuals. WhitePaper shows financial and technical aspects of Streamity project, our step-bystep plan of development and technologies.

PURPOSE OF STREAMITY

We give priority to users and community. Our mission is to contribute into development of the crypto-community security. We will develop a fair and completely transparent StreamDesk service for exchange of cryptocurrencies for fiat currencies without intermediaries, which will save your money, and will protect our users from fraud, so common to this market, by means of smart contracts.

MARKET DEVELOPMENT

According to CoinMarketCap data an average daily amount of cryptocurrency trade in September 2017 exceeded 4 billion US dollars, and the market capitalization of cryptocurrencies is above 130 billion US dollars. However, the cryptocurrency market is too small compared to the world amount of trade in traditional currencies. Thus, the daily volume of trading at FOREX market is assessed by experts of Bank for International Settlements to be 5.1 trillion US dollars. At the current cryptocurrencies development rate these figures may be reached by crypto markets already in 2-3 years.Therefore, it is rather probable that very soon we will live in a new reality in which the cryptocurrency exchange market will be the dominating world market. During 2017 the cryptocurrency and crypto investment markets have reached the size when governments cannot ignore the phenomenon any more. Consequently, the legal status will be granted to cryptocurrencies soon. And the more countries accept cryptocurrencies, the higher will be the subsequent crypto market and crypto community growth rates. The huge potential of crypto markets means a possibility of rapid growth of businesses serving the needs of such markets.

HOW DO WE DIFFER FROM OUR COMPETITORS?

Streamity competitors are primarily P2P cryptocurrency exchange services. It is to be mentioned that existing P2P solutions are far from being perfect. Let us bring some examples. Local Bitcoins — a bulletin board which shows interest in trading in a specific country. First, this service supports only bitcoins. Second, exchange rates are set by the users of the platform. Third, security of the deals is not thought out. Changelly — this platform supports a few dozens of cryptocurrencies. There you can buy cryptocurrency for US dollars, but you are not allowed to sell cryptocurrency for fiat money. The security of a deal is guaranteed only by the credibility of the team, which is a quite weak assurance, as the security technology is not transparent. Qvolta — a new service created in 2017. Raised funds via ICO. Today this platform functions in a “test mode”. It is stated that customers can use different payment methods; however, only bitcoin and etherium are supported.

Advantages of the STM Token

Because the “STREAMITY” project is based on a well-known group service, project services for market conditions of the secret money will be protected. STM is expected to be stable as the exchange rate increases and movement of STM is very low. The STM marker is openly traded on a large cryptographic exchange that can be used by new customers and allows investors to sell it instantly. Thus, in addition to the rise in the currency values associated with the fiat currency of the STM symbol, there is also an inexhaustible potential for the major cryptographic currencies. The development of STM services and new customer desires will create an established STM request.

STM (STREAMITY Token Symbol)

Token name. The key element of STREAMITY ecosystem is Streamitytoken (STM) which constitutes the internal currency of the project. It means that payment for all services of the project is supposed to be accepted only in STM. Number of tokens. STM tokens will be issued on Ethereum platform. The number of STM is strictly limited and is 186,000,000 tokens. In future STM will not be generated Start exchange rate. The cost of one token is determined at the level of 0.2 US dollars for a token. Tokens will be distributed in proportion to the amount contributed by investors during the ICO subject to the premium being due to them. The price of 1STM in ETH will be fixed an hour before PRE-ICO/ICO according to the currency rate of Poloniex exchange market, ETH — USD exchange rates will be updated every hour.

