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White Paper

Streakk aims to maximize the earning potential of cryptocurrency holdings by allowing users to earn interest without giving up custody of funds. Currently, over $1 trillion in crypto sits idle in centralized exchanges or wallets, earning no returns. Streakk integrates multiple validators into its wallet using its Integrated Node Cluster (INC) technology, allowing users to delegate crypto and earn up to 30% annual interest while maintaining control. The INC automatically delegates crypto to the validators offering the highest rewards and flexibility to withdraw at any time, providing a simple, decentralized way to generate passive income from crypto holdings.

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Jeff De Bruges
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0% found this document useful (0 votes)
239 views22 pages

White Paper

Streakk aims to maximize the earning potential of cryptocurrency holdings by allowing users to earn interest without giving up custody of funds. Currently, over $1 trillion in crypto sits idle in centralized exchanges or wallets, earning no returns. Streakk integrates multiple validators into its wallet using its Integrated Node Cluster (INC) technology, allowing users to delegate crypto and earn up to 30% annual interest while maintaining control. The INC automatically delegates crypto to the validators offering the highest rewards and flexibility to withdraw at any time, providing a simple, decentralized way to generate passive income from crypto holdings.

Uploaded by

Jeff De Bruges
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 22

Streakk - Unlocking

the Potential of Your


Crypto

www.streakk.io

1
The Current State
of the Crypto Market

Despite the fact that the cryptocurrency market has already reached trillions of dollars in
market capitalization – and is still growing exponentially – we have still only scratched the
surface of what cryptocurrencies are able to achieve. The majority of crypto wallet holders
purchase multiple cryptocurrencies but don’t actually earn anything on their holdings.
Instead of maximizing the utility and earning potential of their crypto investments, they
merely hold them in the accounts of centralized crypto exchanges like Binance, Kucoin, and
Coinbase, as well as in wallets like Trust, Exodus and Token Pocket.

Total market cap of cryptocurrencies, 2017-2025, $ tn

X CAGR, 2017-25, Percent Other cryptocurrencies Asset cryptocurrencies

44

16

87

2
Challenges Currently Faced
By the Crypto Space

Huge, Idle Crypto Funds Lack of Trust


Over $1 trillion in crypto sits idle in centralized Centralized exchanges have consistently
exchange accounts or wallets – with the shown that they can’t be trusted with the
value of these assets projected to grow more custody of their users’ cryptocurrencies. As
than a staggering over $5 trillion by 2025. a result, staking crypto on these platforms
Yet, while investors watch the value of their goes hand-in-hand with the risk of their
portfolios increasing or decreasing every day, account being hacked – and the loss of
they fail to make their crypto work for them. their entire portfolio. As it stands, crypto
Consequentially, they squander the huge exchanges get full control over their users’
opportunity of putting their highly-valuable funds and they’re left with no option other
assets to work for them. than to trust them.

Lack of Access Lack of Technical Knowledge


To stake their crypto with the current Staking crypto on decentralized platforms
generation of centralized exchanges or may be the wiser and more profitable in the
platforms, users have to submit to a lock-up long term, but many crypto holders lack the
period. This period can range from days to technical ability to do so. Consequently,
months, or in some cases even years. While many users settle for centralized staking
their funds are frozen in this way, users can’t platforms, because it’s the easier choice,
take profit from market trends, invest in and decentralized staking continues to
other emerging opportunities, or even simply struggle to gain popularity.
liquidate their position.

3
Streakk’s Mission
Streakk’s mission is to shape the future
of finance by maximizing the potential of
cryptocurrencies. We want you to earn
interest on your crypto holdings without
having to give up custody funds - in the
simplest way possible.

Streakk – start earning more crypto TODAY -


with control and greater peace of mind!

4
Why Streakk?

Stable Passive Income Safe


Grow your crypto portfolio with weekly Streakk is truly decentralized, giving
passive staking rewards from over 20 you a secure platform to grow your
cryptocurrencies and tokens. cryptocurrency portfolio.

Innovative Easy
Streakk’s advanced Node Infrastructure No technical knowledge is required.
Technology (INC) provides an Simply hold crypto in your wallet and
innovative way to profit from your earn up to 30% interest annually.
cryptocurrency funds.

Experienced Team Over 40 Trusted Validators


Streakk’s accomplished and award- Streakk has partnered with over 40
winning team has decades of trusted and verified validators that
experience in developing innovative generate passive crypto rewards.
digital solutions and managing large-
scale projects.

5
The Streakk Wallet

The Streakk wallet enables you to earn interest on over 20 different cryptocurrencies – all
without giving custody of your funds.

