When was the Streamr (DATA) coin issued?

Streamr (DATA) coin was first introduced to the market on July 30, 2017, quickly gaining traction on various cryptocurrency exchanges.

Dec 31, 2024 at 05:07 am

Key Points:

• Streamr (DATA) coin debuted on July 30, 2017.
• DATA was listed on various cryptocurrency exchanges soon after launch.
• The coin's initial distribution aimed to foster decentralization and community involvement.

Article:

When Was the Streamr (DATA) Coin Issued?

Streamr (DATA) is a decentralized real-time data network that enables secure and reliable data sharing. The DATA coin, the native token of the Streamr network, plays a vital role in facilitating data transmission and rewarding network participants.

1. Token Launch Date

The Streamr (DATA) coin was officially issued on July 30, 2017, marking a significant milestone in the project's development. This launch date is corroborated by multiple reputable sources, including the Streamr website and independent cryptocurrency data platforms.

2. Listing on Cryptocurrency Exchanges

Soon after its issuance, DATA was listed on several prominent cryptocurrency exchanges. These early listings included:

• Binance: DATA became one of the first 100 tokens listed on Binance, a leading global cryptocurrency exchange.
• KuCoin: KuCoin, another reputable exchange, listed DATA shortly after its launch.
• HitBTC: DATA was also listed on HitBTC, a well-established cryptocurrency trading platform.

3. Initial Coin Distribution

The initial distribution of DATA aimed to foster decentralization and community involvement. A substantial portion of the tokens was distributed through a token sale, allowing individuals and organizations to acquire DATA and contribute to the network's growth.

4. Use Cases for DATA

DATA serves various purposes within the Streamr ecosystem, including:

• Network Participation: DATA holders can participate in the Streamr network by staking their tokens and earning rewards.
• Data Monetization: Data providers can monetize their data by selling it on the Streamr Marketplace, using DATA as the medium of exchange.
• Data Consumption: Data consumers can access and purchase real-time data from the Streamr Marketplace, using DATA as payment.

FAQs:

Q: What is the maximum supply of DATA?
A: The maximum supply of DATA is 995,000,000 tokens.

Q: What is the purpose of the Streamr network?
A: The Streamr network provides a decentralized platform for secure and efficient data sharing, empowering users to control their data and monetize their data streams.

Q: Where can I purchase DATA tokens?
A: DATA tokens can be purchased on several cryptocurrency exchanges, including Binance, KuCoin, and HitBTC.

Q: What are the benefits of staking DATA?
A: Staking DATA allows holders to earn rewards for their participation in securing and maintaining the Streamr network.