Blockchain Based Gaming Earn-To-Play Cryptocurrency Platform Launched
Subdream Labs announced the development of Yumerium, the first blockchain-based earn-to-play platform in which gamers can earn cryptocurrency rewards for playing and sharing various games.
Rothwell, Australia – April 28, 2018 /NewsNetwork/ —
Subdream Labs, a company specializing in cutting-edge gaming innovations, announced the development of Yumerium, a blockchain-based open gaming platform allowing gamers to earn rewards for playing, sharing and reviewing games. The platform aims to revolutionize the gaming industry by introducing the earn-to-pay model, as opposed to the outdated pay-to-play platforms.
More information can be found at http://yumerium.com.
Current gaming industry is primarily based on two models in terms of payment type – pay-to-play and free-to-play. The existing payment systems involves high transaction fees, delayed payments and lack of data transparency, all of which limit the proper transfer of gamer-created value. Additionally, hard-earned game items are currently traded for real money on unsecured websites, thus exposing gamers to potential digital fraud.
Yumerium uses blockchain technology to create a decentralized, open gaming platform allowing gamers to be rewarded for their in-platform activity.
Yumerium will allocate an initial seeding fund to game publishers joining the platform, thus helping them promote their titles. Gamers playing in-platform games will earn YUM tokens as reward for playing, sharing or reviewing the game, and will be able to spend the YUM to purchase game money. The YUM spent can then be re-invested by the developer in game marketing, thus ensuring 100% value transfer in real-time.
Yumerium will initially support all four games from Subdream Studios – Dream Pets, Kingdom Watcher, Mega Overload and Hell Dimension VR – with the first native CryptoMine simulation game launch scheduled for the third quarter of 2018.
The public presale of YUM tokens is scheduled for May 23rd, the price for one YUM being $0.1.
A spokesperson for Subdream Labs said: “With a vision to disrupt the gaming industry with blockchain and smart contract technology, we created Subdream Labs with key talents brought in from Subdream Studios and VR Plus who have extensive experiences in gaming industry. We raised $2.3M from marquee investors globally.”
Interested parties can find more information by visiting the above-mentioned website.
Contact Info:
Name: First Plus
Organization: FirstPlus Press
Address: 2 Alambi Court Brisbane, Rothwell, Queensland 4022, Australia
For more information, please visit http://www.firstplusmarketing.com.au
Source: NewsNetwork
Release ID: 337549