Refereum ICO - Review

in #cryptocurrency7 years ago

Website | Telegram | Blog | reddit

"Entertainment is one of the most joyful aspects of the human experience. Refereum offers simple cryptocurrency purchases, today. The platform rewards people instead of corporations and it allows anyone to make money playing video games. It secures sales for all parties using the blockchain and already has a booming community of streamers, gamers, and developers backed by an all-star team. Refereum is the decentralised referral marketplace for games that pays you. Refereum is built around referrals. Whether buying games, inviting friends to the platform or just chatting in Discord, the platform incentivises users for engaging with each other and the platform. Such referral models offer a feedback loop that has already driven exponential growth." (Whitepaper)

Main Positives:

  • They have a full working product that is already integrated with the biggest game streaming platform - Twitch. Furthermore Refereum has been integrated in on of the most used game engine - Unity. What a great start of an ICO. 
  • The RFR can be used on their platform in order to: buy games / developers pay a fee in order to feature their game to a larger audience / sellers have to pay with the tokens in order to list their games.
  • Refereum has a relatively large user-base and following. 


Main Negatives:

  • "Under the Token Instrument, Refereum reserves the right from time to time to create and issue further digital convertible tokens, whether of the type described in the Token Instrument or of a different type or on a different blockchain, so as to be or become identical or equivalent and to form a single issue with the RFR Utility Product Tokens (which may be constituted by an instrument supplemental to the Token Instrument)."- This means that potentially their supply could increase over time, hence diluting the price per token.
  • Don't fully understand why a native token is needed for this platform. Could the same vision and business model not been done the same by utilising an already existing token as a means of payment?  
     

Team Highlights:

Nick Klingensmith (Tools Developer) - Extensive experience in the Gaming sector. One of the standouts throughout his career is that he has been a software engineer at Zynga.
Koh Kim (Advisor) - She has worked at Google for over 3 years in Business Development: Gaming Sector.  

The Wrap Up

Flip: Good | Long-Term: Good


For further information and more information about this project go to the following:
Isee0s Review Spreadsheet: http://bit.ly/2jpOUHX
Telegram Isee0s Announcement Channel: @IseeOs
Telegram Isee0s Chat Group: @https://t.me/iseeos_reviews 

The information provided is not to be construed as financial advice in any shape or form. You are strongly advised to conduct your own research before investing. As an investor, you are solely responsible for your actions. I cannot be held liable for any losses you may make. This information is simply my view and opinion on the subject. 

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Cool Project! Gamers Get Paid To Watch & Play Video Games. Check out Refereum RFR ICO https://token.refereum.com/

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Check out Article>> Refereum RFR ICO Get Paid To Watch & Play Video Games? Should I invest? Refereum to the moon?

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