Yumerium; Play, Review and Share to Earn Game Platform

The end goal is to create a more engaging game and bring more fun to the overall gaming experience. This is what Yumerium offers.

Yumerium; Play, Review and Share to Earn Game Platform.

The advent of Blockchain technology and smart contract has created a sort of revolution across different industries and aspects of human life, gaming included. Thanks to these technologies, gamers can now earn game token every time they participate in games.
Furthermore, they’ll be able to use these tokens to purchase game money for any game that interest the gamers. The token can also be used to buy game items. The end goal is to create a more engaging game and bring more fun to the overall gaming experience. This is what Yumerium offers.

HOW IT ALL BEGAN

This concept is not particularly new. The team behind this platform already has an established record as the ones that evolved the gaming business from “pay to play” to “free to play”. They achieved this through GalaNet, which ran the first publisher of free-to-play games in the United States, gPotato.
Now, the same team is leading the revolution to a new model, the earn-to-play. This is going to be done in partnership with a team of experts, smart contract and Blockchain technology. The platform also seeks to solve some of the problems with the existing system.

PROBLEMS WITH THE CURRENT SYSTEM

The problem with the current gaming system is same as any system built around a centralized organization. There is a poor support of proper value exchange in games. These include;
• Delayed Payment
• Lack of Multi-party payment options
• High Transaction Fee
• Global Transfer Fee
• Lack of Data Transparency, etc.
The fact that gamers are limited by the transfer of value has prevented a larger user participation that could have easily add more value to the gaming community.

HOW YUMERIUM WORKS

You need to have a basic knowledge of the core mechanics to get a complete picture of how Yumerium works. These include the game developer, offline platform, players and the online platform.

A DRIVER FOR ACQUISITION AND ENGAGEMENT

A game that joins this platform is expected to receive an initial seed funding in YUM to serve as an attraction to other gamers. These gamers will then have the opportunity to earn or mine the YUM by either sharing, playing or reviewing the game. After earning the YUM, they’ll be able to use it to pay for game money.
Game developers on the other hand will be able to use the YUM in their possession to attract and engage with users. This will be done through the use of marketing tools such as referral bonuses, bounty campaign and airdrop.
Conclusively, the seeding money is expected to create a cycle that’ll benefit all the people involved. This token, YUM can be used in all games that support Yumerium. And, the number of games on this platform is supposed to increase with time.

A GAMING COMMUNITY WITH REWARD

Think of Yumerium as a community where gamers can share their experiences with other gamers on the platform. This is a great way of form of viral marketing and gamers will be compensated as such. They will receive YUM for their efforts.
The developers will have the opportunity of setting up rewards for the gamers on this platform. Such reward can come in the form of giving out YUM for watching promotional videos, reviewing the game or sharing the link via their social media account.
This will serve as an incentive to make gamers participate in the community actively. According to the whitepaper, this incentive is expected to be funded from the token reserved by the publisher for marketing, i.e. the “Marketing Fund” pool.

A CROWDFUNDING PLATFORM

Yumerium will offer indie game studios the opportunity to run a crowdfunding campaign within the community. Each campaign can receive an earnable YUM, which will be used for marketing.
Now, if a game is successfully funded, the developer will be granted access to a “Marketing Fund” which will be used for the game launch marketing. This is supposed to encourage the early participation of game lovers.

DECENTRALIZED PAYMENT GATEWAY

The use of smart contract and Blockchain technology makes it possible for Yumerium to decentralize the payment system. That means, no more middlemen in the transaction between the gamers and the game developers.
We are talking about instant payment into the wallet of the developers any other individual that is entitled to a part based on smart contract. Another great thing is that, it offers a significantly lower transaction fee than the traditional payment gateways charge.

TOKEN SALES

The token name is Yumerium, with its ticker being “YUM”. According to the whitepaper, the token is expected to be sold at the price of $0.1 per YUM. The hard cap for the token sale is 316,906, 850 and only two cryptocurrencies are accepted as payment method. These include Ethereum and Bitcoin. So, how exactly will these tokens be distributed, you ask?

TOKEN DISTRIBUTION

Half of the total token supply will be used for the token sale. That leaves another 50 percent remaining, which will be used for network seeding, reserve, founding team and advisor.
Twenty percent of the token supply will be used for network seeding, while the founding team and advisor will receive another 20 percent. Finally, 10 percent of the tokens will be reserved.
TOKEN SALE SCHEDULE AND DISCOUNT PLAN
The token sale is expected to start off with a public presale, which is supposed to take place on the 24th of May, 2018 at 2:00 AM UTC. Participants are expected to enjoy a discount rate of 30 percent in this event.
The second presale begins immediately after the first, on 10th of June, 2018. This bonus offered here, at 20 percent, is a little lower than the first presale’s. The third presale starts on the 26th of June and is expected to end on the 1-th of July. The presale 3 bonus is 10 percent.
The main sale starts on the 7th of July 2018 and it offers 5 percent bonus to participants.
There are additional volume bonus tokens you should know about. Go through the whitepaper to find out more about it.

ALLOCATION OF FUNDS

Fifty percent of the fund raised during these events will be used for developing Native Yumerium games and 20 percent will be used for marketing and development of the community. Yumerium operation is expected to receive 15 percent of the fund and 10 percent of the fund will be used for developing and upgrading the token system. The Final 5 percent will be used for legal matters.

THE INVESTORS

Yumerium has the support of popular platforms such as HTC, MACRO, Bridge Link Capitals, among others. Check out the whitepaper to find out more about this project.

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Source

Website: http://www.yumerium.com/
Whitepaper: http://www.yumerium.com/whitepaper.pdf
Ann Thread: https://bitcointalk.org/index.php?topic=3272290.new#new
Twitter: https://twitter.com/yumeriumtoken
Facebook:https://www.facebook.com/Yumeriumtoken/
Telegram: https://t.me/joinchat/H5o7EE7ncnHvSXJJYWSLYg

Authored by: gbenga88
Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1874687
Eth Address: 0xdcef7d27bbaae609accdaf43ccf41b042beaffb4