What is Streamr? All You Need to Know About DATA
Streamr (DATA) is a decentralized platform for real-time data exchange and monetization, built on blockchain technology.
The drive for democratic data monetization highlights the need to reward users for their contributions to data from sources like security exchanges, IoT sensors, and social platforms. This approach allows machines to autonomously sell data, earn payment, and buy necessary data. This establishes a global market for real-time data with secure provenance, encryption, and access control, ensuring users and machines benefit fairly. Streamr (DATA) stands at the forefront of this shift, providing the necessary infrastructure to facilitate this new model of data exchange.
What is Streamr (DATA)?
Streamr Network AG, the corporate entity behind the protocol, was incorporated in 2017 in Zug, Switzerland, aiming to revolutionize real-time data infrastructure. Founder Henri Pihkala, with a background in real-time data processing and software development, initiated Streamr to enable decentralized data sharing and monetization. Alongside Pihkala, co-founders include Risto Karjalainen, a former analyst and portfolio manager with expertise in real-time data, and Nikke Nylund, who brings extensive entrepreneurial experience in financial and content management systems.
The platform was designed to overcome the limitations of centralized data brokers by facilitating direct data exchange across a decentralized network. This network supports various applications, from IoT to smart cities and Web 3.0, with a global peer-to-peer protocol that is scalable, secure, and permissionless.
Significant milestones include the launch of the Brubeck upgrade in the first half of 2022, enabling decentralized network operations and node operation by users, thus enhancing network robustness and user engagement. The “Corea” update in 2020 established the P2P architecture and introduced the Data Unions framework, fostering a community-driven approach to data monetization.
In 2024, Streamr is set to deploy the full suite of DATA tokenomics, enhancing the economic model of the network by allowing operators and delegators to share revenue more efficiently. This progression underscores Streamr’s commitment to building a foundation for a decentralized future, aiming to reshape how data is produced, consumed, and monetized in the digital age.
How Does Streamr Work? Data Market and Decentralized Network
The Streamr Data Market is an innovative platform where anyone can publish or subscribe to data streams, providing a decentralized solution for data sharing and monetization. This marketplace is integral to Streamr’s ecosystem, utilizing Ethereum smart contracts to manage data access and transactions seamlessly. It supports a variety of data streams that continuously update, enabling real-time interactions between data producers and consumers.
Data within the Streamr market is diverse, encompassing inputs from financial markets, public transportation systems, IoT devices, and social media, among others. Each stream represents a continuous flow of information, such as stock market updates, vehicle telemetry, environmental sensors, and personal health metrics from wearable technology. These data points are valuable not only to businesses and researchers but also to public institutions and tech developers.
Streamr’s marketplace is designed to ensure that data creators can monetize their data effectively. By using smart contracts, the platform ensures transparent and secure transactions, where terms of use and payments are automatically managed and enforced without intermediaries. This setup encourages a fair distribution of revenue, rewarding data producers while providing consumers with access to authentic and timely data.
Furthermore, the marketplace facilitates not just human interactions but also machine-to-machine transactions, predicting a future where autonomous systems could dominate data exchange. For instance, AI could process raw data to generate insights and sell this refined data back on the market. This capability expands the utility of Streamr, making it a foundational element for new applications in the data economy.
Data in the Streamr market can be freely accessed or monetized depending on the creator’s preferences. Some data is openly available, while other datasets require payment, with terms specified in blockchain-based licenses similar to digital media streaming services. This model provides flexibility and control to data producers and ensures that consumers understand their rights and obligations when accessing data.
The decentralized nature of the Streamr Data Market not only enhances privacy and control over data but also ensures that the data ecosystem remains vibrant and competitive. As more data is made available, the value of the market increases, creating a network effect that attracts additional contributors and consumers. This dynamic marketplace is poised to become a critical component of the emerging Web 3.0 landscape, where data security, privacy, and monetization are key.
Transitioning from the detailed workings of the Data Market, the next section explores Streamr’s Decentralized Network. This network supports the underlying infrastructure of the marketplace, ensuring scalable, secure, and efficient data distribution across the globe.
Source: streamr.network
Decentralized Network
The Streamr Network is a decentralized peer-to-peer platform for real-time data publishing and subscription, crucial for applications requiring distributed messaging. Its decentralized architecture enhances scalability, robustness, security, tamper-proofing, and resistance to censorship. Streamr achieves this through a network of nodes interconnected by the Streamr protocol, forming a topic-based publish-subscribe system where topics are represented as streams. This network serves as the backbone for decentralized applications by providing a middleware that facilitates data distribution without relying on central servers.
