YUMERIUM PROJECT ((ICO REVIEW 2018))-AN INCENTIVEZED OPEN GAMING PLATFORM

dprince2281 (5)in #dprince2281-yumerium • 6 years ago (edited)

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INTRODUCTION:

Hi! everyone all over the world, as usual ! all of you know's, I always carry you along with any information about good crypto related projects through my blog.

The gaming market is booming, with a total revenue exceeding $100 billion. There are more than 2.3 billion active players in the world, and this number is growing rapidly. We should redefine how we think about this industry. This is not purely about playing anymore. Most games now provide consumers with entertainment on three different levels: playing, viewing, and creating. Game studios are evolving into all-around entertainment companies, erasing the boundary between gaming, media, telecom, and traditional sports industries. Below, you can see the revenue breakdown per segment.

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Not all games are created equal, so not all of them are blockchainable. There are, largely, two types of games from a monetization standpoint:

•The “pay-to-play” model (i.e., players pay real money to get access to the game)

•The “free-to-play”, which come in various forms, such as freemium, pay-to-win, etc. The monetization depends on how the in-game content is distributed among players and how it affects the game balance.

In the modern gaming market, developers often use a combination of these techniques to attract users and to retain their attention. The most widespread model is free-to-play since it does not have any entry barriers. The same model enjoys the greatest interest among blockchain projects since it is based on a large number of microtransactions inside the gaming universe. But rare are projects that concentrate on one particular game; usually they tackle issues with the infrastructure in general.

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But let’s go back a little into the past, where games like this all start. The first attempt to merge blockchain technology with gaming resulted in HunterCoin back in 2014. It was a simple, online multiplayer game, where players collected coins in a virtual universe, with some p2p battles over resources. This however, was mainly a ‘proof of concept’ and it had many drawbacks.

Spells of Genesis was next. It’s a trading-card game that includes arcade-style gaming aspects. At the time, the card trading games market was already heated with Hearthstone from Blizzard, along with many other small competitors. ‘Spells of Genesis’ broke into the empty crypto market, raising 934 BTC during the ICO. Thus starting a new wave of crypto-gaming, with dozens of projects popping up on the market from then on.

The next step was to create closed universes with in-game cryptocurrency. Here are just a few:

•Beyond the Void – RTS (real-time strategy) game with MOBA (multiplayer online battle arena) elements

•Lordmancer 2 – MMORPG

•Skara – game development studio with its own digital universe

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These games are digital universes with in-game currencies for trading digital assets and buying content. This approach, however, is a little controversial. Implementing the blockchain into these types of games definitely offers some advantages, but until their currencies operate in a closed ecosystem, they will not achieve mass adoption. They either need to look for partnerships with other games, shifting assets back and forth, or search for additional use-cases outside the games for their coins.

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Currently, we are right at the beginning of this trend, with a number of technical problems inherited from the blockchain ecosystem, such as scalability and speed. The set of games available is highly limited, and the blockchain is almost unusable for real-time games. As blockchain infrastructure evolves, it’s likely that we will see a growing interest in implementing blockchain into some gaming mechanics to increase trustworthiness, but we are not there yet…we need the ecosystems first. So, let’s try to consider the possibilities of using blockchain in the current gaming infrastructure.

In reference with the motion of this article, Today, I will be presenting you a particular undisputed project called: YUMERIUM

WHAT IS YUMERIUM?

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Yumerium is a platform to publish and promote games utilizing cryptocurrency and blockchain technology across all platforms including PC, mobile, and VR. The goal of Yumerium is to create an ecosystem that revolves around game developers which incentivizing gamers to play, win, and have fun YUM is the Yumerium Token and it will be used on the platform's gaming system to help players get access. It can also be earned by playing, sharing and reviewing games and spent in any gaming network or system that supports Yumerium. Game developers can use YUM to attract and engage with users by using marketing tools such as referral bonus or airdrop/bounty campaign.

ABOUT YUMERIUM

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With blockchain and smart contract technology, we believe Yumerium can offer 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.

As a platform for games, Yumerium will provide technical platform for games to integrate key functions like payment, license management with DRM, incentive system, and a gaming token with real value. The last function, the gaming token, is the most important of all, as it can be used for every aspect of building, distributing, enjoying next generation games.

The Yumerium token is a utility token with real value designed for all gameplay and game development processes. Thus, games based on Yumerium can attract gamers by providing earning (“mining”) opportunities of Yumerium token, which can be used to purchase games or items in all games that support Yumerium. It will also be a game publishing platform for game developers to reach the Yumerium community with promotion tools and incentives associated with Yumerium, including but not limited to

Allocation of “Seeding Fund” that will be open for earning (“mining”) by players.
Marketing budget that incentivize players to play and share with their friends, and to speculate and review games for fellow gamers for Yumerium rewards.
Crowdfunding opportunity that gives game developers the opportunity to test their games with the Yumerium community and get funding for their game if the campaign is successful.

Yumerium will also provide cryptocurrency based payment solution that offers a lower fee and instant payment. This is done by removing intermediaries and using blockchain for transparent transaction record which can be audited by anyone any time.

YUMERIUM TEAM BOARD

ROADMAP***