From 2006 to 2017, gaming quickly changed from a pay-to-play to a free-to-play business model. Now, in 2018 and beyond, a blockchain-based platform Yumerium will lead the future of gaming with its creation of the “earn-to-play” business model.
Yumerium’s goal is to create a new era of gaming through blockchain and smart contract technology. Gamers, gaming companies, and game developers alike will all be able to realize the benefits of this project.
Gaming Industry Market Outlook
While some industries are failing, gaming is becoming increasingly more lucrative. It is projected that the value of the global gaming market will increase from $115.8 billion in 2018 to $128.5 billion in 2020.
Even with this success, the traditional online gaming system continues to be plagued with numerous problems. From a gamer’s perspective, unnecessarily high transaction fees have created a high barrier to market entry. In addition, 3rd party game item trading websites have exposed some gamers to fraud due to their unregulated nature. For both gaming companies and independent developers, factors like long data audit processes and delayed payments have prevented innovation from taking place.
Yumerium fixes the above-mentioned issues by providing an innovative decentralized platform for the entire gaming community. By using blockchain technology, Yumerium offers instant payouts and minimal transaction costs. All of these benefits will improve the gaming ecosystem experience for everyone.
So how does Yumerium (YUM) token economy benefit various users?
Game developers will receive initial seed funding via YUM tokens from crowdfunding events. Developers can offer customized incentives with YUM for user acquisition initiatives like bonus referral programs and airdrop/bounty campaigns. Gamers will be able to pay for games on the Yumerium platform using YUM tokens; they can earn tokens by playing, sharing, and reviewing Yumerium games.
Yumerium is a project of Subdream Studios, which aims to create high-quality, next-generation games that incorporate immersive experience technologies like virtual reality. The long-term vision of Subdream Studios is to make VR gaming on the Yumerium platform a truly social experience that can be shared with others both virtually and via VR arcades.
While most decentralized gaming platforms are merely in the prototype stage and don’t offer any games for initial users, Yumerium already has five games in the works that will soon be available for all users to play.
CryptoMine is the first native, fully-integrated game featured on Yumerium, which will be released in Q4 2018. Hell Dimension, Kingdom Watcher, Mega Overload, and Dream Pets VR will launch on Yumerium already in Q3 2018. Each game provides users with a variety of unique experiences that will allow Yumerium to attract a wide range of gamers from throughout the globe.
In addition to these games, Yumerium will also offer a variety of 3rd party games in the near future. As the platform includes more gaming options, users will be able to play some of the most fun and innovative games on the market. In turn, this will allow for more opportunities for the Yumerium platform to gain new users and increase the adoption of YUM tokens.
Here are a few companies that have invested in Yumerium so far.
Token Sale Details
There will be 3 presale phases and a main token sale event. The first public presale begins on May 24th 2:00 AM UTC.
ETH and BTC are both acceptable forms of payment.