Nodes in the Streamr Network are essential access points where applications can publish to or subscribe from various streams. Integrating these nodes can be achieved through the Streamr SDK or by running a separate Streamr node. This setup offers flexibility based on the application’s requirements, such as resource constraints or the need for data to be cryptographically signed at the source. The choice between embedding a node within an application or connecting remotely affects the decentralization level and data handling efficiency.
In the Streamr ecosystem, roles like publishers, subscribers, and operators are clearly defined. Publishers bring data into the network, while subscribers use or redistribute this data. Operators, who manage nodes, play a crucial role in maintaining network integrity and reliability. They engage with the network not out of interest in the data itself but to earn DATA tokens by supporting data relay across the network. This incentive structure is crucial for maintaining a high-performance network.
Operators stake DATA tokens on different Sponsorships to earn rewards, which are allocated based on their contribution to data transportation within the network. The staking mechanism encourages Operators to continuously support the network’s stability and security. Delegators also play a role by providing additional tokens to Operators, enhancing their staking capacity and potential rewards. This symbiotic relationship underpins the network’s economic model, balancing token supply with the demand for network services.
The Streamr Network leverages smart contracts for operational tasks such as staking, delegating, and managing rewards. These contracts are important for ensuring transparent and fair interactions within the ecosystem. Operators can adjust their service offerings based on market conditions, providing flexibility and responsiveness to network demands. The Streamr Network is also designed to support high throughput and low latency data transport, making it suitable for a wide range of real-time data services.
This decentralized network not only supports the data market but also forms a foundation for a broader decentralized web. As we move forward, exploring the nuances of the decentralized network will provide deeper insights into how Streamr facilitates a scalable and efficient system for real-time data exchange globally.
Source: streamr whitepaper
Streamr Use Cases
Streamr offers a broad range of applications, harnessing its robust, decentralized network for real-time data streaming. Here are some detailed use cases:
- AI and Live Video Streaming: Streamr not only facilitates the delivery of data to and from AI models but also supports AI agents that require continuous data flow. Additionally, it acts as a decentralized content delivery network (CDN) for broadcasting live video streams, ensuring high availability and reduced latency.
- IoT and DePin: The platform integrates effortlessly with IoT devices and DePIN hardware to stream data securely and verifiably. This capability is crucial for industries that rely on real-time data from sensors and other smart devices, enhancing operational efficiency and enabling advanced analytics.
- Communications and Metaverse Applications: Streamr revolutionizes secure communications by eliminating the need for servers, reducing potential points of failure and privacy breaches. It also supports the metaverse by enabling multicast interactive experiences and dynamic environments at scale, which are essential for creating immersive virtual worlds.
- Data Monetization: Streamr enables users to monetize their data through the sale of subscriptions to data streams. This opens up financial opportunities for data producers and provides valuable, real-time data access to consumers, fostering a vibrant marketplace for data exchange.
These examples underscore Streamr’s versatility and its capacity to drive innovation across different sectors, demonstrating just a few of the many potential use cases Streamr can support.
What is the DATA Coin?
DATA is the native cryptocurrency used within the Streamr data marketplace and network. Its total supply counts 1.09 billion units, of which 1.03 billion are already in circulation (May 2024).
The DATA coin is operating on the Ethereum blockchain as an ERC-20 token. It plays a central role in facilitating operations across the Streamr platform, primarily used for incentivizing node operators within the network, facilitating data transactions, and enabling network governance. As the medium of exchange on the Streamr Data Market, DATA allows users to buy and sell real-time data streams, ensuring that data producers and consumers can transact securely and transparently.
The tokenomics of the DATA coin are designed to support a decentralized network for real-time data. It provides the economic foundation for the various roles within the network, including publishers, subscribers, and node operators, known as Brokers. These Brokers are incentivized through DATA rewards to run and maintain the infrastructure that reliably processes and transports the streaming data. Furthermore, DATA coins are staked by network participants as a security measure, aligning the incentives of various stakeholders with the overall health and security of the network.
In addition to its utility in transactional processes, DATA serves as a governance token, giving holders the right to participate in decisions concerning the development and operation of the Streamr ecosystem. This includes proposing and voting on changes to the network protocols, updates, and features, promoting a democratic and decentralized model of operation.
