Endpoet
3 min readFeb 16, 2022

Spume Non-Fungible Token (NFT) Marketplace

NFT has become the new talk of the town with the rate at which young potentials are maximizing the opportunity to build their empire in the blockchain space. NFT is now a hot cake in the technology world and blockchain space and many are trouping into it, making it extremely easy for many people to benefit from the platform.

The integration of capital and people into the NFT world is increasing. This leads to global recognition and the masses to use non-fungible tokens, including those who have no knowledge of cryptocurrency. It has led to the existence of several NFT markets, with better purchase methods, auctions, and NFT transfer.

This results in the evolution of a marketplace built on blockchain, where goods are exchanged with digital coins—an arena where stakeholders hold power and the ability to take some authoritative decision to enhance transactions. Hence, SPUME came into the show.

SPUME: A Decentralized NFT Marketplace.

Spume is a blockchain-based NFT market that has made many activities, such as the purchase and sales of non-fungible tokens, easier, and the cost of transactions is shared among token holders. It provides absolute power so that the user decides the content that should be changed. It is a holder-owned market, where stakeholders holding spume tokens generate income from all transactions.

Spume provides a medium where users can sell their NFT. This can be made easier by advertising their NFT tokens after which interested buyers will connect with the seller to know the price of the NFT being displayed. They will both agree on a price that best appeals to them. This makes the use of spume beneficial to all.

Spume is an NFT marketplace based on Ethereum blockchain implemented on zeppelin's standard ERC-20 token. It is a marketplace that gives token holders the advantage of benefiting immensely from the platform and facilitating transactions. The objective of spume is to design and build a decentralized platform where trading of NFTs can take place.

Tokenomics

Spume is a network-based crypto project that is built on the blockchain space and has a fixed supply. The platform is built such that the token holders gain from each transaction after the platform has deducted their fee. The spume is scheduled well and they plan to make the number of tokens remain steady without any increment. A spume token has an 18 decimal value and is also a utility token.

Spume DAO

DAO is an acronym for Decentralized Autonomous Organization. It connotes several people who work for a common goal but do not trust themselves. Spume is made up of several people working together toward the growth and expansion of the NFT marketplace where the stakeholders and members have different roles. The platform is emerging with great speed and is governed by stakeholders.

Conclusion

The rise in the number of people venturing into the technology world has led to an increase in the use of NFT. There are many NFT marketplaces to explore the use of NFT, among which is spume. It is built on the Ethereum blockchain and has several features which enable the token holders to benefit immensely from the platform.

PROJECTS INFORMATION

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

AUTHORS DETAILS

Bitcointalk Username: Endpoet
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2767513