About Yumerium ICO :
Blockchain and smart contract technology is opening up a new era of gaming by giving gamers chance to earn game token by participating in games. The game token can be used for buying game money for any game that gamers want to play or buy game items. This will make gamers even more engaged and bring more fun to the gaming experience.
Existing payment solutions built by the centralized organization have critical limitations, such as high transaction fee, delayed payment, global transfer fee, lack of multi-party payment option, lack of micro-transaction support, fraud and lack of data transparency. These issues limit the proper transfer of value created by gamer's and hinder broader user participation that could add more to the game community.
OVERVIEW :
The name “Yumerium” derives from the Korean words for dream, “Yume”, and place “Rium”. This Korean ICO plans to hasten the evolution of the gaming industry by giving gamers, then, the ability to earn tokens from doing something they will naturally enjoy – playing games and engaging with game developers’ content.
The idea is that these tokens can then be spent on items useful within the Yumerium gaming eco-system or sold outside of that eco-system for other crypto-currencies such as Bitcoin.
The ICO will first fund the creation of games to run within the Yumerium platform. Once that platform is up and running, it will then be opened up to third party developers through a suite of SDK kits.
How the Yumerium Platform Will Work :
The Yumerium platform will offer opportunities for gamers, publishers and developers to benefit from it.
New games can join the platform and will be allocated “seed funds” in YUM tokens for doing so.
The developers of those games can use their allocated YUM to attract a new audience by offering rewards to players who spread the word about their game and bring in new users.
In turn, gamers will be able earn YUM tokens by playing, sharing and reviewing games. They can then use the YUM they have earned as currency within the games they play (or of course convert the YUM to other cryptocurrencies or fiat on exchanges).
It will be possible to use YUM in all games that support Yumerium and the company expects that the number of games on their platform will increase substantially over time.
There will also be the possibility of new games using Yumerium to crowdfund, receiving YUM tokens for marketing purposes if successful.
ICO Details :
There will be a public pre-sale, which will commence on 23rd May, with the main token sale due to commence not long after.
Here are the main details about the token sale:
· Token: YUM token
· Maximum number of tokens: 634 million
· Tokens available during ICO (hard cap): 317 million (i.e. 50%)
· Token price: 1 YUM = $0.10
· Sale starts: 23rd May
· Sale ends: TBC
The allocation of funds will be as follows:-
· Token sale: 50%
· Founders & Advisors: 20%
· Network Seeing: 20%
· Company reserve: 10%
So those are the main details of the ICO.
Yumerium Conclusion :
The gaming industry is worth $109 billion in the market today and is expected to reach $128 billion by 2020. It is expected that he earn-to-play paradigm will boom in the same trajectory as the free-to-play model. Yumerium wants to lead the market by quickly testing the concept in the market with its own games as well as partner games.
You can find out more about the product ↓
Official website : http://www.yumerium.com/
White paper : http://www.yumerium.com/resources/files/whitepaper_v1.0_en.pdf
Telegram : https://t.me/joinchat/H5o7EE7ncnHvSXJJYWSLYg
ANN Thread : https://bitcointalk.org/index.php?topic=3272290.new#new
Author :
BTT Username: Marksmanio
BTT Profile Link : https://bitcointalk.org/index.php?action=profile;u=1561363
ETH: 0xfa928C204a0A50A46De71C1D63E5E822C16fcd38
