Yumerium - Decentralizing The Gaming Market

in #blockchain7 years ago

Yumerium: Decentralized, Incentivized, Open Gaming Platform

Gaming is a form of entertainment in which a person or group of people play electronic games, whether through computers, mobile phones, consoles, different interconnected devices or via a different medium altogether. Gaming as a practice is done for a lot of different reasons, either for gambling, relaxation purpose, as a source of distraction or many more different reasons. The most fundamental reason why gamers engage in gaming activities is for the entertainment and the thrill of it.

The will of human beings to be entertained however is a factor that plays a very big role in the success of every industry providing fun and entertainment. People will pay huge fees to see a music a concert, they will travel and pay huge fees to watch their favorite sports teams play, in the same way, they will pay high subscription fees in order to play their favorite games online.

The gaming industry is a multi-billion dollars industry that is controlled by a handful of centralized organizations but is sustained by the gamers in the ecosystem. These centralized companies have the platform, resource, and infrastructure to promote games to the masses, but in turn, dictate the types of games they want on their platforms to the developers, charge the gamers huge subscription fees to play the games and reward the developers with a little fraction of their revenue.

The drawbacks of this current system of things are;

  • Developers lack the free will to innovate and provide the best gaming experience to the gamers
  • Gamers pay high fees in order to play their favorite games
  • Developers and gamers are not properly rewarded for their roles in the success of this business
  • Gamers are deprived of access to millions of innovative games that provide new and interesting experiences

Yumerium is utilizing the power of the blockchain to change all that

Yumerium Is Empowering The People

The gaming market is currently in the pay-to-play era in which gamers have to pay a fee before gaining access to their favorite games online, but it wasn't always this way the PTP (pay-to-play) era was preceded by the free-to-play era in when games where free to everyone and anyone with only some few special features requiring a payment of a little fee to upgrade. 

Inspired by the free to play era, Yumerium is ushering in a new era of gaming, an earn-to-play era, powered by the blockchain and managed by smart contracts, yumerium is a decentralized gaming platform that connects the game developers directly to the gamers while rewarding the gamers for their  gaming activities and promotion of the community.

The Yumerium earn-to-play concept is simple, using the blockchain and smart contracts, a digital scarcity is created in the ecosystem and the activities of the gamers and the developers to grow the community will produce rewards in form of incentives. "In a way, it can be compared to mining new tokens by contributing to the platform, doing the things you already love doing". 

Yumerium provides game developers a platform to integrate and promote their games to a new audience. Developers are able to reach gamers with new innovative games and the gamers are rewarded for playing the games they play for fun.

The scarcity makes the tokens YUM tokens more valuable the same way it does to every other currency, the smart contracts ensures fairness in the generation of YUM tokens as rewards and acts as a mediator of transactions and blockchain ensures complete transparency. With yumerium the game developers benefit, gamers benefit and the ecosystem grows; everyone wins.

Yumerium Presale has started and investors are required to get whitelisted to participate in the token sale. Be sure to do your own research and only contact the official website and social media channels for information about the token sale and the general project information.

Official Contacts

Official Website: https://www.yumerium.com/

Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3272290.new#new

Whitepaper: https://www.yumerium.com/resources/files/whitepaper_en.pdf

Telegram: https://t.me/joinchat/H5o7EE7ncnHvSXJJYWSLYg

Facebook: https://www.facebook.com/Yumeriumtoken/

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I thought from the screenshot that it was running on a Switch.

Nice article. Great to see another project, which is ready to launch a unique gaming platform on a blockchain.

Did you hear about Asura? There are many similar features between them and Yumerium and their ICO will also start soon. They are focused on providing lots of exciting things for Dota, LoL, CS, and King of Glory players. Seems really promising due to enormous numbers of these games' fans all over Asia. I think you should have a look on them, you are good in reviewing eSport topic)