Yumerium ICO Review: YUM Token Info, Rating, Details

7

TEAM COMPOSITION

6.0 /10

BITCOINTALK.ORG THREAD

7.5 /10

Community and Media

6.0 /10

TOKEN DISTRIBUTION

7.9 /10

WHITEPAPER

7.5 /10

Pros

  • Reward for all-time top score
  • Rewards to first person to unlock an achievement
  • Decentralized crowdfunding
  • Compensate referrals and reviews
  • Private sale and pre-sale (phase 1) fully sold out and completed successfully

Cons

  • No details of future listing intentions
  • No MVP.

Do you play games?

If yes then have you ever thought that if you get rewards and earn money by playing that game? How cool it sounds. But it is happening. Yes, there are number of platforms are available in the market who rewards their user while playing game.

So in this we are going to talk about a platform where you can earn money by playing their games. The name of platform is “Yumerium”.

Games are fun and entertainment in the life’s busy schedule. We see several games and probable we had played many of them. But the process of developing new games has been decreased due to several financial problems.

So Yumerium promises to solve all the problems related to game development by a single blockchain platform.

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What is Yumerium?

Yumerium is the decentralized support of a new gaming economy that aims to ease the transactions between developer and gamers. ​By introducing blockchain technologies to the development process, they have made new exciting ways for developers to interact with gamers, and vice versa.

Yumerium will also provide cryptocurrency based payment solution that offers a lower fee and instant payment. This will be done by removing intermediaries and using blockchain for transparent transaction record which can be audited by anyone any time.

White Paper

Basically Yumerium is also a gaming platform. Users can make money while playing games on the Yumerium platform. They ca also earn rewards by reviewing and sharing those games. It is built on blockchain technology to provide user a better secure, easy and open accessible gaming platform.

How does it works?

Yumerium can make game development more cheaper and easier. In addition to that 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 ease 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.

Yumerium works on “earn-to-play” model. The model works by giving incentives to gamers to play by giving those tokens that can be spent like real money.  This new model will also solve some of the existing problems of gaming models by adopting blockchain and smart contract technology. It will free gamers and game developers from centralized distribution platforms today.

Yumerium provides technical platform for games to integrate key function like payment, ownership management, incentive system, and a gaming token with real value. The Yumerium gaming token, is the most important of all, as it can be used for every aspect of building, distributing, enjoying next generation games.

What solution Yumerium Token brings to the ecosystem?

It provides cryptocurrency with tangible value which is done by allowing users to use the currency on any venue that connects to Yumerium blockchain. The platform consist of open, trustworthy and secure smart contracts that verifies the authenticity of developers and gamers.

It provides token rewards for game achievements which allow developers to run contests and marketing campaigns cheaper, safer, and easier than ever before. Compensate influencers for referring or reviewing games also helps the platform to maintain the traffic.

Decentralized crowdfunding is another factor which will safely fund future projects through gamer support. Ownership and digital assets can be verified by the blockchain technology.

Use cases of YUM token smart contract?

The YUM Token Smart Contract can be used as a currency to purchase games at a discounted price or in-game items. YUM Tokens can only be earned by playing games with Token Reward campaigns, reviewing games with the Influencer Compensation program, or purchasing from the Yumerium Native Token reserves.  

Developers can benefit from these solutions by publishing their games with the help of the Yumerium SDK and smart contracts. With a simple interface and no coding skills required for most features, developers can set up their game for sale or start a reward program that incorporates a variety of optional features such as –

  • Automatic shares Distribution
  • Limited edition copies
  • Resale economy
  • Seasonal tournament winners prize pool
  • Blockchain game stats and achievements

Token details

Token – YUM

Platform – Ethereum

Type – ERC20

Pre-ICO price – 1 YUM = 0.07 USD

Price in ICO – 1 YUM = 0.1 USD

Token for sale – 316,906,850

Min. investment – 0.1 ETH

Accepting – ETH, BTC

Distributed in ICO – 39%

Soft cap – 3 000 000 USD

Hard cap – 20 000 000 USD

Token Distribution

Fund allocation

Bonus

Token sale Discount plan

Roadmap

Conclusion

If game players start making money for playing games or reviewing games it can create a huge traffic with millions of users with the product. The team is also experienced. In addition to that blockchain is a proper way to reward game developers and players by earning tokens. So overall the project looks good with the chances of high returns.

VirWoX

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