The YUM token is planned to run on the Ethereum blockchain, as an ERC20 token type. This means that the network will have the capacity to handle smart contracts for the purpose of executing agreements of all kinds before release of tokens from the sending and receiving parties. In order to conclude this series, we’ll have a look at the token sale terms before we’ll share our own thoughts on the project.

Hard Facts on the YUM Token Sale

Token Name: Yumerium(YUM)

Yumerium(YUM) Price: 1 YUM = $0.1

1 YUM = $0.1 Total token supply: 633,813,700

633,813,700 Token for Sale: 316,906,850

316,906,850 Hard Cap: 20 Million USD

20 Million USD Soft Cap: 3 Million USD

3 Million USD Accepted Payment: USD, ETH, BTC

Roughly 634 million tokens are going to be circulated overall. Half of these tokens are allocated for token sales as mentioned above. Another 20 percent is set aside for network seeding, 10 percent for a reserve, and another 20 percent for the Yumerium team.

The initial coin offering public sale will begin on May 23rd, providing a 30 percent discount on token prices, at a pre-discount cost of 10 cents per YUM token.

Yumerium will release additional information about the ICO token sale, so make sure to stay up to date!

Allocation of Funds

Half of the funds raised in the YUM ICO will be allocated to developers for the development of native games on the Yumerium platform. 25 percent will go towards development and operations of the Yumerium ecosystem. The remaining amount is going to be allocated as a marketing fund for the increase of community development.

Pros and Cons of Yumerium

Yumerium’s cons include a white paper that fails to meet expectations and standards for how white papers are meant to be structured. They are foraying into a new branch of an existing market, which may come with risks of volatility, especially after ICO launch. Also, they are trying to flood the market with a very large number of tokens, effectively attempting to price themselves at 10 cents x 500 million, or $50 million.

Yumerium’s pros include an extremely experience team with a proven record of success. They also have a robust roadmap and have consistently met roadmap deliverables. The token conversion rate into Ethereum is reasonable compared to other ICOs that have occurred with similar opportunities. Also, they have set a soft goal that should be relatively simple to achieve with the interest in their project thus far.

Final Thoughts on Yumerium

Yumerium has a solid roadmap, a reasonable token conversion, and a goal that is achievable. They aren’t looking for a moonshot, and they aren’t throwing hail Mary’s, what with their capable and highly organized development team. They already have working game models in production, and are already on the path to wonderful success, and disrupting the staling and problematic gaming sector.