Cryptocurrency has always been a hot topic in the digital market, and with good reason. The digital currency offers one key factor: freedom, which creates an opportunity for all people to take back their power from monopolistic corporations who control traditional industries through censorship-resistant transactions that are verified on blockchain technology.
The SPUME project is pushing this agenda even further as it provides holders of non-fungible tokens (NFTs) a place where users can buy, sell, trade, and create non-fungible tokens on multiple blockchains.
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 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 idea behind SPUME is simple: create a stable token with utility and price stability. To do this, they’ll release 100 million tokens into the market, making their valuation clearer for everyone to understand (and increasing its chances of success).
“Having the supply of SPUME tokens be relatively low will help the community’s holders value their anticipated profit sharing and yields in a more relatable way,” explained the creators. “Having our token supply lower than normal will allow us to have more trading pairs when our token is listed on exchanges. This is especially important when a token is being paired against high-price coins because many exchanges only allow tokens to have a certain amount of decimal points for its price.”
SPUME’s Decentralized Autonomous Organization (DAO) will be primarily occupied by members (meaning people who work for the DAO), and shareholders, who will benefit from the profits through dividends. The DAO is under a smart contract governed by shareholders.
SPUME is committed to creating a seamless experience for holders. Also, the marketplace will strengthen people who have little to no experience in minting NFTs with the requisite knowledge and skill to sell on the site.
“A place where stakeholders have a say in how it is operated and can decide to enact change when they see fit. That is what we are building—a decentralized marketplace where exchanges take place, where transaction fees are redistributed to the stakeholders equally and equitably, and where the user has the power to decide when and how changes take place. This is SPUME.”
Creating a marketplace built around communal ownership and control, the SPUME team has invested a sizable percentage of its budget to increase social media visibility. Currently, SPUME records an impressive number of followers on Twitter, TikTok, and Instagram. They also have a Discord server and Telegram group to communicate with the members effectively.
Sponsored Post