### What is Prometeus (PROM)?

Prometeus (PROM) is a cryptocurrency powering a decentralised NFT marketplace tailored for blockchain gaming and the metaverse. It provides a unified platform for trading, renting, and financing gaming NFTs, aiming to meet the needs of players, NFT owners, guilds, and game developers.

### How does Prometeus (PROM) work?

PROM operates on a blockchain using a **Proof-of-Stake (PoS)** consensus mechanism and employs smart contracts to ensure secure asset management. Key functionalities include:  
- **Decentralised NFT Marketplace**: Facilitates trading of gaming and metaverse assets.  
- **Safe Vaults**: Smart contract-based wallets that securely hold rented assets.  
- **Innovative Financing**: Offers options like uncollateralized NFT rentals, virtual mortgages, and monthly instalment payments for NFT purchases.  

This ecosystem aims to lower entry barriers for blockchain gaming and make NFT assets more accessible.

### What are the potential use cases for Prometeus (PROM)?

PROM has several real-world applications across gaming, NFTs, and the metaverse, including:  
- **NFT Trading & Rentals**: Enabling users to trade or rent gaming NFTs securely.  
- **Virtual Property Management**: Purchasing and renting virtual lands in metaverse environments.  
- **Platform Governance**: Participating in platform decisions via governance tokens.  
- **Discounted Platform Fees**: Accessing lower fees for services within the ecosystem.  
- **Launchpad Support**: Funding and promoting promising blockchain gaming projects.  

PROM serves industries like blockchain gaming, NFT marketplaces, metaverse development, and decentralised finance (DeFi) in gaming.

### What is the history of Prometeus (PROM)?

Prometeus was founded in 2019 by **Iva Wisher** and **Vladislav Semjonov** under the name Prometeus Labs. The project shifted focus to blockchain gaming and NFTs with a rebrand to PROM in July 2022. Notable milestones include:  
- **2019**: Founded as Prometeus Labs.  
- **July 2022**: Rebranded to PROM, focusing on the NFT gaming sector.  
- **Market Growth**: Achieved a market cap exceeding $107 million.  
- **Exchange Listings**: Listed on major platforms, including Binance.  

### Evolution of Prometeus (PROM)

PROM has transitioned from a general-purpose blockchain project to a specialised platform for gaming NFTs and metaverse assets. It introduced features like uncollateralized NFT rentals and virtual mortgages, with plans to expand further into decentralised exchanges and game project launchpads.

### Notable Features and Updates

- **Rebranding**: Shifted focus to the NF


Prometeus

The Graph

Covalent X Token

PARSIQ

Streamr

Measurable Data

Streamr XDATA

Aleph im

Swash

Quadrant Protocol

VIDT Datalink

Ocean Protocol

Prometeus (PROM)

Similar Coins

GRT

CXT

PRQ

DATA

MDT

XDATA

ALEPH

SWASH

EQUAD

VIDT

OCEAN

Resources

Prometeus (PROM) Price Index

Prometeus Price

Trading volume

Market cap

Resources