Source: streamr whitepaper
Staking mechanisms on the Streamr network encourage both the securing of the network through node operation and the delegation of stakes to trusted operators, promoting network integrity and performance. By engaging with the DATA economy, participants can contribute to and benefit from a robust marketplace for real-time data, supporting a range of applications from IoT through to financial data services and beyond. Thus, the DATA coin is essential not only as a financial instrument but also as a fundamental component of Streamr’s decentralized network architecture.
Streamr Main Features
Streamr introduces a multifaceted platform with numerous features aimed at enhancing the real-time data ecosystem.
Stream Sponsorships
Stream Sponsorships are integral to the Streamr network, offering a structured system where Sponsors pay DATA tokens into smart contracts to support the network. Operators, in turn, stake DATA tokens and run nodes to relay data, enhancing the network’s overall robustness and performance. This system ensures that node operators are compensated for their contributions to data flow, maintaining the network’s efficiency and reliability. The sponsorship lifecycle—from creation and staking to earnings distribution—is meticulously managed through smart contracts, ensuring transparency and fairness in compensations. This arrangement fosters a sustainable and cooperative environment within the Streamr ecosystem.
Source: docs.streamr.network
Data Unions
Data Unions empower individuals by enabling them to monetize their data through a decentralized framework. This innovative system not only facilitates data monetization but also ensures that data is collected ethically, with explicit user consent, promoting transparency and user empowerment. Revenue generated from data sales is shared fairly with the contributors, fostering a community-centric approach to data economy. Data Unions thus represent a shift towards more equitable data markets where contributors receive their fair share of the data value they help create, aligning economic incentives with data privacy and control.
Source: streamr.network
thechat.app
thechat.app leverages Streamr’s infrastructure to offer a decentralized messaging service. This application allows users to create chatrooms that operate on a peer-to-peer network, ensuring privacy and security without intermediaries. The underlying technology supports public, private, and token-gated chatrooms, providing flexibility and control to users over their communication environments. This feature exemplifies how Streamr’s technology can be extended beyond traditional data streaming to include secure, decentralized communication solutions, promoting user autonomy and enhancing interactive experiences in real-time digital communications.
Source: streamr.network
Tracey
Streamr’s subsidiary TX collaborates with WWF Philippines and UnionBank on the Tracey project, improving Philippine fisheries’ sustainability. This initiative utilizes the Streamr Network to verify catch data, helping fisherfolk gain access to microloans by enhancing their credit profiles. Tracey enables direct compensation for fisherfolk for their data contributions, reducing poverty among them by providing a stable income stream. This innovative use of decentralized data aims to provide economic support and sustainability in the fishing industry.
Source: streamr.network
These features are just a few examples of Streamr’s capabilities, demonstrating its potential to revolutionize data distribution and monetization in a decentralized manner. Streamr’s commitment to building a comprehensive ecosystem for real-time data enhances transparency, security, and user control, promising significant impacts across various sectors.
Is DATA a Good Investment?
DATAcoin, integral to Streamr, facilitates real-time data transfer and monetization, presenting a novel approach to data sharing and consumption across decentralized networks. This innovative model positions DATA as an appealing asset in the burgeoning data economy. However, the adoption of Streamr and its native token faces challenges such as the complexity of blockchain technology to average users and stiff competition from other data monetization platforms. The project’s success hinges on broader market acceptance and the continuous expansion of its user base and partnerships within an ever-evolving digital landscape.
How to Own DATA?
To own DATA, you can use the services of a centralized crypto exchange. Start by creating a Gate.io account, and get it verified and funded. Then you are ready to go through the steps to buy DATA.
News on Streamr
According to what was announced on the official Streamr blog, dated March 19, 2024, the Streamr Network 1.0 Mainnet is live, marking a significant advancement with fully decentralized data broadcasting. This launch finalizes the original 2017 roadmap, featuring a fully deployed $DATA token incentive layer, and introduces new roles like Sponsors and Operators within the network. Streamr 1.0 supports the DIMO Weather Firehose for real-time environmental data, demonstrating its capacity to handle complex data streams at scale and setting the stage for future decentralized applications in AI and video streaming.
Take Action on DATA
Check out DATA price today, and start trading your favorite currency pairs.
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What is Streamr? All You Need to Know About DATA
What is Streamr (DATA)?
How Does Streamr Work? Data Market and Decentralized Network
Streamr Use Cases
What is the DATA Coin?
