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Streamr DATA Price

$0.026

5.3%

$0.023

24h Range

$0.026

Market Cap

$19,812,279.0

Fully Diluted Valuation

$51,571,260.0

24 Hour Trading Vol

$11,963,090.0

Circulating Supply

767,121,867.0

Total Supply

1,000,541,714.0

Max Supply

2,000,000,000.0

Info

DATA Price Statistics

Streamr Price

$0.026

24h Range

$0.023 - $0.026

Percent Change 1h

0.07%

Percent Change 24h

5.3%

Percent Change 7d

-15.37%

All-time high

$0.210

All-time low

$0.020

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About Streamr

What is Streamr (DATA)?

Streamr (DATA) is a decentralized platform designed to facilitate real-time data sharing and monetization. Built on blockchain technology, it provides a secure and scalable infrastructure for developers and businesses to create, share, and use data streams. The platform aims to empower users by allowing them to own their data and earn rewards for sharing it, thus revolutionizing the way data is utilized in various industries.

Who are the Founders of Streamr?

Streamr was co-founded by a team of experienced professionals in the fields of technology and data science. The key founders include:

  • Henri Pihkala: The CEO of Streamr, Pihkala has a strong background in technology and product development, focusing on creating decentralized solutions.
  • Jevgeni Kabanov: The CTO, Kabanov has extensive experience in software engineering and blockchain development, contributing significantly to the technical architecture of Streamr.
  • Jani Kokkola: An experienced data scientist who plays a vital role in shaping the platform's data-driven features and capabilities.

How does Streamr Work?

Streamr operates on a decentralized network that enables real-time data streaming. The platform consists of several key components:

  • Data Streams: Users can create and share data streams, which are essentially live feeds of data that can be used for various applications.
  • Streamr Network: The decentralized network allows for secure data transmission, utilizing a peer-to-peer architecture that enhances privacy and reduces latency.
  • DATA Token: The platform's native cryptocurrency, DATA, is used for transactions within the ecosystem. Users earn DATA by sharing their data streams, while developers can pay for accessing data.
  • Marketplace: Streamr features a marketplace where users can buy and sell data streams, fostering a vibrant economy around data.

Top Use Cases of Streamr

Streamr's technology has several practical applications across various sectors:

  • IoT Data Sharing: Streamr enables IoT devices to share real-time data securely, facilitating improved automation and analytics for smart homes and cities.
  • Finance: In the financial sector, Streamr can be used for real-time trading data, market analysis, and risk management by providing accurate and timely data feeds.
  • Gaming: Game developers can utilize Streamr for real-time game state sharing, enhancing user experience through dynamic content updates.
  • Research: Academics and researchers can leverage Streamr for sharing large datasets efficiently, allowing for collaborative research efforts and sharing insights.
  • Advertising: Streamr can help advertisers access real-time data on consumer behavior, enabling targeted marketing strategies based on immediate insights.

How to Keep your Streamr Safe?

Ensuring the security of your Streamr assets and data is crucial. Here are some best practices:

  • Use Secure Wallets: Store your DATA tokens in secure wallets, preferably hardware wallets, to protect against hacks and theft.
  • Enable Two-Factor Authentication: Activate 2FA on all accounts associated with Streamr to add an extra layer of security.
  • Regularly Update Software: Keep your applications and wallets updated to protect against vulnerabilities and exploits.
  • Be Cautious with Data Sharing: Assess the privacy policies and security measures of any third-party services you use to share your data streams.
  • Monitor Transactions: Regularly check your transaction history and account activity for any unauthorized actions.

How to Invest in Streamr (DATA)?

Investing in Streamr (DATA) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Streamr: Once your account is funded, you can purchase Streamr directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Streamr (DATA) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Streamr using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Streamr (DATA) in the Long Term?

Streamr (DATA) is currently trading at $0.026 and exhibits good potential for future growth. Check the latest Streamr (DATA) price prediction.

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