Buy Prometeus (PROM)
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
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Frequently Asked Questions (FAQs)
What is the current price of Prometeus (PROM)?
The Prometeus price is $9.5892 AUD, representing a -2.78% from the day prior.
Where is the best place to buy Prometeus (PROM) in Australia?
The best place to buy Prometeus (PROM) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Prometeus (PROM) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Prometeus (PROM)?
The trading volume of Prometeus (PROM) is $5.4M AUD in the last 24hrs, representing a -2.78% from the day prior.
How can I buy Prometeus (PROM)?
Prometeus (PROM) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Prometeus (PROM)?
The current market cap of Prometeus (PROM) is $173.3M AUD.
Can I convert Prometeus (PROM) to cash?
Yes - With Coinstash you can convert your Prometeus (PROM) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Prometeus (PROM) are there?
The current circulating supply of Prometeus (PROM) is 18.3M.
Is Coinstash a safe place to buy Prometeus (PROM) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Prometeus (PROM) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.