What is Spume Protocol (SPUME)

Spume Protocol or SPUME (SPUME/USDT – trade it here) is the first fully decentralized, community-owned NFT marketplace. It runs on Ethereum, Polkadot, and the Binance Smart Chain. Basic information for the SPUME token is available on the MEXC Digital asset introduction page.

How to buy SPUME
What is Spume Protocol (SPUME)

How Does it Work

The Spume Protocol is an end-to-end transactional layer on the Ethereum blockchain. It supports payment infrastructure for both physical and digital NFT assets. Furthermore, the protocol allows users to create their own NFT store. The stores will be paired with on-chain payment processors while tokenizing both real-world and digital assets. Doing so can expand the protocol’s application to different industries. It will also enable users to execute tokenized asset financing easily.

SPUME is also an NFT marketplace. It facilitates non-fungible tokenization of both physical and digital assets. They aim to eliminate all intermediaries throughout the transaction of digital and physical products. This means that brokers, banks, and other centralized authorities will not unjustifiably tax users. Their marketplace will trade a variety of tokenizable artwork and real estate. Then, SPUME token holders will receive a share of the profits.

SPUME token is an ERC-20 token. It is the governance and utility token for the protocol. They have one unique aspect of the token. They incorporated snapshot class. The snapshot class allows them to take photos of the current SPUME holders at any time. Snapshot data is then kept on the blockchain and is accessible to everybody. Only certain permitted accounts can take snapshots and use it for voting reasons. Soon, they might roll out rewards with the NFT Marketplace.

Recent Price & Performance of Spume Protocol (SPUME)

Currently, the market price for SPUME is $0.03542 per unit. They have a market cap of $347,117 and a fully diluted market cap of $3,532,804. There is a circulating supply of 9,825,544.14 SPUME. You can check the live price of PERP Token right here!

How to buy Spume Protocol (SPUME)

You can buy Spume Protocol (SPUME) on MEXC by following the steps:

  1. Log in to your MEXC account and click [Trade]. Click on [Spot].
  2. Search “SPUME” using the search bar to see the available trading pairs. Take SPUME/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of SPUME you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market order as an example. Click [Buy SPUME] to confirm your order. You will find the purchased SPUME in your Spot Wallet.

You can find a detailed guide on how to buy SPUME tokens here.

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