-Opening Words:

Each of the owners of Spume tokens is a shareholder in the Decentralized autonomous organization (DAO), and as such, each of them has the right to vote on proposals put up by other members. Every shareholder has one vote on every vote, and the value of their vote is increased by the number of Spume tokens they possess. Each shareholder can vote only once on any vote. The information in this section will be derived from screenshots of the SPUME token.

The 2.5 percent Marketplace charge may be thought of as a form of a dividend. Due to the fact that the DAO owns 20% of all SPUME tokens, they are entitled to a 20% Marketplace fee of 2.5 percent of all SPUME tokens. It is the DAO Treasury smart contract that receives the dividend payments, rather than an individual wallet, as is the case with most other dividend payments. This is the method through which members who engage in DAO will be compensated.

-How does the Spume token function:

A 2.5 percent sales fee is charged by the Spume Marketplace for any purchases made through their platform. All SPUME token holders receive a 2.5 percent cut of every sale, calculated based on the number of SPUME tokens they own. Neither the team nor the DAO will impose any extra fees on top of the 2.5 percent sales charge nor will they tax the 2.5 percent sales fee. Due to the fact that the DAO owns 20% of all tokens, they are entitled to 20% of the 2.5 percent sales charge imposed on each token.

They will finance their treasury with the dividends that they are entitled to receive. Beyond the transaction costs incurred by the Spume market, there is significant potential to make use of the Spume Audience that should not be overlooked. With the use of their website, Discord, and Telegram, Spume is able to generate additional revenue from a variety of non-fungible token initiatives, increasing their overall revenue. Moreover, every single dollar of earnings will be invested in Spume's community yield program.

-About Spume:

SPUME is a cryptocurrency that operates on the Ethereum BlockChain and has a ticker symbol. It was first introduced in 2013. Along with the Snapshot class, the token is an implementation of Open Zeppelin's ordinary ERC20 token with the Snapshot class added on top of it. SPUME is a platform on which a market for non-ferrous transitions can be found, and it was founded in 2012. Token holders are those who own the SPUME token and are eligible to receive a portion of the money earned by the marketplace's transaction fees. One of the goals of this project is to create a decentralized platform on which users may trade non-fungible tokens and create new ones from scratch. A completely decentralized and autonomous NFT community, marketplace, and token, Spume will be built on top of the Ethereum blockchain and will be based on the Ethereum blockchain.

-Final Words:

It is vital to investigate non-fungible tokens (NFTs) and their possible uses in the context of the wider token market in order to have a complete understanding of them. In light of the fact that non-fungible tokens (NFTs) are a relatively recent development in the blockchain arena, it is advantageous to examine them in the context of the larger cryptocurrency market. The goal of this article was to analyze how non-financial tokens (NFTs) may be used to enhance cryptocurrency exchange platforms, decentralized networks, and digital identity verification methods, among other things. Non-financial tokens (NFTs) are tokens that do not have a monetary value. As a starting point, we looked at three crucial areas that represent significant evolutionary developments in modern blockchain technology — all of which involve NFTs in some way or another. We will continue to discuss these three primary subjects in greater depth in the next sections.

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About Project:

Web link: https://spume.io//
TG Official Group : https://t.me/spumeio
Twitter Link: https://twitter.com/spumeio
Instagram Link: https://www.instagram.com/spume.io

Owner:

FORUM USER: ShiftLocker
Forum Account link: https://bitcointalk.org/index.php?action=profile;u=2110501
TG User: @coinages
Ethereum Wallet Address: 0x019Ea615570803aD763D11e65F0D9ff412A633e1