Solana livestreaming gets $1M
$STV (Solstake TV) raised $1M on Coinstore to build a Solana‑based decentralized livestreaming platform and plans a demo “live Apr” with staking yields for participants (x.com). That’s a live‑streaming infrastructure play worth watching if you care about decentralized monetization and new creator revenue models. (x.com).
Coinstore is running an IEO for the STV token with a scheduled spot trading start for the STV/USDT pair on April 4, 2026. (tmcnet.com)) Project documents list a fixed total supply of 1,000,000,000 STV and show 10,000,000 STV allocated to the IEO (1% of supply) at an IEO price quoted as 0.2 USDT per token. (coingabbar.com)) Solstake’s published economics say the protocol is “burn‑heavy,” routing a large share of transaction fees to permanent burns and stating a 40% burn rate on fees in its fee‑split descriptions. (support.coinstore.vip)) The startup says more than 20 creators have committed to the platform with a combined audience of roughly 30 million followers; named partners cited in company materials include ZIAS! and No Jumper. (solstake.tv)) Technical materials and press coverage state the service is built on Solana for settlement and uses Livepeer for video delivery, with on‑chain token gating, USD‑pegged pricing options, and instant non‑custodial payouts to creators. (financewire.com)) Protocol‑level fee splits published in promotional materials allocate roughly 30% of fees to stakers and 30% to the treasury (with the remainder burned), and internal estimates on social channels model substantial token burns at scale (an example projection cited $1.6M/month in burns at 1,000 creators). (t.co)) Coinstore is operating the launch process and handling KYC and sale mechanics as the centralized exchange partner for the IEO, per the platform’s launchpad disclosures. (coingabbar.com))
