Monday, June 27, 2022
HomeMarketplaceSTRMNFT: A New Marketplace Expanding the Utility of Video NFTs

STRMNFT: A New Marketplace Expanding the Utility of Video NFTs

In the last two weeks since STRMNFT opened for registration on May 31, the new digital assets

marketplace was getting increased adoption with its unique features and exclusive offers.

While many new NFT marketplaces have had a difficult time, STRMNFT has emerged as a leader in the market with a

NFT token and blockchain standard.

STRMNFT Markeplace is turning the world of video NFTs upside down


STRMNFT is a marketplace created to allow everyone to experience video NFTs by offering a

user-friendly interface backed by cutting-edge technology. It stands out from

rivals by offering a unique and modern way for users to display their art

a video or an image.

How Does The STRMNFT Marketplace Work?

In short, this marketplace features a native blockchain that is capable of processing 300,000

transactions per second, a speed that excels every similar network on the market. Additionally, STRMNFT boasts a unique and new token standard to mint NFTs: NSTA_602 (NFT

Standard Token Agreement_602).

Users have many OTT features that make their experience exceptional. These

functions include the ability to follow other channels, have audience settings for NFTs ,

content that is age-restricted, playlists, among many others.

How Does Minting on STRMNFT Work?

STRMNFT uses its native blockchain with a new and different consensus called DDPoS (Dual

Delegated Proof of Stake). This consensus allows STRMNFT to process

transactions with a small delay and provides a high level security for the network.

STRMNFT blockchain uses the NSTA_602 token standard to let users mint NFTs and store it

on the network. This standard has multiple features and tools. These unique features include the ability to track ownership history, mint multiple NFTs from one file and the support for creating NFT owners for full videos.

What’s Different on the STRMNFT Marketplace?

Then, the backend process for minting doesn’t stop there, as STRMNFT utilizes a different method to

verify the NFT and manage the files associated with it. This feature is called ‘Proof of Deed (PoD).

This method allows STRMNFT to process the image or video separately from the

certificate. This allows for faster trading of NFTs and viewing associated

files on the market.

STRMNFT Offers and Promotions

If you register today on STRMNFT, you can benefit from the following offers:

Zero-fee NFT Minting

Since its opening on May 31, STRMNFT announced that all the NFTs that will be minted before July will be free of charge, which saves a lot of money for new users who want to experience NFTs without bothering with crypto fees.

The ‘Love STRMNFT’ Challenge With a $10,000 Prize Pool

In short, to spread its message worldwide, STRMNFT launched the ‘Love STRMNFT’ challenge to

enable all its users and fans to express their love for the brand with a big prize pool to inspire their creativity.

Thus, the prize pool comprises a total of $10,000 worth of the STRM & GSTRM tokens, and it will be shared among the top 31 creative participants as follows:

  • Firstly, the lucky 1st place prize is $5,000.
  • Then, the next 5 winners receive $500 each.
  • The final 25 winners get $100 each.

How To Get Involved In The ‘Love STRMNFT’ Challenge

So, if you’d like 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 30, at

11: 59 PM GST. Check out the STRMNFT Marketplace website for more information too!

Are you tired of missing important NFT drops?

Check out our NFT Calendar!

Receive the biggest NFT news of the day & recommendations in our Daily newsletter.

All investment/financial opinions expressed by are not recommendations.

This article is educational material.

As always, make your own research prior to making any kind of investment.

Read More

Henry Hicks
Henry Hicks
NFT and Crypto Enthusiast. Loves Travelling and Exploring the Metaverse!


Please enter your comment!
Please enter your name here

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

Most Popular