Is Streamr (DATA) a Good Investment?

Investing in Streamr (DATA) can be appealing for several reasons. Data has become a highly valuable asset in today’s digital age, and Streamr recognizes its significance. Streamr aims to provide real-time data delivery and offers a platform that facilitates the new data economy. By tokenizing the value of real-time data, Streamr enables data providers to freely share their data while allowing users to access and trade this valuable information on the platform's marketplace and data unions.The increasing demand for real-time data, particularly in sectors like the Internet of Things (IoT) and decentralized applications (dApps), positions Streamr to serve as an essential protocol for web3. As the value of real-time data continues to grow, Streamr's platform and tools offer a viable solution to meet this demand.

What Is Streamr Price Prediction?

While we cannot offer a reliable DATA price prediction over any duration, we can recommend monitoring the following factors that drive considerable volatility in the Streamr crypto: Level of Adoption of Streamr’s Technology Streamr's technological advancements, updates, and improvements to its platform can positively impact the $DATA price. If the project achieves significant milestones, enhances its capabilities, or gains wider adoption by individuals, businesses, or institutions, it can generate positive sentiment and drive demand for the DATA token.Level of Competition Streamr Faces The presence of competing projects within the data sharing and decentralized infrastructure space can also influence Streamr's price. Factors such as the project's unique features, competitive advantages, and market positioning relative to its peers can affect investor interest and, consequently, the price of Streamr.Crypto Market Sentiment he broader cryptocurrency market conditions can also affect the DATA to USD price. Factors such as market volatility, regulatory developments, macroeconomic events, and investor sentiment toward cryptocurrencies can influence the price of Streamr.

How to Use DATA Token

The DATA crypto is an ERC-20 token and is used for various purposes within the Streamr ecosystem, such as: Project Governance on Streamr Network The DATA token enables project governance within the Streamr Network. Token holders can participate in decision-making processes and vote on proposals that shape the future of the network and its development roadmap. Incentives for Streamr Network’s Participants The DATA token serves as an incentive mechanism for participants in the Streamr Network. Node runners contributing resources and supporting the network by running nodes can stake DATA tokens and earn staking rewards. These rewards come from a supply inflation process determined through project governance.Delegated Stake on Broker Nodes in Streamr 1.0 In the Streamr 1.0 milestone, expected in the second half of 2023, delegated staking will be introduced. This feature will allow token holders who do not run nodes to stake $DATA tokens on nodes operated by others, thereby contributing to the network and earning rewards. Native Currency for Payments in Streamr Hub The DATA token can also make payments within the Streamr Hub. Streamr Hub is a marketplace where users buy and sell real-time data streams. The DATA token facilitates transactions and payments between data publishers and subscribers on the platform. Trade or HODL DATA Trade Streamr Network token against other crypto assets on the KuCoin Spot Market or other supported platforms to make the most of changing market conditions. Buy or sell DATA or hold the token long-term if you believe in Streamr Network’s future potential. We recommend doing your own research before entering any new trades in the crypto market.

How Much Funding Did the Streamr ICO Raise?

The Streamr Network ICO in 2017 helped the project raise 30 million CHF in funding, an amount set as a hard cap. 1,369 users participated in the initial coin offering (ICO) on the Bitcoin Suisse ICO platform, including 33 private pre-contribution participants, 120 public pre-contribution participants, and 1,216 crowd-contribution participants.

