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The Spume Protocol is an end-to-end transaction layer that facilitates the payment infrastructure for physical and digital non-fungible token assets on the Ethereum blockchain. The Spume protocol will enable anyone to build a branded and personalized NFT marketplace with an on-chain payment processor, while being able to tokenize physical and digital assets. These can include, but are not limited to: digital/physical art and real estate, intellectual property and its licensing, patents and luxury goods. This opens up the Spume protocol to all specific industries and allows users to fundraise tokenized assets efficiently. In Spume's view, in the future, brands can expand through distribution channel partners, allowing brands/influencers/game ecosystems and other industries to achieve end-to-end customization and brand irreplaceable asset commerce.
The SPUME utility token powers the Spume ecosystem by:
Revenue Sharing: Holders of $SPUME tokens will receive all market revenue and 0-5% of transaction fees are distributed among them proportionally to the number of tokens they hold.
Staking: Users who stake SPUME will have the opportunity to earn additional tokens with a given APY, while also being eligible to vote on platform features through the Spume voting portal.
Ecosystem Fee Discounts: Fees paid with SPUME on any partner platform, including Spume Marketplace, will be eligible for a discount based on the number of tokens held in the user's wallet.
Spume DAO: SPUME will power the Spume DAO, which will be the governing body facilitating the development/operation of all Spume protocols, marketplaces and all partner platforms beyond 2022.
External Vendor Incentives: NFT projects, advertising partners, brands paying fees and/or subscriptions using drag-and-drop NFT storefront creators in SPUME will be eligible for price discounts as well as exclusive access to Spume Analytics.