● StreamCoin now allows user registration for STRMNFT.
● STRMNFT may be a digital asset marketplace that aims to revolutionize VideoNFTs.
● StreamCoin CEO Michael Ein Chaybeh and therefore the team are thrilled about the developments.
Users can now register for StreamCoin’s STRMNFT marketplace beginning on May 31, 2022. According to the company, STRMNFT is designed to garner the interest of users, both those who know crypto and those who don’t, by showcasing a user-friendly interface.
Following the STRMNFT launch, TNC Group, one among StreamCoin’s leading partners and investors, released an exclusive Lady Ape Club NFT collection. “We are going to be offering discounts on these collections to all or any who participated in StreamCoin’s ICO and staking portal,” TNC Group states.
Stream Chain, the primary mainnet released by StreamCoin, was used to develop STRMNFT. The STRMNFT team adds that to accumulate that speed, the twin Delegated Proof-of-Stake (DDPoS) mechanism, a complicated version of the Proof-of-Stake (PoS) consensus was introduced by StreamCoin. Notably, the DDPoS mechanism consists of 21 Masternodes.
Michael Ein Chaybeh, StreamCoin’s CEO, remarked thereon by saying:
“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 kinds of users. With our platforms and services, we aim to draw the road between the crypto enthusiasts and the modern Web 2.0 users who haven’t experienced blockchain or crypto before.”
Moreover, one among StreamCoin’s objectives of global eco-friendly solutions is achieved by the usage of DDPos and Proof of Deed (PoD), a mechanism to mint and verify the NFT ownership of the content. Most importantly, STRMNFT saves power and resources by using the PoD approach.
“As we observe how the earth 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 replacement, responsible, eco-friendly solution that does not compromise the speed and efficiency, and at the same time, contributes to a far better future for our planet.”
According to the team, other features of the marketplace include following favorite content creators, creating playlists for the video NFTs, and sorting the content supported categories. As a preliminary offer, STRMNFT features a free digital asset minting until July 2022. StreamCoin encourages all users to grab the prospect and register to try STRMNFT for free.