The Better Way to Invest in Gaming (available May 2018)
Every investment involves at least some degree of risk; every now and then, an opportunity strikes where the risks are minimal. Such products manage to thwart the industry-specific risk and ride the wave of trends in the industry. A great example of this was the Texas oil boom; as a huge population gambled on purchases of plots of land hoping to find oil, a few clever folks realized that the secure way to profit from the oil boom was not by gambling on plots of land but by selling supplies and tools to those who were taking the gamble.
At present, a number of industries are facing a massive boom, and one such industry happens to be gaming. As technology is increasingly merged with people’s lifestyle and globalization has led to the growth of middle class across the world, gaming is becoming more and more popular. Consequently, a large number of companies, both established and new, are attempting to take a piece of the gaming pie. While the gaming industry is welcoming to new products, only the best are able to survive in the long run. A new blockchain project, Yumerium, will be able to benefit from the growth of this industry without having to make gambles on actual game publishing.
The Better Approach
Yumerium is developing a platform where developers are able to provide games directly to gamers. This allows Yumerium to have a stake in the gaming industry’s boom without having to take the risks of publishing different games.
Yumerium will have a heavy appeal to developers hoping to gain better returns on their efforts and those who have been overlooked by the publishing corporations. As these developers create games on the platform, they take the risk; Yumerium itself does not expense any resources. Conversely, if the developers create a successful game, they reap the rewards along with Yumerium as the platform gets a growth in userbase.
Additionally, Yumerium does not need to expense much to promote itself. The platform itself rewards users who review and promote games on it. The rewarded YUM tokens are allocated by the developers. So, Yumerium makes way for an open economy for gaming. The platform itself is free from the risks attached with developing new games yet it benefits from the growth of the gaming industry. By simply being the channel which connects the market supply and demand, Yumerium is able to offer a powerful value to the gaming community; the developers will take the risk (and will reap the rewards) of game development.
Token Metrics
Yumerium has a hard cap of $20M and a soft cap of $3M; YUM tokens are priced at $0.1. Half of all tokens are available in the token sale and all unsold tokens will be burned; this means a significant portion of the tokens will either be backed by investor money or will be burned. All tokens allocated to the founding team and advisors (20%) will have a vesting period of 2 years; this ensures the team remains dedicated to the long-term success of the project.
Essential Yumerium ICO Links
🌐 Website: http://www.yumerium.com/
💡 Whitepaper: http://www.yumerium.com/whitepaper.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=3272290
💻 Telegram: https://t.me/joinchat/H5o7EE7ncnHvSXJJYWSLYg
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In everything challenge must be accepted
True, taking on a market as a start-up is challenging, but every great company had to start somewhere.
@hatu Interesting. Low cap of 20M will sure get attention shortly with vesting period too is a bonus for longer term gain.
Yes, the token metrics are pretty good. It has already gotten a good bit of attention; Yumerium has a decently sized community on Telegram.
The platform looks reasonable. We will take a look closer in our blog as well.
Thank you for sharing the information, Hatu.
Yes, it's definitely a feasible concept and one that can have immediately market usage.
You're welcome :)
great
Glad you like it :)
i love your post brother
Thank you!
I try my best :)
With the explosion in gaming this century, there is a strong and highly appealing sector for blockchain to target.
Combined with the low costs as compared to Yumeriums competitors in this sector, the future seems to have many positive attributes.
I agree, gaming is a lucrative and high-potential industry. But much of the potential market is still unreached so blockchain start-ups have a great opportunity of capturing market share.
Very interesting, i will follow. have a look at http://arenon.co.in such in interesting project ;)