Spume is a holder of owned NFT Marketplace, where those who hold SPUME share the revenue

in #crptospumetoken • 3 years ago

Project Spume?

With a ticker of SPUME, the Spume cryptocurrency is built on the Ethereum Block Chain. With the inclusion of Open Zeppelin’s Snapshot class, the token is an implementation of Open Zeppelin’s standard ERC20 token. SPUME is a platform where NFTs may be bought and sold. Token holders are individuals who own the SPUME token and partake in the money earned by transaction fees on the marketplace. Spume’s mission is to build a decentralized platform that allows users to trade and produce non-fungible tokens. Spume will become a token and will be the first totally decentralized and autonomous NFT community and marketplace.

SPUME NFT Marketplace functionality

  • Listing NFTs both for instant buying or for auctioning
  • Buying and bidding on auctioned NFTs
  • The ability to create collections (NFTs under a single contract)

SPUME NFT Marketplace data

  • Collection holders, floor price, volume, and percent change in price
  • Individual NFT trades and prices at those trades

Problem

OpenSea is the largest NFT marketplace and currently charges 2.5% on every transaction through their website. In the last 30 day (as of Jan 3), they facilitated over $2.3 Billion in volume, meaning they charged NFT traders over $50 million. Aside from the cost to use their platform, they are a centralized platform who has power over censorship and every facet involved with the listing and trading of NFTS through their site.

Solution

SPUME will create a decentralized autonomously governed NFT platform where we still charge 2.5% on every transaction, but that fee is payed out evenly to SPUME holders. This incentivizes those who use the platform to hold SPUME and participate 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.

WHY INVEST

OpenSea is the largest NFT marketplace and currently charges 2.5% on every transaction through their website. In the last 30 day (as of Jan 3), they facilitated over $2.3 Billion in volume, meaning they charged NFT traders over $50 million.
Aside from the cost to use their platform, they are a centralized platform who has power over censorship and every facet involved with the listing and trading of NFTS through their site.

BENEFIT UPON BENEFIT

The Spume Marketplace charges a 2.5% sales fee for all purchases made using their platform. 2.5% of every sale is given to all SPUME holders, based on the amount of SPUME tokens they hold. The team and DAO will not apply any additional fees on top of the 2.5% or tax the 2.5% sales fee. Because the DAO holds 20% of all tokens, they are entitled to 20% of the 2.5% sales fee. They will fund their treasury through their entitled dividends.

Apart from the transaction fees incurred from the Spume market, there are important opportunities to take advantage of Spume Audience. Spume is able to make more money from different types of non-fungible tokens projects by using their website, Discord, and Telegram as a means of promotional advertisements. Every single dollar of profit will go into Spume’s community yield fund.

TOKENOMICS

The Spume token supply is distributed as follows:

  • 20% — Public Sale
  • 20% — DAO Treasury
  • 15% — Early Backers
  • 15% — Private Sale — 5% — Marketing
  • 15% — Team
  • 10% — Liquidity
    Token Contract Address: 0x0e9776bef2b9ad81759e6d304d22d3c1b1f26087

#spumetoken #spumemarketplace #foxcampaigns #nft #nftart #nftcommunity #nfts #blockchain #crypto

CONCLUSION

NFT Marketplace transaction fees generated by Spume will be distributed to SPUME token holders. Spume’s decentralized marketplace allows users to decide when and how much they wish to trade their goods and services for one another. Transaction fees in this marketplace are split evenly among all parties involved. A culinary product like Spume aims to be liked by individuals from all walks of life. Creators, investors, and stakeholders make up the actors in this sector. SPUME was founded with the goal of reaching all corners of the present bitcoin market. The provided tools in this toolkit are available to anyone with a copy of Web 3.0. Advertisements on Discord, Telegram, and the SPUME website from NFT projects can have a significant impact on Spume’s earnings. To the Spume account, which is managed by members of our community.

Official contact information

Website: https://spume.io/
Whitepaper: https://spume.io/wp-content/uploads/2022/01/spume-white-paper.pdf
Twitter: https://twitter.com/spumeio
Discord: https://discord.com/invite/jjsZNB6rmT
Instagram: https://www.instagram.com/spume.io/
Telegram: https://www.t.me/spumeio
Tiktok: https://www.tiktok.com/@spume.io

Bitcointalk Username: Rovega
Bitcointalk User Profile: https://bitcointalk.org/index.php?action=profile;u=2878895
Telegram Username: @Gennadius77
ERC20 Address: 0x2deF7B0A6dd50F7fE8c8BCA9e2E3b1f27510c26E

#spumemarketplace #nft #nftart #nftcommunity #nfts #blockchain #crypto
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