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Project Kick-Off: STRMNFT Marketplace Hits 5,000 Registered Users

StreamCoin team also encouraged already-registered users to start minting their image and video NFTs on STRMNFT while it is free until July 2022. After July, minting an NFT on this platform will incur a cost. In addition to minting, the company is also promoting its energy-efficient blockchain, which offers up to 300,000 transactions per second (TPS).

CEO of StreamCoin Michael Ein Chaybeh explained that StreamCoin’s native blockchain ‘Stream Chain’ had to be ‘responsible’ and ‘eco-friendly’ given the environmental risks.

“As we observe how the planet is being consumed every day by operating high-capacity servers, power-consuming blockchain networks, and other high carbon-emission platforms, we came up with a new, responsible, eco-friendly solution that doesn’t compromise the speed and efficiency, and at the same time, contributes to a better future for our planet.”

NFTs minted on the STRMNFT marketplace will be under StreamCoin’s NSTA_602 token standard, which is distinct from Ethereum Virtual Machine-compatible varieties today.

The StreamCoin team installed features to bridge the gap between crypto enthusiasts and Web 2.0 users “who have never used blockchain or crypto before” as a recognition of the gulf between crypto users and those who have not held a single digital token before.

Because of the growing space, Michael remarked that “as per our approach towards developing an ecosystem from user to tech, we designed STRMNFT to be an easy-to-use marketplace and an open space for all types of users.”






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