Spume Token Aims as a main focused project (Token utility, price stability and community security)

 

 

SPUME TOKEN

The spume token (ticker: SPUME) is an ERC20 token with a total supply of 100 million and 18 decimal places. The token is an implementation of Open Zeppelin's standard ERC20 token, with the addition of their Snapshot class. Adding the snapshot class allows us to take snapshots of the current holders of Spume at any moment. Snapshot information is stored on the blockchain, and can be accessed by anyone. Snapshots can only be taken by accounts we authorize, and will be utilized later on for voting purposes with the Spume DAO and potentially to pay out rewards with the NFT Marketplace. Anyone who holds SPUME is a shareholder of the DAO (more on this in later sections)

 

THE SPUME DAO

 

A decentralized autonomous organization allows a group of members to work together without explicitly trusting each other. Members are defined as those who work for the DAO. In our case, Spume will have a number of members working together to expand and improve the NFT Marketplace. It should be noted that shareholders and members do not have to be disjoint. This system will be governed by a smart contract (potentially multiple in the future), such that the direction the Spume members build in is governed by the shareholders.

SPUME TOKENOMICS

Spume's tokenomics were hand crafted by industry and blockchain experts. Our tokenomics are based around our key objectives as a project and with our community as the main focus. Token utility, price stability, and community security are the core ingredients that crafted Spume's tokenomics. There are a total of 100,000,000.00 (100 Million) Spume Tokens. This number allows our market cap to be interpreted easily and achieved more understandably. Having the supply of Spume tokens be relatively low will help the community's holders value their anticipated profit sharing and yields in a more relatable way. Also, having our token supply lower than normal will allow us to have more trading pairs when our token is listed on exchanges. This is especially important when a token is being paired against high priced coins, because many exchanges only allow tokens to have a certain amount of decimal points for its price.

The Spume token supply is distributed as follows:

-         20% - Public Sale

-         20% - DAO Treasury

-         15% - Early Backers

-         15% - Private Sale

-         5% - Marketing

-         15% - Team

-         10% - Liquidity

TARGET MARKETS

With the large amount of components in this system, we intend to appeal to a vast consumer base comprised of various demographics. These markets can be broken down into three main categories- creators, investors, and stakeholders. This is a broad overview that is explained in detail below. Creators- This includes but is not limited to: Artists, celebrities, content creators, politicians, athletes, titling companies and banking systems. In this grouping we include the people and entities that will be involved in the creation of NFT's, which can and will come in the form of many mediums. Investors- Again, included 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 the NFT transactions on our platform, whether buying from creators or buying and selling on a secondary market. Stakeholders- Our third class is that of token holders. This is an individual who sees the benefit of holding an investment in the exchange system and chooses to financially support the idea. Decisions on large updates to the marketplace and additional utilities will be voted on by SPUME token holders. In conclusion, the way that SPUME is structured aims to target every corner of the cryptocurrency space as we know it today. There is utility available to every user of Web 3.0 built into this apparatus.

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COMPANY INFORMATION

Website: spume.io

Email: team@spume.io

Phone: (707) 881-9021

Twitter: www.twitter.com/spumeio

Discord: www.discord.gg/drsUncjXJr

Instagram: www.instagram.com/spume.io/

Telegram: www.t.me/spumeio

Tiktok: www.tiktok.com/@spume.io

Token Contract Address: 0x0e9776bef2b9ad81759e6d304d22d3c1b1f26087

BTT Username: gahding

Wallet: 0x9C41A73915F7dE819e2D0D5A0c913136DD31c4B2