ZILO #1 : ZilStream (STREAM)
Completed on 18 June 2021
If you are familiar with the Zilliqa ecosystem, then you must also already know ZilStream. Through its easy-to-use dashboard, ZilStream has given investors in the Zilliqa ecosystem a consolidated overview of the ZRC-2 market trends and activities—drawing over 4,000,000 visits since its inception.
On 7 May 2021, ZilStream announced its release of ZilStream Premium—a membership that allows users to gain deeper insights into the market and their portfolio performance. One of the many features that will be included in the membership is Portfolio, which was opened for public beta on the same day of the announcement.
To enjoy ZilStream Premium, users will have to hold $1 of STREAM for every $200 of value in their portfolio*. This design allows the cost of the product to scale with the user's assets and incentivises users to hold STREAM tokens long-term. * Includes user's token holdings in their wallet, staked tokens, and liquidity pool positions.
STREAM will have a fixed total supply of 20,000,000 STREAM, of which 3,800,000 STREAM will be circulating after the liquidity offering.
- ZILO (12%): 2,400,000
- Private sale (20%): 4,000,000 (Vested quarterly over 12 months)
- Initial liquidity (3%): 600,000
- Liquidity rewards (25%): 5,000,000 (Linear curve over 4 years)
- Marketing & Operations (20%): 4,000,000 (Vested quarterly over 24 months)
- Founders (10%): 2,000,000 (Vested quarterly over 24 months)
- Team (10%): 2,000,000 (Vested quarterly over 24 months)
Note: A private sale led by ZILHive has already been completed at $0.065 / STREAM. More details on the initial sale will be made available in the near future.
Start time: 6am UTC, Friday, 18 June 2021
End time: 6am UTC, Saturday, 19 June 2021
Amount to be raised: $342,857 USD
- ZIL committed (to project): $240,000 USD
- ZWAP committed (to burn): $102,857 USD
Tokens to be sold: 2,400,000 STREAM (12% of total supply)
Project: ZilStream (STREAM)
Disclaimer: All projects are subject to market risk and volatility. Please practice caution and do your own research and full due diligence before considering investing your funds in any project. ZilSwap will not be held responsible for any investment losses.