Revolution of the Gaming by Yumerium

The era of gaming is increasingly growing by the day as a lot of people now use this as a form of recreation together with the TV and movies. This games are usually in the form of handheld games or the computer or the TV games. This games are usually played by users regardless of their ages, sex and social status. The revenues generated by users when they play the game is of a great interest to large gaming corporations as they get their funds as a user plays the game and utilize most of the inapp purchases. The games that are played by users can either be a free-to-play game or a pay-to-play game, but a lot of users rather get the free to play games than the paid games as a lot of them cannot afford the price. This now led to a lot of issues such as piracy of the paid games and so on. But with Yumerium, it will give the users the chance to take part in the Earn-to-Play Model.

What is Yumerium?

This is a platform that was developed to utilize the blockchain technology as well as smart contracts to tackle numerous issues that plague the gaming sector. Here gamers earn as they play games as well as have access to free to play games and the paid games. This platform gives the chance for a lot of games to have the necessary abilities such as ownership, incentive system, payment and the gaming tokens. The gaming tokens are the ones of highest priority as they are utilised for the development, distribution and the paying of these new games.

What Problems led to the Development of the Yumerium?

There is a lot of problems that terrorized the gaming sector and they led to the development of the Yumerium. These problems include

• The huge expenses incurred during the marketing of games due to the effect of middlemen who transact with the developers.
• There was a lot of piracy troubles in the gaming sector as most users rather pirate a game than paying for content.
• The revenue gotten from the gaming financial transactions weren't divided among the participants equally.
• Most of the digital games that were bought cannot be resold
• A lot of players rather wait for the pirated copy of the game to be released than to buy the game.
• To capture the loyalty of a gamer is hard and it needs a lot of new updates, content and support.
• There is a few gamers who participate in the tournaments and prize campaigns.
• Most of these tournaments and prize campaigns have a log of fraudulent activities and have a low level of trust.
• The reviews are usually vague and usually unhelpful.
• The fees imposed by most crowdfunding websites are usually outrageous and users abscond on the crowdfunding pledges.
• The compensation to influencers are usually negligible or not issued at all.

How Does Yumerium Tackle the Problems of the Gaming Sector?

Yumerium uses the blockchain and the smart contracts to tackle the numerous problems of the gaming sector and it does that by the following.

• It removes the middlemen from the process of game marketing thereby saving costs for developers.
• With the use of blockchain, it secures the ownership of the limited copy of the game.
• All parties related to the development, distribution, and marketing as well as playing of the game receive equal gaming revenue and its paid very fast, securely and automatically.
• With the use of blockchain, licences and ownership can be resold on the platform.
• It encourages users to buy games rather than waiting for the pirated copy by giving them rewards in cryptocurrency.
• It gives the developers numerous tools to run programs and campaigns to keep the players interests on the game.
• It simplifies the process of users participation in prize campaigns by the use of a winner information once.
• The prize of tournaments are usually visible to the public and are hosted in a decentralised network.
• It gives referral incentives for users to get games at a discounted rate and pay out to influencers.
• The reviews provided in the platform are usually very clear and helpful.
• It allows users to pay with cryptocurrency when the make a crowdfunding pledge.
• With the decentralized nature of the platform, it will allow for the use of cheaper campaigns.

The Yumerium Technology and its Development

This Yumerium uses the blockchain technology to give incentives to players and the influencers as well as the reduction of production costs to the developers in the development of a new game. The Ecosystem of Yumerium consists of three major parts and they include the Yumerium Token, The Yumerium Game SDK and the Yumerium Game Platform. We shall be discussing more on this on my next article.

Yumerium Tokens and the ICO Details

The platform utilizes cryptocurrency for all payments and transaction done on the platform. The cryptocurrency used is called the Yumerium tokens, YUM, and this is an ERC20 token run on the ethereum blockchain. This YUM tokens is used for rewards to players and for inapp purchases done on the gaming platform as well as the payment of developers for their hard work. The YUM tokens have a total supply of about 633,813,700 YUM and 50% of these tokens is available to the public for the crowdsale. The sales of these tokens takes place from May 24th and ends on July 24, 2018.

Conclusion

Thus, with the coming of this Yumerium platform, it will change the gaming industry with the use of the blockchain technology and smart contracts to ensure a better gaming experience.

For more information, visit
Web Page: https://www.yumerium.com/
WhitePaper: https://www.yumerium.com/resources/files/whitepaper_en.pdf
Twitter: https://twitter.com/yumeriumtoken
Telegram: https://t.me/yumerium
BTT Bounty: https://bitcointalk.org/index.php?topic=4465888
BTT ANN: https://bitcointalk.org/index.php?topic=3272290.0

Author - hamzeto
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