Question 1

What is the current price of Prom (PROM)?

Accepted Answer

The current price of Prom (PROM) is A$ 2.11. Over the past 24 hours, the price has increased by +4.70%%.

Question 2

What Is Prom (PROM)?

Accepted Answer

Prom is a distinctive platform that caters to the burgeoning world of gaming, NFTs (non-fungible tokens), and virtual realms known as metaverses. Positioned as a decentralized and secure marketplace and rental service, it targets a diverse ecosystem comprising players, metaverse enthusiasts, NFT owners, gaming guilds, and game developers. Prom endeavours to forge a sustainable future for the entire gaming and NFT industry through its dedicated ecosystem.

Question 3

What Unique Features Does Prom Offer?

Accepted Answer

Prom's ecosystem is engineered to provide several key functionalities that address the specific needs of the NFT gaming sector: - **Asset Renting**: Players can rent gaming assets without the need for collateral. Meanwhile, asset owners can lend out their items to earn additional profits. - **NFT Financing**: Users have the option to purchase NFTs in monthly installments. Additionally, there is the facility to get a mortgage or leasing options for lands and spaces within various metaverses. - **Unified Trading**: The platform offers a seamless interface for trading and exchanging NFT assets from different games, with access to internal gaming marketplaces that span multiple games. - **Asset Management**: Users can easily manage their NFT assets across all participating platforms and access detailed statistics to track performance and usage.

Question 4

How Does the Prom Ecosystem Work?

Accepted Answer

The Prom ecosystem works by leveraging the potential of NFTs within the gaming sphere to create a flexible and user-centric marketplace. It encourages an environment where players can lend, rent, and trade NFTs with ease, thereby enabling a fluid movement of digital assets and fostering an economy within virtual worlds. The platform allows for collateral-free rentals, providing accessibility to users who may not have the means to make upfront investments in gaming assets.

Question 5

How Is the Prom Platform Secured?

Accepted Answer

The security of Prom's platform is a foundational aspect of their service, ensuring that all marketplace transactions and rentals are conducted in a decentralized, confidential, and reliable manner. While specifics on the technology and protocols used to secure the platform may not be detailed here, Prom typically would utilize blockchain technology's inherent security features, such as encryption and smart contracts, to protect users' assets and transactions.

Question 6

How Much Prom (PROM) Is in Circulation?

Accepted Answer

The current circulating supply of Prom (PROM) is 18.2M tokens. The total supply of PROM is 19.2M, indicating the maximum number of tokens that will ever exist.

Question 7

What Is Prom's Market Capitalization?

Accepted Answer

As of the latest data, the market capitalization of Prom (PROM) stands at A$ 38.5M, with its ranking in the overall cryptocurrency market being #505.

Question 8

Where Can You Buy Prom (PROM)?

Accepted Answer

Prom (PROM) can be purchased on the Huobi, KuCoin, Coinone, Binance US, CoinEx and possibly other cryptocurrency exchanges as well. Considering investing in digital assets like PROM would entail visiting any of these exchanges, setting up an account, and proceeding with the trading process.

Question 9

How Can You Safely Store Prom (PROM)?

Accepted Answer

To securely store Prom (PROM), you should utilize a wallet that supports this particular token. Both hardware and software wallets are suitable options, depending on your preferences for security versus convenience. It's essential to choose a reputable wallet provider and to follow best practices for safeguarding your private keys and access credentials.

Convert PROM to AUD

Try our Crypto Pro app