TNC IT Group buys 200 million STRM coins in the recently concluded StreamCoin ICO

StreamCoin has announced that it has secured a corporate ICO investment from TNC IT Group, a blockchain consulting firm, that purchased over 200 million STRM in the just concluded STRM public sale.

StreamCoin disclosed that it was able to raise over $11.7 million in its three-month public sale, exceeding its soft capitalization goal of $11,250,000.

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StreamCoin and TNC relationship

StreamCoin good relationship with TNC IC Group started to build when the TNC organized a World Metaverse Conference (WMC) and a simultaneous World Streamers Conference (WLSC) which started from March 25 to March 26, 2022, with over 30,000 people participating in both Festival Arena in UAE, Dubai and virtually.

During those events, SreamCoin was one of the platinum sponsors supporting the organizers, besides, Michael Ein Chaybeh, StreamCoin CEO, was honored to deliver the welcome address together with other on-stage appearances.

 Additionally, StreamCoin’s multi-streaming platform MeiTalk also sponsored MeiTalk’s Top 100 Influencer Awards.

Concerning TNC investment, Michael said:

“StreamCoin is known as a prime mover in the live streaming industry. This recent investment made by TNC only goes to show how much potential they see in StreamCoin, and for that, I am truly grateful. This also bears testament to the friendship and understanding that we have developed over the months.”

TNC Executive Director Jason H. Jang also complimented StreamCoin by saying:

“Since our correspondence earlier this year, we at TNC IT Group have seen tremendous potential in StreamCoin in revolutionizing social media, particularly live streaming. It is our mission to look for promising companies to support, and StreamCoin is definitely one that exhibits all of the qualities we are looking for in a partner company. We look forward to more fruitful collaborations in the future.”

In the meantime, StreamCoin has announced multiple STRM listings on over 100 cryptocurrency exchanges. In addition, the company has also launched STRM Staking, an online portal where STRM holders can earn interest in GaStream (GSTRM) after staking their STRM as well as provide a swapping service using Stream Bridge.