Streeth (STREETH) is a token on the Ethereum, which aims to make Street Art monetizable, collectible, tradable, enjoyable and eternal.
STREETH itself is a company that helps street artists make their real-world street art (graffiti, sculptures, etc.) into 1:1 NFTs by signing sales contracts with them and auctioning them off to buyers. They help artists take their real-world street art (graffiti, sculptures, etc.) and auction it off to buyers in 1:1 NFT format. Buyers can purchase the artist's work in NFT form certified by STREETH, bid on the purchase, NFT mint, and then the contract is transferred to the buyer's Vault (it is not clear if it is the buyer's own ethereum address). STREETH has also added three additional features to the product:
1. secondary marketplace: for trading NFT artworks
2. Museum: STREETH developed its own digital museum of artworks, where NFT-holding collectors can rent their NFT artworks to the Museum to earn rewards. The museum is similar to a metaverse concept, each exhibit has a special mark of the artist, the holder, and is presented in VR form.
3. Map + VR: In the content disclosed on the website, each NFT piece will appear in its own developed map, and the 1:1 cast NFT and the holder information can be observed using VR in the geographical location of the original graffiti.