SPUME: MAKING SHAREHOLDERS IN NFT MARKETPLACE

The introduction of blockchain technology few years ago has affected every area of human endeavor, the impact can be seen in Politics, Medicine, Finance, and many more. Many have made huge profits using this advanced technology and institutions uses the technology to enhance their operations. The outbreak of Corona virus (Covid-19) transformed the world from a dependance of physical interactions to a digital interaction and these have increased the widespread adoption of digital transactions. Based on the successes recorded and the need for improvement of blockchain technology, lots of platforms are currently springing up to with further advanced usage of blockchain technology and one of such platforms is SPUME PLATFORM. It’s a World first Non-Fungible Token (NFT) marketplace platform where you may buy, sell, trade, and even produce NFT over numerous blockchain transactions, which is restoring control back to the holders and further reward Spume token holders. So, we are to talk about the why and benefits of Spume platform.

SPUME
Spume is a decentralized and transparent platform where all stakeholders are rewarded and allowed to participate in the innovation and construction of the new and ever-changing ideas. DAO empowers collective people to work together without knowing and trusting each other. A member of the system is someone who is employed by the DAO. As a marketplace, Spume members will ensure to work collectively for the enhancement of the NFT marketplace. Spume smart contract system ensures that the members are building system in the right direction. For Non-Fungible Tokens, SPUME will be the revolution that will enhance the widespread adoption of NFT in the marketplace. This may require an instinctive system, especially a system that fits the narrative of a fully decentralized and transparent platform that rewards all stakeholders and give them the privilege to participate in the invention and construction of new ever-changing ideas.

CATEGORIES OF DAO
• SHARHOLDERS: These are investors or Spume token holders in the Spume platform but do not work for the DAO. Though, an individual can be both member and shareholder of the DAO.
• MEMBERS: These are people that works for the DAO and get paid for their work through the DAO treasury which is established by DAO’s dividends.

HOW THE TREASURY AND DIVIDENDS WORK
DAO Treasury, like the name treasury, it’s a Spume system that receives all dividends and distribute them among the DAO members, and that’s how members of the DAO receive their payment. While DAO dividends are given to the members as it is given to the shareholders, from the 2.5 percent of the marketplace fees. This means that DAO owns 20% of the Spume token.

SPUME TOKEN
Spume token is an execution of open Zeppelin’s standard of Ethereum network with ERC-20 format. The Ethereum blockchain enables Spume marketplace network to be transparent, decentralized, secured and scalable which means transactions will be faster, and there will be no need for intermediary. Spume token are based on their usefulness, price stability and the community security. Each holder of Spume token is eligible to receive a share of the 2.5% sales fee the Spume Marketplace charges. The 2.5% sales fee is distributed evenly to all Spume holders based on the percent of SPUME tokens held. There is 100million Spume token available in circulation and each has value of 0.001 spume. The distribution of spume token takes supply as follows:

NFT REVENUE 2020 -2021

THE PROTOCOL DEVELOPMENT ROADMAP

THE TEAM

CONCLUSION
To provide the fiat banking system with useful collateral for NFTs, Spume will make full use of modern blockchain technology and implement a real valuation mechanism. Especially by collaborating with art and data appraisers, and ability to employ many chains and bridges. The Spume platform aims is reaching as many people as possible around the world. Categorizing the market into the three basic segments which are The Creators, The Inventors and The Shareholders will help Spume reach their target market. So, the demand for Spume market place will grow exponentially especially with control of the marketplace in your hand the spume token holders. Decide today to participate in the world NFT marketplace. You are a product of your decisions, so make the right one. Thank you.

To learn more about Spume, visit the following.

Website: https://spume.io/
Telegram group: https://t.me/spumeio
Twitter: https://twitter.com/spumeio
Instagram: https://www.instagram.com/spume.io
Discord: https://discord.gg/jjsZNB6rmT

Author: obarekwe
Bitcointalk Link: https://bitcointalk.org/index.php?action=profile;u=3437642