The buzz in the blockchain world just got louder with Street Foundation's latest announcement. On September 27, 2025, Miya from StreetFDN dropped a tweet introducing the $STREET Points system, a clever way to reward users for holding tokenized assets from top Silicon Valley startups built on the ERC-S standard. If you're into meme tokens or the broader crypto ecosystem, this could be a game-changer for engaging with real-world asset tokenization.
What Are $STREET Points and How Do They Work?
At its core, $STREET Points is a loyalty program designed to incentivize holders of ERC-S tokens. ERC-S appears to be a specialized Ethereum token standard tailored for compliant tokenization of securities and assets, similar to standards like ERC-3643 but focused on startups and innovative companies. By holding these tokens, you earn points that could potentially unlock future benefits in the $STREET ecosystem—though Street makes it clear that points aren't tokens or equity, and their use is at the team's discretion.
The program kicks off with Season 1, themed "Street x Kled," partnering with Kled AI (@useKled). Right now, the only way to rack up points is by holding $KLED, Kled's token representing their consumer data marketplace. As more ERC-S tokens launch, the points distribution will expand.
Here's the points math broken down simply:
- Total Points: 1 billion distributed over 16 weeks.
- Emissions Schedule: Points ramp up as new ERC-S tokens join the fray.
- Weekly Split: Based on the square root of market cap (√mcap) weighting, plus a 2-week launch boost for new tokens. The team can adjust the mix, like allocating 60% to $KLED and 40% to another token.
- Snapshots: Random weekly snapshots to calculate holdings and distribute points fairly.
For Week 1:
- Emissions: 45,248,869 points
- Split: 100% to $KLED holders (since it's the only live ERC-S token this week, boosted by launch perks)
This setup encourages long-term holding and community engagement, much like airdrop farming but tied to real startup assets.
Upcoming Tokenizations: YC, A16Z, and Humanoid Robotics
Street isn't stopping at points—they're gearing up to tokenize some heavy hitters. The pipeline includes over 150 startups from Y Combinator (YC) and Andreessen Horowitz (a16z). Imagine owning a piece of the next big thing in tech, tokenized on-chain for easy trading and liquidity.
The highlight? Bringing the first humanoid robotics company public through a mini-IPO on ERC-S. Mini-IPOs are essentially smaller-scale initial public offerings conducted via blockchain, allowing retail investors to participate in early-stage funding without traditional barriers. This could democratize access to high-growth ventures, blending meme token excitement with serious venture capital plays.
Partnership Spotlight: $KLED and Kled AI
Kled AI is positioning itself as the go-to marketplace for licensable datasets, sourcing massive amounts of consumer data for AI training and more. Their token, $KLED, is the entry point for Street's points right now. Avi Patel, founder of Kled, expressed hype about the early involvement, while the Kled account emphasized delivering daily value to token holders.
If you're holding $KLED, you're already earning points—perfect for meme token enthusiasts looking to diversify into data-driven assets.
Why This Matters for Meme Token Fans and Blockchain Practitioners
In a space where meme tokens often thrive on hype and community, Street's approach adds a layer of utility by linking rewards to tokenized real-world assets. It's a bridge between fun, viral crypto and tangible startup equity. Keep an eye on this as more tokens launch; it could spark a new wave of interest in ERC-S as a standard for compliant, on-chain securities.
For the full details, check out the original tweet and read more about ERC-S here. As always, remember that programs like this can change, so do your own research before diving in.
Community Reactions
The tweet has garnered 20 likes and a few replies so far. Avi Patel chimed in with excitement, Kled AI highlighted ongoing value creation, and one user asked about the start of Week 1—indicating early interest and questions from the community. As this rolls out, expect more buzz around $STREET and its ecosystem.