Overview:
It is a blockchain based gaming platform, which is aiming to bring the revolution to the gaming industry. Yumerium is introduced by the company called Subdream Studios in 2017. It connects the gaming developers and gamers in the platform using the blockchain network, which removes the need of third-party players. It also incentivizes its gamers for playing in their platform and giving a review of the games in the platform
Challenges:
Due to financial problems and lack of proper gaming tools, many of the gaming developers are not able to explore their potential. Generally, the traditional gaming industry is controlled by certain big companies, they have a centralized system for each aspect in the traditional platform, they only decide which payment method is to use their platform, they force the developers to develop accordingly which leads to lack of trust and transparency in such type of platforms.
Solution:
To develop the games to its full potential and making it more fun, Yumerium came up with the decentralized gaming platform which will helps the developers and gamers using blockchain technology and smart contracts. This model works on the basis incentivization of gamers while playing games in their platform
It provides some key features to enhance the relation between developers and gamers such as Open, trustworthy, and security, Token rewards, Decentralized crowdfunding and True limited-edition copies of games
Token details:
Token symbol: YUM
1 YUM = $0.10
Accepted Payment: ETH, BTC
Softcap: $3,000,000
Hardcap: $20,000,000
Crowd sale: 26th Sep 2018
Token economy:
Yumerium platform issues utility tokens called “YUM”, which can be used in the internal ecosystem of the platform for the services and rewards earned while playing games in their platform.
Team:
Jikhan Jung – Founder & CEO
Jikhan Jung is an entrepreneur and gaming visionary with over 10 years of experience across PC & Mobile platforms. Jikhan began his gaming career at Excite Japan in 2004 and then moved on to found Gala-Net, Inc a year later.
Francisco Martin – CCO
Provided technical support for a variety of game projects running at the company. Previously had experience in many software companies like virtual world arcade, Phillips 66, The Home Depot etc.
Jaehyum Lee
CSO – He’s a founder of many companies like Hurbit, Super Bee and Zen Software.
Khoi Lee – Game Programmer
He’s also a CEO of Subdream Studios and Director at Social Media as BoostVC and have experience in gaming community.
Verdict:
Pros:
• Social media hype is very good, its telegram community has 19k+ members as of now
• It has investors from companies like HTC, cognitive investment, Bridge link Capital, Dena etc.
• It has already gaming experience in its parent company
• Partnered with Subdream studios, EXA lab, ICO watchdog, Crowd PC and many more.
Cons:
• Whitepaper design is little bit complex, it is difficult to understand for an average investor
• Many companies are offering similar concepts in gaming industry
• MVP of the project is not yet released
• Roadmap is unclear, it shows vision till 2019 Q1 only
• Core team members and advisory team members are beginners in the blockchain and cryptocurrency
Links:
Website: http://www.yumerium.com/whoweare
Whitepaper: http://yumerium.com/resources/files/whitepaper_v1.0_en.pdf
Telegram: https://t.me/joinchat/H5o7EE7ncnHvSXJJYWSLYg
Twitter: https://twitter.com/yumeriumtoken
Facebook: https://www.facebook.com/Yumeriumtoken/
Bitcoin talk Username: anushkamehta0902
Bitcoin talk profile link: https://bitcointalk.org/index.php?action=profile;u=2039767
ETH address: 0xd1c62C22C078A0C6B1E42F7200F0b082EE81a64a