LFI and STREETH tokens are trending – Defi market wrap

LunaFi is a leading decentralized and peerless Defi betting protocol. It provides users with a secure and trustless environment in which they can gamble and invest. Furthermore, for the first time ever, customers can become the house. This company allows users to securely place peerless bets in a trustless, non-custodial betting platform. The team plans to revolutionize the global sports betting industry by allowing the player to invest and become the house. It will harness the power of decentralized technologies, autonomous smart contracts, and community governance to achieve its goals.

In the first stage, the company will provide a complete Defi platform designed to enable the integration of sports betting and prediction markets. It will power this platform with a protocol and community-owned liquidity pool known as a House Pool. Developers looking to add peerless betting functionalities to their dApps can also integrate this suite. The first will be LunaFi’s own dApp, Lunabets. This decentralized sportsbook application will offer users many benefits.

According to the team, Lunabets will utilize LunaFi’s smart contracts and liquidity pools. Thus, it will ensure trustless payouts. The smart contract will settle the score immediately with the winning party, removing all counterparty risk. Moreover, end-users will be able to utilize Lunabets to place bets. The company guarantees to pay out all wagers from its liquidity pools and smart contracts.

What about the LFI token’s ICO? 

The team also plans to launch its native utility token on April 14, 2022. The sale will end on April 15, 2022. 3,333,333 LFI will be available for sale for the price of $0.030000. That is 0.33% of the total supply. However, the token’s price will increase after the initial coin offering ends. The company wants to raise $100,000 with the sale, and it will accept ETH in exchange. LFI token is very trending, with its platform already gaining popularity among Defi users.

STREETH also plans to start its token sale on April 6, 2022. It is a platform for curating, minting and conducting auctions of the most renowned artists’ Street Artworks around the world. Collectors can own, store and trade these artworks via STREETH.

The platform has its own token STREETH. Its price will be $0.070000 during the ICO sale. Users can purchase 2,857,143 STREETH at this stage on the BinStarter platform. The team’s fundraising goal is $200,000.

How does the STREETH platform work? 

Street Art is the most renowned and popular Art niche within the global $70,000,000,000 art market. Despite that, it is the only one that has never been monetized, traded, collected, or privately enjoyed. In addition, it has a perishable nature and finite life cycle (vandalism, weather, zoning, and other threats).

At STREETH, the team curates, mints, and auctions the most renowned artists’ Street Artworks from around the globe. It also lets collectors own, trade, store, and enjoy them. The company achieves all this through Blockchain technology.

STREETH is an NFT centered infrastructure and ecosystem. The founders designed it to change the following shortcomings: no Street Artist has ever been able to monetize his work; no Street Art has ever been sold to collectors; collectors never owned and fully enjoyed Street Art; Street art hasn’t ever been granted full protection and eternal life. However, this platform aims to bring the NFT technology to a new, real and tangible level of utility and solve these problems.

STREETH team believes that Street Art is the best art medium for the NFT market and its application due to its specific positioning: independent, rebel, decentralized, undocumented, and against the status quo. Humanity has created Street Art since its origin. However, people have been unable to trade it, collect it, enjoy it or display it in museums until now. This company wants to offer all of that to art collectors.

Why is the project unique? 

STREETH will enable its customers to bid, win and own that massive, unique mural by world-acclaimed artist Retna, located on a building in Miami, along with many similar artworks. Users will be able to visit the site of the Street Art piece they own, pull out their phone, scan the platform’s QR Code placed on the Art, and show people around them that they are the sole and legitimate owner of that unique piece of Art.

According to the team, becoming the legitimate owner of a fully authenticated, massive, 1:1, physical masterpiece by world-famous artists is now possible. Even if the art piece will vanish or is vandalized one day, the buyer will be the sole owner of its NFT version in perpetuity. Collectors will get fully endorsed, signed, and authorized documents from the artist. They will be able to pass it to their children unless they decide to trade or resell it on this platform.

Furthermore, the company will mint and register each Street Art piece that is sold on the Ethereum blockchain with Proof Of Ownership and Artist Authentication certificates. Thus, the buyer will be able to see it inside their STREETH’s VAULT, where all their Art is stored. In addition, the art piece will be publicly visible on STREETH’s MAP page. The company displays all art pieces on a massive map of the planet on its platform. Anybody who clicks on that Art’s pin will be able to see its owner and its full etherscan ownership transaction.

What about the other benefits? 

The team will offer collectors the opportunity to lend their collected art pieces to STREETH’s MUSEUM. The latter is a foundation built on the metaverse and accessed through full-experience VR visors. Its users will be able to admire privately owned Street Art pieces offered by collectors. On the other hand, the company will reward collectors in BRICKS, which is its secondary token. Its holders can farm the coins through STREETH tokens staking or through lending owned creations to the MUSEUM.

To use this platform, famous artists will have to sign exclusive rights of sale contract with STREETH. The company will announce the Art drop and schedule its auction. The latter will start with a predetermined starting price, reserve price, and end date. The platform will sell the Art to the highest bidder.