Refereum ICO & Company Review

cryptoprophecy (25)in #refereum • 7 years ago (edited)

"Refereum is the first referral marketplace for games. The RFR token rewards gamers for their engagement and purchases with full transparency. Over 150,000 gamers have joined the platform in the two months since launch, and the number of gamers continues to grow exponentially." (Whitpaper)

As a gamer/streamer I love the idea of Refereum. I am writing this article to help raise awareness about a great coin coming to the market. Refereum is a referral based cryptocurrency that will reward players for streaming and viewers for watching. Getting paid in any aspect of video games.... how can you beat that? However, it has much more potential use then just that. It is great for advertisement companies because it helps them target a much more specific group of people. Instead of wasting money on advertisements that reach a majority of people who don't play, they can reach almost 100% of their target audience. Companies can purchase RFR and offer extra incentives to streamers for playing their games and gamer's for watching. Smart contracts running on the ETH blockchain will have multiple uses too. Right now referral systems are nearly impossible because you can't reward players with fiat, RFR can solve that problem. E-sports is one of the fastest growing industries right now. Millions of dollars are being paid out at single events. With smart contracts, companies can utilize the block chain to do anything from sell games or DLC to holding large tournament payouts.

Positives

Product and Marketing

Working product that 200,000 people started using in the first two months.
Integrated into the largest streaming platform already, Twitch.
Supported by the most used game engine of all time Unity.
One of the fastest growing telegrams of all time. (100k members)

Multiple uses for gaming

Smart contracts for E-sport tournaments and referral programs.
Players earn tokens for streaming and watching, which can be used to buy games or turn into cash.
More specific advertisements. Game developers can buy RFR and offer extra incentives to streamers to play their games.

Size of industry

Video game industry is $106B growing 6% annually.

"In recent years, the number of gamers has exploded -- today, 2.2B people play
games, making it the single most popular digital entertainment content on any
device." (whitepaper)

Negative

Reserve the right to distribute more coins in the future, which would dilute the price.

ICO Breakdown

Hard cap: $25 Million for 50% of total tokens
Conversion rate: 1 RFR = $0.01
Bonus structure: Presale bonus undisclosed, No bonus for crowdsale.
Presale or white list: Presale until February 8th. 20k Min investment for Presale. Group buys are allowed. White list closed on January 18th. Wait list now open.
ERC-20 Token: Yes
Countries excluded: None
Timeline: Whitelist closed January 18, 2018, waitlist now open. Token sale starting February 8, 2018.
Token distribution date: After token sale ends

Quick Summary

Refereum is a cryptocurrency set to change the entire video game industry. It will save companies millions in wasted advertisements, while targeting a more specific group of people, ultimately raising sales/profit. It helps give gamer's a more sustainable way to turn streaming into a live-able income. It allows everyday viewers to earn tokens for watching. Companies can now sell games and DLC for cheaper by cutting out a middle man. All of this combined with having a working product and with massive community support. Makes Refereum a great buy that should be added to anyone's crypto portfolio.

Link your twitch account to get started!

https://refereum.com/?refid=qp0i6pdrld

Join the telegram for updates

https://refereum.com/Telegram/b5a99abf-ef1d-4066-84ac-8350c45299a5

Website

https://refereum.com/?ref=logo

Whitepaper

https://token.refereum.com/RefereumWhitepaper.pdf