In-App Marketplace PUML spend to influence $PUMLx through major brand partnerships

PUML, the cutting-edge health and wellness platform, is thrilled to announce significant updates to its in-app marketplace, introducing a groundbreaking feature that will lead to a burn event of PUMLx tokens.

TLDR: Starting immediately, PUML will implement a 1:1 ratio for PUMLx burn, where one PUMLx token will be burned for every PUML token spent in the marketplace. This burn event will be triggered when a cumulative total of PUML 1,000,000 (one million PUML tokens) are spent within the marketplace.

Note: This is NOT replacing the upcoming burn mechanism — It is an additional campaign that aims to create value for PUML users whilst also promoting the scarcity of PUMLx tokens.

This transformative development aims to enhance the benefits for both Web2 and Web3 users, while opening doors for future corporate clients to impact PUMLx burn through employee engagement within the PUML ecosystem.

This means….

• Web2 users will unknowingly assist in increasing the scarcity of $PUMLx
• As PUML onboards more Corporates and their employees to the PUML ecosystem, the higher the spend in the marketplace.
• By implementing the 1:1 ratio, PUML not only rewards active participation but also ensures that the burn mechanism contributes to reducing the total supply of PUMLx tokens, creating a sense of scarcity and enhancing the long-term value of the tokens.
• As PUML collaborates with larger brands, the higher the likelihood of increased marketplace spending.
• As users spend PUML tokens on marketplace products (any product in the marketplace is eligible, including: ebooks, offers, gift cards, etc), the sooner the $PUMLx burn occurs, further increasing the value and scarcity of the tokens.

As PUML continues to expand its reach, corporate clients will play a pivotal role in driving PUMLx burn. By introducing employees to the PUML ecosystem and encouraging their engagement, corporate clients can contribute to the reduction of PUMLx supply and the overall growth of the platform.

The marketplace already has excellent deals by brands such as Fila, RipCurl, BASE, Speedo, and more. Furthermore, PUML is excited to announce upcoming collaborations with renowned international sports brands. Users can look forward to an extensive selection of high-quality athletic gear from brands like Under Armour, NBL Store, and more (Stay tuned).

Collaborations with top international sports brands will bring exciting new opportunities for PUML users to enjoy high-quality products while fostering a healthier and more active lifestyle.

The introduction of these transformative features underscores PUML’s commitment to innovation and its dedication to revolutionizing the health and wellness industry. By empowering users, bridging Web2 and Web3 communities, and partnering with prestigious sports brands, PUML is shaping the future of fitness, rewards, and digital ecosystems.

Stay tuned for further updates…