FAQs about Streamity project

Streamity
11 min readMar 9, 2018

Q. Is there the exchange prototype? Judging by the road map the prototype was to be done by August 2017

A. Yes, there is a prototype. It needed various modifications so we could not show it to the community in its initial form. The purpose of the original prototype was to verify that our technology can work, then we proceeded to create a full-fledged service.

Q. Can you name banks and payment systems with which you have already signed cooperation agreements?

A. The contract with OK Pay payment system already exists, several other contracts are at the signing stage.

Thanks to PSD2 regulations European payment systems are ready to conclude an agreement with our company at any time. I want to note that we always pay great attention to the legal component, therefore these issues are constantly under the control of professionals.

Q. On what basis will the payment systems disclose details of the parties’ transfers, which is violating the Bank Secrecy Act?

A. The fact is that no one discloses such data to us. When making the payment, the user only gives access to the status of his transaction, the rest is only about technical information.

Q. What do you mean by saying “exchange without intermediaries”?

A. The transfer of funds takes place without intermediaries, we guarantee the transaction in the cryptocurrency exchange.

Q. How will you protect users’ data as they will give you passports during verification? Please, give us some details.

A. We do not store user data. They are stored within payment systems and third-party services. There is no need to create your own KYC service, it is logical to use ready-made solutions.

Q. Could you tell us the real address of Streamity office? Is it really virtual? Do you have any certificate confirming the registration of Streamity in Singapore?

A. Of course, we have all the necessary documents and certificates, which we are ready to show to our investors. The main company office is located in Moscow, ul. Taganskaya, 7.

Q. How do you implement the converter technically? Who will develop it?

A. The converter is not the main service. There is no need in its technical representation, since there are are absolutely identical projects. We create a converter for the convenience of our users and we will integrate it into the main StreamDesk service — so that you can exchange, for example, Bitcoin to fiat money (since Bitcoin can not be blocked inside a smart-contract, at least for the time being)

Q. Who from the team will create the StreamDesk mobile application? Are these professionals are experienced in working with both iOS and Android? Can you provide examples of their work?

A. We have a specialist in this field — Nikolai Stepanov, however, the recruitment to the project staff continues — we select the best ones and this process is not fast, but even now you can be sure that the staff has grown significantly since the start of the project.

Q. How do you technically implement your own payment system? And again, who will handle the processing of payments and what kind of work experience does this person have?

A. The creation of a payment system is in the longer-term perspective and it may be unnecessary for the project, nevertheless we have people with experience in this area. Sergey Bogatyrev is our economic adviser. In general, this task is not difficult for a project of a similar scale. The first step is to realise if there is a need in this service in future.

Q. Will you develop exchanger API? What are the conditions of using it?

A. At the initial stage of the project public API is not planned to be developed. In the future we will create API for public usage, conditions will be based on the experience of working with application.

Q. What are the ways to exchange cryptocurrency for fiat without paying Streamity commissions, in addition to buying 25,000 STM tokens and paying $ 5,000 a month?

A. Currently there are no such methods.

Q. When buying a commission — free package, who will pay for bank acquiring and commissions from the payment system?

A. The user will. There are ways to transfer funds without commissions. Some payment services charge commissions for operations within the system and this commission will have to be paid by the user himself, but even so, the commissions will be significantly lower than on existing exchange services.

Q. Your servers will centrally resolve smart contracts, it generates many vulnerabilities. What protection measures did you take?

A. That’s a good question! This is not an easy task. The fact that our service has centralized parts is neither good nor bad.

We have given due attention to the protection of all infrastructures to work with applications, web services and databases. We have applied all the basic protection measures that are worth taking. Of course, these are cryptographic keys, firewalls, private networking, isolation.

Q. Will the MVP code and the project itself be publicly available?

A. No — this is a matter of security for the whole project and for the funds of our investors. A smart contract for StreamDesk service has already been published — this is quite enough.

Q. Why do you need a cryptocurrency market, market review and a news aggregator, if there are already similar analogues on the Internet? What competitive advantages will your service have?

