Learned by 116 usersPublished on 2024.04.01 Last updated on 2024.12.03
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YOM, $yom, is an ambitious cryptocurrency project poised to transform the gaming industry through the establishment of pioneering cloud gaming infrastructure. This initiative is constructed on the Solana platform, which is known for its robust performance and scalability. By leveraging a distributed network of gaming machines, YOM aims to stream games seamlessly, create white-label metaverses, and explore innovative entertainment formats on a large scale. The project's vision encapsulates the potential of web3 technology to reshape how users engage with digital entertainment.
Launched in 2020, YOM operates as a cryptocurrency specifically designed for the gaming sector. The project boasts a total supply of 299,967,253 tokens, with 103,899,006 currently in circulation. At its core, YOM seeks to abolish the traditional barriers associated with gaming, particularly the reliance on costly gaming hardware. This revolutionary approach intends to expand opportunities for studios and game developers, enabling them to concentrate on creating high-quality games without the usual limitations imposed by conventional gaming platforms.
By eliminating hardware barriers, YOM broadens access to the gaming experience. Users can engage with games across various devices, making it easier for new players to join and partake in immersive experiences that may have previously been out of reach.
As of the current research, the information regarding the creator of YOM, $yom, remains undisclosed. This lack of public information can raise questions about the project's transparency and community engagement. However, it is essential to note that anonymity in cryptocurrency projects is not uncommon and does not necessarily reflect on the credibility of the initiative itself.
Details regarding specific investors backing the YOM, $yom project are not available from the sources reviewed. This absence may suggest a need for more substantial marketing efforts or a deliberate choice to maintain discretion among financial supporters. Understanding the backing of a cryptocurrency project can greatly influence the community’s trust and credibility; however, the absence of this information does not detract from the potential of YOM as an innovative gaming solution.
The operational mechanics of YOM are compelling and are central to its uniqueness in the gaming marketplace. At its foundation, YOM utilises a distributed network of gaming machines, referred to as nodes, to facilitate a global and low-latency cloud gaming experience. Node operators may participate in the network by offering their gaming machine cycles, allowing them to earn passive revenues. The competitive yield, which can reach up to 480% APY per license on a deflationary token, is a noteworthy enticement for participants in the ecosystem.
This decentralized approach means that players can stream games directly from the YOM network, significantly reducing or entirely removing the costs associated with high-end gaming equipment. It provides developers with the flexibility to focus on creating engaging content, fostering an environment where creativity is not stifled by technological constraints.
Several attributes set YOM apart in the burgeoning field of cryptocurrency and gaming:
Cloud Gaming Infrastructure: YOM's pioneering DePIN (Decentralised Physical Infrastructure Network) model on Solana allows for low-latency and near-zero cost cloud gaming, enhancing the experience for users.
Distributed Network: The strategic use of nodes not only provides scalability but also ensures efficient game streaming, which is particularly vital as the demand for online gaming continues to grow.
Passive Revenue Opportunities: With node operators earning substantial yields, YOM creates a sustainable financial model that both incentivises participation and promotes network growth.
Broader Market Access: By eliminating the need for expensive gaming hardware, YOM opens the door for developers to reach a wider audience, ultimately benefiting the gaming community as a whole.
An understanding of the project's evolutionary steps is crucial for appreciating its journey and future potential. Here’s a timeline of key events in the history of YOM, $yom:
2020: YOM was officially launched, marking the project's entry into the cryptocurrency space with a focus on gaming.
Mid-2020: Development efforts centred around creating a decentralized cloud gaming infrastructure, which would eventually be recognised as a significant innovation within the industry.
Ongoing Developments: The project continues to push forward, actively expanding its gaming ecosystem and developing partnerships to enhance its offering. As of now, YOM is trading on eight active markets, indicating a robust and growing presence within the web3 landscape.
YOM, $yom, stands at the forefront of a significant innovation wave within the gaming industry by harnessing blockchain technology and decentralised networks to create a scalable and accessible cloud gaming platform. By removing hardware limitations and establishing a unique revenue model through its node-based structure, YOM seeks to revolutionise how gamers access and interact with their favourite titles.
As the project continues to evolve, it represents a promising opportunity in the web3 and crypto space, aligning with the broader movement towards decentralisation and community empowerment in digital entertainment. Whether YOM, $yom will fulfil its vision as a leader in cloud gaming remains to be seen, but its innovative approach undoubtedly places it on a promising trajectory towards achieving impactful change in the gaming world.