A Brief Overview Of: Refereum
What is Refereum?
Alas, I hold my hands up! Technically, this is a coin in its pre-ICO stage and therefore is not in the top 100, nor is it listed on coinmarketcap.com at all. That being said, I feel like this project is worth discussing and it resonates with me personally, as I am an avid game enthusiast.
So what is Refereum exactly? It is an ERC20 utility token that utilizes the Ethereum blockchain. Refereum, as quoted from their official white paper, is a decentralized referral marketplace for games that pays you — not corporations. The Refereum project, led by Dylan Jones, essentially aims to transform the gaming industry as we know it. $108 billion dollars are spent on the video game industry annually, with marketing and advertising costs increasing dramatically, year upon year. Corporations such as Google and Facebook benefit from this, in which it is estimated that spend on adverts exceeded $37 billion in 2017.
Refereum aims to cut out the middle-man. By integrating the Refereum coin within the Twitch and Unity platforms, Refereum aims to reward users for reaching goals within a game, or watching their favourite streamers. Streamers also benefit, as they are rewarded with coins for streaming and promoting the product. It’s a winner all round, the games companies are able to finally embrace an efficient way to advertise their product, whilst the community gets paid to watch/play what they enjoy.
Refereum is the decentralized referral marketplace for games that pays you.
What are the benefits of using Refereum?
- Integration with Twitch and Unity is a big deal
- The project is already up and running successfully
- The use case makes logical sense
- The video game industry is ever expanding
What are the disadvantages of using Refereum?
- Project is still in early stages
- ICOs are inherently high-risk by nature
Should you invest in Refereum?
Honestly? It’s hard to say. I would hedge my bets on saying you would make substantial profits from purchasing Refereum in the ICO and holding, but I myself will probably refrain from buying any. However, they are currently undergoing an event in which you gain points for purely watching your favourite Refereum verified streamer! Once you reach 500 points it will enable you to enter a pool for a free token give-away once the season ends in 40 days! I’ll provide a referral link down below if you wish to sign up.
If you enjoyed this post, please don’t forget to up-vote, follow and comment! Thank you for taking the time to give it a read and I hope you have a nice day.
DISCLAIMER: This is NOT financial advice. The cryptocurrency market is volatile and you are at risk of losing your money. Only invest what you can afford to lose.
Donations:
BTC Address - 1JQGxuVLQf1hAz6i2dpitvGNvkTSKD8xAC
LTC Address - LdHvzzi5ZhZZr9Ce5gek9rgmJXbk78tQD7
ETC Address - 0xae041220e640Ca52BCa8644B178682fC12705cBA
i upvoted and followed you. do the same for me and we could help each other earn
Credit to @teutonium for letting me know about this interesting project!
Thanks dude, always here to provide you with some good information, we minnows need to help ea other, hope you get to gold in refereum points, i'm almost silver 778 points at this moment.
, this guys stream 24hours, and most of those hours is fortnite so double the points, i haven't turned off my pc in 3 days :P getting kinda slow now 😂😂If you want a 24hours stream so that you can farm more points
If by the end of the season i get close to gold ill probably use all my families phones to get in on telegram :P 200 points ea
BTW i wrote a blog about how my bank tried to screw me so i didn't buy their precious xrp, check it out if you want
No worries mate, haha you too... I've just gone past the 500 mark. Ahhh thanks, I'm actually watching that one right now and doing the same as you haahahha. Can you even think to imagine what they're gonna rake in from all these viewers :O
Sure man I'll check out your post :)
thanks
Thanks, i like your structure. Keep it up ;)
No worries mate, will do! :)
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Looks really interesting, I think I will go for a investment!
Good luck!