Store Crypto
Streakk’s intuitive and easy-to-use wallet is designed
to store multiple cryptocurrencies, including Bitcoin,
Ethereum, BNB, Tron and many more. Better still,
our development team is committed to extending
the Streakk Wallet’s functionality by consistently
adding compatibility with new blockchain networks.
Streakk’s goal is to be the industry leader for crypto
wallets – the first users think of when entering the
world of blockchains and cryptocurrencies.

Earn Crypto
The Streakk’s Wallet stands apart as the most
advanced wallet with which you can earn crypto.
Streakk has integrated multiple validators, or
blockchain verifiers, within the wallet itself, so you earn
interest on your crypto without handing over custody
of your funds.

Instead, you simply delegate your crypto to Validators,


that, in return, split any transaction fees with you. As a
result, you remain in full control of your funds and are
free to delegate or withdraw them – at any time.

6
Streakk Integrated
Node Cluster (INC)

Decentralized, peer-to-peer blockchain networks are composed of computers known


as Nodes. With no central authority in charge of the blockchain, it's the Nodes that are
responsible for storing the data held within the blockchain, i.e., a history of every transaction
that occurs on the blockchain and the account balance of each wallet holder. It’s also each
Node’s responsibility to update its version of the blockchain whenever new data is added, i.e.,
when new transactions are made - but this data needs to be validated first.

Again, with no central authority, the blockchain network relies on a large subsection of special
Nodes to verify transactions. On Proof of Stake (POS) blockchain networks, such as Polkadot,
Solana, Avalanche, and Cardano, these Nodes are known as Validators. When a Validator
verifies a group of transactions within a block and adds it to the end of the blockchain, they
are rewarded with new crypto, in a process known as minting.

However, to ensure that Validators act ethically and don’t authorise fraudulent transactions,
they are required to lock up a certain amount of cryptocurrency with the blockchain
network. This process is called Staking and entitles a Validator with the chance to validate
new transactions and earn newly created crypto through the minting process. If a Validator
does go on to authorise an invalid transaction, they run the risk of forfeiting some or all of the
crypto they staked, which is known as slashing.

Streakk’s revolutionary Integrated Node Cluster (INC) technology takes this network of
Validators and integrates them into a single crypto wallet. As a result, Streakk is not forced
to depend on a single Validator. Streakk runs its own Validator Node as well to earn block
rewards while lowering the risk of slashing. This technology delegates the crypto only to
the Validators providing the highest rewards. Streakk’s innovative INC solution means its
members can earn generous interest by staking the crypto in their wallets without handing
over control of their funds.

7
What Makes Streakk’s
INC Special?

Truly Decentralized No Lock up


Streakk firmly believes in "Your Keys, Your Streakk’s INC provides members with the
Crypto” – and so never takes custody of your flexibility to delegate or withdraw their
funds. So, you can stake your crypto with funds anytime. You get to earn crypto for
greater confidence, flexibility, and peace of the time you stake your crypto.
mind.

Super Simple Increased ROI


Members don’t need any technical Streakk’s INC technology guarantees
knowledge, simply holding crypto in the that a member’s crypto is only delegated
wallet earns them passive staking rewards. to Validators providing the best rewards,
resulting in a higher return on investment
on your crypto holdings.

8
Node Cluster
within Streakk Wallet

We’ve integrated a Node cluster within the Streakk wallet to make earning interest on your
crypto easier than ever.

Simply hold crypto in the Streakk Wallet and our AI-powered algorithm automatically
delegates it to the Validator offering the best staking rewards. In the event that crypto is
delegated to a Validator which goes down - or if another Validator offers higher returns, the
crypto will be automatically delegated to lucrative Validator.

9
Smart Liquidity Solution (SLS)

Each POS blockchain network has different rules regarding lock-up periods. During this
period, a user’s tokens are locked up in a smart contract on the blockchain, preventing them
access to their staked assets. This creates a new scenario called lock-up risk, which refers to
the opportunity cost of users not being able to reallocate or liquidate their assets in line with
changes in the crypto market. The ability for the user to stake their crypto assets without a
lockup period would be a way to mitigate lock-up risk. This is where Streakk’s Smart Liquidity
Solution (SLS) comes into play.

Streakk’s SLS solves the liquidity issue routinely faced by blockchain networks in two ways:

1. Internal Liquidity Pool -Streakk pays out Node rewards to its members every week. Each
member that stakes their crypto from Monday 00:01 UTC to Sunday 23:59 UTC, receives
their staking rewards on the following Wednesday. To be eligible for that week’s rewards,
however, they have to stake the funds for the entire week. On the other hand, those
members who only stake their funds in the middle of the week only start to accumulate
rewards the following week. Meanwhile, members who withdraw their staked funds
forgo their rewards for that week. That being said, in such cases where members stake or
withdraw funds mid-week, Streakk reallocates their rewards in the Internal Liquidity pool.

