Spume: Blockchain-Based Marketplace for Collectible NFTs
We all know the planned obsolescence of digital products are a major problem. Spume is on a mission to return power back to holders of collectible digital goods. This will create an ecosystem, where those who hold SPUME share in the revenue and earn a fair reward for their belief in and support of NFT’s!
As members of the crypto-collectibles community, we have witnessed a wave of unethical practices, custodial centralisation, and greed. In some cases, owning digital collectibles can be not only a difficult but also dangerous thing. This is why the Spume team is focused on creating a community-owned NFT Marketplace. The platform is meant to reward its community members fairly, by implementing rights management and rewarding users with a percentage of ETH transaction fees. The number one purpose of this project is to empower the collectors.
The holders own Spume . This is unlike many exchanges, where the exchange owners are the owners of the token, and generates revenue for itself using users.
SPUME token holders share in the revenue generated by the marketplace’s transaction fees on the Spume Non-Fungible Token (NFT) Marketplace. Spume’s mission is to restore power to the holders, properly compensate community members, and provide an all-encompassing platform for users to purchase, sell, trade, and generate non-fungible tokens across different blockchains. Spume will be the first genuinely decentralized and autonomous NFT community, marketplace, and currency if these objectives are met.
The Found Obstacle
The largest NFT marketplace, OpenSea, now charges a 2.5% fee on all transactions made through their website. More than $50 million has been charged to NFT traders over the past 30 days (as of January 3), which is the amount of volume they’ve handled. Additionally, they have complete control over censorship and the listing and trading of NFTS on their platform, which is why they charge a fee for their service.
A decentralized autonomous NFT platform will be built by SPUME and the 2.5 percent transaction fee will remain, but the cost will be evenly distributed among SPUME holders. This encourages SPUME holders to participate in the governance of the platform. In order to decentralize power and return it to SPUME’s real users, SPUME holders can vote on significant enhancements to the marketplace and new utilities.
Is it a good idea to pay SPUME holders with profits from the Spume marketplace? No doubt about it. Let’s assume we perform at the same rate as OpenSea (2.3b / 30): A daily average of 76 million. We distribute 2.5 percent of the total volume (76m * 0.025) to our holders. Our shareholders receive $1.9 million in dividends every day. One SPUME token is worth approximately $0.02 per day. At a price of $0.4 per SPUME token, we plan to hold a public auction. Please don’t be afraid to figure out your bottom line.
The Chronological Order
Right now, we’re working on a private sale and building out our website. According to our tokenomics section, we’re only selling 15% of our tokens during the private sale. Venture capitalists will not control the Spume Market.
On a regular basis, we will inform you of the progress of our platform. Sign up for our newsletter below to stay on top of all the latest developments.
A team of blockchain and industry experts created the tokenomics of Spume. With the primary focus on our community, our tokenomics are built on the foundation of our project’s fundamental goals. It is the foundation of Spume’s tokenomics that token utility, price stability and community security are built into the foundation of its tokenomics.
The total number of Spume Tokens is 100,000,000.00 (one hundred million). This figure makes it easier to comprehend and accomplish our market cap in a more comprehensible way. Token holders will be able to place a more realistic value on their projected profit sharing and yields thanks to the limited supply of Spume tokens. More trading pairs will be available on the market if our token has a lower supply than usual. As an example, many exchanges only allow a fixed number of decimal points for the price of a high-priced currency linked to a token.
Spume’s evolution is depicted by each protocol in our roadmap. It is possible that the work that underpins each major event may span several stages, even though it is assigned to a single category. Our current growth strategy for Spume is outlined in this roadmap, but we reserve the right to make changes as the situation warrants.
The group of people working together
Website _ https://spume.io/
Discord _ https://discord.com/invite/jjsZNB6rmT
Telegram _ https://www.t.me/spumeio
Twitter _ https://twitter.com/spumeio
Instagram _ https://www.instagram.com/spume.io/
Bitcoin Talk Username: Manti Tarak
Profile Link: https://bitcointalk.org/index.php?action=profile;u=3398709
BSC Wallet Address: 0xa00Ac64ce301B4E584Fe78B0864EE6575a4b2b68