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.
In the free-to-play economy, a small number of big companies have emerged and have become strong powerhouses. These companies control almost every aspect of gaming, including marketing, distribution, and payment. All of this is set on a centralized platform independently owned by each company to minimize costs and maximizing revenue. This also mean that said companies can determine which games are featured on the platform and force game developers to use their payment system. This lack of transparency and obligation ends up costing game developers a lot.
Loyal gamers play a significant role for the success of a game, but they do not really have ownership of their games; they instead have a license to play the game on a platform. So gamers cannot resell their digital purchases as they could with physical disks and cartridges. Because of this, gamers have not been properly compensated for the value they have created. Even worse, some gamers fall victim to fraud when third party sites promise compensation for hard-earned digital items.
With blockchain and smart contract technology, we believe Yumerium can offer solutions to these problems along with the introduction of the earn-to-play model with digital scarcity and crypto incentive system built in. Loyal gamers are properly compensated and game developers reach new audiences with transparent marketing tools.
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 review for their game, etc. Through this reward system, gamers will be more incentivized to participate in the community proactively. This incentive will be funded from the publisher’s “Marketing Fund” pool.
The first generation of the digital revolution brought us the Internet of information. The second generation—powered by blockchain technology—is bringing us the Internet of value: a new, distributed platform that can help us reshape the world of business and transform the old order of human affairs for the better.
Blockchain is the ingeniously simple, revolutionary protocol that allows transactions to be simultaneously anonymous and secure by maintaining a tamperproof public ledger of value. Though it’s the technology that drives bitcoin and other digital currencies, the underlying framework has the potential to go far beyond these and record virtually everything of value to humankind.
Yumerium is focused in building the ecosystem of players to enjoy the benefit of service. If a game developer has a great game and want to go to a platform, they have to pay a fee of 30%. On Yumerium ecosystem the players can own their credit by playing the game, so the platform fee can be reduced, close to zero.
PROBLEMS IN THE INDUSTRY
Game marketing is too expensive.
Game piracy makes limited copy run impossible.
Game revenues are not shared appropriately.
Digital Games cannot be resold.
Players wait for pirated game instead of buying.
Player retention requires continuous game updates and support.
Low participation rates in prize campaigns.
Prize campaigns lack trust.
Influencers get little to no compensation.
Reviews are sometimes unhelpful.
Crowdfunding pledges does not necessarily mean the user will pay.
Crowdfunding website fees are expensive.
SOLUTIONS OFFERED BY YUMERIUM
Reduce middlemen in the marketing process and give the tools directly to developers.
Blockchain verifies ownership of the limited edition copy.
All parties receive the appropriate compensation simultaneously, automatically, and cheaply.
Blockchain licenses and ownership can be resold on the Yumerium.
Incentivize early consumers with token rewards and limited copies.
Give developers tools to run campaigns intermittently, elongating the update cycle.
Make the process simpler by only asking information of the winner once.
Host prizes on a decentralized network, prize is public but locked until winner claims.
Give out referral codes to buy games at a discount and compensate influencers.
Compensate reviewers that readers deem helpful.
Users pay with Yumerium tokens at time of pledge.
Decentralized the system to allow independent campaigns or cheaper campaigns through Yumerium.
The ultimate goal is to help developers in popularizing games and encouraging consumers to make money by spending time in their favorite games.
The main bonus is the absence of intermediaries between these parties, thus minimizing the risk of buying counterfeit goods.
Gamers will immediately purchase game licenses for tokens installed inside the platform.
The vision of this project is to disrupt the gaming industry with blockchain and smart contract technology, Subdream Labs are created with key talents brought in from Subdream Studios and VR Plus who have extensive experiences in gaming industry. $2.3M is raised from marquee investors globally.
FEATURES OF YUMERIUM
Cryptocurrency with tangible value by allowing users to use the currency on any venue that connects to the Yumerium blockchain. These systems can be owned by Subdream Labs, or developed by non-affiliated parties.
Open, trustworthy, and secure smart contracts that verifies the authenticity of developers and gamers. When both parties know that the system cannot be taken advantage in favor of one party, both parties can trust each other and exchange tokens.
Token rewards for game achievements to allow developers run contests and marketing campaigns cheaper, safer, and easier than ever before. Developers can then motivate gamers to play and improve retention metrics, while gamers can receive tokens to spend in any Yumerium game.
Compensate influencers for referring or reviewing games. Spread the word with a tool more powerful than traditional ads; the word of a trustworthy internet celebrity.
Decentralized crowdfunding to safely fund future projects through gamer support. Since no one controls the system, campaigns are far cheaper than those of traditional crowdfunding sites.
True limited edition copies of digital games and in-game collectibles. With the power of the blockchain, ownership of digital assets can be verified. Due to the scarcity of such items, their value continues to grow, rather than stagnate. Owners can then sell these items to the highest bidder.
HOW YUMERIUM WORKS
Yumerium (YUM) is a gaming token that can be earned by playing, sharing and reviewing games and can be spent in any game that supports it. YUM integrates marketing tools such as referral bonuses or bounty campaigns to attract and engage users.
TOKEN SALE AND ICO DETAILS
The Yum token is a multi-utility token relevant for gamers and game developers alike. It will be used as a mode of payment to buy game money and other items, as rewards, and as marketing and other investments.
The token is built on Ethereum platform. The price of 1 YUM will be USD 0.1. The accepted mode of payment will be USD, BTC and ETH. The hard cap is fixed at 500,000,000 tokens. 50% of the funds will be used for building native yumerium games.
The presale of tokens will take place between April 22nd and May 12, 2018(discounts will vary from 30% to 10%). The public sale will take place from 13th of May to 19th of May at a discount of 5%.
YUM TOKEN DETAILS
Token Name: Yumerium(YUM)
Price: 1 YUM = $0.1
Hard cap for Token Sale: 500,000,000
Accepted Payment: USD, ETH, BTC
JOIN THE EVENT SALE HAPPENING NOW
Token Sale 50%
Network Seeding 20%
Founding Team & Advisors 20%
For more information, please visit the links below;
ANN Thread: https://bitcointalk.org/index.php?topic=3272290
Bounty Thread: https://bitcointalk.org/index.php?topic=4465888.0
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409