Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
The PREMA platform is centered on PREMA X, an NFT marketplace, and uses the PREMA Wallet and traceability system to connect NFTs with the places where they are used, such as URLs (UnReal Life, the unreal world) such as metaverse blockchain games and IRLs (In Real Life, the real world) such as physical products and spaces.
What is PREMA?
PREMA is a blockchain platform designed to enhance the user experience across multiple blockchain networks. At its core, it focuses on integrating non-fungible tokens (NFTs) within both digital and physical realms, aiming to bridge the gap between virtual assets and their real-world applications. This initiative is facilitated through the use of the PREMA Wallet and a sophisticated traceability system, which together enable a seamless connection of NFTs with their respective uses in various environments.
The platform's ambition is to establish a unified marketplace for the Web3 ecosystem, drawing parallels with major digital storefronts in terms of accessibility and diversity of content. By leveraging advanced technologies such as AQR (Advanced Quick Response) and NFC (Near Field Communication), PREMA seeks to simplify the process of NFT transactions, making it more user-friendly and secure for participants.
A significant component of PREMA is the PREMA X, an NFT marketplace that serves as a central hub for the buying, selling, and trading of NFTs. This marketplace is designed to support a wide range of digital assets, facilitating their use in metaverse applications, blockchain games, and connection to physical products and spaces.
In addition to its technological offerings, PREMA has outlined plans for expansion into various sectors, including sports, with an intention to enter the NTT INDYCAR SERIES by 2025. This move signifies the platform's commitment to broadening the scope of NFTs and blockchain technology beyond traditional boundaries.
As the world of cryptocurrencies and blockchain continues to evolve, platforms like PREMA play a crucial role in shaping the future of digital asset interaction and utility. However, it's important for individuals to conduct thorough research and consider the inherent risks before engaging with any cryptocurrency or blockchain platform.
How is PREMA secured?
PREMA employs a multifaceted approach to ensure the security of its platform and the digital assets it handles. This strategy encompasses both technological and procedural elements designed to safeguard users' information and transactions.
At the core of PREMA's security measures is the use of advanced encryption techniques. These are essential for protecting data as it is transmitted across the internet and stored within the platform. Encryption acts as a first line of defense against unauthorized access, ensuring that sensitive information remains confidential and secure.
In addition to digital security, PREMA emphasizes the importance of physical security and access controls. These measures are crucial for preventing unauthorized physical access to servers and data centers where critical infrastructure and personal information are housed. Access controls ensure that only authorized personnel can access sensitive areas, further enhancing the security of the platform.
Non-disclosure agreements (NDAs) play a vital role in PREMA's security framework. These legal contracts bind employees and partners, ensuring they maintain the confidentiality of the information they access as part of their work. NDAs are a critical component in protecting against data leaks and ensuring that sensitive information does not fall into the wrong hands.
For users seeking an additional layer of security, PREMA supports the use of hardware wallets. These devices offer a secure way to store digital assets offline, significantly reducing the risk of hacking and unauthorized access. By integrating support for these wallets, PREMA provides users with an option to enhance their security and protect their investments.
Furthermore, PREMA's commitment to security extends to its operations, including the use of secure exchanges for cryptocurrency transactions. The platform's focus on both physical and electronic security measures demonstrates a comprehensive approach to protecting users and their assets.
It's important for users to conduct their own research and consider their security practices when engaging with cryptocurrencies and platforms like PREMA.
How will PREMA be used?
PREMA is designed to serve as a multifaceted platform within the digital asset ecosystem, primarily focusing on the integration and trading of Non-Fungible Tokens (NFTs). Its core utility encompasses creating a bridge between the physical and digital realms, allowing for the seamless connection of tangible objects and digital content through NFTs. This innovative approach facilitates a unique interaction between real-world assets and their digital counterparts, enhancing the value and utility of both.
The platform is set to revolutionize the NFT marketplace by providing a comprehensive environment for the trading and management of NFTs. By catering to the Web3 industries, PREMA aims to accelerate the global NFT business, offering a robust marketplace for creators, collectors, and traders alike. This initiative is expected to foster a vibrant community around digital collectibles and art, enabling users to buy, sell, and trade NFTs with ease and security.
Moreover, PREMA introduces a traceability system that leverages the PREMA Wallet, ensuring the authenticity and provenance of NFTs linked to physical products and spaces. This system is particularly beneficial for verifying the ownership and history of unique digital assets, thereby instilling trust and transparency within the marketplace.
The integration of PREMA X, an NFT marketplace, further underscores the platform's commitment to providing a user-friendly and efficient environment for NFT transactions. This marketplace is designed to support a wide range of digital assets, from art and collectibles to in-game items and more, making it a versatile platform for the burgeoning NFT industry.
In conclusion, PREMA's utilization extends beyond mere cryptocurrency transactions, aiming to redefine the interaction between tangible and digital assets through NFTs. Its focus on creating a secure, transparent, and user-centric marketplace positions it as a significant player in the Web3 and NFT sectors. As with any investment in the crypto space, individuals are encouraged to conduct thorough research to understand the risks and potential of PREMA within the broader digital asset market.
What key events have there been for PREMA?
PREMA has marked its presence in the cryptocurrency and blockchain space through a series of significant developments and strategic moves. One of the pivotal moments for PREMA was the introduction of the PREMA X NFT marketplace. This platform has played a crucial role in bridging digital assets with both virtual and physical realms, showcasing the project's commitment to enhancing the utility and accessibility of non-fungible tokens.
Further solidifying its ecosystem, the development of the PREMA Wallet and a comprehensive traceability system has been instrumental. These innovations provide users with a secure and efficient means of managing their digital assets, while also ensuring transparency and trust in the transactions and ownership of NFTs.
The release of an updated roadmap has also been a noteworthy event, signaling PREMA's ongoing dedication to growth and adaptation in the fast-evolving blockchain sector. This roadmap outlines the project's future plans and milestones, reflecting a strategic approach to achieving its objectives and expanding its influence.
In addition to these developments, PREMA's engagement with various industries through the use of NFTs and the growing public interest and valuation of these digital assets have been key to its recognition. These factors underscore the project's potential to impact the broader NFT and blockchain landscape positively.
On the competitive front, PREMA's entry into the IndyCar racing scene by 2025 marks a unique intersection of blockchain technology with sports, highlighting its ambition to explore and innovate within diverse sectors. This move, coupled with its historical performance in racing championships, positions PREMA as a dynamic and forward-thinking project.
With a focus on offering multi-chain experiences, PREMA aims to cater to a wide range of needs and preferences within the blockchain community. Its current market performance and strategic initiatives reflect a robust platform poised for further growth and engagement within the cryptocurrency ecosystem.
The live PREMA price today is $8.71e-7 USD with a 24-hour trading volume of $662.39 USD. We update our PRMX to USD price in real-time. PREMA is down 5.66% in the last 24 hours. The current CoinMarketCap ranking is #2735, with a live market cap of $250.99 USD. It has a circulating supply of 288,322,108 PRMX coins and a max. supply of 100,000,000,000 PRMX coins.