Prom — the Gateway to the Metaverse

Prom
4 min readJul 13, 2022

The NFT gaming industry has just celebrated its 1st anniversary. You may say it has been around since the previous crypto cycle, but in reality, the true adoption came a year ago with the uprise of Axie infinity.

Currently, we watch new NFT gaming projects popping up daily while the gaming giants are swiping blockchain specialists from the market. The vast majority of recently launched NFT gaming projects have turned out to be just gamified Ponzi schemes. However, every young industry faces numerous challenges on its way to the top.

New markets bring new inefficiencies that should be fixed according to blockchain industry standards. Thus, every solution has to be decentralized, secure, and simple. That’s why we created Prom — the gateway to the metaverse.

Prom is a unified access point to the NFT gaming and metaverse industries that includes an NFT marketplace and aggregator, non-collateralized NFT rental and mortgage, an educational portal and analytic tools, an NFT Launchpad, and DEX for GameFi assets.

Prom.Marketplace

Existing NFT marketplaces were initially designed exclusively for collectibles. Thus, they are uncomfortable for GameFi users. The thing is that they do not provide discovery solutions fit for games and metaverses. For example, if you try to find a game NFT with some designated parameters, it will take too much time or you will simply fail.

To solve this problem, games are launching their own internal marketplaces. However, this approach leads to another problem, and the question arises: “How are you going to manage your NFT assets across multiple games?”

Prom marketplace has been designed exclusively for gaming and metaverse assets. As a result, players can easily find the desired NFT nearly in a click. Besides, asset owners can manage their NFTs across multiple games from a platform.

Last but not least, Prom aggregates data from games’ internal marketplaces to enable players to trade assets across different games from a browser tab. Say bye to endless log-ins and contract approvals.

Prom.Rental

Investors want to make a yield on assets they own. However, not every game has a scholarship or rental system. As a result, gaming NFT owners feel left out, and players who don’t have enough capital to acquire an initial set of game assets miss earning opportunities.

To overcome such challenges, we have created a decentralized gnosis-safe-based rental system that can be used in every game and does not require any integration. Asset owners don’t have to constantly upgrade their assets on their own or just keep them at a loose end. Now assets can be monetized in a secure and simple way. All lenders need is to link their wallets where they keep assets and make offers with their own price and duration.

Players, for their part, don’t have to neglect their gaming dreams due to the high prices of NFTs. Now they are welcome to explore borrowing opportunities in a collateral-free way, search for relevant assets, and apply for renting. To get NFTs, they just need to pay. Next, they will be at their disposal within the set period, and a lender will automatically get the money. Thus, players are able to earn without deploying their capital, and owners can get revenues without any risks.

Mark it down: No integration, No collateral, No risks.

Prom.Mortgage

With the recent spike in prices of Metaverse lands, such as Sandbox or Decentraland, and blue-chip NFTs, such as BAYC or Crypto Punks, it became pretty costly to become a part of these communities. But what can one do to run a business in a metaverse, for instance, to open a casino in Decentraland or build a game on Sandbox?

Prom provides a decentralized mortgage service for lands and NFTs, allowing users to purchase them in monthly installments. Additionally, buyers will be able to use those assets starting from day 1 of their purchase.

Prom.Education

GameFi is not only about fun, but also about numbers. How to find the most profitable games, build the most efficient NFT gaming strategy, maximize your returns and optimize spending?

Prom Education has the answer. We cooperate with pro-gamers, who will guide you through new NFT games and help you to create sustainable strategies. Our analytic tools will allow you to track and optimize your revenue streams in the changing market.

Plans

This year, Prom will make the most of your earning opportunities in a few steps. To begin with, in the next few weeks, we will publish detailed materials highlighting all our directions and launch a closed beta program for rentals.

An NFT marketplace with a basic set of functions will be released early September, followed by mortgages, a launchpad, and DEX for metaverse assets.

This is only the beginning: more amazing updates and news are to come. Don’t miss them; stay tuned and subscribe to our socials.

Follow Prom:
Website:
prom.io/
Twitter:
twitter.com/prom_io
Telegram Announcements:
t.me/prom_ann
Telegram Chat:
t.me/prom_io
Discord:
discord.gg/prom
Instagram:
instagram.com/prom_io_official
CMC Gravity:
coinmarketcap.com/community/profile/Prom
YouTube:
www.youtube.com/channel/UC2mC_ZMPnrivHGgz5CaZnvQ

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Prom

Modular zkEVM Layer 2. Connecting EVM & Non-EVM worlds through interoperability. Join the community: discord.gg/prom