Streamr Main Features
Is DATA a Good Investment?
How to Own DATA?
News on Streamr
Take Action on DATA
Streamr (DATA) is a decentralized platform for real-time data exchange and monetization, built on blockchain technology.
The drive for democratic data monetization highlights the need to reward users for their contributions to data from sources like security exchanges, IoT sensors, and social platforms. This approach allows machines to autonomously sell data, earn payment, and buy necessary data. This establishes a global market for real-time data with secure provenance, encryption, and access control, ensuring users and machines benefit fairly. Streamr (DATA) stands at the forefront of this shift, providing the necessary infrastructure to facilitate this new model of data exchange.
What is Streamr (DATA)?
Streamr Network AG, the corporate entity behind the protocol, was incorporated in 2017 in Zug, Switzerland, aiming to revolutionize real-time data infrastructure. Founder Henri Pihkala, with a background in real-time data processing and software development, initiated Streamr to enable decentralized data sharing and monetization. Alongside Pihkala, co-founders include Risto Karjalainen, a former analyst and portfolio manager with expertise in real-time data, and Nikke Nylund, who brings extensive entrepreneurial experience in financial and content management systems.
The platform was designed to overcome the limitations of centralized data brokers by facilitating direct data exchange across a decentralized network. This network supports various applications, from IoT to smart cities and Web 3.0, with a global peer-to-peer protocol that is scalable, secure, and permissionless.
Significant milestones include the launch of the Brubeck upgrade in the first half of 2022, enabling decentralized network operations and node operation by users, thus enhancing network robustness and user engagement. The “Corea” update in 2020 established the P2P architecture and introduced the Data Unions framework, fostering a community-driven approach to data monetization.
In 2024, Streamr is set to deploy the full suite of DATA tokenomics, enhancing the economic model of the network by allowing operators and delegators to share revenue more efficiently. This progression underscores Streamr’s commitment to building a foundation for a decentralized future, aiming to reshape how data is produced, consumed, and monetized in the digital age.
How Does Streamr Work? Data Market and Decentralized Network
The Streamr Data Market is an innovative platform where anyone can publish or subscribe to data streams, providing a decentralized solution for data sharing and monetization. This marketplace is integral to Streamr’s ecosystem, utilizing Ethereum smart contracts to manage data access and transactions seamlessly. It supports a variety of data streams that continuously update, enabling real-time interactions between data producers and consumers.
Data within the Streamr market is diverse, encompassing inputs from financial markets, public transportation systems, IoT devices, and social media, among others. Each stream represents a continuous flow of information, such as stock market updates, vehicle telemetry, environmental sensors, and personal health metrics from wearable technology. These data points are valuable not only to businesses and researchers but also to public institutions and tech developers.
Streamr’s marketplace is designed to ensure that data creators can monetize their data effectively. By using smart contracts, the platform ensures transparent and secure transactions, where terms of use and payments are automatically managed and enforced without intermediaries. This setup encourages a fair distribution of revenue, rewarding data producers while providing consumers with access to authentic and timely data.
Furthermore, the marketplace facilitates not just human interactions but also machine-to-machine transactions, predicting a future where autonomous systems could dominate data exchange. For instance, AI could process raw data to generate insights and sell this refined data back on the market. This capability expands the utility of Streamr, making it a foundational element for new applications in the data economy.
Data in the Streamr market can be freely accessed or monetized depending on the creator’s preferences. Some data is openly available, while other datasets require payment, with terms specified in blockchain-based licenses similar to digital media streaming services. This model provides flexibility and control to data producers and ensures that consumers understand their rights and obligations when accessing data.
The decentralized nature of the Streamr Data Market not only enhances privacy and control over data but also ensures that the data ecosystem remains vibrant and competitive. As more data is made available, the value of the market increases, creating a network effect that attracts additional contributors and consumers. This dynamic marketplace is poised to become a critical component of the emerging Web 3.0 landscape, where data security, privacy, and monetization are key.
Transitioning from the detailed workings of the Data Market, the next section explores Streamr’s Decentralized Network. This network supports the underlying infrastructure of the marketplace, ensuring scalable, secure, and efficient data distribution across the globe.
