Decentralized oracle provider Chainlink (LINK) and Ethereum Layer-2 scalability solution Optimism (OP) are off to a strong start in February. However, their big market caps limit their price appreciation potential. Meanwhile, February has also seen the emergence of DeeStream (DST) is a newly-launched innovative project that is making waves as stage 1 of its presale closes in on a sellout. Market observers believe it could outperform Chainlink (LINK) and Optimism (OP) this year. Here’s why.
Chainlink (LINK) is the first decentralized network of blockchain oracles. It enables data transfer between on-chain applications (dApps) and off-chain systems (weather trackers, points of sale, and so on). As such, Chainlink (LINK) is an essential service for integrating blockchains into real-world economies. LINK, Chainlink’s native cryptocurrency, gained significant traction during the 2020-2021 bull run. According to data from crypto aggregator CoinGecko, Chainlink (LINK) is up 23.4% in the past 30 days, indicating a strong performance between January and February.
Optimism (OP) is one of the largest second-layer platforms built on top of Ethereum. It indexes and verifies transaction data on the Ethereum (ETH) mainnet to reduce transaction costs and improve transaction speeds. Despite fierce competition in the Layer-2 scalability sector, Optimism (OP) is a solid choice for dApps due to low transaction costs, extensive documentation, and its established network effects. According to data from crypto aggregator CoinGecko, Optimism (OP) is up 12% in the past 24 hours as of February 10th.
Centralized video sharing sites like Twitch, Kick and Youtube tend to have the same drawbacks rooted in their built-in centralization. This includes inequitable revenue sharing, wanton disregard for privacy and security, and terms and conditions favoring the platform over the content creators.
The emergence of DeeStream (DST) solves all that. DeeStream’s unique decentralized approach gives back the power to the users by removing the intermediaries that stand in the way. DeeStream (DST) grants content creators limitless opportunities to take control of their earning potential. DeeStream provides content creators more earning options through the Web3 utility of its native DST token to give them a fairer share of the revenues they generate. Moreover, the high degree of decentralization removes the rampant censorship and deplatforming that occurs on centralized platforms like YouTube. Better yet, DeeStream (DST) doesn’t pry on users’ activity nor mine their personally identifiable information.
Market analysts are of the opinion that DeeStream (DST) can easily turn in a 50x gain from its low launch prices of $0.035. That easily makes it capable of outperforming Optimism (OP) or Chainlink (LINK) in 2024. Don’t miss out on getting in on the early action on a blue-chip opportunity and join the DeeStream (DST) presale—only until the token allocation for stage 1 lasts. With token prices set to rise at every succeeding stage, it’s only a matter of time before it sells out.
Find out more about the DeeStream (DST) presale by visiting the website here
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