What is Prometheus (PROM)? Prometeus (PROM) is a token owned by the Prometeus Network that solves data brokerage related issues. It is also the popular cryptocurrency of the Medicine, infulancer marketing, data and insurance industries. As Kriptokoin.com, we have compiled the details for you, let’s examine the subject together…
What is Prometeus (PROM)?
The purpose of this project is to provide users with the opportunity to earn tokens over data. Transactions are carried out through the application called ST0A in its own network. The project allows investors to transact through smart contracts without the need for KYC verification.
It is possible for investors, medicine and insurance industry to receive services with Blockchain applied. The project aims to provide free communication over an uncensored network. Because, thanks to this communication, investors have the opportunity to do business with PROM Token.
Advantages and Disadvantages
Advantages
- Investors can benefit from services related to medicine, insurance and data sectors in the Prometeus Network with their tokens.
- PROM Token investors can also connect to different parts of the Blockchain through a single domain with the application called Blockchain Explorer on the Prometeus network.
- PROM Token investors can perform cross-border cross-wallet and exchange transactions within minutes and with low commission fees.
Disadvantages;
- PROM Token is to bring real-world concepts to the cryptographic world. In addition, its main purpose is to attract corporate companies with smart contracts. They do not appeal to individuals and investors.
- PROM Token is at risk of attack if stored in online wallets. Therefore, if crypto assets are preferred to be stored in hardware wallets, this risk is eliminated.
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