Source: streamr.network
Decentralized Network
The Streamr Network is a decentralized peer-to-peer platform for real-time data publishing and subscription, crucial for applications requiring distributed messaging. Its decentralized architecture enhances scalability, robustness, security, tamper-proofing, and resistance to censorship. Streamr achieves this through a network of nodes interconnected by the Streamr protocol, forming a topic-based publish-subscribe system where topics are represented as streams. This network serves as the backbone for decentralized applications by providing a middleware that facilitates data distribution without relying on central servers.
Nodes in the Streamr Network are essential access points where applications can publish to or subscribe from various streams. Integrating these nodes can be achieved through the Streamr SDK or by running a separate Streamr node. This setup offers flexibility based on the application’s requirements, such as resource constraints or the need for data to be cryptographically signed at the source. The choice between embedding a node within an application or connecting remotely affects the decentralization level and data handling efficiency.
In the Streamr ecosystem, roles like publishers, subscribers, and operators are clearly defined. Publishers bring data into the network, while subscribers use or redistribute this data. Operators, who manage nodes, play a crucial role in maintaining network integrity and reliability. They engage with the network not out of interest in the data itself but to earn DATA tokens by supporting data relay across the network. This incentive structure is crucial for maintaining a high-performance network.
Operators stake DATA tokens on different Sponsorships to earn rewards, which are allocated based on their contribution to data transportation within the network. The staking mechanism encourages Operators to continuously support the network’s stability and security. Delegators also play a role by providing additional tokens to Operators, enhancing their staking capacity and potential rewards. This symbiotic relationship underpins the network’s economic model, balancing token supply with the demand for network services.
The Streamr Network leverages smart contracts for operational tasks such as staking, delegating, and managing rewards. These contracts are important for ensuring transparent and fair interactions within the ecosystem. Operators can adjust their service offerings based on market conditions, providing flexibility and responsiveness to network demands. The Streamr Network is also designed to support high throughput and low latency data transport, making it suitable for a wide range of real-time data services.
This decentralized network not only supports the data market but also forms a foundation for a broader decentralized web. As we move forward, exploring the nuances of the decentralized network will provide deeper insights into how Streamr facilitates a scalable and efficient system for real-time data exchange globally.
Source: streamr whitepaper
Streamr Use Cases
Streamr offers a broad range of applications, harnessing its robust, decentralized network for real-time data streaming. Here are some detailed use cases:
- AI and Live Video Streaming: Streamr not only facilitates the delivery of data to and from AI models but also supports AI agents that require continuous data flow. Additionally, it acts as a decentralized content delivery network (CDN) for broadcasting live video streams, ensuring high availability and reduced latency.
- IoT and DePin: The platform integrates effortlessly with IoT devices and DePIN hardware to stream data securely and verifiably. This capability is crucial for industries that rely on real-time data from sensors and other smart devices, enhancing operational efficiency and enabling advanced analytics.
- Communications and Metaverse Applications: Streamr revolutionizes secure communications by eliminating the need for servers, reducing potential points of failure and privacy breaches. It also supports the metaverse by enabling multicast interactive experiences and dynamic environments at scale, which are essential for creating immersive virtual worlds.
- Data Monetization: Streamr enables users to monetize their data through the sale of subscriptions to data streams. This opens up financial opportunities for data producers and provides valuable, real-time data access to consumers, fostering a vibrant marketplace for data exchange.
These examples underscore Streamr’s versatility and its capacity to drive innovation across different sectors, demonstrating just a few of the many potential use cases Streamr can support.
What is the DATA Coin?
DATA is the native cryptocurrency used within the Streamr data marketplace and network. Its total supply counts 1.09 billion units, of which 1.03 billion are already in circulation (May 2024).
The DATA coin is operating on the Ethereum blockchain as an ERC-20 token. It plays a central role in facilitating operations across the Streamr platform, primarily used for incentivizing node operators within the network, facilitating data transactions, and enabling network governance. As the medium of exchange on the Streamr Data Market, DATA allows users to buy and sell real-time data streams, ensuring that data producers and consumers can transact securely and transparently.
The tokenomics of the DATA coin are designed to support a decentralized network for real-time data. It provides the economic foundation for the various roles within the network, including publishers, subscribers, and node operators, known as Brokers. These Brokers are incentivized through DATA rewards to run and maintain the infrastructure that reliably processes and transports the streaming data. Furthermore, DATA coins are staked by network participants as a security measure, aligning the incentives of various stakeholders with the overall health and security of the network.
In addition to its utility in transactional processes, DATA serves as a governance token, giving holders the right to participate in decisions concerning the development and operation of the Streamr ecosystem. This includes proposing and voting on changes to the network protocols, updates, and features, promoting a democratic and decentralized model of operation.
