StreamCoin introduced that it has obtained a company ICO funding from TNC IT Group, a blockchain consulting agency. TNC IT Group, particularly, acquired practically 200 million STRM within the just lately completed STRM public sale.
The announcement comes after StreamCoin disclosed that it raised over $11.7 million over its three-month public sale, surpassing the STRM delicate capitalization goal of $11,250,000.
The shut relationship between StreamCoin and TNC started when the latter staged the concurrent World Stay Streamers Convention (WLSC) and World Metaverse Convention (WMC). Over 30,000 people attended the back-to-back conferences, which came about on March 25 and 26, 2022, on the Pageant Enviornment in Dubai, UAE, and remotely.
StreamCoin actively sponsored the organizers of the aforementioned occasions as a Platinum Sponsor. Together with different on-stage appearances, StreamCoin CEO Michael Ein Chaybeh was granted the excellence of delivering the welcome handle. Moreover, the MeiTalk High 100 Influencer Awards have been sponsored by StreamCoin’s multi-streaming platform MeiTalk.
Michael commented on the TNC funding:
“StreamCoin is called a primary mover within the dwell streaming trade. This current funding made by TNC solely goes to point out how a lot potential they see in StreamCoin, and for that, I’m really grateful. This additionally bears testomony to the friendship and understanding that we’ve developed over the months.”
For his half, TNC Government Director Jason H. Jang remarked:
“Since our correspondence earlier this 12 months, we at TNC IT Group have seen large potential in StreamCoin in revolutionizing social media, notably dwell streaming. It’s our mission to search for promising firms to assist, and StreamCoin is certainly one which reveals all the qualities we’re on the lookout for in a associate firm. We stay up for extra fruitful collaborations sooner or later.”
In the meantime, StreamCoin has introduced that STRM could be listed on over 100 cryptocurrency exchanges. Moreover, the corporate has established STRM Staking, a web-based facility by which STRM holders can earn earnings on their STRM by staking them in GaStream (GSTRM). Moreover, the group will supply a swapping service by Stream Bridge.