A. We will have advantages in design and convenience, but the most important is that we will be the only project that unites so many services within one service and STM tokens will be the center of this large-scale project — no one has united as much services within one project resources with turnover of tokens before. Users will receive tokens for helping in the implementation of the project and buy services and subscriptions that they need — this is an excellent idea + the exchange service will be there. Everything will be very conveniently and organically combined into one ecosystem. Platform users will have a chance to test it themselves very soon.

Q. In the White Paper you wrote that the monetization of each resource will be different. How do you monetize an information and analytical resource?

Who will come up with tasks for users?

A. Most of the tasks have already been created and worked out in advance by the project CEO — this person is a generator of ideas. We still have a lot of different kinds of unimplemented ideas and you will find a lot of interesting ideas ahead. You can complete tasks for tokens right now, which is what the Bounty community does right now and they receive tokens for it — join in!

Q. Why write anything about the company ScriptTradeCoin, which does not exist?

A. We did not want to disclose information about the company ScriptTradeCoin as recently we have acquired it completely and now all ideas will be implemented within the framework of the Streamity project. We have a full-fledged start-up and of course it is difficult to follow the roadmap all the time. We regularly update the Whitepper and the website, soon we will register the relations and officially announce it in all social networks. 8 people take part in this project and many interesting ideas have already been implemented — a powerful community chat, several functioning bots and they are in the process of creating a social network for traders. This project is very interesting and we will show it in the near future (we will decide on how to integrate all listed solutions on our website).

Q. What kind of functionality will the chat of traders and analysts perform? What are the conditions to join this chat?

A. Chat for traders (potentially it is going to be developed into the network of traders) is focused on the most effective organization of communication of traders; signal, screenshots exchange.
The service is designed specifically for the needs of traders and has advantages over various chat rooms created in existing instant messengers.

Functional:
- What has already been done:
- Referral system (3 levels)
- Section: Finance
- Section: My referrals
- Opportunity to invite friends
- Personal account
- Opportunity to create your own lists of trading signals and the ability to share them with other users.
- Opportunity to create an additional referral link to a specific section of the site.
- Chatroom
- Rooms for different classifications (nyse, crypto, forex)
- Private rooms for groups of students.
- Opportunity to post trading signals.
- Opportunity to subscribe to signals from other traders.
- Moderation of the chat.
- My feed (selected subscriptions) is a feed of trading signals from users to which you have subscribed.
- “Live” section (webinars, online trading, briefings).
- Create events in advance, alerting users of new events.
- User will receive notifications just before the beginning of the event.
- Archive of broadcasts with the ability to view the record.
- Mailing system, the ability to send out surveys.
- Ability to unsubscribe from mailing list
- News section
- Online store (goods, subscriptions)
- System of payment
- Additional functionality for conducting brokerage activities.

Development stage:
- Multilanguage service
- The implementation of React in the signals feed

Plans for further development:
- Landing (main page, selling social network page)
- Rating system
- System of “likes”
- System of monthly remuneration of users (incentives for activity and benefit to the community)
- Mobile application
- Optimization of interface

What are the conditions to join the chat?

Participants of Streamity ICO, students of educational programs, participants of certain bonus programs get access to the portal of traders for free for a certain period of time. Other potential participants can buy season tickets (month, year) which are provided at fair and loyal prices.

Q. Who from the project team will develop investment resource?

Is it possible to look at completed and functioning projects developed by people who will work on automated and semi-automated trading bots?

A. In the near future we will add all team members to the website with their resumes and links to Linkedin. You can get acquainted with completed projects and their experience there.

Q. Do you understand that in the signal trade, only the one who gives these signals gets a profit? What’s the point in this service?

How will you decide who can give signals — and who can not?

A. A generalized question, asked not by a beginner in this sphere is trivial. It is easier to explain what exactly we are developing.