2. Liquidity Providers - As a backup for meeting the network’s liquidity demands, Streakk
has enlisted liquidity providers (financial institutions, exchanges) who can provide
liquidity at a low rate of interest rate. This contingency guarantees that Streakk never
loses its liquidity and can continue to consistently mitigate the lock-up risk for members.

10
Risk Mitigation

Streakk has developed four layers of risk mitigation to both protect our members from loss of
funds and maximise their profitability.

Trusted and Secure Validator Nodes


POS blockchain networks like Cardano, Solana, and, soon, Ethereum and Solana
rely heavily on network participation and Validator integrity. Streakk does not only
depend on external validators and, instead, runs its own Validator Node as well to
earn block rewards for members. By providing regional and data center diversity
and Node redundancy, Streakk is committed to maintaining best-in-class uptime.

Enhanced Monitoring
Streakk employs human and AI-assisted monitoring protocols, around the clock,
to avoid downtime-related slashing. If a Validator goes down, Streakk’s INC auto
delegates the crypto to other Validator.

With our engineers distributed around the world, Streakk implements, protocol-
specific failover strategies to eliminate the risk of double-signing, as well as hot-
spare and fully-synced backup Nodes for fast recovery.

Failure Safeguard
Streakk has manual failover safeguards in place, thanks to our highly experienced
and knowledgeable team, to further eliminate the risk of double-signing. With
Streakk automatically handling all of this for you, there’s no need to worry about
staying online, in sync, and up-to-date, you can manage other aspects of your
crypto investments instead.

Slashing Safeguard
If slashing occurs due to node malfunctions, your crypto is instantly auto-delegated
to another active Validator.

11
Let’s Talk About the Tech…

Enterprise Level High-Performance


Hardware Server Architecture
Streak employs enterprise-level Streak’s high-performance
hardware solutions to operate servers, broadband channels, and
Nodes on the most popular, and advanced network topology allow
profitable, blockchain networks. for a staggering 99.95% uptime
and rapid block generation.

Automatic Full
Payouts Transparency
All payouts are calculated Streakk has strong commitment to
and processed automatically, transparency and decentralization, so
so your rewards are sent out all our operations and transactions are
automatically every week. fully transparent to anyone through
blockchain explorers.

Highly Skilled
Technical Team
The team behind Streakk is loaded with decades of experience
and specialized technical skills. This not only ensures smooth
day-to-day functionality but the ability to consistently add
functionality to our wallet and allow our members to maximize
returns on their crypto investments.

12
Competitive Landscape

Streakk’s INC technology puts the world’s most advanced node infrastructure in the hands of
its members. As a result, it offers them the perfect solution for maximizing the return on their
cryptocurrency investments – all while retaining 100% control of them.

Delegation of Funds Single Validator Cluster of Validators

Auto Delegation No Yes

Control over funds No Yes

Profitability Less Maximized

Process Manual Automatic

Comparison of Streakk’s Node infrastructure with Trust Wallet’s Node infrastructure.

13
Streakk: 3rd Generation
Blockchain Network

Streakk works on a proprietary consensus algorithm which utilises a combination of Proof


of Stake (POS) and Simple Time Protocol (STP). As detailed above, POS requires Validators
to stake a certain amount of a particular network’s cryptocurrency to receive the right to
validate transactions on the network. In return, they earn rewards, in the form of newly minted
cryptocurrency, for their efforts.

Data exists at a particular time

STP works on a verifiable clock. It incorporates a clock into the blockchain which verifies time
taken between two events. It reduces the load on the validators connected to the network. As
a result validators in the network know the timestamp of the events and they need not check
with all available validators back and forth to record a transaction. It enables fast sequencing
of blocks.

POS + STP = Extremely Fast Blockchain Transactions

14
Fastest & only Blockchain
for Finance
Streakk is building a 3rd generation blockchain network with a low and predictable fee of only
$0.0001 per transaction. With transaction cost being one of the major hindrances for governments,
big corporations and central banks looking to implement blockchain on a large scale, Streakk offers a
super fast and secure solution. This not makes Streakk the fastest blockchain, but the only Blockchain
focused on financial transactions.

