Stream Network AG
Name
Stream Network AG
Summary
-Streamr (DATA) is an open source project and decentralized platform that relies on cryptography instead of trust.
-It was founded in 2014 by Henry PIhkala and Risto karjalainen.
-SteamR is based on the Ethereum Blockchain network
Rating
Symbol
DATA
Overview
SteamR is a P2P, real-time data infrastructure that houses a platform and tools for a new data economy. The technology stack includes a highly scalable live messaging network (pub/sub) hosted on computers across the globe.
SteamR is also a marketplace for trading/selling data and a set of tools for working with real-time data.
The competitive advantage lies in the fact that it is an off-chain network (for example, when compared to a similar IOTA service). Therefore, the risk that the project will face scalability and bandwidth issues is modest. The intention of the Streamr team is not to create some special blockchain, but to focus on the development of network optimization technologies. If Streamr lacks the capabilities of Ethereum, developers can always transfer the platform to another blockchain.
Historical Price Movement (in INR)
Technology
StreamR’s decentralized pub/sub network is supported by nodes around the world,who earn DATA tokens in exchange for the bandwidth and validation they provide
StreamR employs various nodes to make its protocol tick.Broker nodes are the key element of the network that have a way of functioning as data is received from providers (also called publishers) and transmitted to consumers – this is the publish/subscribe pattern that the network uses. Sponsors (which may be publishers) pay DATA tokens into a smart contract (called a Bounty) to secure the operation of the stream. The data stream is secured by broker nodes mining Bounties, and relayed to subscribers through publisher or broker nodes (data streams are segmented).
StreamR’s decentralized pub/sub network is supported by nodes around the world, who earn DATA tokens in exchange for the bandwidth and validation they provide.
Use of Native tokens in the ecosystem:
Streamr DATA coin includes creating a comfortable and prosperous information market, which is built on the basis of a data exchange network that is convenient and understandable for users.
Sponsors or publishers use DATA tokens into a smart contract (called a Bounty) to secure the operation of the stream
Crowdfunding Projects
65%
Treasury
15%
Partners and consultants of the project
3%
Distributed among the Streamr community.
2%
founding team
15%
Volume ( as of 26Th April)
$6,093,696
Total Supply
861,800,042 DATA
Circulating Supply
767,121,867.27 DATA
Crowd Sales
StreamR raised CHF30M in its funding rounds
Funding
16/10/2017-ICO-CHF30M
27/01/2017-Seed Round-N.A
01/01/2015-Seed Round-N.A
Country
Switzerland
Year Incorporated
2014
Registered Address
C/O SIELVA MANAGEMENT SA
GUBELSTRASSE 11
ZUG V8 6300
Dispute Resolution and Governing Law
Switzerland
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Founding Team
| Name | Designation | Education | Experience |
| Henry PIhkala | Founder & CEO | Teknillinen korkeakoulu-Tekniska högskolanMaster of Science (M.Sc.), Computer Science | 31Yrs |
| Risto karjalainen | Founder & COO | The Wharton SchoolPh.D., Decision SciencesTeknillinen korkeakoulu-Tekniska högskolanM.Sc., Systems and Operations Research | 29Yrs |
| Nikke Nylund | Head of Business Development | Aalto University, School of BusinessBachelor's Degree, Entrepreneurship & Finance | 45Yrs |
| Michael Malka | Head of StreamR labs | University of Helsinkimasters (not finished), Computer science | 38Yrs |
