NFT collateral liquidity and scaling solution MetaStreet announced the launch of the ERC404 governance token MSTR on the X platform, aiming to solve project liquidity adjustments and plan to explore the synergy between NFT and governance tokens. MetaStreet claims that MSTR will redefine NFT finance while pushing the project into the final stage of decentralization.

According to previous news, MetaStreet completed US$10 million in financing in 2022, with Dragonfly and OpenSea participating in the investment. So far, its total financing amount has reached US$24 million.