StreamCoin ICO Ends With a Secured Soft Cap, 100+ Exchange Listings To Follow in May
In the last three months since StreamCoin started its ICO, the Dubai-based company has continued surprising its investors by delivering more than promised.
With a secured soft cap after more than $11.7 million in ICO sales, the team coordinated a one-of-a-kind token listing that will comprise over 100 exchanges to list STRM in May.
Lasting from February 1 until April 30, 2022, the StreamCoin ICO provided lucrative investment opportunities for all participants. The company started the ICO with a high-reward referral program and a wide-scale airdrop, where eligible investors got five times their STRM in GaStream (GSTRM), its recently-issued utility token.
A few days before the ICO conclusion, CEO Michael Ein Chaybeh confirmed the rumored 100+ exchanges listing plan. What is more, the number of wallets holding STRM has surpassed 100,000 following the rush to invest in the ICO during its latest days.
StreamCoin’s recent turnout was mainly due to its overwhelming presence at the World Live Streamers Conference. Held on March 25, 2022, in Dubai, UAE, this conference exposed the company to global investors, industry leaders, creators, and influencers who all gathered to watch the CEO’s keynote, where he introduced the Alpha version of MeiTalk—StreamCoin’s multi-streaming platform.
In late April, the StreamCoin community fostered the project to win in ByVotes, a voting contest held by the Bybit exchange where the winner will get listed on its platform. The project competed against multiple community-backed projects, namely Baby Doge, Floki Inu, EverRise, Galaxy Blitz, and Medabots.
StreamCoin has allocated 222,222 STRM ($200,000 Approx.) to be shared among its voters through the Bybit exchange to express its gratitude to the community.
In a statement, Michael also thanked all participants who voted for STRM:
“Joining the competition alongside the likes of Baby Doge and Floki Inu is already an honor to StreamCoin, given that these have been in the crypto space longer than us…However, our community has proven its support for us, and it’s something that I am immensely proud of. To those who voted for STRM and who continue to back us up, my utmost gratitude to you.”
To provide the best value for its investors following the ICO, the company swiftly launched a staking portal where all STRM holders can stake and earn returns in GSTRM. Named STRM Staking, this portal offers exclusive staking plans with up to 700% interest. However, these plans will be only available between May 1 at 9:00 AM GST and May 5 at 11:59 PM GST. Interested investors can visit the official STRM Staking portal to learn more.
In line with the upcoming 100+ exchanges listing, StreamCoin is preparing to launch Stream Bridge, a swapping portal that will enable STRM holders to migrate their tokens between blockchains. This portal will boost STRM’s liquidity for traders who prefer decentralized exchanges.
The company is yet to announce all the details about the listing due to NDAs (Non-disclosure Agreements). To stay updated with StreamCoin’s latest announcements, you can follow its official channels on social media:
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any service.
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