Prom (PROM), also known as Prometeus, is a decentralized data marketplace and privacy-preserving
DeFi protocol built on
Ethereum and
BNB Chain, enabling individuals and institutions to securely tokenize, share, and monetize personal or business data while maintaining full ownership and control. Founded in 2018 by the Prometeus Labs team, it uses encrypted data vaults,
zero-knowledge proofs, and secure multi-party computation to allow selective data disclosure without compromising privacy, making it suitable for sensitive use cases in finance, healthcare, and enterprise analytics. The platform supports data lending markets, privacy-preserving analytics,
real-world asset (RWA) tokenization, and compliant data sharing, with PROM serving as the governance and utility token for
staking rewards, fee payments, and voting in the Prom DAO. All operations are secured by multiple independent audits, emphasizing data sovereignty, regulatory compliance, and seamless
interoperability in a rapidly growing data economy that bridges traditional data markets with blockchain technology.
When Did Prom Launch?
Prom was founded in 2018 and launched its PROM token through an
ICO in 2019, initially focusing on building a decentralized data marketplace with early enterprise partnerships and data vault features. The project gained momentum in 2020 with the introduction of encrypted data sharing tools, expanded to BNB Chain in 2021 for lower fees and broader accessibility, and achieved major technical milestones in 2023 with advanced zero-knowledge proof integrations for enhanced privacy. In 2025, Prom rolled out significant RWA tokenization capabilities, institutional-grade compliance tools, data lending market enhancements, and high-profile partnerships, achieving consistent growth in total value locked (TVL), user adoption, and tokenized data asset volume by December 2025.
What Are the Key Features of Prom?
Prom features encrypted data vaults for secure, user-controlled data storage and selective sharing, zero-knowledge proofs for privacy-preserving data disclosure and analytics without exposing raw information, decentralized data lending markets allowing users to monetize datasets with collateralized loans, staking rewards for governance participation and network security, multi-chain support on Ethereum and BNB Chain for low-cost accessibility, audited
smart contracts with compliance tools for institutional and regulated use cases, and a fully decentralized
DAO governance model that empowers token holders to vote on treasury allocation, data standards, protocol upgrades, and strategic partnerships, all designed to create a transparent, compliant, and scalable data economy in Web3.
What Is PROM Used For?
PROM is primarily used for staking to earn rewards from platform fees and participate in governance voting on protocol upgrades, treasury allocation, and new data market integrations, paying fees for data access, tokenization services, and premium privacy features, voting on DAO proposals for new data lending opportunities and partnerships, providing liquidity in pools for additional yields from trading activity, and accessing ecosystem incentives such as airdrops, grants, priority data services, and early access to new tokenized asset markets.
What Is the PROM Token Utility?
PROM serves as the staking asset for reward distribution and governance participation, acts as the weighted governance token for DAO voting on critical decisions including data standards, treasury spending, and strategic partnerships, functions as the fee payment medium with built-in discounts and burns for deflationary pressure, provides liquidity incentives through yield farming rewards and treasury share distributions, captures real economic value from data marketplace revenue allocated directly to stakers and ecosystem funds, and acts as the primary funding source for ongoing development, privacy research, regulatory compliance efforts, and strategic ecosystem expansions in the data economy.
What Blockchain Does Prom Operate On?
Prom operates primarily on Ethereum for core smart contract security, privacy features, and token operations, with full support on BNB Chain for low-cost transactions, higher throughput, and broader accessibility, utilizing bridges and interoperability tools for seamless cross-chain data sharing and asset transfers without compromising the platform's zero-knowledge privacy guarantees.
What Are PROM Tokenomics?
PROM has a capped maximum supply designed for long-term scarcity and value preservation, with controlled token circulation managed through structured vesting schedules and community-focused incentive programs as of December 2025. The allocation structure places significant emphasis on staking rewards to incentivize governance and network participation, ecosystem incentives for data providers and users, team vesting distributed over extended periods for alignment with project success, liquidity provision reserves to maintain healthy market conditions, treasury allocations dedicated to ongoing development, privacy research, and strategic partnerships, and marketing funds to drive user acquisition and adoption, while deflationary mechanics implemented through transaction fee burns work to offset any potential inflationary pressure and support sustainable token economics over time.