SPUME: Easily Mint and Create New NFT Collections

Jhoncheng
4 min readFeb 23, 2022

As investors in the cryptocurrency market, we know how volatile and risky the market can be. This means a lot of research is necessary to understand many concepts and technologies that are used in the digital currency market.

With so many platforms for different blockchain assets to use, it can be hard to find the information that you need. This makes Spume’s unique project more exciting than ever. Through blockchain technology, this platform offers something completely new and important, a self-sustaining market that is community-owned and built entirely to benefit its users.

About SPUME

Spume is owned and operated by the people who use it. Unlike other NFT marketplaces, SPUME token holders are directly contributing to the project’s growth and success by simply owning the tokens. SPUME transaction fees are split among the holders of SPUME. You can help Spume build a decentralized and autonomous NFT community, marketplace, and token by putting your trust in them.

Spume believes that NFT will be used by individuals over the world, even if they don’t have any knowledge or experience with cryptocurrencies. As a result of this major shift in the market, NFTs are now easier to acquire, sell, and transfer. Everybody who contributes to a fully decentralized platform, which compensates everyone who works on it and lets everyone participate in the formulation and creation of new, ever-changing ideas, must have an easy-to-understand structure.

On a system developed by users and made for users rather than businesses, the same thing may happen with blockchain: a place where people can keep exchanging goods or services in cryptocurrency. If you want to change anything, you should be able to get input from the people who use it. Spume is creating a decentralized market place where people may trade goods, transaction costs are distributed fairly, and users have control over when and how things change.

People from all walks of life are encouraged to try Spume, which aims to appeal to a wide demographic base. There are three primary groups in this market: creators, investors, and other users. Originally, SPUME was designed to cover all aspects of the cryptocurrency industry as we know it today. Every Web 3.0 user who has this toolkit installed will have access to a specific application.

Advantages of the SPUME Partnership

There is a 2.5% selling fee that Spume Markets charges. You can get some of that money. Those who own a certain amount of SPUME tokens each pay a 2.5% fee when their tokens are sold. The team and the DAO will not charge any extra fees, except for the 2.5% sales tax on the 2.5% sales fee. They own 20% of all tokens. So, the DAO is entitled to 20% of the selling fee, and they’ll be able to pay for their treasury as well with the dividends they get, too. Afterward, there will be a lot of ways to take advantage of the Spume Audience. Spume can make a lot of money from NFT projects that pay for ads on Discord, Telegram, and the SPUME website. These projects pay for ads on these sites. All of the money from these sales will go to the Spume fund that was set up by the people in the area.

Tokenomics

During this time, Spume is focusing on building its platform and selling directly to customers. However, Spume will emphasize the fact that just 15% of the total tokens will be sold in the private sale. The VCs will not be able to regulate the supply of spuds. Tokenomics was developed by a group of specialists. Spume’s Tokenomics is a project and a community built on these goals and ideals. Token usefulness, price stability, and community security form the basis of Spume’s tokenomics. At the moment, there are 100,000,000 Spume Tokens in circulation. This fact makes it easier to understand market capitalization. The restricted number of Spume tokens will help the community value their predicted profit sharing and returns. Trading pairings for SPUME tokens can be generated more easily on exchanges because of a smaller quantity of tokens. Because many exchanges only accept a certain amount of decimal points, this is significant when a token is linked to a high-value coin.

Conclusion

Market transaction fees on Spume’s NFT Marketplace are split among SPUME token holders. For their work, all users on SPUME get a fair return on investment in Spume’s decentralized market. With their wallet, consumers may influence how quickly and in what form reforms are implemented. Spume aims to appeal to people of all ages and socioeconomic backgrounds. There are many different types of people who could be involved in this industry, including stakeholders, investors, and creators. SPUME has set its sights on every segment of the current cryptocurrency economy. Anyone who has Web 3.0 installed can utilize the given utilities. NFT projects that buy advertising on Discord, Telegram, and SPUME can have a major impact on Spume’s revenue.

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