Uniswap (UNI) and Chainlink (LINK) are two well known crypto projects with a reputation spanning at least a few years. But reputation is not the only critical factor in determining investor value. Little wonder why many Uniswap (UNI) and Chainlink (CHAIN) investors are getting attracted to a newer project with an expected 75X growth potential.
DeeStream (DST) is a revolutionary project shaking up the video streaming landscape. It is a decentralized platform that gives power to its token holders with its decentralized governance. Unlike traditional streaming giants relying on centralized servers, DeeStream (DST) empowers users to contribute their bandwidth and storage, creating a distributed network for video delivery.
What is Happening to Uniswap (UNI)?
Uniswap (UNI) is a decentralized exchange (DEX) built on the Ethereum (ETH) blockchain. Unlike traditional exchanges controlled by a central authority, Uniswap operates through an automated protocol that facilitates peer-to-peer (P2P) trading of cryptocurrencies.
Uniswap (UNI) has also been affected by the volatility of the market but has gained recent improvement in prices with a 3.22% rise over the last 24 hours and currently trades at $12.70. Uniswap also has a solid community behind it and can bounce back from the dip in prices. Due to market volatility, investors in Uniswap (UNI) are looking for alternatives to diversify their portfolio.
The rise of DeFi applications has benefited Uniswap (UNI) as it’s a popular platform for trading DeFi tokens. Uniswap (UNI) is predicted to be one of the altcoins to thrive in 2024 as it had a 17% gain in the last month to the coinmarket cap.
Chainlink (LINK) Joins the Party
Chainlink (LINK), just like Uniswap (UNI), is also built on Ethereum (ETH) blockchain. It aims to bridge the gap between blockchains (like Ethereum) and the real world by providing secure and reliable access to off chain data. Chainlink (LINK) has also been hit by market volatility over the last few weeks. But according to Coinmarketcap, Chainlink (LINK) has gained 158% over the past year and currently trades at $19.05.
DeeStream (DST): A Paradigm Shift In Video Streaming
DeeStream (DST) is a decentralized video streaming platform built on peer-to-peer (P2P) technology. This new technology offers some advantages over its traditional competitors.
By eliminating centralized infrastructure, DeeStream (DST) promises faster streaming experiences and potentially lower costs for both content creators and viewers. Traditional competitors process withdrawals very slowly while both creators and fans pay a lot of fees to have a great experience.
The decentralized nature of the network also makes it resistant to censorship, potentially fostering a more open and accessible platform for content creators. This means that there are no unnecessary bans for speaking your mind. Furthermore, another part of this presale is the opportunity it affords early investors.
Presale token holders will have governance over the platform, this means the investors can propose changes to the marketplace to bring the best user experience all around. Also, presale investors will earn revenue from fees generated on the platform. DeeStream is currently in stage 2 of its presale and selling at $0.055.
Find out more about the DeeStream (DST) presale by visiting the website here.