Spume Protocol

The Spume Protocol is 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/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. 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.

The SPUME utility token powers the Spume ecosystem in the following ways:

Revenue Sharing: Holders of the $SPUME Token will have all marketplace revenue in the form of 0-5% of transaction fees be distributed to them prorated to how many tokens they hold.

Staking: Users that stake SPUME will have a chance to earn additional tokens via the given APY while also becoming eligible to vote on platform features through the Spume voting portal

Ecosystem-Wide Fee Discount: Fees paid with SPUME across any partner platform including the Spume Marketplace, will be eligible for a discount based on the amount of tokens held within a user wallet

Spume DAO: SPUME will power the Spume DAO which will be the governing body that will facilitate all Spume Protocol, Marketplace and all Partner Platform development/ operation beyond 2022

External Vendor Incentives: Fees and/or subscriptions paid by NFT projects, advertising partners, brands using the drag and drop NFT storefront creator in SPUME will be eligible for price discounts along with getting exclusive access to Spume Analytics

Spume’s marketplace functions and utilities include:

NFT Marketplace Aggregator: The Spume Marketplace is powered by the Spume Protocol. It is a marketplace aggregator that collectively aggregates all tokenized asset and branded NFT marketplaces built using the Protocol itself (3rd party integrations).

Multi-Asset NFT Trading: The Spume Marketplace can trade any type of tokenized asset on the platform; both natively and via 3rd party integrations. Initially, the marketplace will support digital collectibles/art trading natively.

Multi-Chain Compatible and Cross Chain Enabled: The Spume Marketplace will provide support for all EVM enabled blockchains - beginning with Ethereum including cross chain NFT trading.

Instantaneous Royalties: All payments are done in an instantaneous manner upon the sale and/or use of the respective NFT. Royalties where the applicable are paid in the native currency specified by the owner.

Community Governed and Owned: The native marketplace is owned by the community, based on the distribution of the Spume utility token. Balanced governance will allow holders to both vote and put forth proposals to be voted by the community in a fair and equitable manner.

Proprietary Asset Valuation System: A true valuation system that combines fiat banking with meaningful tools to collateralize NFT's. This is accomplished by working with art, data and brand value appraisers(IP rights) to create a seamless valuation process.