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DeeStream Gains Momentum with Ethereum & Solana Backers Targeting to Rival Twitch with Groundbreaking Features

by BSC News

April 17, 2024

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With unique features set to rival Twitch, early backers anticipate significant returns from DeeStream.

Finding great investments can be challenging with the booming Web3 market and new projects popping up regularly. Investors need to carefully consider what problems a project solves and whether there's a real need for it. This is key for making profitable investments, so they have to spend extra time figuring out the potential uses and benefits of each project.

DeeStream is a new decentralized streaming platform. It's just starting, but it has huge potential to be better and bigger than Twitch. Currently, they are in the presale stage, and big investors, known as whales, are already buying in big. Getting in on this early could mean big profits for you in the future. 

JPMorgan Anticipates Approval of Ethereum ETFs

JPMorgan thinks that the U.S. Securities and Exchange Commission (SEC) will likely give the green light to exchange-traded funds (ETFs) for ether in the future. But they're only 50% sure it will happen in May. If the SEC says no to an ether ETF then, there might be a legal battle.

On January 10, they gave the green light to 11 new bitcoin ETFs after a court sided with Grayscale Investments. Grayscale wanted to change its bitcoin trust (GBTC) into a regular bitcoin ETF, even though the SEC initially said no. SEC Chair Gary Gensler later said, "We follow our rules and how courts understand those rules."

As speculation continues, Ethereum investors are betting on DeeStream due to its unique benefits and advanced technology. Analysts expect more than 100X returns after the launch.

Solana Faces Network Issue on its Chain

The Solana blockchain has seen a big increase in users lately, especially with the popularity of meme coins and trades on decentralized exchanges (DEXes). However, there's been a bit of a hiccup. Around 70% of transactions unrelated to voting have hit a snag recently. However, the co-founders of Solana are standing by their project. They've assured everyone that their team is on it, working hard to fix these technical issues. 

Solana's CEO, Anatoly Yakovenko, shared his frustration, saying fixing congestion bugs is tougher than dealing with complete system failures. When there's a total failure, finding and fixing the problem is relatively straightforward. However, congestion bugs are trickier because they need thorough testing before releasing updates. This slows down the process of getting improvements out quickly.

Problems in Ethereum and Solana Investors shifting to DeeStream

DeeStream is the revolutionary decentralized streaming platform that's shaking up the industry. Unlike traditional giants like Kick and Twitch, DeeStream is all about fixing the problems they've overlooked.

DeeStream is putting the power in the hands of everyone involved. Users will be incentivized to help the platform grow by completing various tasks and earning rewards along the way. These tasks aren't just for show—they directly contribute to improving DeeStream for everyone.

DeeStream has a lot going for it, including plans to keep liquidity locked indefinitely. Plus, with a presale price of only $0.06, it's clear this is a great opportunity.

Find out more about the DeeStream presale by visiting the website here

Disclaimer: This is a paid press release, BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $225. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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