STREETH completes the delivery of its token to investors and contributors

Street Art company STREETH has announced that this past January 2023, in accordance with their vesting schedule, they have officially completed the delivery of their STREETH token to investors and contributors. This marked the last step in the token's Issuance & Delivery program.

Now that all investors have received their tokens, to celebrate and renew their commitment, STREETH is working on a massive "Token Lock event" where up to 50% of the whole supply will be locked for a determined amount of time. This is a key event for the company and its community as it highlights the long-term vision of its management team.

After completing the issuance and distribution of its token, STREETH's current focus is on the development and launch of their Marketplace Platform which will allow all enthusiasts to view, trade, bid on and buy 1:1 editions of Street Art NFTs.

One of a kind masterworks made by internationally renowned artists such as Jorit and Bustart will be registered on the Blockchain with STREETH acting as guarantor of authenticity. The artworks are the 1:1, immutably preserved, counterpart of the respective physical works painted in the most remote and fascinating corners of the globe. Their certification and eternal registration on the Blockchain will also serve as the guardian of its Off-Chain counterpart. The main beauty and charm of Street Art works is precisely its fragility and limited life cycle, due to vandalism, deterioration and climate events. This is where STREETH enters the scene with its modern technology that makes Street Art masterpieces eternal.

STREETH was founded and launched between the end of 2021 and the beginning of 2022 and despite an NFTs market that saw its volumes drop by 90% from its peak, it managed to renew its mission, restructure his roadmap and prepare for the new spin of a market in constant evolution. There is no doubt that NFTs, despite its fluctuations mostly related to the underlying crypto assets, are here to stay and revolutionize numerous industries and use cases in our modern society.

After the recent completion of the token distribution, STREETH is now finishing the development of its platform which constitutes the core of its ecosystem. Users from anywhere on earth will be able to admire, mint or trade worldwide renowned Street Artworks using ethereum or the native STREETH token. Street Art fans will also be able to view STREETH'S NFT collections such as the Genesis and the Origin. Along with Metaverse-ready collectibles such as the Villa Passes. STREETH's online community boasts a total of 100,000+ members across socials and its journey has been published on prominent media such as Forbes, Wired, Yahoo and Ocean Drive. Its roster of artists includes real talents from every continent and background, with graffiti that have beautified streets and walls across the globe.

To keep up with STREETH and receive up-to-date news and announcements, check their Twitter, Discord. Their official website is visible at streeth.io, along with full info about the team, the partners, their tokenomics and Whitepaper.

STREETH
Danilo De Rosa
info@streeth.io
USA

Streeth curates, mints and auctions world
most acclaimed street artists' masterpieces.
On the Ethereum blockchain.

This release was published on openPR.