How to Earn Rewards on Streamr Network

There are several ways to participate and earn rewards in the Streamr Network, including: Set Up a Streamr Node and Stake DATA Tokens By running a Streamr node, you contribute to securing the network and earn rewards for your participation. You must hold at least 100 DATA tokens in your Polygon wallet to set up a node. You can find technical details and instructions in the Streamr documentation. Delegate DATA Tokens to Broker Nodes (Upcoming) Once the Streamr 1.0 milestone is released, you can delegate your DATA tokens to Broker nodes. These nodes contribute their bandwidth to the network and generate a yield. By delegating your tokens, you can earn rewards based on the performance of the Broker nodes associated with your delegation.Use Nodes-as-a-Service Providers If you find setting up a node too complex or time-consuming, you can use Nodes-as-a-Service providers. These providers offer a simplified solution for running Streamr nodes, allowing you to earn rewards without the technical setup. Participate in the StreamTeam Bounty App The StreamTeam bounty app provides opportunities to earn tokens, NFTs, and more by completing daily marketing actions to help build awareness of the Streamr project. Participate in Hackathons and Grants as a Developer As a developer, you can participate in hackathons organized by Streamr, which offer opportunities to win prizes and grants. Additionally, you can explore grant opportunities and engage with the Streamr core development team for collaboration. Join a Data Union Data Unions are privacy-focused platforms allowing you to monetize the data you produce by pooling it with others. By participating in a Data Union, you can earn rewards based on the value generated by the data collected.

How to Buy Streamr (DATA)

Price of Streamr (24h)$0.0607248864055638

-2.61%

Real-Time DATA Rate Converter

Interested in buying Streamr (DATA) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy Streamr (DATA) instantly wherever you are! Check out all the ways you can buy DATA on KuCoin.

Buy Streamr (DATA) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy Streamr (DATA)

Use a variety of payment options to buy Streamr on KuCoin. We'll show you how.

Choose How You Want to Buy Streamr on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying Streamr (DATA).

Buy Streamr (DATA) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy Streamr (DATA). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired Streamr (DATA) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for Streamr (DATA).

Tip: KuCoin offers a variety of order types to buy Streamr (DATA) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available Streamr (DATA) in your Trading Account.

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How to Store Streamr (DATA)

The best way to store Streamr (DATA) varies based on your needs and preferences. Review the pros and cons to find the best method of storing Streamr (DATA).

Store Streamr in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your Streamr in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your Streamr (DATA) to a non-custodial wallet. Storing Streamr (DATA) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your Streamr (DATA) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your Streamr (DATA).

What Can You Do with Streamr (DATA) on KuCoin?

Hold

Store your Streamr (DATA) in your KuCoin account.

Trade

Trade Streamr (DATA) in the spot and futures markets.

Earn

Earn passive income by staking or lending Streamr (DATA).

Why Is KuCoin the Best Platform to Buy Streamr (DATA)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

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Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy Streamr and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying Streamr (DATA) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain DATA in an instant when you buy on KuCoin.

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FAQ

Is Nibiru Chain (NIBI) a Good Investment?

Here are some of the key benefits that make Nibiru an attractive investment opportunity:

1. Technical Innovation and Superior Performance: Nibiru Chain is designed as a high-throughput, Layer-1 blockchain with advanced parallel processing capabilities, which enables it to handle a large volume of transactions efficiently. This technical foundation is crucial for supporting real-time consumer applications and creating a user-friendly experience.

2. Strong Ecosystem in dApp Development: The chain has a robust dApp development ecosystem, contributing significantly to the Web3 space. By offering unlimited scalability and facilitating easy leveraged transactions, Nibiru creates a conducive environment for developers and users aiming to engage with next-gen blockchain applications.

3. Diverse Functionalities and Use Cases: Nibiru unifies leveraged derivatives trading, spot trading, staking, and bonded liquidity provision into one seamless user experience. Its interoperability, achieved through IBC compliance, enables users and developers from over 40 blockchains to interact with the Nibiru ecosystem, broadening its utility and appeal.

4. Strategic Partnerships and Support: The project has established partnerships with leading projects and investors in the blockchain space, such as Avalanche, Axelar, Polygon, and Ethereum, and has received backing from significant entities like Tribe Capital, Hashkey Group, and Evo Invest. These alliances and financial supports highlight the confidence in Nibiru’s vision and its potential for sustained growth and innovation.

5. A Community-Centric Approach: With a significant portion of its token supply allocated to the community and a clear focus on decentralized governance, Nibiru emphasizes creating a sustainable ecosystem that rewards participation and investment. This approach fosters a strong, engaged community integral to the platform's long-term success.

