Introducing Spume Protocol

Published on: 01.08.2022

Introducing Spume Protocol an end-to-end transactional layer that facilitates payment infrastructure for physical and digital non-fungible token assets on the Ethereum blockchain.

The Spume Protocol will enable anyone to build branded and personalized NFT marketplaces. Complete with on-chain payment processors while being able to tokenize both physical and digital assets.

These can include but are not limited to digital or physical art and real estate, intellectual property and its licensing, patents, and luxury goods. This opens the Spume Protocol up to all specific industries and allows users to conduct tokenized asset finance efficiently and efficiently.

Furthermore, Spume sees a future where branding is scalable via distribution channel partners. Thus allowing brands/influencers/gaming ecosystems and other industries to implement end-to-end customized & branded non-fungible asset commerce.

CROSS-CHAIN COMPATIBILITY

The Spume Marketplace will launch on Ethereum. The second largest blockchain in the world by market cap, and the largest blockchain in the world by total value locked on the chain. Its smart contracts for our platform are written in Solidity and will be usable with any EVM-compatible blockchain.

This makes its goal of moving to other EVM-compatible blockchains such as Polygon (an Ethereum layer 2), and Moonbeam (a parachain on Polkadot) painless. Its cross-chain integrations will not happen until we have our full marketplace and DAO working on Ethereum.

Blockchains will be integrating Spume

Polygon
Moonbeam
The Binance Smart Chain

Cross Chain governance is not a topic that has been thoroughly explored or implemented therefore it may take some time before they feel they are ready to expand to other chains. Spume is working through various ideas and proposals on how best to handle voting on multiple different chains at once. What they can guarantee, is an accurate and even representation of all SPUME token holders regardless of what chain they own SPUME on.

Moreover, Spume will be the standard marketplace to tokenize and trade NFT artwork, real estate, the rights to digital property, and more. Most importantly, Spume will be completely community governed and controlled. By the end of 2022, its goal is to have a true democratic republic DAO. Deciding all future development plans for Spume.

SPUME PROTOCOL WILL BE LAUNCHING ON THE FOLLOWING LAUNCHPAD

Kommunitas
Everstart
Infinite Launch
Sphere
BSC Station

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.

Furthermore, adding the snapshot class allows them to take snapshots of the current holders of Spume at any moment. Snapshot information stores on the blockchain, and can be accessible by anyone. Snapshots can only be taken by accounts they authorize. It will be utilized later on for voting purposes with the Spume DAO. Potentially to pay out rewards with the NFT Marketplace. Anyone who holds SPUME is a shareholder of the DAO.