Streamflow Launched on Aptos Mainnet
Streamflow, Solana’s leading token distribution platform, which enables organizations (and individuals) to distribute funds straightforwardly has launched on Aptos mainnet.
Streamflow has launched on Aptos mainnet. Aptos native users and teams can now stream value in real-time with Streamflow.
Introduction
Streamflow allows users to program recurring payments through payment streams. Payment streams are ideal for token vesting and employee payroll, as they enable recipients to receive value in real-time. Furthermore, Streamflow’s software development kit (SDK) makes it possible for projects to enable programmatic transfers of value in DeFi, gaming, NFT projects, and more.
Streamflow debuted on the Solana mainnet in November 2021, with a total value locked (TVL) of $1 billion or more in token vesting contracts. Aptos blockchain, like Solana, provides a suitable environment for processing seamless payments.
Aptos is a low-latency network with an on-chain reputation system (for validator nodes) and scaling methods.
“Our mission is to provide universal and equitable access to decentralized assets for billions of people… Our belief is that the user experience requires significant improvement in safety and scalability in order to reach the masses (especially non-crypto natives),” said Aptos co-founder Avery Ching.
In July, Aptos raised $150 million in Series A financing and has steadily onboarded developers and new projects. With 200+ decentralized apps (dApps) and growing, the Aptos ecosystem boasts a wide array of projects, with Streamflow adding to the list. The cross-chain expansion to Aptos allows Streamflow to offer token vesting services and payroll to Aptos-native users and projects.
Streamflow CEO and founder, Mališa Stanojević comments, “We believe that new and emerging performant L1 blockchains like Aptos and Sui, built with Move, will see wider adoption in the time to come, and we want to be there from the very beginning to support the growing ecosystems, even during the bear market.”
Decentralized payroll services will become more important as global teams transition to remote work and employees demand greater flexibility. With 54% of global employees considering leaving their jobs after COVID-19, real-time payments could be a powerful incentive and retention tool.
About Streamflow
Streamflow is a token distribution platform that enables organizations (and individuals) to distribute funds straightforwardly.
About Aptos
Aptos is the layer 1 blockchain engineered to evolve. Built with Move to create a home where developers build future-proof apps efficiently and enjoyably.
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