PROM Description
Overview
Prom (formerly Prometeus / Prometeus Network) (PROM) is the native token of the Prom ecosystem, deployed on Ethereum (ERC-20) with an official bridged implementation on BNB Smart Chain (BEP-20). The project launched in 2019 as Prometeus Network, a decentralized data-market protocol, and rebranded to Prom in July 2022. In November 2024 it launched Prom mainnet, a modular zkEVM Layer-2 built with Polygon's Chain Development Kit (CDK). PROM enables interoperability across EVM and non-EVM chains and supports governance and transaction activity within this ecosystem.
Value Proposition
Prom differentiates itself by evolving from a 2019 data-marketplace protocol into infrastructure for its own zkEVM Layer-2, Prom mainnet, launched in November 2024 on Polygon's Chain Development Kit. This repositions PROM as a chain-interoperability, governance, and transaction token for an EVM- and non-EVM-compatible network, rather than a narrow data-access utility.
As of 2026-09-02, PROM's market capitalization is approximately $86-89 million, placing it in a lowcap market segment relative to comparable tokens.
Token Basics
PROM functions as both a utility and governance token within the Prom ecosystem.
- Utility: used to facilitate transactions and contract interactions on the Prom zkEVM network and to support interoperability across EVM and non-EVM chains
- Governance: through Prom DAO, holders can act as members, validators, or delegates, proposing and voting on network initiatives
- Delegation: PROM holders may delegate voting power to elected delegate representatives
Meeting DAO-specified minimum voting-power thresholds is required to participate in proposals or votes.
Tokenomics
PROM has a circulating supply of 18,250,000 tokens against a maximum/total supply of 19,250,000 tokens, as of 2026-09-02.
- Circulating supply: 18,250,000 PROM (~94.8% of max supply)
- Maximum/total supply: 19,250,000 PROM
- Prom DAO holds 1,000,000 PROM reserved as delegated voting-power tokens for governance use only
Daily supply growth is measured at approximately -0.03% (EMA), indicating a flat-to-mildly-disinflationary emission trend rather than active inflation.
Launch & Funding
Prometeus Network conducted an ICO that concluded May 2, 2019, priced at $1 per PROM, raising approximately $4.85 million across its 2019 token-sale stages.
The project also ran an Initial Exchange Offering on the Korean exchange platform Tokenman in 2019, with IEO-allocated tokens distributed at official listing in June 2019. The Ethereum contract was created May 19, 2019, shortly after the ICO concluded.
Blockchain & Consensus
PROM is deployed on Ethereum (ERC-20), with an official bridged implementation on BNB Smart Chain (BEP-20) created September 2, 2020. Both are general-purpose smart-contract chains secured by their respective validator networks.
Since November 2024, Prom also operates its own network, Prom mainnet, a modular zkEVM Layer-2 built using Polygon's Chain Development Kit (CDK), which relies on zero-knowledge validity proofs rather than a separate independent validator consensus set.
Team
The project's original founders have maintained a low public profile, delegating public-facing leadership to named contributors.
- Vladislavs Semjonovs (Vlad) - business-development background in the pharmaceutical industry, active in crypto since 2016, associated with a founding business-development role
- Iva Wisher - founding contributor and acting Chief Operating Officer, previously an investment analyst at VTB Capital
Issuing Organization
Prom is developed and maintained by Prometeus Network, reported to be headquartered in Tallinn, Estonia.
The organization operates under the domain prom.io and maintains official channels including a GitHub organization (Prometeus-Network), Telegram, X/Twitter (@prom_io), and Medium. It rebranded from Prometeus Network to Prom in July 2022.
Governance
Prom is governed through Prom DAO, an on-chain structure enabling PROM holders to propose, discuss, and vote on network initiatives.
- Three defined roles: members, validators, and delegates
- Delegates receive voting power delegated by other PROM holders, acting as elected representatives
- 1,000,000 PROM allocated specifically as delegated voting-power tokens for DAO use
Participation in proposals or voting requires meeting DAO-specified minimum voting-power thresholds.
Security
No confirmed third-party smart-contract security audit specific to PROM or the Prom zkEVM mainnet has been identified.
- Automated token security scores: 67/100 (Ethereum contract), 65/100 (BNB Smart Chain contract)
- Top 10 wallet addresses hold approximately 73% of circulating supply, a high concentration profile
- On-chain DEX liquidity relative to market capitalization is rated high risk, reflecting thin decentralized-exchange liquidity
Frequently Asked Questions
What is Prom (PROM)?
Prom (formerly Prometeus / Prometeus Network) is the native token of the Prom ecosystem, an Ethereum-based (ERC-20) project also bridged to BNB Smart Chain (BEP-20). Originally launched in 2019 as a decentralized data-marketplace protocol, it rebranded to Prom in July 2022 and now underpins Prom mainnet, a zkEVM Layer-2 launched November 2024.
What blockchain is PROM built on?
PROM is deployed natively on Ethereum as an ERC-20 token, with an official bridged implementation on BNB Smart Chain as a BEP-20 token. The Ethereum contract was created May 19, 2019, while the BNB Chain copy was created September 2, 2020. Since November 2024, Prom also operates its own zkEVM Layer-2 built with Polygon's Chain Development Kit.
What is the circulating supply of PROM?
PROM has a circulating supply of 18,250,000 tokens against a maximum/total supply of 19,250,000 tokens, as of 2026-09-02. This means roughly 94.8% of the maximum supply is already in circulation, leaving only a small remaining token allocation still to enter the market over time, based on current supply figures.
Is PROM a governance token?
Yes, PROM functions as both a utility and governance token. Holders can participate in Prom DAO as members, validators, or delegates, proposing and voting on network initiatives, while also using PROM to pay for transactions and contract interactions on the Prom zkEVM network.
Who founded Prom / Prometeus Network?
The project's original founders have kept a low public profile, delegating leadership to named contributors instead. Vladislavs Semjonovs, with a pharmaceutical-industry business-development background, and Iva Wisher, a founding contributor and acting Chief Operating Officer previously an investment analyst at VTB Capital, are the most-cited public figures associated with the project.
How was PROM launched and funded?
Prometeus Network conducted an ICO that concluded May 2, 2019, priced at $1 per PROM, raising approximately $4.85 million across its 2019 token-sale stages. It also ran an Initial Exchange Offering on the Korean platform Tokenman, with tokens distributed at official listing in June 2019.
Has PROM been audited?
No confirmed third-party smart-contract audit specific to PROM or the Prom zkEVM mainnet has been identified. Automated security scoring rates the token 67 out of 100 for the Ethereum contract and 65 out of 100 for the BNB Smart Chain contract, but these are heuristic scores, not a named independent audit.
What is Prom DAO?
Prom DAO is the on-chain governance structure through which PROM holders propose, discuss, and vote on network initiatives. It defines three roles - members, validators, and delegates - and has allocated 1,000,000 PROM as delegated voting-power tokens usable only for DAO voting purposes.
