In this article, we tried to answer questions such as what is DATA coin, what is cryptocurrency Streamr (DATA), how to buy DATA coin. Here are the details about the DATA coin review and future…
Powered by the DATA token, Streamr is a peer-to-peer decentralized data storage network and data marketplace that facilitates real-time data streams. Using the Streamr Marketplace, users can buy and sell valuable data that can be used for various new applications. Data tokenization has become a popular trend in the blockchain industry. The new data economy is helping to create an equitable, privacy-centric web that gives users control of their data. Also, through the Streamr Data Fund and Streamr Data Alliances like Swash and Tracey, Streamr provides decentralized data products and grants that help launch exciting new decentralized data projects.
How much is DATA Coin?
According to current crypto money market data, 1 DATA Coin 405.68 TL is traded in TL. DATA Coin price changed by 6.02% in the last 24 hours. The trading volume of DATA Coin in the last 24 hours is 1,439 dollars, and its total market cap is . ) 692,490 $ dollars.
How much is DATA Coin?
According to current crypto money market data, 1 DATA Coin is traded at 24.71 $ dollars.
What is Streamr (DATA) Coin?
Built on Ethereum, Streamr is a decentralized global peer-to-peer network for real-time data streams. As a gateway to the new data economy, Streamr provides ethical data sharing models that protect user privacy and facilitate scalable crowdsourced datasets known as “Data Unions”.
Data Unions leverage the value of data without the need for specialized infrastructure. Sold on the Streamr Marketplace, these crowdsourced datasets incentivize data providers using micropayments and enable smooth data flow and comprehensive analytics.
Additionally, Streamr encourages data monetization in a way that empowers users by rewarding them for sharing data. Streamr nodes earn native DATA tokens by providing valuable data to the network. Additionally, Streamr uses crowdsourcing to encourage the creation of datasets that would otherwise be difficult to compile and access. This is achieved using the Publish/Subscribe pattern (pub/sub), an architectural design pattern that acts as a framework for messaging between publishers and subscribers.
All Streamr data is accessible via a highly robust and scalable plug-and-play real-time data network. In addition, data can be connected to an unlimited network providing encrypted data to thousands of users in under 400 ms. This is possible without the need for third-party agents. In addition, the decentralized data provided by Streamr can be easily integrated into existing systems with just five lines of code.
Decentralized Data Storage and Data Tokenization
Use cases for decentralized blockchain-based applications are becoming more and more diverse. One of the most popular use cases in recent months is decentralized data storage and data tokenization.
Blog Streamr Data Graph
These projects aim to democratize the web, giving users control over their own data and how it is used. Also, decentralized data storage and data tokenization is a great way for anyone with spare bandwidth or hard drive space to earn a passive income with crypto! This is thanks to the growing demand for decentralized data marketplaces and data service providers across various industries.
Decentralized data storage and data tokenization is breaking down centralized data silos. This is achieved by using blockchain technology to create tamper-proof, transparent and secure datasets. Also, this data cannot be corrupted by a single entity or a small group of bad actors.
By promoting a network of nodes to provide accurate, reliable data, decentralized data storage and data tokenization have become essential tools for many industries. This technology is widely used in Artificial Intelligence (AI) practitioners, businesses and supply chain management. In the future, we can expect this trend to continue as we move towards a user-owned, decentralized web and data economy.
What is DATA Coin?
Native ERC-20 DATA token is used for placements and node promotion across the Streamr platform. Additionally, the DATA token can be used on the Streamr Marketplace to purchase datasets.
Blog Streamr DATA Token Chart
Streamr uses smart contracts to secure data permissions and payments on the Ethereum blockchain. Additionally, the DATA token can be used to reward groups of data providers with micropayments.
DATA token is available on many major exchanges including Binance, Bancor, and Uniswap. According to CoinGecko, the DATA token is trading at around $0.08 with a circulating token supply of 697,152,733 out of a total supply of 987,154,514 tokens at the time of writing. Also, data is becoming an increasingly valuable commodity. Therefore, we may see more tokens emerge, such as the DATA token, to serve the data economy.
Streamr Core
Streamr Core is a collection of open source applications created and supported by Streamr. These applications allow users to create, manipulate, analyze and sell real-time data, as well as create real-time data streams and other data products. This valuable data can then be traded through the Streamr Marketplace.
Streamr Marketplace
Streamr Marketplace is an open source peer-to-peer platform where users can buy and sell access to valuable data from the Streamr network. Also, Streamr Marketplace enables valuable data producers to monetize their datasets.
Streamr (DATA) Coin Commentary and Future 2022
Streamr is one of the few blockchain-based projects to be at the forefront of the new data economy. By breaking down data silos and giving users access to reliable, verifiable data, Streamr helps democratize data by giving users control of the data they create.
Additionally, Streamr is used to help businesses and individuals worldwide achieve financial freedom. Streamr provides access to financial tools and data services like Swash and Tracey that can change lives and help fight global poverty. For this reason, it is on its way to becoming one of the leading blockchains in the field of data economy.
