Spume Project ( Full Information)

March 21, 2022

Overview

Nowadays, as NFT has become a hot concept in the blockchain area, in the face of a market environment where opportunities and risks coexist. NFT-type assets will likely become the closest type of decentralized assets to the public in the history of the blockchain industry. As a result, they are widely considered to have unlimited potential. This is because such assets are easier to understand and accept by the market than disruptive standardized tokens. The development of NFT assets still requires a more sustainable foundation, and we are looking forward to an NFT network ecology that has a long-term investment and application value, and it is capable of crossing the bull market and a bear market. SPUME was born for this purpose.

What is SPUME?

A decentralized marketplace where exchanges take place, where transaction fees are redistributed to the stakeholders equally and equitably, and where the user base has the power to decide when and how changes take place.

Spume is a holder-owned Non-Fungible Token (NFT) Marketplace, where those who hold the SPUME token share the revenue generated from the marketplace's transaction fees. The goal of Spume is to return the power back to the holders, fairly reward community members, and create an all-encompassing platform for users to buy, sell, trade, and create non-fungible tokens on multiple blockchains.

Currently, the most successful NFT marketplaces operate under a centralized platform and even have censorship over the listing and trading of non-fungible tokens. However, this setup is not consistent with the primary purpose of why blockchains are created in the first place. As such, SPUME aims to change things by creating the first truly decentralized and autonomous NFT community, marketplace, and token.

Spume Features

Buy & Sell NFTS - The initial NFT marketplace functionality will include listing NFTs both for instant buying or for auctioning, buying, and bidding on auctioned NFTs and the ability to create collections (NFTs under a single contract). In contrast, the marketplace data will include collection holders, floor price, volume, and percent change in price. In addition to its basic functionality, the proposed enhanced design of the NFT space will truly expand, unlike anything seen in the sector before. The SPUME platform will also function as an NFT design and generation studio where users can create and design any 2D or 3D NFT.
Create Collections - This newly minted NFT will instantaneously be ready for commerce. This will be a revolutionary attribute that will make the platform a place where users have every ability to create, generate, buy and sell NFTS. It will essentially be an NFT marketplace and online design studio for the products being placed on the marketplace
Hold SPUME and Earn - A decentralized marketplace where exchanges take place, where transaction fees are redistributed to the stakeholders equally and equitably. Everyone who holds SPUME is eligible to receive a share of the 2.5% sales fee the Spume Marketplace charges. The 2.5% sales fee is distributed evenly to all SPUME holders based on the percent of SPUME tokens held.
DAO - DAO or decentralized autonomous organization will be established. Everyone who owns and holds SPUME tokens is considered a shareholder of the DAO and is therefore entitled to vote on proposals made by members. Where the user base has the power to decide when and how changes take place.
Available Globally - Anyone, anywhere can participate

Ecosystem of Spume

Creators- Artists, celebrities, content creators, politicians, athletes, titling companies, and banking systems. This grouping includes the people and entities that will be involved in the creation of NFT's, which can and will come in the form of many mediums.
Investors- Art collectors, NFT traders, asset consumers, cryptocurrency investors, corporations, investment firms, and banking systems. These are the people and entities that will benefit from the NFT transactions on the platform, whether buying from creators or buying and selling on a secondary market.
Stakeholders- Our third class is that of token holders. This is an individual who sees the benefit of holding an investment in the exchange system and chooses to financially support the idea. Decisions on large updates to the marketplace and additional utilities will be voted on by SPUME token holders.

Why Spume?

Currently, the most successful NFT marketplaces operate under a centralized platform and even have censorship over the listing and trading of non-fungible tokens. The largest NFT marketplace currently charges 2.5% on every transaction through their website which directly goes to their pocket

Spume will create a decentralized autonomously governed NFT platform where they still charge 2.5% on every transaction, but that fee is paid out evenly to SPUME holders. This incentivizes those who use the platform to hold SPUME and participate in the governance. Decisions on large updates to the marketplace and additional utilities will be voted on by SPUME holders, removing power from one centralized source and returning it to the actual users of the platform.

SPUME Token

The spume token (ticker: SPUME) is an ERC20 token and works as a native token of Spume ecosystem. The token is an implementation of Open Zeppelin's standard ERC20 token, with the addition of their Snapshot class. Adding the snapshot class allows taking snapshots of the current holders of Spume at any moment. Snapshot information is stored on the blockchain and can be accessed by anyone. Snapshots can only be taken by accounts authorized and will be utilized later on for voting purposes with the Spume DAO and potentially to pay out rewards with the NFT Marketplace. Anyone who holds SPUME is a shareholder of the DAO.

Tokonomics

Token Name: Spume
Token Ticker: SPUME
Total Supply: 100 Million
Token Type: ERC-20

SPUME is currently conducting a private sale that accounts for 15% of the total token supply. Furthermore, the proposed enhanced design of the NFT space will be truly revolutionary, unlike anything seen in the sector before.

Roadmap

Team

Conclusion

SPUME will be the first truly decentralized and autonomous NFT marketplace on Ethereum that offers game-changing utilities to everyone involved in crypto transactions. The company aims to return power into the hands of holders while providing people with an all-encompassing marketplace where they can buy, sell, trade, or create new tokens across multiple blockchains; generating revenue fairly and splitting it evenly among shareholders. It aims to provide truly democratic services without any third-party interference.

The NFT marketplace has exploded in the past year, with NFTs sales growing from $94.9 million in 2020 to $24.9 billion in 2021 and still on an upward trajectory. This is due to NFTs becoming mainstream as high-value digital assets among artists, collectors, and crypto lovers. As the metaverse keeps expanding and leaning towards global adoption, it is imperative to create an NFT community, marketplace, and token such as SPUME that fits the narrative of a truly decentralized platform, one that rewards all stakeholders and allows them to be involved with the formation and creation of new everchanging ideas.

Search This Blog

bentadem11