MetaStreet launches ERC404 governance token MSTR

ChainCatcher news, NFT collateral liquidity and scaling solution MetaStreet announced the launch of the ERC404 governance token MSTR on social platforms, aimed at addressing project liquidity adjustments and exploring the synergy between NFTs and governance tokens.

MetaStreet claims that MSTR will redefine NFT finance while pushing projects into the final stage of decentralization.

According to the crypto data platform RootData, MetaStreet completed a $24 million financing round in 2022, with participation from Dragonfly and OpenSea.