Refereum is an upcoming ICO and their token distribution is going to start in Feb 8th. In this article i will try to give an overview on Refereum and also try to keep it simple without any flashy terminologies.
What is Refereum
Refereum is a Referral Marketplace for games and first of its kind. RFR is their token which is used for rewarding the gamers for downloading, sharing and the engagement they show in the ecosystem.
What problem does Refereum solve
Video Gaming is an $ 109 Billion industry where the main problem lies in its marketing which is very pricey. Game developers had to spend 2 to 3 times more than the actual development cost for the marketing and advertisements. In the current system, one can clearly see that the unworthy middleman gets the most of the profit. Referum wants to disrupt this by eliminating this middle man and use a very powerful tool instead. This powerful tool is none other than Referral which is one the most effective means. Hence the name Refereum. Since referral programs are difficult to track and utilize, they establish smart contracts between developers and gamers in a decentralized, secure and transparent marketplace written into the Blockchain.
Refereum Ecosytem
Refereum Ecosystem consist of 3 main players namely Gamers, Influencers and Developers. In this ecosystem, Developers get to improve their marketing campaigns, Gamers can enjoy the rewards for just doing what they love while the Influencers can monetize their following.
Conclusion
Anyone can see that the Idea is actually very interesting and a promising. Also the team consist of veterans from the gaming and advertising industry. It is definitely a good investment and has a great 2x potential where 2x being the worst case scenario. If you don't have a money to invest, don't loose hope since you have power of Referral. Every referral will earn you 100 points. Linking your Discord account, Gmail account and Twitch account will get you 100 points each. With more points you have better chances to unlock bigger token prizes. So go ahead and join Refereum and do not forget to spread the word.
