About Streeth Ico
Streeth Ico is a platform for curating, minting and conducting auctions of world’s most renowned artists’ Street Artworks. These artworks could be owned, stored and traded by collectors via STREETH. Streeth curates, mints and auctions world most acclaimed street artists’ masterpieces. On the Ethereum blockchain.
Street Art is the most popular and renowned Art niche within the global $70,000,000,000 art market and yet, given its scale and “public” nature, is the only one that has never been Monetized, Traded, Collected and privately Enjoyed.
It also has a perishable nature and finite life cycle (weather, vandalism, zoning and other threats). At STREETH, they curate, mint and auction world’s most renowned artists’ Street Artworks and let collectors own, trade, store and enjoy them. All through the Blockchain technology.
| ICO | DETAILS |
|---|---|
| Company Name | Streeth Ico |
| Token Symbol | STREETH |
| Ico price | $0.070000 |
| Fundraising Goal | $200,000 |
| Token For Sale | 2,857,143 STREETH |
| Accept | N/A |
| Access | Public |
| Whitepaper | Click Here To View |
| Website | Homepage |
Mission
Street Art is the most popular and renowned niche within the global $80B art market and yet, given its scale and public nature, is the only form of art that has never been monetized, traded, collected and privately enjoyed.
It’s also perishable by nature as weather, vandalism and zoning threaten its life cycle. At Streeth they allow collectors to own and enjoy Street Art pieces while ensuring their unicity and eternity on the Ethereum blockchain.
Streeth Uses
STREETH is an NFT centered infrastructure and ecosystem designed to change the following shortcomings:
- no Street Art has ever been sold to collectors
- no Street Artist has ever being able to monetize his work
- no Street Art has ever been owned and fully enjoyed by a owner
- no Street Art has ever been granted full protection and eternal life
STREETH brings the NFT technology to a new, real and tangible level of utility. They believe that Street Art is the best art medium for the NFT market and its application due to its specific positioning: rebel, independent, decentralized, undocumented and against the status quo.
Humanity has created Street Art since its origin but it has been unable to trade it, collect it, enjoy it and ven display it in museums. Till now. The vision is to change that and evolve completely how they relate to Street Art.
Future Uses & Outlook
They expect world Museums to be using our ecosystem to protect world heritage artworks like Da Vinci or Caravaggio from future deterioration.
They expect art collectors to purchase world renowned street artist creations (exclusive to STREETH) from our marketplace.
They expect street artists to finally monetize their Street Artworks on platform.
They expect STREETH token holders to play an active role in our community, stake tokens to farm limited-edition token BRICKS, for the decades to come.
The ability to own unique Street Artworks, which can be acquired and traded on chain, is a game-changer that promises to shake up the hottest sector in the Art space: Street Art.
Products
- Marketplace for Street Art auctions
- Platform for fractionalized minting
- VR/AR Museum on the Metaverse
- Primary Token #STREETH (Utility)
- Secondary Token #BRICKS (Reward)
- Staking platform BRICKS X STREETH
- Spray-To-Earn VR Videogame
- Limited edition Streetwear merch
- 8,000 3d avatars PFP collection
The Market
Street Art
The art market is worth a reported $70,000,000,000. Street Artists are said to account for a major portion of it. Artists such as Shepard Fairey (Obey), Banksy, Retna, Kaws, Mr Brainwash and Basquiat (started as a graffiti artist) have beautified cities around the world with their Street Art masterworks. Such artists have reached all-time-high art valuations in the past decade.
Here some worth mentioning:
1 Banksy – March 2021 – “Game Changer” sold for $23,300,000
2 Kaws – April 2019 – “The KAWS Album” sold for $14,900,000
3 Basquiat – May 2017 – “Untitled” sold for $110,500,000
Art NFTs
Crypto-art fans have been voraciously buying NFTs over the past few years but there is no doubt that the market has exploded in late 2020 – early 2021.
In January and February 2021 alone, there were $300 million in NFT sales. OpenSea, a leading NFT marketplace, had monthly sales of just $1.5 million in early 2020—that figure now jumped to $8 million in January 2021 and an astonishing $86.3 million in February 2021. Several NFTs have reached 7 and 8 figure valuations.
Here some worth mentioning
1 Beeple – March 2021 – “Everydays: The First 5000 Days” sold for $69,300,000
2 Grimes – March 2021 – “WarNymph Collection Vol.1” sold for $5,800,000
3 Mad Dog Jones – February 2021 – “Crash + Burn” sold for $3,900,000
Token & Economics
STREETH ecosystem operates through its primary token (#STREETH) and its secondary token (#BRICKS).
STREETH is the native cryptographically-secure utility token of the STREETH ecosystem and is a transferable representation of attributed functions, designed to have a key role in the functioning of the ecosystem as a non-refundable functional token which will be used as the medium of exchange between ecosystem users.
BRICKS is a secondary (reward) token that will be generated through the staking of the primary STREETH token as an incentive to participate in the ecosystem. BRICKS will also be given as a reward to buyers (“the collectors”) who decide to lend their fully owned Street Art pieces to the MUSEUM. BRICKS will also be used as a Prize on occasion of contests, promo campaigns and lotteries.
BRICKS holders will be able to access exclusive benefits and advantages such as: free trades, discounts/credits, free collectibles.
STREETH will grant benefits such as: automatic whitelisting for NFTs minting, discounted fees on our marketplace, free unlimited entries to our VR Museum, free unlimited plays on our VR videogame.