Brief Analysis of the Roadmap and the ICO Distribution
As the first-ever Blockchain-based gaming platform Yumerium is ready to change the face of established gaming structures by proposing the brand new “earn-by-play” model. Users get awarded rewards for playing games and spreading the good word about them. The initiative comes from the hand of the team working at Subdream Studios. They have a planned roadmap to achieve their ultimate goal for a brand new business model for the gaming industry. Their first step was to launch a series of games developed by the studio to show off their capabilities. The second step on the roadmap is to deliver the first ever game fully integrated to the Yumerium Blockchain. The third step is to launch the partner support.
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The Roadmap so Far
So far the company has delivered on the first part of the plan, the games Dream Pets, Kingdom Watcher, Mega Overload and Hell Dimension are all available to show off the company’s capabilities on game development. Their second step is well underway; the game CryptoMine will be launched in the 3rd quarter of 2018 for iOS, Android and web platforms. The premise of the game is to become very rich by mining, collecting, and trading crypto stones. Every single action done by the player will create a registry on the blockchain logs of the company. By the last three months of the year, the company will be opening their software development kits to other publishers and developers that wish to join the ecosystem will all the advantages that come with it.
Details on the ICO sell
As it’s customary, this type of initiative is seeking to fund further development by offering a public ICO sale that will take place between April 22 and May 19 of 2018. Yumerium has issued 500 million units of YAM tokens to be paid in USD, Ethereum or Bitcoin. Each piece will be sold at a market value of $0.1 per unit.
The distribution of these tokens will go as it follows:
- 50% will be offered at the pre-sale and public sale events.
- 20% will be used to create the seeding network.
- The other 20% will be shared between the founding team and the advisors.
- 10% will be put into a reserve fund to be used at the discretion of the developers.
The public sale event it’s hard capped at $5 million.
Funding Distribution
Once the crowdfunding has ended the allocation of the funds collected will go as it follows:
- 50% will go to further development of native games in the Yumerium platform.
- 20% will be used in the marketing community fund.
- 15% will be used to cover the costs of day-to-day operations.
- 10% will be used for further development and upgrading of the YAM token system.
- 5% will be used for legal expenses wherever they might be necessary.
Despise being on good financial footing the company is looking to share their vision with as many people as they can with this public sale. Subdream Studios has raised $2.3 million from marquees investors so far, but they are pushing for public acceptance before embarking on their efforts.
To learn more about the extension of Yumerium’s plan you can visit: