A new player is setting the crypto market alight as it causes a tsunami with its fast-selling presale. Say hello to DeeStream (DST), the world’s first decentralized video streaming platform. With established crypto giants Solana (SOL) and Cardano (ADA) having to negotiate serious hurdles to remain relevant in 2024, here’s how DeeStream (DST) is gaining tremendous momentum with its ongoing presale.
Deestream (DST): Causing a Video Streaming Revolution With Decentralization
The global video streaming market is forecasted to grow to $247 billion by 2027, and DeeStream (DST) is targeting a substantial market share with the world’s first decentralized streaming platform. Using blockchain technology to revolutionize content sharing, DeeStream (DST) looks set to become a serious player.
Already gaining popularity among champions of free speech, content creators and viewers will benefit from decentralized governance, a diverse range of income sources, instant withdrawals, and reduced fees. These are in addition to gifted subscriptions and Dee gifts designed to bring creators closer to their viewers.
DeeStream’s (DST) potential is illustrated by its fast-selling presale, which has already sold over a million early-stage tokens. With the coin available at just $0.035 and selling fast, it’s already seen as a steal for investors seeking 50x returns in 2024.
Solana (SOL): Remaining Under Pressure in 2024
Thanks to its speed and scalability, Solana (SOL) became one of the hottest crypto projects soon after its launch in 2020. This was enabled by Solana’s (SOL) unique hybrid mechanism that combines proof-of-history (PoH) with proof-of-stake (PoS).
However, after being hit by the FTX collapse in Q4 2022 and a security breach in late 2023 that saw $4 million taken from users’ wallets, Solana (SOL) has seen its value hit. It has been overtaken by BNB (BNB) as the second most valuable non-tether altcoin.
Whether it can rebound remains to be seen in the coming months, as experts remain unsure whether Solana (SOL) can adapt to these market pressures.
Cardano (ADA): Blockchain Innovator Hitting the Buffers
Cardano (ADA) is another blockchain initially developed to resolve many issues around the speed, efficiency, and scalability of Ethereum’s proof-of-work (PoS) consensus mechanism. Employing a multi-layered blockchain and PoS protocol, developers flocked to Cardano (ADA) in their droves.
While Cardano (ADA) continues to deliver governance and excellent staking returns to coin holders, its appeal has dimmed a little due to Cardano’s (ADA) enormous number of competing blockchains. These blockchains offer scalability and flexibility in a more competitive marketplace than ever before.
Conclusion
While the blockchain market becomes increasingly populated, meaning that Solana (SOL) and Cardano (ADA) face future challenges to remain relevant in a fast-evolving marketplace. DeeStream (DST) is in the enviable position of being able to forge its own path with its unique value proposition. As a result, it’s DeeStream (DST) that investors are finding the most attractive investment opportunity of 2024.
Find out more about the DeeStream presale at their official website.
