Streamr price

DATA

#1806

The DATA token is used to incentivize Operator nodes in the Streamr Network. Operator nodes contribute security and bandwidth to the network by forwarding messages and boosting the connectivity of a data stream. Stream owners, on the other hand, can pay DATA tokens into Sponsorship smart contracts, which then distribute DATA to staked Operators. By staking on Sponsorships, Operators commit to their nodes working on the associated stream for the duration of the Sponsorship.

The token is also used for voting in the Streamr DAO, where governance proposals called SIPs govern spending from the token reserve as well as network parameters.

The Streamr video streaming app enables anyone to have secure meetings or broadcasts without depending on any centralized actors. The static web application runs in the browser, and there is no server component to distribute the video content, because that happens in P2P fashion over the underlying Streamr Network.

The problem it solves is that most organizations and individuals depend on big tech centralized platforms such as Google Meet, Teams, and Zoom for internal meetings, and X Spaces, Youtube Live, or Twitch for public broadcasts. Such centralization and dependence, in particular in the tech giants based in the US, creates a risk of personal and business secrets getting compromised, especially in the age of AI. The Streamr App offers a more private and more secure alternative that doesn't depend on any company, country, or even a server.

As a browswer-based mainstream product which users can start using in one click, the Streamr App can potentially interest a large audience as opposed to more technical infrastructure products such as the Streamr Network. This makes the Streamr App the spearhead of the project's go-to-market strategy.

The core technology of Streamr is a decentralized publish/subscribe communication network suitable for high-bandwidth, low-latency use cases such as video streaming. On top of the underlying P2P network, applications such as the Streamr App can be built. The data transported by the protocol can be anything, ranging from video and audio to JSON objects carrying financial information or telemetrics from a DePIN network.

All data on the network is signed with cryptographic keys to prevent tampering and prove data origin, while all non-public data is end-to-end encrypted to prevent unauthorized access. The network has been shown to perform well at scale, maintaining its low-latency properties at global scale as more and more nodes join the network.

A set of smart contracts contain stream metadata and permission information, as well as power the DATA tokenomics. The smart contract ecosystem can be deployed to any EVM chain, with the Polygon chain hosting the currently most active Streamr ecosystem.

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