Streamflow is pleased to announce a $3.1 million seed round chaired by Jump Crypto and includes investors such as Solana Ventures, GBV, MEXC Labs, Paribus Ventures, HyperSphere, IVC, GenBlock Capital, AngelDAO, T3E, EmberGroup, Solidity Ventures, Ratio Finance, among others. participation is included. , and the funds received from Huobi Ventures will be used to expand the team and develop a robust, real-time token distribution suite for teams and treasuries on Solana.
Crypto-native firms lack easy-to-use solutions for vesting tokens, payroll for team members and contributors, multi-signature Treasury and other functions.
Without these tools we cannot have effective and well functioning organizations. Fluent solution. They are developing a protocol, SDK and app to help enterprises bridge those gaps and automate the above processes while saving time and money.
stream flow There is a token distribution platform on Solana that allows any organization to distribute and stream value. On top of a safe and secure multi-sig wallet, this platform offers token vesting, payroll and batch payments. The Streamflow real-time value streaming concept is so flexible and efficient, that the company currently allows users to cancel or transfer streamed transactions, and the team plans to develop with these principles in mind .
“Programmable blockchain opened up a world of possibilities. Streaming payments is one of them. Existing IT and financial infrastructure cannot support and guarantee continuous payments – but low-fee, high-throughput blockchains can. This financial primitive progressive Payroll is a building block for fundraising, investing, equity vesting, membership and many other pay-per-use use cases. We envision a future where one can earn a yield on a stream, collateralizing it can trade it, break it into smaller streams or group several streams into larger ones. We envision a future where money never stops, money flows and flows, Streamflow founder Malisha said.
“The latent demand for advanced token vesting and money streaming on Solana has been evident for some time now. As teams increasingly distribute and projects continue to pay contributors through recurring streams of stablecoins and project tokens, Pre -The primitives that help program and manage these transactions become increasingly important. The Streamflow team has some of the most talented engineers in the Solana ecosystem building this product at breakneck speed. We look forward to backing Streamflow. Could not be more excited as they build the future of money streaming on Solana,” said Shanav K Mehta, VP Investments, Jump Crypto.
“Streamflow is solving a major pain-point that every developer faces when building their project. By streamlining payroll, vesting schedules and more, developers are able to focus on building their projects. to support Streamflow in its quest to increase operational efficiency for the teams we build on Solana Excited,” said Jack Platts, co-founder of Hypersphere.
With Jump Crypto as the lead investor, Streamflow is gaining a strong partner and growing major crypto products with an impressive track-record (Phantom, Neon Labs, Saber, BlockFi, Coinlist, TradingView, and more) Is.
Streamflow is partnered with Solana Ventures, GBV, MEXC Labs, Paribus Ventures, HyperSphere, IVC, GenBlock Capital, AngelDAO, T3E, EmberGroup, Solidity Ventures, Ratio Finance and Solana with a first-rate, top-notch group of advisors and networks across the crypto sector Is obtained. , and Huobi Ventures.
Token Vesting: The most efficient way to vest SPL token investors, teams and communities is with the Streamflow Token Vesting App. Token vesting can be a time-consuming and inconvenient process that takes valuable time from project developers and teams. With its unique and flexible features, Streamflow token vesting software manages the entire process in a straightforward, secure and decentralized manner, saving you a lot of time.
Streamflow is currently audited and operated on the main net, through which more than $150 million in value flows.
Following are the future steps for Streamflow:
- The team grew in the Streamflow token distribution suite
- Contract with Liquid Vesting
- Introducing a User Friendly and Robust Multi-Signature Wallet
- Support for batch payments is being added.
- A complete UX/UI overhaul.
Streamflow now offers two mainnet products: Token Vesting and Payroll Stream. They want to introduce other solutions in the near future, such as multi-signature vaults and batch payments. Over time, Streamflow will continue to develop and expand its products and services. Stay tuned, follow Streamflow Twitter
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