Toronto, Ontario–(Newsfile Corp. – June 6, 2022) – StreamCoin, a blockchain company with a group of Streaming and NFT-focused services, announced the launch of its highly-anticipated STRMNFT marketplace, a space for creators and everyday users to experience video NFTs in a new, fashioned way.
STRMNFT Marketplace
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After capping off its ICO and listing its token on 100+ exchanges, StreamCoin closed the last month (May 31, 2022) by opening STRMNFT for registration following its roadmap. Users now can create an account and start minting their first NFTs on the platform.
Through STRMNFT, StreamCoin aims to attract new users by offering an easy-to-use interface so that anyone can experience NFTs hassle-free.
Michael Ein Chaybeh, the CEO of StreamCoin, stated:
“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. With our platforms and services, we aim to draw the line between the crypto enthusiasts and the modern Web 2.0 users who have not experienced blockchain or crypto before.”
Along with developing the marketplace, the company has also finalized the first version of Stream Chain, its native blockchain capable of processing 300,000 transactions per second. Moreover, STRMNFT uses StreamCoin’s dedicated token standard for minting NFTs – NSTA_602 (NFT Standard Token Agreement_602).
Stream Chain relies on a different consensus for securing the network and processing transactions with this speed. Named Dual Delegated Proof of Stake (DDPoS), this consensus works by utilizing 21 Master Nodes. Seventeen of these Master Nodes operate as Block Producers (Block time: three seconds), while the other four work as Nodes Validators and get randomly selected for each round, which needs 63 seconds to be completed.
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