Yumerium: An incentivized, Blockchain based, Open gaming platfrom

Games are fun, development should be too.

But the process of making games has been bogged down with too many financial hurdles. Yumerium will make development fun again. Yumerium is the decentralized backbone of a new gaming economy that aims to facilitate the transactions between developer and gamers. By introducing blockchain technologies to the development process, new exciting ways for developers to interact with gamers, and vice versa, are born.

Yumerium introduces a new native token that enhances the relationship between developers and gamers through the following key features:

· Cryptocurrency with tangible value by allowing users to use the currency on any venue that connects to the Yumerium blockchain. These systems can be owned by Subdream Labs, or developed by non-affiliated parties.
· Open, trustworthy, and secure smart contracts that verifies the authenticity of developers and gamers. When both parties know that the system cannot be taken advantage in favor of one party, both parties can trust each other and exchange tokens.
· Token rewards for game achievements to allow developers run contests and marketing campaigns cheaper, safer, and easier than ever before. Developers can then motivate gamers to play and improve retention metrics, while gamers can receive tokens to spend in any Yumerium game.
· Compensate influencers for referring or reviewing games. Spread the word with a tool more powerful than traditional ads; the word of a trustworthy internet celebrity.
· Decentralized crowdfunding to safely fund future projects through gamer support. Since no one controls the system, campaigns are far cheaper than those of traditional crowdfunding sites.
· True limited edition copies of digital games and in-game collectibles. With the power of the blockchain, ownership of digital assets can be verified. Due to the scarcity of such items, their value continues to grow, rather than stagnate. Owners can then sell these items to the highest bidder.

By focusing on these core features, Yumerium can make game development cheaper and easier than ever before. At the same time, the quality of games increases, as gamers have a greater voice in which games they want to play. The economy uses YUM tokens, the Yumerium currency, to facilitate and keep an authentic record of all transactions, whether it be a reward for a gaming achievement, compensating popular influencers, funding the next great game, or purchasing scarce assets. Early adopters of Yumerium will receive bonus YUM tokens to diversify participation in the system.

User Benefits

There is currently no safe and easy way for players to receive valuable prizes. Whenever a developer creates a contest, gamers need to read long legal documents and provide personal information to simply participate in the campaign. Even after a winner is chosen, it often takes a long time to receive the prize. Even worse, some winners do not even get their prizes due to intentionally misleading rules or because the developers disappear altogether. Yumerium fixes these problems (ease, integrity and speed) by using a decentralized system.

Ease

Gamers’ goal is to have fun, so making it easy for players to participate is extremely important. Adding any additional registration or fine print will usually demotivate most from participating. Yumerium fixes this problem in two ways. First, by only asking the winner for just their public wallet address. This minimizes the information collected and maintained. Developers can further facilitate this process by saving the players public wallet address for future prizes. However, inputting a player’s public wallet address might prove difficult on non-PC games. Thus the second solution; the Yumerium platform provides an account registration on the Yumerium website. The account will already contain the player’s public wallet address, so all developers need to do is link the Yumerium account to the player’s account, a feature available in the Yumerium SDK.

Integrity

Depending on the size of the campaign, the integrity of the marketing team can come into question. How can gamer’s trust that the company will follow through with handing out prizes? Yumerium solves this by hosting the prize on the network at the time of creation. Once the prize is published, it is up for grabs by any player and is not removable by the developer. This way, the player knows that once they complete the contest conditions, the prize will be sent automatically and no other player can claim it. Not only does this help create more trust between both parties, it is also more secure. Since Yumerium uses blockchain technology, the prize on the network cannot be copied or stolen. So developers do not need to worry about publishing the prize and gamers do not need to worry about not receiving the prize.

Speed

Lastly, Yumerium is faster than conventional marketing methods. Since the prize is hosted on the network, once a winner meets all the prize conditions, it automatically unlocks the prize and sends it to the appropriate address. This bypasses any proof of win standards used traditionally, in which players had to figure out a way to prove they had accomplished a feat, like recording a video or doing the task in real time. This takes additional time and resources on both the gamers’ side and the developers’ side.

Decentralized Crowdfunding

In 2016, there were 2,000+ games funded through Kickstarter and roughly half of them raised more than $500K. However, running a crowdfunding campaign can be difficult for both developers and fans. Developers want to be well funded and provide awesome games, and fans want to make sure that their pledges are not squandered. Decentralized Crowdfunding gives more assurance to both members by running the campaign on the blockchain. A fan gives a certain amount of YUM tokens when pledging, so developers can feel assured of the funds they will receive. However, the developer can raise faith in the project by setting milestones and only accepting only some of the funds until each milestone is reached, giving fans frequent updates on the progress before receiving all the funds.

Yumerium Seeding Fund

Yumerium will help indie game studios run crowdfunding campaign within the Yumerium community.

We will help indie game studios to run the campaign with Yumerium token incentives through the use of the Marketing Fund. Successfully funded games will get additional budget from the Marketing Fund that can be used for their launch marketing. We believe crowdfunding can play a pivotal role in attracting game lovers’ participation in the early stage.

Yumerium will be allocating earnable Yumerium tokens (YUM) to each game that joins the platform from the “Seeding Fund”. Game developers can integrate the Token Reward feature into their game to incentivize gamers to join the game. Gamers will earn YUM in the game by playing and achieving certain goals designed by the game developer. Gamers will be using the earned YUM to purchase games that support the platform. Then, game developers can re-assign the YUM that they received from gamers to attract new gamers or market new games. Developers can also engage with existing gamers through marketing tools such as referral bonus or airdrop/bounty campaign. As shown in Exhibit G, “Seeding Fund” will create a virtuous cycle that benefits all stakeholders, gamers, game developers, and the entire ecosystem around the platform.

OUR TEAM

Our team has a long history in gaming including gPotato which first introduced the “free-to-play” model in western markets (North America, Europe, and South America). gPotato was sold to Webzen, one of the biggest game publishers in South Korea in 2013. With a great team and experience under our belt, we are extremely excited about this opportunity to open a new era of gaming with the games we’re planning to launch and the games that will be joining.