In the last two weeks since STRMNFT opened the new digital assets for registration on May 31st
The marketplace grew in popularity with its unique features and exclusive offers.
Where many newly launched NFT marketplaces have struggled, STRMNFT bursts onto the scene and boasts one
a new blockchain and NFT token standard.
What is STRMNFT?
STRMNFT is a marketplace created to allow anyone to experience video NFTs by offering a
user-friendly interface supported by cutting-edge technology. It separates from his
Competitors by offering users a modern and different approach to showcase their art, be it
an image or a complete video.
How does the STRMNFT marketplace work?
In short, this marketplace has a native blockchain that can handle 300,000
Transactions per second, a speed that surpasses any similar network on the market. In addition, STRMNFT has a unique and new token standard for minting NFTs: NSTA_602 (NFT
Standard Token Agreement_602).
Users can enjoy many OTT functionalities that make their experience unique. For example this one
Features include support to follow other channels, audience settings for the NFTs,
age-restricted content, playlists and many others.
How does minting work on STRMNFT?
STRMNFT uses its native blockchain with a new and different consensus called DDPoS (Dual
Delegated Proof of Stake). With this consensus, STRMNFT is able to process transactions with
a small delay while providing a high level of security for the network.
The STRMNFT blockchain uses the NSTA_602 token standard to allow users to mint and store NFTs
on the network. To explain: This standard offers several tools and functions. Some of these unique features include: ownership history tracking, the ability to emboss multiple NFTs from the same file, and support for NFT ownership creation for full videos.
What is different on the STRMNFT marketplace?
Then the backend process for embossing doesn’t stop here because STRMNFT uses a different method than
Check the NFT and manage the files associated with it. They call this feature Proof of Deed (PoD).
With this method, STRMNFT processes the image or video file separately from the NFT
Certificate. Accordingly, there is a higher speed when trading NFTs or viewing the associated files
on the marketplace.
STRMNFT offers and promotions
If you register on STRMNFT today, you can benefit from the following offers:
Fee-free NFT minting
Since its opening on May 31st, STRMNFT has announced that all NFTs minted before July will be free, saving a ton of money for new users who want to experience NFTs without having to deal with crypto fees.
The Love STRMNFT Challenge with a $10,000 prize pool
In short, to spread its message worldwide, STRMNFT created the “Love STRMNFT” challenge
Allow all users and fans to express their love for the brand with a big prize pool to inspire their creativity.
Thus, the prize pool includes STRM and GSTRM tokens totaling $10,000 and will be split among the top 31 creative entrants as follows:
- First, the lucky prize for 1st place is $5,000.
- Then the next 5 winners will each receive $500.
- The last 25 winners will each receive $100.
How to take the Love STRMNFT challenge
So if you want to participate, visit STRMNFT’s Twitter post about the “Love STRMNFT” challenge. STRMNFT encourages everyone to participate before the end of the challenge on June 30th
11:59pm GST. You can also find more information on the STRMNFT Marketplace website!