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What is Prom (PROM)?

Prom basic info

Name:Prom

Ticker:

PROMBuy now

Introduction:

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.

Current price:

$5.73More price details

All-time high:$106.12

All-time low:$0.1005

PROM supply and tokenomics

Circulating supply:18,250,000 PROM

Total supply:19,250,000 PROM

Max supply:0 PROM

Market cap:$104.51M

Fully diluted market cap:$110.24M

Links

Website:https://prom.io/

Whitepaper:https://prom.io/whitepaper.pdf

X:https://twitter.com/prom_io

GitHub:https://github.com/prom-io

Buy Prom for $1Buy PROM now

What is the development prospect and future value of PROM?

The market value of PROM currently stands at $104.51M, and its market ranking is #439. The value of PROM is not widely recognized by the market. When the bull market comes, the market value of PROM may have great growth potential.

As a new type of currency with innovative technology and unique use cases, PROM has broad market potential and significant room for development. The distinctiveness and appeal of PROM may attract the interest of specific groups, thereby driving up its market value.

What will the price of PROM be in 2025?

Based on PROM's historical price performance prediction model, the price of PROM is projected to reach $6.25 in 2025.

What will the price of PROM be in 2030?

In 2030, the PROM price is expected to change by -16.00%. By the end of 2030, the PROM price is projected to reach $5.95, with a cumulative ROI of +8.31%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of PROM and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

PROM price PROM price prediction PROM news

Is PROM worth investing or holding? How to buy PROM from a crypto exchange?

If you want to buy PROM, the following information may be helpful for your investment decisions:

In the last 7 days, the price of PROM has fallen by -14.76%, leading to negative returns for most PROM investors. The market is currently pessimistic about the price trend of PROM.

It is important to note that the current price of PROM has retreated by -94.60% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether PROM is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in PROM or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of PROM, if you want to buy or sell PROM, you can consider Bitget for your trading needs. The best place to buy PROM is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in Prom has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Prom. Here's a step-by-step guide on how to buy Prom on Bitget.

Buy PROM now Coin buying guide

How to get Prom through other methods？

Using cash to buy Prom is not the only way to obtain Prom. If you have the time to spare, you can get Prom for free.

Learn how to earn Prom for free through the Learn2Earn promotion.

Earn free Prom by inviting friends to join Bitget's Assist2Earn promotion.

Receive free Prom airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to Prom through Bitget Convert, Bitget Swap, or spot trading.

What is Prom used for and how to use Prom?

The use case of Prom may expand as the crypto market and the project itself develop. Currently, you can use PROM to achieve the following goals:

Arbitrage by trading PROM: Since PROM is a frequently traded cryptocurrency, the price of PROM is always fluctuating. Earn more PROM by buying low and selling high on the exchange. Bitget spot market provides a variety of PROM trading pairs to fully meet your needs.

Earn by staking PROM: You can also generate income through financial management methods such as staking PROM or lending PROM. Bitget Earn offers a variety of financial products designed to help you earn more income from your PROM.

Send or pay PROM: If you want to give PROM to your friends, a charity, or a fundraiser, or you want to pay someone with PROM, you can quickly and easily send PROM to the recipient through their payment address.

You can also go to the official website of the Prom project to learn more about the use cases of PROM. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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