Yumerium - Play, review and share to earn.

in #ico6 years ago

What is Yumerium?

Yumerium is gaming platform that players can earn token by play, review and share the games that they love.
Yumerium is an incentivized, blockchain based, open gaming platform:

  1. Yumerium as a Driver for Acquisition & Engagement
  2. Yumerium as a Gaming Community with reward
  3. Yumerium as a Crowdfunding platform
  4. Yumerium as a decentralized payment gateway

An open source decentralized blockchain platform, it will be driven by game tokens (YUM), which will be a universal payment unit to purchase any games or in-game goods and advance through the favorite game. The team believes that such a project will make the gaming experience way more interesting and exciting while connecting gamers and developers from the whole globe on a single platform.


How the Yumerium Platform Will Work :

The Yumerium platform will offer opportunities for gamers, publishers and developers to benefit from it.
New games can join the platform and will be allocated “seed funds” in YUM tokens for doing so. The developers of those games can use their allocated YUM to attract a new audience by offering rewards to players who spread the word about their game and bring in new users.

In turn, gamers will be able earn YUM tokens by playing, sharing and reviewing games. They can then use the YUM they have earned as currency within the games they play (or of course convert the YUM to other cryptocurrencies or fiat on exchanges).
It will be possible to use YUM in all games that support Yumerium and the company expects that the number of games on their platform will increase substantially over time.
There will also be the possibility of new games using Yumerium to crowdfund, receiving YUM tokens for marketing purposes if successful.

Issues with existing gaming

  • High transaction fees
    gamers pay an arm and a leg in transaction fees and have long wait times before they can get in-game assets. These fees are mostly levied by money transfer agents like banks and mobile money service providers.
    Fraud: - these are irresponsible gaming practices like player collusion to control outcomes, money laundering, and compulsive gambling. They kill game following as most online gamers will not risk their money with outfits that are deemed to attract fraud.

  • Delayed payments
    Banks and other financial institutions treat gaming money with suspicion, and a lot of background checking also means that you will have to wait before you can collect your winnings.

  • Unfair Centralized gaming
    Since centralized gaming is made to maximize profit for the companies, they do not disclose how their gaming algorithms are designed. As much as these algorithms are legally classified as trade secrets, in-house gaming developers can manipulate outcomes unfairly to favor ‘the house.'

  • Payment minimum limitations
    Financial institutions will put minimum deposit limits for gaming payments, which routinely locks out most potential gamers.

Yumerium’s Solutions

Decentralization has brought a paradigm shift in this industry, and Yumerium is poised to take a leading role in alleviating these pains with legacy centralized gaming platforms.

  • Acquisition and Engagement
    All developers who bring their games for hosting at Yumerium will receive a seed fund in YUM.

They will then use it to create attractive viral marketing strategies to attract and keep players to their games.

  • Incentivized gaming
    Game developers will use YUM rewards to pay gamers each time they play, share on social media, up-vote, like or simply leave reviews after using the game.

Yumerium will encourage its developers also to create bounty programs that enable their users to bring in more users and increase their gamer base.

Once they have the YUM, gamers can buy in-game assets or game money and use it to play the game they choose. They can also interchange assets between games.

  • Crowdfunding for Game Developers
    Game developers and Studios will have a perfect opportunity to fund their development efforts through crowd sales of tokens to the most targeted interest group – the gamers, through Yumerium.

  • Decentralized Instant Payments
    Through peer to peer payments to developers, earnings will instantly be paid immediately the money is availed through smart contracts.

This is a major departure from centralized payments that have long wait times before the money can reflect.

Yumerium will allow the payments to be done in YUM, with more cryptocurrencies expected to be added over time.

ICO Detalis

Here are the main details about the token sale:
· Token: YUM token
· Maximum number of tokens: 634 million
· Tokens available during ICO (hard cap): 317 million (i.e. 50%)
· Token price: 1 YUM = $0.10
· Sale starts: 23rd May
· Sale ends: TBC

The allocation of funds will be as follows:
· Token sale: 50%
· Founders & Advisors: 20%
· Network Seeing: 20%
· Company reserve: 10%


RoadMap

Team and Advisors


The project team already has good results at the initial stage of development: created Subdream labs with key talents and extensive experience in the gaming industry, these are members from Subdream Studio and VR Plus. 2.3 million dollars have already been collected on token pre-sale. In Korea, they own 29 virtual reality platforms. That is, it is not enthusiasts with an obsession, but practices with successful cases.

For further Information about Yumerium project and ICO please visit

Official Website: http://www.yumerium.com/
Official Whitepaper: http://www.yumerium.com/whitepaper.pdf
Facebook page: https://www.facebook.com/Yumeriumtoken/
Twitter page: https://twitter.com/yumeriumtoken
Telegram group: https://t.me/joinchat/H5o7EE7ncnHvSXJJYWSLYg

Author: Name (garbuzyachaKasha) - https://bitcointalk.org/index.php?action=profile;u=1661908

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