Yumerium: A reward paying ecosystem for the gamers of new generation

adnanzeal (38)in #ico • 6 years ago (edited)

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Yumerium is a new gaming economy whose aim is to facilitate the transaction between developers and gamers, it is decentralized platform based on the blockchain technology which will be satisfying the needs of each member in the gaming industry. It is a platform where all the developers , gamers, and retailers will be united in one ecosystem and support to any innovation in the gaming industry with financial assistance in term of local currency i.e. YUM token.

Yumerium can offer the outline of a game model using the digital deficit system and cryptosystem with the help of blockchain and smart contract technology. Proper compensation is there for those who are loyal gamers, and for game developers they will be able to get new viewers with the help of transparent marketing tools. For games, it will provide a technical platform which integrates key functions such as payment, incentive system, license management with DRM, and gaming token with real value. This platform has the availability of cryptocurrency-based payment solution that offers instant pay with lower fees by removing intermediaries and a transparent transaction record that can be verified by anyone at any time.

There will be limited copies of games whose possession will be done through authentication using a private key or an associated account. All copies of games owned by the user which is limited in nature will be shown in the Yumerium blockchain. But, currently the gaming industry is facing various problems such as expensive marketing of games, problem of piracy, inappropriate sharing of revenue, low participation due lack of trust in prize campaign, obstructive reviews, etc. Yumerium will provide solution for all these problems and provide more transparent and secure platform based on the blockchain technology.

All the actions of users will be recorded in blockchain and then tested after that the tokens will be transferred. Smart contract technology will establish the exact number of coin associated with the specific action of the user and will provide complete transparency. Ethereum blockchain is the basis of this platform which is made as a part of fraud protection and it will provide to build strong confidence among the players as well as the developers on this platform. Users will have complete anonymity to use any wallet which is compatible with Ethereum in order to send and receive tokens earned in games.

Yumerium platform will be beneficial for everyone where participants will be able to receive YUM token by playing, sharing, reviewing and spent in any game that support Yumerium, gamers will receive token in for the progress in their game, distributors will get reward by distributing it and adding new members in the ecosystem, and developers as they will earn on development along with the actions of gamers hand with the games.

ICO Token details:

Token abbreviation: YUM

Smart Contract Standard: Ethereum (ERC-20)

Hard cap: 316 906 850 YUM

The price of one YUM: $ 0.1

Accepted currency: BTC, ETH, USD

Token distribution:

· For crowdsale - 50%;

· For Network Seeding - 20%;

· For team of founders and advisers - 20%;

· For reserve fund - 10%.

Distribution of funds:

· For Native Yumerium game development - 50%;

· For fund for marketing and community development - 20%;

· For operation of Yumerium - 15%;

· For development and modernization of the system of tokens - 10%;

· For legal support costs - 5%.

Conclusion:

As we all know that the success of any project depends on its team, and the Yumerium team have enough collective experience to make it succeed. For the first time there will be access for internet users to online games using "earn and play" formula and this will empower all the participants and expand the market as well. It remains to delight at the arrival of a new round in the advancement of the gaming industry.