From Prometheus Labs to zkEVM Gaming Hub

History and Background

Originally founded four years ago as Prometheus Labs, $PROM has evolved from an incubator for projects like Prosper into a dedicated modular zkEVM Layer 2. Its strategic rebranding focused on bridging the gap between web2 and web3 gaming by creating a comprehensive NFT marketplace and a unique rental solution designed to lower entry barriers for traditional gamers.

Core Use Cases

$PROM serves as the essential keystone of its network ecosystem:

  • Network Fees:

It is used as gas for all transactions and smart contract interactions.

  • Governance:

$PROM grants decision-making power, allowing holders to shape the network’s future through the Prom DAO.

  • Gaming Utility:

It facilitates NFT rentals, allowing gamers to access assets without high upfront costs.

Market Moves: Previous and Current

$PROM has historically experienced high volatility, reaching significant peaks in late 2021. Recent market sessions reflected a "tug-of-war" between bulls and bears: a 12% correction to ~$6.60 was followed by a 14% recovery toward ~$8 as buyers defended support zones. However, recent data shows $PROM trading at approximately $4.28, highlighting the inherent risks and fluctuations of the current landscape.

Futuristic Outlook

The project aims for "scalability without borders," utilizing Polygon’s ZK stack and recursive STARK technology to ensure high-speed, secure, and low-cost transactions. Its multichain vision positions $PROM to handle high-performance dApps while continuing a community-led governance model.

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