Automatic and semiautomatic trading system is being developed for different tasks. We focus specifically on bot-signals, which will notify in time about a certain event. Events will be provided with our description and a trader will have an opportunity to make a decision himself. A trader will use the bot administration panel to select a tool, an event, an exchange market. Subscribers receive webinars dedicated to such issues as which event is best used to optimize different trading strategies. We also develop our own signals and advise where to use them. Our solution works mainly on liquid instruments. We exclude bots that give signals on PumpDump strategy.

Q. What is the difference between the Streamity training center from Udemy with lessons in the field of cryptocurrency?

A. Oles Sribniy and Sergey Kolomiets are specialists with extensive experience in the field of traders training, managing financial assets of finance, psychology and organization of business processes will be engaged in the educational resource.

There are a lot of competitors in the project, but only the educational resource Streamity has an internal token in circulation, which makes it truly unique.

Q. Who will specifically be a Streamity partner in creating training courses?

A. Streamity does not have a partner, since the company ScriptTradeCoin has been acquired completely.

Q. What specific resources will be on the blockchain and which of them will be using artificial intelligence?

A. The main service of StreamDesk will be based on blockchain, news portal is planned to be using AI.

Q. What principle will be used in machine learning? Neural networks? If so, which type of neural networks will be used?

A. The principle of machine learning has not yet been written out, but it is planned to be done. How and what will work, when the plan is going to be written — this is classified information, we can not disclose it.

Q. Why have not you adapted the ICO website for mobile devices yet?

A. The main service of the project is our top priority, we are going to show the alpha version before the start of the ICO,and then we will develop mobile version of the site.

Q. Where do the figures indicated in the business model come from, which calculations?

A. The business model has been developed by BBS specialists — our goal is to follow the plan of one of the industry leaders.

Q. What do you mean by “market orientation”? Marketing?

Can you describe potential expenses — where will money go?

A. “Market orientation” means a set of activities aimed at making the project suitable, useful, recognizable and popular within a market.

Potential costs are spelled out in the financial model of the project.

For example, you can use English-language platform in the Indian market and you can not do this in the Indonesian market.

Q. On what issues does Sergei Bogatyrev consult the Streamity project?

A. This is described in detail in his resume on our website and in Whitepaper. We are ready to create a private chat room for all investors to ensure exclusivity and security, invite there our advisors and answer any questions. Advisors are public and famous personalities, they do not answer questions from unidentified individuals, however, if you are an investor, and you have the intention to go through KYC and move on with the project — we are ready to organize a private meeting and invite the whole team and advisors .

Q. In the telegram chat Streamity founder promised that in the near future team will add another six or seven advisors with links to their profiles on the website.

A. Please have patience — soon we will add them to the website and you will find out everything you want to know. These are marketing advisors from the USA.

Q. Is there evidence that Vladislav is the owner of the HP brand store, as stated in his LinkedIn?

Is this all about Vladislav’s professional experience? But what about 10 years of experience in business and asset management in the stock market?

A. The team does not disclose full information about themselves and their families for security reasons. But if you are ready to pass KYC and prove your intention to invest in the project, Vladislav will personally invite you to open ceremony of the next store under the HP brand in Moscow.

Business and asset management — the same answer.

Q. Does Dmitry have the experience of successfully launching an IT project that would ultimately benefit more than 10,000 people?

A. Of course, including projects that used by more than 10,000 people.

Q. Could you confirm that Yegor worked or still works in Yandex, Kaspersky Lab and Mail.ru?

What did Egor develop or continues to develop for Streamity?

A. The list of Egor’s employers you can see in his profile on LinkedIn

Now he is engaged in the development of data analytics.

Q. Is there any confirmation of Olga’s experience in marketing?

A. A quickly closed hard cap shows the experience of the team. Preparation for PRE-ICO was conducted with minimal investments and solely due to the professionalism of the company’s employees.

Q. What is Daniil doing in the project, and what is his working experience?

A. Daniil is an interpreter and speaker at the events. He gains experience in our project, since he is a student. Now he is finishing his studies at MGIMO.

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