StreamCoin has announced it secured a corporate ICO from TNC IT Group. TNC IT Group purchased more than 200 million STRM in the recent STRM public auction.

Following StreamCoin’s three-month public sales, the company announced that they had raised $11.7million. This allowed them to reach their STRM soft capitalization target of $11,250,000.

StreamCoin’s friendly rapport with TNC started when the latter organized the simultaneous World Live Streamers Conference (WLSC) and World Metaverse Conference (WMC). The back-to-back conferences, which were held from March 25 to 26, 2022, saw the participation of over 30,000 people – both at the Festival Arena in Dubai, UAE and virtually.

StreamCoin was a Platinum Sponsor of these events and actively supported them. Michael Ein Chaybeh, CEO of StreamCoin was given the honour of delivering the welcoming address. He also made other appearances on the stage. In addition, StreamCoin’s multi-streaming platform MeiTalk sponsored the MeiTalk Top 100 Influencer Awards.

Michael spoke out about the TNC Investment:

“StreamCoin is known as a prime mover in the live streaming industry. TNC made a recent investment in StreamCoin. It is a testament to the potential of StreamCoin and I am grateful for it. This also bears testament to the friendship and understanding that we have developed over the months.”

Jason H. Jang, TNC’s Executive Director, made the following comment:

“Since our correspondence earlier this year, we at TNC IT Group have seen tremendous potential in StreamCoin in revolutionizing social media, particularly live streaming. We are always looking to find promising businesses to partner with, and StreamCoin certainly fits the bill. We look forward to more fruitful collaborations in the future.”

StreamCoin also announced that STRM has been multiple listed on over 100 cryptocurrency exchanges. STRM Staking was also launched by the company. STRM owners will now be eligible to receive interest in GaStream(GSTRM), when they stake their STRM. The company will offer a swapping service through Stream Bridge.

For more updates on StreamCoin, kindly follow the company’s official social media channels:

Telegram: https://t.me/streamcoinofficial

Twitter (NYSE:): https://twitter.com/streamcoin_strm

LinkedIn: https://www.linkedin.com/company/streamcoin/

Instagram: https://www.instagram.com/streamcoinofficial/

Facebook (NASDAQ:): https://www.facebook.com/streamcoinofficial

YouTube: https://www.youtube.com/c/STREAMSTRM

Medium: https://medium.com/streamcoin

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