$DATA
#BinanceData The DATA crypto coin is the native token of **Streamr**, a decentralized platform focused on real-time data sharing and monetization. Streamr allows users and devices to exchange data directly through a peer-to-peer network, bypassing centralized intermediaries. The platform supports use cases like secure messaging, data monetization, and integration with decentralized applications (dApps).
The DATA token (an ERC-20 token on Ethereum) powers the Streamr ecosystem by enabling payments, governance, and staking. It compensates data producers and consumers while maintaining the network's security through node operators who earn rewards by running Streamr nodes.
Streamr's technology is compatible with blockchains like Ethereum, Polygon, and Gnosis, offering a scalable, fault-tolerant infrastructure for decentralized data streaming. The project launched in 2017 and aims to address the inefficiencies of centralized data solutions.