Electronic gaming has over time become a very popular, and widely used form of entertainment all over the world, since it's commercial birth in the 1950s it has blossomed into one of the most profitable entertainment industries in the world. It's growth has been facilitated by technological advancements, as well as the technology boom experienced in recent years which also revolutionized the industry.
The Industry has an intricate network of game developers, gaming companies, and gamers that rely on each other to create the ultimate gaming experience; there is a symbiotic relationship between the gaming developers and gaming companies, the developers create games, and the gaming companies act as the go-between by setting prices, licensing and marketing the games to the gamers. This interdependence in the Industry has helped it achieve the level of growth and success it enjoys today.
Irrespective of this interdependence of the principal actors in the gaming industry, the gaming companies are the main beneficiaries as a result of models used in the Industry. The highly centralized pay-to-play model is a model that gives the gaming companies an upper hand over other players in the Industry; with this model gamers pay relatively high fees set by the gaming companies before gaining access to play their favorite games online, the gamers do not own the games they pay for but rather have a license to play the game on the platform; game developers have to create games that the company approves to be featured on their independently owned platforms, and must also use the companies payment systems.
Yumerium is the decentralized cornerstone of a new gaming model that facilitates ease of transactions between developers and gamers, with the aim of eliminating middlemen. Inspired by the innovation of the free-to-play model which brought about an increase in number of gamers, Yumerium is the innovation of an earn-to-play gaming model; the model works by giving gamers tokens called Yum that can be spent like real money which will be an incentive for the gamers to play. The token is earned by playing, sharing, and reviewing games, and is spent in games that support it.
As a gaming platform Yumerium will provide technical integration of payment, ownership management, incentive system, and gaming tokens with real value that can be used for building, distributing, and enjoying next generation games.
It is a win-win model that provides a platform for game developers to promote their games, the developers are able to reach gamers with new games, and the gamers get rewarded for playing them. Yumeriums use of blockchain allows for the verification of ownership of digital assets, due to scarcity their value continually grows allowing the owners to sell to the highest bidder.
For more information;
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/
Author: Ojeaga Joseph
Bitcointalk: Boluwatife
Bitcointalk Profile Url: https://bitcointalk.org/index.php?action=profile;u=1398337;sa=summary
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