On February 6, 2023, Turkey faced one of its deadliest earthquakes in recent history, causing extensive damage and loss of life. As a response to the disaster, the STRM Foundation has launched a new initiative, "Pray for Turkey," to assist those affected by the earthquake. The initiative involves the creation of 10,000 NFTs that will be exclusively used to donate to trusted organizations working to provide relief aid to the affected people. These NFTs are priced at 800 STRM each and do not come with any royalty fees, nor can they be resold. All proceeds from the sale of the NFTs will be directed towards relief efforts for the survivors and their families in Turkey. To know more about the initiative, check out the following blog: https://medium.com/@streamcoin/dd19cd62d2e4
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Explanation of the Key Terms
NFTs
NFTs are a new form of digital ownership that provide a way to prove the authenticity and ownership of unique digital assets. By using blockchain technology, NFTs enable creators to sell their work directly to collectors, without the need for intermediaries.
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