Tokenomics Spume is handcrafted by industry and blockchain experts.

Februari 20, 2022

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. Adding the snapshot class allows us to take snapshots of the current holders of Spume at any moment. Snapshot information is stored on the blockchain, and can be accessed by anyone. Snapshots can only be taken by accounts we authorize, and will be utilized later on for voting purposes with the Spume DAO and potentially to pay out rewards with the NFT Marketplace. Anyone who holds SPUME is a shareholder of the DAO (more on this in later sections)

THE SPUME DAO

A decentralized autonomous organization allows a group of members to work together without explicitly trusting each other. Members are defined as those who work for the DAO. In our case, Spume will have a number of members working together to expand and improve the NFT Marketplace. It should be noted that shareholders and members do not have to be disjoint. This system will be governed by a smart contract (potentially multiple in the future), such that the direction the Spume members build in is governed by the shareholders.

THE SPUME DAO

Members & Shareholders:

There are two types of individuals within the DAO: members and shareholders. Members are people who work for the DAO, getting paid from the DAO Treasury, which is funded by the DAO’s Dividends. Shareholders are people who do not work for the DAO but hold any number of Spume. It should be noted that individuals can be both members and shareholders of the DAO.

SPUME TOKENOMICS

Spume's tokenomics were hand crafted by industry and blockchain experts. Our tokenomics are based around our key objectives as a project and with our community as the main focus. Token utility, price stability, and community security are the core ingredients that crafted Spume's tokenomics. There are a total of 100,000,000.00 (100 Million) Spume Tokens. This number allows our market cap to be interpreted easily and achieved more understandably. Having the supply of Spume tokens be relatively low will help the community's holders value their anticipated profit sharing and yields in a more relatable way. Also, having our token supply lower than normal will allow us to have more trading pairs when our token is listed on exchanges. This is especially important when a token is being paired against high priced coins, because many exchanges only allow tokens to have a certain amount of decimal points for its price.

The Spume token supply is distributed as follows:

- 20% - Public Sale

- 20% - DAO Treasury

- 15% - Early Backers

- 15% - Private Sale

- 5% - Marketing

- 15% - Team

- 10% - Liquidity

Shareholder ’ s Ownership and Voting:

Everyone who owns Spume tokens is a shareholder of the DAO, and therefore is entitled to vote on proposals made by members. Every shareholder can vote once on any vote, and the value of their vote is weighted by the number of Spume tokens they own. This data will be taken from snapshots of the SPUME token.

Treasury and Dividends:

Just as shareholders are paid out dividends from the 2.5% Marketplace fee, the DAO is paid out dividends. Because the DAO holds 20% of all SPUME tokens, they are entitled to 20% of the Marketplace’s 2.5% fee. Instead of being paid out to an individual wallet, these dividends are paid out to the DAO Treasury smart contract, which in turn will payout dividends to the individual members of the DAO. This is how the members who participate in the DAO will be paid.

ROADMAP

P R O T O C O L 1 . 0

· Branding

· Angel round

· Publications

P R O T C O L 2 . 0

· Private sale

· Initial marketing push

· Coin market cap & coin gecko

P R O T O C O L 3 . 0

· Launchpad

· Dex listing

· Exchange listing

P R O T O C O L 4 . 0

· NFT marketplace launch

· On-boarding hottest NFT drops

· Brand Ambassador Program

· Strategic Partnerships

P R O T O C O L 5 . 0

· NFT marketplace upgrades

· DAO implementation

· Community events

Each protocol in our roadmap represents a different unique phase in Spume ' s development. While each major event is only placed in one category, the underlying work supporting these items can span many phases. This roadmap outlines our current growth plan for Spume, but as events come up, we may alter and change the roadmap and order of the individual items.

THE TEAM

Each experts in their field, the core Spume team is dedicated to realizing a decentralized autonomously owned NFT Marketplace where holders have the power.