Spume and its revenue generation model

in currency •  3 years ago 

(The current trend)

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Because of the increased demand, bitcoin has always been a hot topic of discussion in the digital market's history, and with good reason. Freedom is an important aspect of digital currency because it enables all individuals to reclaim their power from monopolistic corporations that control traditional industries through censorship-resistant transactions that are verified using blockchain technology, as demonstrated by the Bitcoin example. The SPUME initiative is helping to advance this agenda even further by offering holders of non-fungible tokens (NFTs) a marketplace where they may buy, sell, trade, and create non-fungible tokens on a variety of different blockchains.

(What is Spume?)

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Spume is a non-fungible token (NFT) marketplace in which holders of the SPUME
token partake in the income earned by the marketplace's transaction fees. Spume's mission is to reclaim power for holders, properly compensate community members, and provide an all-in-one platform for users to purchase, sell, trade, and generate non-fungible tokens across different blockchains. Spume will become the first genuinely decentralized and autonomous NFT community, marketplace, and currency by achieving these objectives.

(The revenue generation model)

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76 million transactions are processed daily by OpenSea based on the average volume handled by the company each day (2.3 billion / 30 days). We take 2.5 percent of the volume (76 million * 0.025) for the purpose of dispersing to our holders, which equates to a total of $1.9 million each day being transferred to our holders. As a result, a single SPUME token generates around $0.02 in profit on a daily basis (numbers derived from data collected in January 2022).

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As a consequence of your ownership of SPUME, it is conceivable that you may be eligible to earn a portion of the 2.5 percent sales commission produced by Spume Marketplace. The DAO is entitled to take 20% of the 2.5 percent sales fee, which it will use to fund its treasury instead of investing it, as it has said before. Token holders are entitled to a proportional part of the 2.5 percent sales fee, which is computed according to their proportionate share of the total number of SPUME
tokens currently in circulation. There will be no additional expenditures or charges incurred by the Team or the DAO.

(The evolvement of the blockchain platform)

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Because blockchain technology is still in its infancy, there is an overwhelming sense of uncertainty, ambiguity, and sheer difficulty around its current condition. This is natural, given the platform's fledgling nature. Consequently, the market has a more efficient method of purchasing, selling, and transferring nonferrous metals as a result of its widespread usage. Among the blockchain categories, the non-financial transaction (NFT) category has seen the most rapid expansion, accounting for more than half of all new transactions this year and expanding at the fastest pace.

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However, in order to do this, a system that is consistent with the narrative of a genuinely decentralized platform, one that rewards ALL stakeholders and encourages them to participate in the invention and development of new, constantly evolving ideas, is also required. Recent figures indicate that there is a significant amount of interest in and money being invested in non-financial technology firms and that this trend is not anticipated to reverse any time in the foreseeable future. With a well-thought-out and educated approach, it is possible to expect broad acceptance of NFTs by members of the general public, including those who are presently misinformed about or uninvolved with the bitcoin sector.

(Concluding terms)

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The NFT Marketplace will function in a way that is quite similar to that of the LooksRare marketplace when it first launches, and this will continue for the duration of its life. We, on the other hand, wish to provide a service that is equal to OpenSea in terms of both quality and number of experiences. For the most part, it means that we provide anybody with little or no expertise minting NFTs the opportunity to mint and sell their coins via our website without having to empty their bank accounts.

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

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Visite for More Information:

Website URL : https://spume.io//
Tеlеgrаm : https://t.me/spumeio
Twitter Page Link : https://twitter.com/spumeio
Instagram Page : https://www.instagram.com/spume.io

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Owner:

FORUM ACCOUNT NAME: TungayETH
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2111339;sa=summary
Telegram username: @MoneyCryptor520
ERC-20 Address: 0xB10b168f4B64ED3a0c36C169D01bd7408e5358B5

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