6. Roadmap and Future Developments: Nibiru has outlined an ambitious roadmap that includes the development of core dApps, gamified engagement campaigns, token listings on major centralized exchanges (CEXs), bridge integrations, and more. These future developments indicate a proactive strategy to expand its offerings and enhance its platform's utility.

What Is Nibiru Chain Price Prediction?

While the volatile nature of the crypto market makes it challenging to provide an accurate NIBI price prediction, the following factors could help you better understand the price trends in the Nibiru Chain crypto:

1. Crypto Market Sentiment and Crypto Market Trends: General sentiment in the cryptocurrency market, influenced by global economic indicators, regulatory news, and broader financial market trends, can significantly affect the Nibiru Chain price. Bullish trends across the crypto market often lead to price increases, while bearish trends can lead to declines in the NIBI to USD price.

2. Project Development and Updates: Significant milestones in the Nibiru Chain's development, such as launching new features, dApps, or major updates, can positively influence the NIBI token price by increasing investor confidence and user adoption.

3. Partnerships and Integrations: Announcements about new partnerships, integrations with other blockchains, or collaborations with prominent projects can serve as bullish signals, potentially boosting the NIBI crypto price by expanding its utility and exposure.

4. Adoption and User Base Growth: Increases in the adoption rate of Nibiru Chain and its associated dApps, evidenced by rising transaction volumes and an expanding user base, can drive demand for NIBI tokens, impacting the NIBI coin price positively.

5. $NIBI Staking and Token Economics: The specifics of Nibiru Chain's token economics, including staking rewards, token burns, or changes in token supply, can influence the NIBI token price. Mechanisms that reduce supply or increase demand for the token can lead to price increases.

6. Competitive Landscape: Developments and innovations from competing blockchains and projects can also impact the $NIBI price. Successes by competitors may detract attention and investment from Nibiru Chain, while struggles faced by competitors can have the opposite effect.

7. Community Engagement and Sentiment: The level of engagement and sentiment within the Nibiru Chain community, as reflected through social media, forums, and other platforms, can influence investor confidence and affect the Nibiru Chain token price.

How to Earn on Nibiru Chain Protocol

Earning on Nibiru Chain (NIBI) can be approached through various avenues, including participating in their Gamified Engagement Airdrop and being part of their incentivized testnet. Here’s a general overview of how you can engage and potentially earn NIBI:

1. Gamified Engagement Airdrop: Nibiru Chain has introduced a unique airdrop mechanism that rewards participants for engaging with their content on social media. You can earn Nibi Points by liking, retweeting, quoting, and posting tweets mentioning @NibiruChain or using the $NIBI hashtag. Accumulating these points could make you eligible for rewards. Connecting your social media accounts and completing specific tasks through platforms like Gleam can earn you bonus points. These activities include joining the Nibiru Chain Discord, following them on Instagram, subscribing to their YouTube channel, and more.

2. Incentivized Testnet: Participation in Nibiru Chain’s incentivized testnet could also present opportunities to earn rewards. While specific details on the mechanics and rewards of the incentivized testnet were not directly available, these programs typically reward participants for contributing to the network's development and stability through testing, finding bugs, or providing valuable feedback.

Note: Activities like airdrop could have certain eligibility criteria included, such as the age of your social media account and the number of followers you have. Additionally, restrictions based on geographical location might apply, and engaging in any malicious activities could disqualify you from earning rewards.

Streamr (DATA) Price Analysis

Live Price

The live price of DATA is 0.0592 USD, representing a decrease of -3.69% in the past 7 days and -2.61% decrease in the past 24 hours.

Historical Trends

The all-time high of DATA was 0.37458 USD on 01-07, 2018, from which the coin is now down -84.19%.
The all-time low of DATA was 0.00485 USD, from which the coin is now up 91.80%.

ATL$ 0.00485

ATH$ 0.37458

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Disclaimer

Given the nature of the crypto market, the price of Streamr (DATA) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.