Yumerium: From "Pay-to-Play" to "Earn-to-Play"
Yumerium, whose founders intend to radically change the game industry for the better, is preparing to hold its YUM tokens, which will be launched on April 22, and not just create new tools for that, but to develop the first-of-its-kind concept of "Earn-to-Play" games ", Which will accurately prove how much the existing before" Pay-to-Play "and" Free-to-Play ". We got acquainted with the project, its history, concept and plan, and now we are going to tell the most interesting about it to you.
In this article, the first of the three, let's talk about the very idea of the project and the essence of the concept of "Earn-to-Play", in the next - let's talk about why the gaming industry and its participants so need a solution from Yumerium, looking at specific figures, indicators and considering the current situation on the market, and the final part of the review will be devoted to summing up the results and find out how the founders of the project are going to achieve the desired result, what steps need to be taken for this and what products will be released within the project.
The founders of the project
We can not help saying that it is always important that professionals who have some experience in their field, and not ambitious students who decided to conquer the crypto-currency (or some other ) market. The creators of Yumerium managed to convince everyone that they belong to the first category - experts in their field.
Work on the project deals with a specially created company Subdream Labs, which is directly engaged in the creation of a game platform Yumerium based on blocking technology. On their basis was created a game studio Subdream Studios, which also included experts from VR Plus, a company with 29 arcade VR locations in Korea, and Exa Labs, the creator of the Hurbit crypto exchange.
Certainly, due to the fact that the project is in the hands of people with many years of experience in the areas that concern Yumerium, they managed to raise $ 2.3 million from investors, including well-known global companies, including the manufacturer of HTC smartphones.
The idea of Yumerium
Yumerium is a whole ecosystem that will consist of several elements by which the principles on which the game industry and its market are built will be fundamentally changed for the better - the side of supporting and motivating players, ensuring decentralization, including in the process distribution of profit between developers and publishers, and also in the direction of improving the conditions and results of carrying out crowd-raising campaigns to raise funds for the development of new games.
The economy of the Yumerium ecosystem will be built on YUM tokens, which will play a crucial role and will become the embodiment of blockade technology in the gaming industry. Their main task is to motivate players to participate in games and their distribution, and also to provide marketing campaigns for the promotion of games.
Publishers of games that connect their products to the ecosystem will have access to a specially created fund that will allow them to attract the first users to the game. The players themselves will form the Yumerium community, within which they will be able to communicate and share their experiences. But their role is not only this.
Players are a platform engine that performs the task of advertising games. Developers will be able to independently determine those tasks that need to be performed, paying for their implementation using YUM tokens. Thus, any player will be rewarded for leaving feedback about the game, mentioning in social networks, reviewing the game and what is most interesting for the game process itself.
It is the reward for participating in games and will become the main feature of the games "earn-to-play", which we will talk about later. Users will also be able to use YUM to purchase domestic game currencies. Thus, a triangle is created between game developers, their publishers and the players themselves, which will form the YUM token economy.
Another very important opportunity that Yumerium opens is decentralized payments between players and developers, with which users instantly purchase game currency, and the creators of games immediately receive payment for this in the form of YUM tokens, through smart contracts. Just about this feature of Yumerium, and also about why the industry has such a solution, let's talk in the next part of thereview.
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