PROMProm (PROM) Price

1. Project introduction

Prom — a multifunctional gaming NFT marketplace & rental. Our aim is to create a unified access point to NFT gaming and metaverse industries. The main Prom’s features include renting, lending, mortgages, launchpad, and DEX for metaverse assets. Our ecosystem is sure to fit players, NFT owners, guilds, and games.

Prom's rental and mortgage solutions are collateral-free. Meaning, the borrower only pays the renting fee. Prom's rental and mortgage are based on GnosisSafe. Prom took the trustworthy solutions of GnosisSafe and adapted them to GameFi. Thus, Prom created Safe Vaults that 100% secure the assets.

Safe Vaults are smart contract wallets whose private keys are fully owned by borrowers. To put it simply: all the rented out assets are stored in Safe Vaults with limited functions that are controlled by smart contracts and predetermined conditions. While an asset is stored in the Safe Vault it could not be transferred to an external wallet, resold, exchanged, or burnt. After the rental period is over, an asset is transferred back to its original owner.

2. Team introduction

CEO: Arthur Suilin

Linkedin: https://www.linkedin.cn/incareer/in/arthur-suilin-304b8219

COO: Iva Wisher

3. Investment institution

NCG

4. Application

PROM is the native token of the project. The current use cases for PROM include:

(1) Governance: PROM holders can vote on the future development of the platform.

(2) Payments: PROM token is used as a payment method at NFT marketplace and rental.

(3) Commissions: PROM token is used to reduce fees for platform services.