About Yumerium Ico
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, e.g. giving out YUM for watching promotional videos, sharing links to social networks, leaving a review for their game, etc. Through this reward system, gamers will be more incentivized to participate in the community proactively.
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.
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.
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Token Name: Yumerium(YUM)
Price: 1 YUM = $0.1
Hard cap for Token Sale: 316,906,850
Accepted Payment: ETH, BTC
Era Of Gaming
Blockchain and smart contract technology is opening up a new era of gaming by giving gamers chance to earn a 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 gaming experience!.
Yumerium has a track record of leading the evolution of gaming business model from “pay-to-play” to “free-to-play” with GalaNet which ran the first free-to-play game publisher gPotato in the US. Now, Yumerium is leading the next revolution to “earn-to-play” model with a team of experts and groundbreaking block chain and smart contract technology.
Existing payment solutions built by the centralized organization that owns full control of the transaction have critical limitations in supporting proper value exchange in games.
- High transaction fee
- Delayed payment
- Global transfer fee
- Lack of multi-party payment option
- Lack of micro-transaction support
- Lack of data transparency
These issues limit the proper transfer of value created by gamers and hinder broader user participation that could add more value to the game community. Outside game item trading, there is no other way for gamers to realize the proper value of the items or transfer the earned value to another game for another entertainment.
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The game industry is $109B market today and expected to reach $128B by 2020 with 6%+ CAGR. Yumerium expects that to accelerate with the “earn-to-play” paradigm shift as we saw with “free-to-play” game. YumeriumYumerium will be leading the market by quickly testing the concept in the market with its own games as well as partner games.
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, e.g. giving out YUM for watching promotional videos, sharing links to social networks, leaving a review for their game, etc. Through this reward system, gamers will be more incentivized to participate in the community proactively.
- Token Sale 50%
- Network Seeding 20%
- Founding Team & Advisors 20%
- Reserve 10%
50% of the fund will be used for developing native Yumerium games, CryptoMine being the first native game that is fully integrated with the Yumerium system. The successful launch of the games will be critical for battle testing the system for a broad adoption later. We’ll allocate 10% to the development and 15% for the operation of Yumerium system. The company’ll separately allocate 20% for the marketing and community development as “Marketing Fund” which will be critical for bringing new gamers into the community.
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