SPUME.IO

kevinvaonav (57)in zzan • 2 years ago

Spume is a holder of the Non-Fungible Token (NFT) Marketplace, where those who hold the SPUME token share the revenue generated from market transaction fees. Spume's goal is to return power back to its holders, reward community members fairly, and create an all-encompassing platform for users to buy, sell, trade, and create non-exchangeable tokens across multiple blockchains. Through achieving this goal, Spume will become the first truly decentralized and autonomous NFT community, marketplace and token.

With modern blockchain technology developing every day, we often Overwhelmed by the congestion, confusion, and complexity of it all. However, one area of the blockchain market that has gained more fame than ever in the past year is the realm of NFT. The recent influx of capital and attention into the NFT market is not temporary, nor is it headed for a downturn. From an educated and strategic analytical view, we anticipate global adoption of NFT by the mainstream population including those who: currently lack knowledge of or involvement in the cryptocurrency industry. This broad adaptation provides the marketplace with a better way to buy, sell and transfer NFTs. Not only an intuitive system is needed to achieve this, but a system that fits the narrative of a truly decentralized platform, which rewards ALL stakeholders, and allows them to be involved in the formation and creation of new, ever-changing ideas.

NFT OWNERSHIP PRICE

As can be seen from the figures above, the NFT market has been very explosive over the past year. NFTs are starting to become a common asset not only among citizens in the United States, but around the world. Celebrities, artists, politicians, and investment companies have all started collecting NFTs for various reasons.

MARKET ANALYSIS

With many active trading platforms charging fees of up to 7%, and an average of 3% we can safely assume that there will be around $1.2 billion in transaction fees alone in 2021, which comes from about $40 billion in NFT revenue. This fee on some occasions goes to gas, but in most cases it is pocketed by the platform. There is currently a huge gap in the market for a truly decentralized NFT market that will function sufficiently to meet the needs and values of Web 3.0. A system that can redistribute these transaction fees to a community of token holders will not only provide proper ledger maintenance, but also communal morale for artists, traders, and investors.

ETHEREUM MARKET

Not only have NFT room
Experienced massive growth over the last two years, the use and cost of Etheruem and native ETH tokens have followed suit. The annual percentage increase in coin fees compared here with bitcoin, shows a clear correlation between NFT/ETH usage, starting in 2020. In addition, the ETH market showed stronger growth than BTC during that period.

MARKET TARGET

With so many components in this system, we intend to appeal to a broad consumer base made up of various demographics. This market can be broken down into three main categories – creators, investors and stakeholders. This is an overview which is described in detail below.

🔸CREATOR
This includes but is not limited to: Artists, celebrities, content creators, politicians, athletes, certification companies and banking systems. In this grouping we include the people and entities that will be involved in the creation of NFTs, which can and will come in the form of multiple media.

🔸INVESTOR
Again, including but not limited to: Art collectors, NFT traders, asset consumers, cryptocurrency investors, corporations, investment firms and banking systems. These are the people and entities that will benefit from NFT transactions on our platform, whether buying from creators or buying and selling on the secondary market.

🔸STAKEHOLDERS Our third class is token holders. These are individuals who see the benefits of holding an investment in an exchange system and choose to support the idea financially. Decisions on major updates to the market and additional utilities will be voted on by SPUME token holders. In conclusion, the way SPUME was structured aims to target every corner of the cryptocurrency space as we know it today. There is a utility available to every Web 3.0 user that includes the apparatus.