$YOM
The purpose of $YOM is facilitate an efficient decentralized market for cloud gaming and optimize it for cost-efficiency and performance.
$YOM connects supply with demand by rewarding gamers to allocate resources to stream experiences crafted and deployed by studios. Thereby, over time $YOM, while initially speculative, will converge to a price that is not pegged to gold or dollars, but to GPU power.
$YOM does not in any way represent any shareholding or participation in any company or undertaking, nor will it entitle holders to any promise of fees, dividends, revenue, profits or investment returns.
Supply
To start with, the total max supply of $YOM is 300,000,000 (300 mln.) and the total initial market cap at the time of the token generation event is $360,000. $YOM is a deflationary token, as it is impossible to mint more tokens and there are several burning mechanisms in place.
Of the total supply, 30% of the tokens have been sold in multiple rounds. In order to ensure healthy token liquidity, we kept the amount of publicly sold tokens to a minimum (1.33%).
The marketing/ops allocation will be used for the go-to-market strategies, such as bringing in more exchanges and ecosystem campaigns and to sell to the first strategic partners that will be using the product, ranging from the acquisition of implementation partners and global brands.
Sale & Vesting
There are multiple rounds, where depending on the token price, the party received an alternate vesting schedule associated with it. This rewards strategic parties who decide to hold the tokens for a longer period of time - until these too are released to the secondary market.
The team and advisory network share the same vesting schedule that prevents them from selling their first batch of tokens for at least 12 months - thereby signaling trust to the community.
The secondary market pricing of $YOM is not dependent on the effort of the team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing. To emphasize this, we use MyTrade MM, professional liquidity provider software that exposes every trade on-chain.
UPDATE 06/02 - changes in vesting schedule:
Token allocation | Released at TGE (old) | Released at TGE (new) |
Marketing | 7.5% | 1% |
Token allocation | Months to unlock (old) | Months to unlock (new) |
Marketing | 18 | 60 |
Co-op/DAO | 12 | 60 |
Team | 24 | 60 |
Key slides from the original tokenomics decks as was presented during our IDOs / raises:
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