Source: streamr whitepaper
Staking mechanisms on the Streamr network encourage both the securing of the network through node operation and the delegation of stakes to trusted operators, promoting network integrity and performance. By engaging with the DATA economy, participants can contribute to and benefit from a robust marketplace for real-time data, supporting a range of applications from IoT through to financial data services and beyond. Thus, the DATA coin is essential not only as a financial instrument but also as a fundamental component of Streamr’s decentralized network architecture.
Streamr Main Features
Streamr introduces a multifaceted platform with numerous features aimed at enhancing the real-time data ecosystem.
Stream Sponsorships
Stream Sponsorships are integral to the Streamr network, offering a structured system where Sponsors pay DATA tokens into smart contracts to support the network. Operators, in turn, stake DATA tokens and run nodes to relay data, enhancing the network’s overall robustness and performance. This system ensures that node operators are compensated for their contributions to data flow, maintaining the network’s efficiency and reliability. The sponsorship lifecycle—from creation and staking to earnings distribution—is meticulously managed through smart contracts, ensuring transparency and fairness in compensations. This arrangement fosters a sustainable and cooperative environment within the Streamr ecosystem.
Source: docs.streamr.network
Data Unions
Data Unions empower individuals by enabling them to monetize their data through a decentralized framework. This innovative system not only facilitates data monetization but also ensures that data is collected ethically, with explicit user consent, promoting transparency and user empowerment. Revenue generated from data sales is shared fairly with the contributors, fostering a community-centric approach to data economy. Data Unions thus represent a shift towards more equitable data markets where contributors receive their fair share of the data value they help create, aligning economic incentives with data privacy and control.
Source: streamr.network
thechat.app
thechat.app leverages Streamr’s infrastructure to offer a decentralized messaging service. This application allows users to create chatrooms that operate on a peer-to-peer network, ensuring privacy and security without intermediaries. The underlying technology supports public, private, and token-gated chatrooms, providing flexibility and control to users over their communication environments. This feature exemplifies how Streamr’s technology can be extended beyond traditional data streaming to include secure, decentralized communication solutions, promoting user autonomy and enhancing interactive experiences in real-time digital communications.
Source: streamr.network
Tracey
Streamr’s subsidiary TX collaborates with WWF Philippines and UnionBank on the Tracey project, improving Philippine fisheries’ sustainability. This initiative utilizes the Streamr Network to verify catch data, helping fisherfolk gain access to microloans by enhancing their credit profiles. Tracey enables direct compensation for fisherfolk for their data contributions, reducing poverty among them by providing a stable income stream. This innovative use of decentralized data aims to provide economic support and sustainability in the fishing industry.
Source: streamr.network
These features are just a few examples of Streamr’s capabilities, demonstrating its potential to revolutionize data distribution and monetization in a decentralized manner. Streamr’s commitment to building a comprehensive ecosystem for real-time data enhances transparency, security, and user control, promising significant impacts across various sectors.
Is DATA a Good Investment?
DATAcoin, integral to Streamr, facilitates real-time data transfer and monetization, presenting a novel approach to data sharing and consumption across decentralized networks. This innovative model positions DATA as an appealing asset in the burgeoning data economy. However, the adoption of Streamr and its native token faces challenges such as the complexity of blockchain technology to average users and stiff competition from other data monetization platforms. The project’s success hinges on broader market acceptance and the continuous expansion of its user base and partnerships within an ever-evolving digital landscape.
How to Own DATA?
To own DATA, you can use the services of a centralized crypto exchange. Start by creating a Gate.io account, and get it verified and funded. Then you are ready to go through the steps to buy DATA.
News on Streamr
According to what was announced on the official Streamr blog, dated March 19, 2024, the Streamr Network 1.0 Mainnet is live, marking a significant advancement with fully decentralized data broadcasting. This launch finalizes the original 2017 roadmap, featuring a fully deployed $DATA token incentive layer, and introduces new roles like Sponsors and Operators within the network. Streamr 1.0 supports the DIMO Weather Firehose for real-time environmental data, demonstrating its capacity to handle complex data streams at scale and setting the stage for future decentralized applications in AI and video streaming.
Take Action on DATA
Check out DATA price today, and start trading your favorite currency pairs.
Related articles
What Is Ethereum 2.0? Understanding The Merge
What Is a Cold Wallet？