What is OpenStream World?
OpenStream is a cutting-edge decentralized video streaming network that has been designed to enable various types of scalable, interactive online events that are easy to host. The platform offers a wide range of applications that allow users to participate in online events in a seamless and secure manner. OpenStream is built on the blockchain technology, which provides a secure and transparent network for video streaming and related activities.
The OSW Token: A Native Utility Token OSW is the native utility token that is used to pay for network broadcast fees, staking, investment, donation, and the buying and selling of NFTs (non-fungible tokens). The token has been designed to facilitate various activities on the OpenStream platform and play a vital role in the network's ecosystem.
Applications of OpenStream The OpenStream platform offers a variety of applications that enable users to take full advantage of its decentralized network. These include:
- OpenStream Core: A framework for blockchain-based video streaming web and applications.
- Stream Node Forgers: A node in the OSW network, this application provides video transcoding services and other video infrastructure services that allow projects to build scalable video applications. Forgers are compensated with OSW tokens and project tokens.
- OpenStream World: An ecosystem that includes a range of products, including tools and utilities for building a website that is needed to use the livestream feature.
- OpenStream Marketplace: Traditional online events rely on centralized companies that provide trust and technology. OpenStream's marketplace is a decentralized platform that enables users to participate in a variety of events in a secure and transparent manner.
- IOSO (Initial Open Stream Offering): A new way of raising funds that can be used to start up a business or to further development and expansion.
OSW Token Supply OpenStream World launched its mainnet on December 09, 2021, with 680 million OSW tokens created at genesis. 57% of the total token supply has been set aside for ecosystem growth, while 15.5% has been reserved for the team and advisors. The remaining tokens are intended for fundraising and liquidity purposes.
In conclusion, OpenStream is a decentralized video streaming network that offers a secure and transparent platform for online events. With its native OSW token and a range of applications, the platform is set to revolutionize the video streaming industry and provide users with a seamless and engaging experience.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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