CO STRUCTUR

STREAMITY is collecting funds for the launch of DAPP
STREAMDESK - a P2P cryptocurrency exchange platform.
STREAMITY also plans to develop informational and analytical, educational and investment resources of STREAMITY.ORG and required technologies. Token name. The key element of STREAMITY ecosystem is Streamitytoken (STM) which constitutes the internal currency of the project. It means that payment for all services of the project is supposed to be accepted only in STM.
Number of tokens. STM tokens will be issued on Ethereum platform. The number of STM is strictly limited and is 186,000,000 tokens. In future STM will not be generated.
Start exchange rate. The cost of one token is determined at the level of 0.2 US dollars for a token. Tokens will be distributed in proportion to the amount contributed by investors during the ICO subject to the premium being due to them. The price of 1STM in ETH will be fixed an hour before PRE-ICO / ICO according to the currency rate of Poloniex exchange market, ETH - USD exchange rates will be updated every hour.

PRE ICO parameters:
Soft cap on PRE ICO: -
Hard cap on PRE ICO: 2.8 million USD
The volume of PRE ICO sale: 20,000,000 STM
The volume of ICO sale: 110,200,000 STM
Upon selling of this number of tokens ICO will be considered as completed.

How to buy tokens.
STM Tokens are available for sale for BTC, LTC ETH, ETC, USD, EUR. STM Tokens will be transfered to users' accounts after the second stage of the ICO.
The minimum transaction amount in ETH: 0.1 ETH All the tokens not sold during the ICO remain in the reserve of STREAMITY project founders.

ADVANTAGES

· The "STREAMITY" project is based on the popular mass service, i.e. there will be demand for the project's services under any cryptocurrency market conditions.
· The development of STREAMITY services and the influx of new users will create a steady demand for STM.
· STM tokens will be open traded on the major cryptocurrency exchanges that will make them available to new users and let investors to sell them instantly.
· Input of fiat money to exchange markets and its withdrawal is far more profitable if you use "STREAMDESK" service, thanks to its convenience, low commissions and market prices of the tokens.
· The risk of manipulating STM tokens' rates is minimized due to the reserve fond containing STM tokens and fiat currencies.
· Each holder possessing more than 1250 STM will receive a set of privileges and will be provided with even lower commissions on the "STREAMDESK" platform.
Thus, purchase of a STM token during the ICO is of value for the following market participants:
- crypto investors – may gain profit from selling STM tokens at the secondary market or using STM tokens as a low-risk component of their investment portfolios;
- interested users of STREAMITY service– obtain STM tokens at a much lower price than at the moment of the service launch which allows them to save significantly when using the STREAMITY service.

DISTRIBUTION OF TOKENS

25%-Streamity team.
40% of the Streamity team share will be contained in the reserve, created to sustain the development of STREAMDESK service and maintain the liquidity within the system.
50% of the Streamity team share will be blocked for a year according to the conditions of smart-contracts until the launch of STREAMDESK mobile application.
10% of the team share will be paid to the staff as gratitudes for the accomplished work.
2%- advisors and partners. Shares of "STREAMITY" advisors and partners will be blocked for one year according to the conditions of smart-contracts.

BONUS PROGRAM

«Streamity» offers special discounts depending on how early the buyer decided to support the project. During the PRE ICO the discount will be 30%. Then the ICO will consist of 2 phases. On the first day of the first phase the discount will be 20%. From the second day till the end of the first phase the discount will be 15%. At the second phase the discount will be 10%.
Moreover, each token buyer starting from 1,250STM at the PRE ICO or on the first day of the ICO will be able to obtain a set of benefits of the main service of STREAMDESK provided that the balance is not less than the cost of the benefit package. It means that if you invest 1,250STM at the PRE ICO stage or on the first day of the ICO and keep them in balance, you obtain the “Platinum” package which gives the right to exchange on the STREAMDESK platform with a commission of 0.5%. Likewise, if you invest 7,500STM, you obtain the “Brilliant” package, if you invest 25,000STM – the “Unlimited” package. The scheme of obtaining benefits is detailed in the STREAMDESK service monetization section.

BOUNTY CAMPAIGN

Bonus shares will be distributed in two phases.
3% of the overall number of the STM tokens sold during the pre-ICO will be distributed after the pre-ICO.
3% of the overall number of the STM tokens sold during the ICO will be distributed after the ICO.