Yumerium ICO (YUM Token): Blockchain VR Arcade Gaming
About Yumerium ICO
Blockchain and smart contract technology is opening up a new era of gaming by giving gamers chance to earn game token by participating in games. The game token can be used for buying game money for any game that gamers want to play or buy game items. This will make gamers even more engaged and bring more fun to the gaming experience.
Existing payment solutions built by the centralized organization have critical limitations, such as high transaction fee, delayed payment, global transfer fee, lack of multi-party payment option, lack of micro-transaction support, fraud and lack of data transparency. These issues limit the proper transfer of value created by gamers and hinder broader user participation that could add more to the game community.
The Many Faces Of Yumerum
Youmerium as a driver for acquisition:
Each game on the Yumerium platform will be allocated with the initial seeding Fund in YUM to attract new gamers to the game. Consequently, a gamer will earn YUM by playing, sharing, reviewing game. Gamers who have YUM will use YUM to pay for game money. Game developers can use YUM that they have to attract and engage with users by using marketing tools such as referrals bonus or airdrop/bounty campaign.
Yumerium as a Gaming Community:
Yumerium is a gaming community where gamers share their experiences with other gamers which is a true form of viral marketing. Gamers will be properly compensated with YUM for such efforts. Game developers can set up rewards for the gamers with Yumerium as they want. Through this reward system, gamers will be more incentivized to participate in the community proactively.
Yumerium as a Crowdfunding platform:
Yumerium will help indie game studios run crowdfunding campaign within Yumerium community, the place where the true game lovers are. Crowdfunding will be done through Yumerium and each campaign can receive earnable YUM that can be used for their marketing.
Youmerium as a decentralized Payment Gateway:
With blockchain technology and smart contract, Yumerium will decentralize the payment system by removing middlemen from the transaction between gamers and game developers. Payment can be done instantly and transmitted to game developers and whoever has the right to take her share per smart contract with minimum transaction fee much lower than the fee conventional PGs charge and work globally without FX risk.
Yumerium (YUM Token) ICO
YUM is going to be an ERC20 type token which is powered by Ethereum blockchain. A total of 500 billion tokens will be in circulation and out of which 50% will be allocated for Token Sale, 20% will be put aside for Network Seeding, 20% will go to the founding team and advisors and 10% will be reserved for saved for reserve. The public presale starts on May 23rd with a discount rate starting with 30%. The price of 1 YUM is $0.1is opening and they accept payments in ETH and BTC.
50% of the funds raised will gamers chance for developing native Yumerium games. They will allocate 10% to the development and 15% for the operation of Yumerium system with a 20% separate allocation for community development as Marketing Fund.
Token Symbol: YUM
Token Pre Sale Starts: May 23th, 2018
Token Price: $0.1 USD
Total Supply: 500 Billion
Token Standard: ERC20
Hard Cap: 316,906,850 Million
The gaming industry is worth $109 billion in the market today and is expected to reach $128 billion by 2020. It is expected that he earn-to-play paradigm will boom in the same trajectory as the free-to-play model. Yumerium wants to lead the market by quickly testing the concept in the market with its own games as well as partner games.
You can find out more about the product on http://www.yumerium.com/ .
All additional information about the Yumerium project can be found in the official sources:
ANN THREAD: https://bitcointalk.org/index.php?topic=3272290.0
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=4465888
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2326040