Prom pricePROM

What is Prom (PROM)?

PROM, formerly known as Prometeus Labs, is a blockchain-based NFT marketplace that focuses on the gaming industry. Established in 2018, PROM rebranded in July 2022 to cater to the emerging blockchain NFT market. On its platform, PROM enables users to trade and rent gaming NFTs and uses the utility token $PROM.

PROM aims to be the go-to platform for players, metaverse enthusiasts, NFT owners, guilds, and games seeking access to the NFT/blockchain gaming space. As blockchain gaming continues to evolve, PROM has reportedly added features such as NFT rentals and land tokens symbolizing virtual property. Additionally, PROM offers virtual mortgage and rental solutions within its marketplace.

What makes Prom (PROM) Unique?

The PROM network distinguishes itself from other decentralized platforms by prioritizing secure data management and marketplace services. Its decentralized infrastructure enables users to securely store and share data while also providing a marketplace for the buying and selling of digital assets. PROM is specifically tailored to cater to the blockchain gaming industry and offers a range of services such as NFT leasing and virtual land token purchases. The platform aims to serve as a launchpad for games and empower blockchain gamers on their Play-2-Earn journey.

What is the PROM Token?

The PROM token is a versatile utility token that powers the PROM platform. It is advertised as being cost-effective and convenient, and it is also used in governance. One of the benefits of holding PROM is discounted fees for users who choose to pay with the token. Additionally, the marketplace allows users to purchase assets with PROM without the need for exchanging for a specific game's token. The PROM token is also used for paying for network services, including data storage and marketplace transactions. In the future, it will also have launchpad capabilities.

Conclusion

PROM has the potential to revolutionize the blockchain gaming and NFT space, ushering in a new era of gaming experiences and opportunities in the Play-2-Earn arena. Its adaptability and innovative approach make it a fascinating project to keep an eye on in the constantly evolving world of crypto and blockchain gaming.