Yumerium - the open gaming blockchain platform project

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

Yumerium is a gaming platform on which gamers will have an opportunity of earning tokens by playing games and watching other participants play. The gamers will be able to buy and sell various items in the games for the digital currency which will make the gaming experience more interesting and attractive.

The developer team

Subdream Studios is the company behind the Yumerium project that specializes on the VR (Virtual Reality) technology. Their headquarters are located at Los Altos, CA, USA. The company’s ambitious and innovative project will be leading the avant-garde of the blockchain technology while aiming for the use of the cryptocurrency’s advantages in the gaming industry.

The Subdream Labs team was formed to develop and realize the project. The team was formed from the members of Subdream Studios and VR Plus. Following people are working on the creation of the Yumerium blockchain platform:

Jikhan Jung (Founder and CEO of Subdream Studios, CEO of COLOPL NI, Executive Producer of Kabam, Co-Founder & CEO of Gala-Net)
Francisco Martin (CTO of Subdream Studios, Game Director at Virtual World Arcade, Graduated from Georgia Institute of Technology)
Jaehyun Lee (Chief Security Officer, CEO of Hurbit, CEO of Super Bee, CEO of Zen Software)
Khoi Le (Game Programmer, Graduated from Stanford University, G.M. of Subdream Studios, Head of Department of social media of BoostVC)
Wong Sang Choi (Chief Growth Officer, Graduated from Stanford University and Seoul National University, MBA trainee of Blizzard Entertainment Engineering and Technology)

The project’s market prospects review

The blockchain technology and the smart contracts are the dawn of a new age of the gaming industry. Now that gamers are going to have an opportunity of earning coins, these coins could be spent on the game’s virtual currency or some other various in-game artefacts. The project’s authors are claiming that this innovation is going to make games both more attractive and enjoyable.

The payment options which are present now as an option given by the centralized gaming services are flawed by a number of critical limitations. Some of these limitations include the high fee for the transactions, the long waiting period of the payment, the absence of the capability of using the purchased in-game currency for other games and a risk of scam. These limitations are stopping the gaming audience that could have been more active in the gaming events from growing.

Nowadays the annual turnover of the gaming industry has reached the astounding mark of 109 billion dollars and will reach 128 billion dollars until 2020. The Yumerium prognosis states that the most of the influence on the market growth will be coming from the games with the earning potential.

At the first stage after launching of Yumerium there will be 5 games in total available:

Dream Pets VR;
Kingdom Watcher;
Mega Overload
Hell Dimension VR
CryptoMine (At the stage of development)

Yumerium Core Scheme

Every step you take while using the blockchain is traced and then verified. After the verification is complete the tokens are transferred. The exact amount of tokens earned for each specific action is registered in the smart-contract with a clear transparency.

The project is using the Ethereum blockchain as the basis for its products. The pick was made to secure the project from scam and to establish a path of growing further by adding new games to the platform. Besides, the Ethereum blockchain is considered the strong basis which is also required for gamers and the Yumerium developers alike as a boost of confidence. The ERC-20 standard will provide an opportunity for the users of using any E-wallet compatible with Ethereum while being incognito.

How to earn with Yumerium?

The Yumerium platform has to offer various ways of exploitation for gamers, publishers, and game developers. After a new game makes it to the platform, the developers are granted so-called "seed funds" in the YUM tokens as a starting capital for developing the game. The developers of the new games will use the funds to offer gamers an income from watching commercials. They will also use seed funds for links in social networks, publishing game reviews and attracting new players etc.

The gamers will earn the YUM tokens for playing games, advertising them and spreading the word. The income could be used for the in-game currency or converted into another cryptocurrency or the fiat money on exchanges. The YUM tokens will be accepted in all of the Yumerium platform’s games. The project authors are expecting the number of games on the platform to rise over time.

For new games on the platform, there will be an option of crowdfunding. The earned YUM tokens will be used for the marketing purposes if a gaming project is proven successful. "Marketing Fund" will be responsible for financing such projects. Every transaction such as replenishment and withdrawal of funds will be processed almost instantly and with the minimal fee. At the first step of development, Yumerium will support such cryptocurrencies as BTC and ETH with a possibility of further expansion of the list.

CryptoMine, the first native Yumerium game

CryptoMine will be the first native game of the Yumerium platform. The game is a new approach to a mining simulator playing which gamers will try to become rich by inventing, mining and also trading the CryptoStones in-game artifacts. The Yumerium developers are going to launch the browser game version in the form of an app on both IOS and Android. The game will be a closed-beta until the completion of testing.

The benefits of the Yumerium partnership for game developers

Game developers that are willing to work with the platform are granted certain advantages and benefits:

A decentralized solution of the cross-platform payment with a minimal fee and almost instant transaction completion time;
Availability of incentives to attract new users and to keep the gamers active;
Marketing (Games made by the third-party developers can be easily accessed via the Yumerium and Subdream.World communities);
Wide opportunities for game development even at the first stage by posting a poll in the community or by using the financial resources given by Yumerium to its partners;

The project’s development plans

August 2018 – Launch for the SubDream games & native coin lunch
3q of 2018 – Launch CryptoMine with Yumerium support
4q of 2018 – Launch partner games & establish third-party support
1q of 2019 – Broad adoption with third-party games

Will the Yumerium project be a huge success?

The Yumerium project team has more than enough collective experience to get there. This is one of the most important aspects of each ICO out there because the team defines the project’s success. The Yumerium creators are up for leading the world gaming market by presenting the brand-new innovative platform.

Considering the current popularity and flow of the gaming market, the platform can rise to acclaim and the YUM token to grow in price leaving the room for the potentially smart investment options.