What is Spume

in blockchain •  3 years ago  (edited)

Introduction-

Modern blockchain technology is changing on a daily basis, and we are frequently overwhelmed by the amount of congestion, confusion, and complexity that it all involves. NFT, on the other hand, is a sector of the blockchain industry that has attracted more attention than ever in the previous year, thanks to the rise of cryptocurrency. Although this current flood of cash and attention into the NFT markets is transient, it does not signal the beginning of a downward trend.

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From a well-informed and strategically analytical perspective, we predict the widespread adoption of NFTs by the general public, including those who are currently unaware of or uninterested in the cryptocurrency business. This widespread use offers the market a more efficient means of purchasing, selling, and transferring NFTs. Not only is an intuitive system required to do this, but also a system that is consistent with the narrative of a genuinely decentralized platform, one that rewards ALL stakeholders and allows them to participate in the construction and invention of new, ever-changing ideas is necessary.

About the industry Spume is targeting-

Allow us to go back to the beginning in order to put the significance of this technology and the accompanying benefit into proper perspective. People have been conducting business from the dawn of time, exchanging goods and services in exchange for something else, whether it is through barter or money exchange. Transactions have developed in tandem with technological advancement, with the majority of transactions now taking place on the internet. This market has been dominated by massive, monopolized firms for many decades now.

People can post an item or service on these platforms in return for a currency, and the site will pay the seller. All of these firms are now publicly listed, payout minimal dividends, and strive to give nominal profits to shareholders through the sale of their shares. The problem with monopolies is that the absence of competition only serves to increase the lack of incentive for them to make changes that benefit their customer base.

About Spume-

In the blockchain, it is feasible for individuals to continue to exchange products and services for bitcoin since there is a space where they may do so on a system that was developed by users, for users, and that is an embodiment of the same concept as bitcoin in general. In a place where stakeholders have a voice in the direction of the company and the power to make changes when they believe it is necessary. A decentralized marketplace in which transactions may take place, transaction fees are distributed equally and equitably among stakeholders, and in which the user community has complete control over the timing and manner in which updates are made is what we are creating.

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SPUME is a cryptocurrency that runs on the Ethereum BlockChain and has the ticker symbol SPUME. Implementation of Open Zeppelin's basic ERC20 token, with the inclusion of their Snapshot class, the token is called "Open Zeppelin Token." SPUME is a platform on which there is a market for non-ferrous transitions. Those who possess the SPUME token and participate in the money generated by the marketplace's transaction fees are referred to as token holders. This project's purpose is to build a decentralized platform where users may exchange non-fungible tokens and generate new ones from scratch. Spume will be the first totally decentralized and autonomous NFT community, marketplace, and token, and it will be based on the Ethereum blockchain.

Conclusion-

DAO is an abbreviation for the decentralized autonomous organization. A group of individuals can operate together even if they do not have complete trust in one another. Members are those who are employed by the DAO. Specifically, Spume will have a lot of people working together to expand and improve the NFT Marketplace in this instance. It has been pointed out that members and stockholders might genuinely have different personalities. This system will be managed by a smart contract (with the option for many contracts in the future), and the direction in which the Spume members create will be determined by the investors.

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More Info:

Wеbѕіtе : https://spume.io//
Tеlеgrаm Offісіаl Grоuр : https://t.me/spumeio
Twitter: https://twitter.com/spumeio
Instagram: https://www.instagram.com/spume.io

Owner Information:

Forum Username: Rangerman
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2312163;sa=summary
Telegram Username: @Rangerman23
ERC20 wallet address: 0xDFBC2D5A13A1E3Cd6527ae3E358A6Ec26bEeEbA6

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