The world's most beloved cryptocurrency exchange is expanding today, adding yet another altcoin to trade with: STREAMR ($DATA).
Here is the tweet announcing the Streamer inclusion on to the trading platform:
— Binance (@binance) June 8, 2018
Streamr will be paired with Bitcoin and Ethereum for (DATA/BTC and DATA/ETH) trading pairs and will be effective immediately for exchanging.
We have a full review on Streamr's data done differently platform in which you can read here:
Streamr has also been in the headlines of late with a Nokia partnership that has set out to monetize data with blockchain technology. You can read about that here.
Streamr has already saw a 30% increase today and is trading at $0.146 at the time of the Binance exchange announcement.
The Streamr real time decentralized data marketplace is meant to help underutilized data be shared and turn into information so the people and companies you pick to share it with can be at your discretion. On the open source Streamr Network the owners of the data can share and sell their data as they wish in real time.
The DATA Token by Streamr is made for the incentivized nodes so the decentralized peer to peer network can function and be a hub for its community of stakeholders and baghodlers.
Operating as a ‘blockchain agnostic companion network', it wants to help various blockchain ecosystems with access control, identity and payments for massively scalable data transportation using blockchain technology for anywhere around the world.
One of the big things streaming from the Streamr camp is the visual programming environment which was created to support data connectivity, exploration and utlization. Knowing that data by itself in pure form is not useful in its raw form, they plan to transform raw data into automation and information using computation.
What do you guys think of Streamr's upside and potential? One thing is for sure, the Binance effect is sure to be in play here as the DATAcoin / $DATA Token is sure to catch some more volume using the world's most popular cryptocurrency exchange.