Refereum (RFR)
Problem – the gaming industry is developing by leaps and bounds and developers want to create the opportunity to attract new customers through referral programs, but in the current conditions there is a chance of falling for scammers, and even fiat micro -payments are expensive. Marketing and advertising costs take a large amount of money from development teams, and placing their products on platforms such as Steam, GOG Galaxy and others takes up to 30% of the profit from game sales.
What does Refereum offer?
A smart contract will be written to connect gamers and developers so that purchases and referral records are stored on the blockchain. This allows you to remove intermediaries, reduce fraud, remove geographical restrictions, significantly reduce the marketing budget, or vice versa, you can leave the budget the same, but developers who buy RFR tokens can directly reward the community interested in promoting their product. Thus, a streamer broadcasting a game on twitch-e can receive a reward from the developer through RFR tokens, with which he can buy other games in their marketplace, or even convert them to fiat currency. In this way, there can be continuous feedback between developers and gamers, and a network effect of product distribution. As the developers say, in the future their service can be used in other industries: fitness, sales, entertainment, travel, etc.
RFR token is a utility token of the ERC-20 standard. The token smart contract is necessary for interactions within the network between the developer and the consumer. Using the token, you can buy games on the marketplace, the open source code with examples for games allows you to independently change the contract code for your games (if you are a developer), and it can also be used simply as an exchange currency.
- Total number of tokens – 5,000,000,000 RFR
- For sale – 2,500,000,000 RFR
- Cost ~ 0.01$
- Token sale - February 8, 2018
Team:
CEO Dylan Jones - Unity developer, founder of Gamenest.
Chief Engineer Alistair Doulin is a veteran of the video game industry. Worked at Battlestar GALACTICA, Bane Games.
Business Development Manager Sloane Earl – worked at Concept Art House, Plastic Wax
Engine developer Mark Maratea – has fifteen years of experience in game development in companies such as EA, Ubisoft .
Public relations is handled by Katie Williams, a journalist who has written articles about games for publications such as IGN, PC gamer, GameSpy, PC PowerPlay and others. She is currently an editor at Google Play.
Advisors:
Koh Kim – promotes gaming startups and is responsible for developing business plans. He is one of the early members of the Google Play Games Business Development team.
Oleksii Matiiasevych (Alexey Matiasevich) – member of the Ambisafe team, hacker from WhiteHat. Rescued and returned millions of dollars in connection with the July events of the air network vulnerability. He wrote a smart contract for refereum.
David Park is a manager and consultant with 20 years of experience. Worked at Facebook, McKinsey & Company, Nextdoor.
Miko Matsumura – worked in Silicon Valley for 25 years, responsible for marketing for companies with an emphasis on open source. He is the founder of Evercoin cruptocurrency exchange.
Partnerships:
1. Twitch is a top service for streaming games. Refereum is already integrated there.
2. Unity – game engine.
3. Connext API - purchasing tokens through credit cards, through which you can withdraw to fiat.
Conclusions
The product is niche, very hype, the team inspires great confidence. The same Alexey Matiasevich talks well in Russian about the basics of blockchain. One of the shortcomings is that the composition of advisors in the whitepaper and on the website differs slightly, but of course, with such a team and interest from the community, this project is worth taking a closer look at.
