Quorum

Quorum

RUM
$1.25%-0.29

Key Metrics

Price$1.25
Real Volume (24H)$2,951.62
MarketcapN/A
Fully Diluted ValuationN/A
ATH$3.15
ATH Date4/30/2022, 12:53:45 PM
ATL$1.05
ATL Date11/10/2022, 4:33:07 PM
Circulating SupplyN/A
Total SupplyN/A
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is Quorum?

Rum Light is a mobile client that runs on a light node and supports major Android and iPhone devices. To use it, you need to download TestFlight from the App Store. Compared to the full node client, Rum Light has all the interactive functions of Rum App, such as posting, commenting, and liking. The only difference is that you can't build your own SeedNet. The best part? It's lighter and faster, giving users a quick and easy way to experience the Rum ecosystem. Join the internet alternative and unlock more possibilities.

At the forefront of innovation, Rum pioneers the use of NFT as an access token and permission management. Port is a decentralized, lightweight web forum where users can create their own forum and distribute NFT to their audience. With NFT, they can join and discuss common topics while enjoying features such as Markdown format, likes, and comments. In the future, Rum plans to support more user-to-user activities and expand the use of NFT for the management of different permissions.

The RumSystem supports all cryptocurrencies issued based on Eth or de-tokenized application. To ensure the robustness and sustainability of the RumNetwork and its ecosystem, Rum has issued 21,000,000 tokens (RUM) to support network operations, the Rum team, third-party developers, and communities of content creation and trading in the future.

Mining RUM tokens is possible with a non-GPU proof of X algorithm that consumes less energy. After the mainnet launch, the chances of winning the reward are linked to the user's contribution to the network, including data storage and network traffic.

Rum's ecosystem is designed for digital asset trading, with the decentralization of RumNetwork eliminating the need for traditional intermediaries to act as arbiters of money and value. Users can set prices, subscriptions, or trading conditions for digital assets they created or copyrighted represented through smart contracts. They can also earn distribution commissions by helping to promote or facilitate deals.

NFTs are used to mark the relationship between creation and creator, providing buyers with proof of ownership while allowing the circulation of NFT to be a process of interest allocation for those who participate in adding value to the asset. RumSystem is ideal for a variety of NFT projects and hopes to fuel more innovative business opportunities for digital asset trading.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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