Yumerium ICO Review

DECENTRALIZED GAMING PLATFORM

Yumerium is the decentralized backbone of a new gaming economy that aims to facilitate the transactions between developer and gamers. By introducing blockchain technologies to the development process, new exciting ways for developers to interact with gamers, and vice versa, are born.

Yumerium introduces a new native token that enhances the relationship between developers and gamers through the following key features:

Cryptocurrency with tangible value by allowing users to use the currency on any venue that connects to the Yumerium blockchain. These systems can be owned by Subdream Labs, or developed by non-affiliated parties.
Open, trustworthy, and secure smart contracts that verifies the authenticity of developers and gamers. When both parties know that the system cannot be taken advantage in favor of one party, both parties can trust each other and exchange tokens.
Token rewards for game achievements to allow developers run contests and marketing campaigns cheaper, safer, and easier than ever before. Developers can then motivate gamers to play and improve retention metrics, while gamers can receive tokens to spend in any Yumerium game.
Compensate influencers for referring or reviewing games. Spread the word with a tool more powerful than traditional ads; the word of a trustworthy internet celebrity.
Decentralized crowdfunding to safely fund future projects through gamer support. Since no one controls the system, campaigns are far cheaper than those of traditional crowdfunding sites.
True limited edition copies of digital games and in-game collectibles. With the power of the blockchain, ownership of digital assets can be verified. Due to the scarcity of such items, their value continues to grow, rather than stagnate. Owners can then sell these items to the highest bidder.

By focusing on these core features, Yumerium can make game development cheaper and easier than ever before. At the same time, the quality of games increases, as gamers have a greater voice in which games they want to play. The economy uses YUM tokens, the Yumerium currency, to facilitate and keep an authentic record of all transactions, whether it be a reward for a gaming achievement, compensating popular influencers, funding the next great game, or purchasing scarce assets. Early adopters of Yumerium will receive bonus YUM tokens to diversify participation in the system.

How Yumerium works

Yumerium (YUM) is a gaming token that can be earned by playing, sharing and reviewing games and can be spent in any game that supports it. YUM integrates marketing tools such as referral bonuses or bounty campaigns to attract and engage users.

User Benefits

There is currently no safe and easy way for players to receive valuable prizes. Whenever a developer creates a contest, gamers need to read long legal documents and provide personal information to simply participate in the campaign. Even after a winner is chosen, it often takes a long time to receive the prize. Even worse, some winners do not even get their prizes due to intentionally misleading rules or because the developers disappear altogether. Yumerium fixes these problems (ease, integrity and speed) by using a decentralized system.

Ease

Gamers’ goal is to have fun, so making it easy for players to participate is extremely important. Adding any additional registration or fine print will usually demotivate most from participating. Yumerium fixes this problem in two ways. First, by only asking the winner for just their public wallet address. This minimizes the information collected and maintained. Developers can further facilitate this process by saving the players public wallet address for future prizes. However, inputting a player’s public wallet address might prove difficult on non-PC games. Thus the second solution; the Yumerium platform provides an account registration on the Yumerium website. The account will already contain the player’s public wallet address, so all developers need to do is link the Yumerium account to the player’s account, a feature available in the Yumerium SDK.

Integrity

Depending on the size of the campaign, the integrity of the marketing team can come into question. How can gamer’s trust that the company will follow through with handing out prizes? Yumerium solves this by hosting the prize on the network at the time of creation. Once the prize is published, it is up for grabs by any player and is not removable by the developer. This way, the player knows that once they complete the contest conditions, the prize will be sent automatically and no other player can claim it. Not only does this help create more trust between both parties, it is also more secure. Since Yumerium uses blockchain technology, the prize on the network cannot be copied or stolen. So developers do not need to worry about publishing the prize and gamers do not need to worry about not receiving the prize.

Speed

Lastly, Yumerium is faster than conventional marketing methods. Since the prize is hosted on the network, once a winner meets all the prize conditions, it automatically unlocks the prize and sends it to the appropriate address. This bypasses any proof of win standards used traditionally, in which players had to figure out a way to prove they had accomplished a feat, like recording a video or doing the task in real time. This takes additional time and resources on both the gamers’ side and the developers’ side.

Decentralized Crowdfunding

In 2016, there were 2,000+ games funded through Kickstarter and roughly half of them raised more than $500K. However, running a crowdfunding campaign can be difficult for both developers and fans. Developers want to be well funded and provide awesome games, and fans want to make sure that their pledges are not squandered. Decentralized Crowdfunding gives more assurance to both members by running the campaign on the blockchain. A fan gives a certain amount of YUM tokens when pledging, so developers can feel assured of the funds they will receive. However, the developer can raise faith in the project by setting milestones and only accepting only some of the funds until each milestone is reached, giving fans frequent updates on the progress before receiving all the funds.

TOKEN SALE AND ICO DETAILS

The Yum token is a multi-utility token relevant for gamers and game developers alike. It will be used as a mode of payment to buy game money and other items, as rewards, and as marketing and other investments.
The token is built on Ethereum platform. The price of 1 YUM will be USD 0.1. The accepted mode of payment will be USD, BTC and ETH. The hard cap is fixed at 500,000,000 tokens. 50% of the funds will be used for building native yumerium games.
The presale of tokens will take place between April 22nd and May 12, 2018(discounts will vary from 30% to 10%). The public sale will take place from 13th of May to 19th of May at a discount of 5%.