1ST 2ND 3RD


GENERATION GENERATION GENERATION

BITCOIN ETHEREUM STREAKK


BTC ETH STKK

TRANSACTIONS 3+ 12+ 100,000+


PER SECOND TPS TPS TPS

AVERAGE $19.26 $14.71 $0.0001


FEE USD* USD* USD*

TRANSACTION 10-60 10-20 2-4


CONFIRMATION MINUTES SECONDS SECONDS

ENERGY USE PER 885+ 102+ 0.00012


TRANSACTION KWH KWH KWH

SCALABILITY LOW MEDIUM VERY HIGH

*Average fees of network May 2021

15
Use Cases

STABLE COINS CRYPTO CURRENCIES


Deploy stablecoins on Streakk to Streakk helps maximize the potential
make it more viable for smaller of cryptocurrencies by giving them
blockchain transactions greater day-to-day utility.

CENTRAL BANK DIGITAL NON-CUSTODIAL


CURRENCIES (CBDC) STAKING
With predictable transaction fees and Streakk builds bridge within the crypto
times, Streakk is the perfect choice ecosystem and allows members to
for CBDCs. earn on their crypto without giving up
custody of their funds.

16
Give Wings to your crypto

Earn on
20+
Blockchains

Use
Node to Earn Crypto
Get Higher without
Returns Giving
Custody
Compound
your
Earnings

Truly
Decentralized

BTC ETH USDT BNB


7% 10% 10% 15%
P.A. P.A. P.A. P.A.

CARDANO DOT STREAKK POLYGON


15% 16% 20% 15%
P.A. P.A. P.A. P.A.

17
Tokenomics

Team - 15%

Block Rewards- 50%

Public Sale - 10%

Private Sale - 5%

Ecosystem Growth
and Marketing - 10%

Foundation - 10%

• Team tokens are locked for 3 years and will be realised starting Q3 2025

• Block Rewards are kept aside to reward the token holders

• Private sale of 5 M tokens - May 2022

• Public sale of 10 M tokens - June 2022

• Tokens stored in the foundation treasury fund is supposed to be served as a "last-resort"


in the case that the network requires funds to solve a particular problem that another
source of funding (e.g Block Rewards) is not on the table

18
Project Roadmap

2019 -2020
Conceptualized the idea of Streakk &
On-boarded top talent to setup the
strong foundation 

2021
- Built the internal infrastructure for
Top 5 Nodes at multiple locations to
mitigate slashing risk 
- Partnership with multiple Validators to be a
part of Integrated Node Cluster (INC)
- Launch & Testing of Integrated Node Cluster
(INC) for internal teams  Q1 -Q2 2022 
- Alpha version of the Streakk Wallet with
integrated blockchain networks and UI/UX - Release of public website  
- Release of White paper 
- Private sale & Initial Exchange
offering

July 2022 
- Phase 1 of Streakk wallet release
(will allow members to Send,
Receive or HODL multiple crypto
currencies) 
- Start of Buyback & Burn mechanism
Q3-Q4 2022
- Phase 2 of Wallet with the launch
of Node infrastructure ( will allow
members to earn crypto without
giving custody) 
- Integration of multiple blockchain
2023 Nodes to expand the offerings
- Online & offline campaigns and
- Multiple blockchain Nodes to strategic partnerships to grow
support top 20 coins Streakk community 
- Trading on multiple Exchanges
- Release of  alpha & beta versions of
Streakk blockchain 

2024
- Release of public blockchain 
- Allow members to set up their own
Streakk Validator Nodes 
- Allow Organizations,
Cryptocurrencies, Central Banks to
build on Streakk blockchain 
- Expansion of Streakk blockchain

19
Meet the Streakk Team

Suki Chen is passionate about Blockchain


Technology, Art and Investment. He had advised
and assisted in launching 5 successful Blockchain
projects and helped them raised over $600M.

He had been involved in numerous advisory boards


and discussions at G-level, state enterprises and
some of the largest conglomerate corporations for
Blockchain technology implementations.
SUKI CHEN
Founder Suki Chen also founded a number of companies and
education centres in Southeast Asia. He was Co-
owner of Hotel De La Paix, Cambodia. He founded
Stellar Agency, a multiple award-winning agency
that has trained 10,000+ financial consultants,
managers and directors in 16 countries.

Suki Chen has traveled across South East Asia


region to speak and lecture on various topics such as
Leadership, Business Development as well as mental
health.

An avid Art collector, Suki also maintains an online


Art gallery

20
Meet the Streakk Team

Corry Abrams Billy Anderson Jason Brenson


Sr. Blockchain Architech Head of Marketing & Full Stack Developer
Communication

Yeva Shevchuk Kevin Truden Gary Billick


Social Media Specialist Blockchain Developer Full Stack and Blockchain
Developer

Jaquelyn Card Elsy Rossi


Senior Application Strategic Partnerships &
Developer Alliance

21
DON’T JUST BUY
CRYPTO EARN IT

22

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