Refereum RFR is a blockchain-based referral project designed for games. It is a cryptocurrency that operates on the Ethereum platform and is the first referral marketplace for the gaming industry.
The referral marketing itself is a very important and the most effective strategy and conversion tool in gaining new customers and promoting products as people buy more when referred by a friend which makes referral the most trusted form of advertisement. However, unreliable actors and high-priced micropayment have clogged its ability to step up. So, in order to solve the referral marketing issue in the gaming industry, Refereum established a smart contract directly between gamers and developers.
In other words, Refereum developed a decentralized, safe, secure, and transparent marketplace with a blockchain-based record of purchases and referrals. This solution provided by this platform can cut out fraud, intermediaries, and various fees. In addition, the platform aims to redistribute marketing budgets to gamers and influencers.
Any influencer, regardless of their following size, can choose meaningful and monetizable content for their followers rather than wait to be approached by advertisement agencies for campaigns. And the average gamers are allowed to share in the economy of tokens- meaning gamers can earn the platform token, RFR, by advancing in the game. The platform also permits 99% of gamers who make up the community to participate in the token economy.
As mentioned above, Refereum is building on the foundation of the Ethereum blockchain to create an outstanding platform. By utilizing the Ethereum blockchain, Refereum provides a secure, reliable, and auditable way for game developers, influencers, and gamers to come together and earn rewards. While the Refereum platform provides tools to simplify, analyze, and encourage engagement between these groups. The gamers are rewarded with RFR tokens with full transparency for their participation and purchases. Also, game developers can purchase RFR tokens to reward influencers and players for specific actions.
The architecture of the RFR token is key to the technology and it adheres to the ERC20 standard. The RFR token can be transferred from any user to any other user without interacting with the Refereum platform. This shifts further control of the decentralized virtual currency to the community.
With a lower barrier to entry, the number of game developers has increased greatly which has widened the gaming ecosystem including even more gamers and influencers.
Who are the founders of Refereum (RFR)?
The Refereum team comprises of many games industry veterans (from Unity, EA, IGN, Zynga, Ubisoft, and Google) and world-renowned white hat cryptographers. Refereum launched its service in November 2017 and was founded by Dylan Jones.
What is Refereum (RFR) used for?
Refereum features so many outstanding uses, especially its token.
With the RFR token sellers of digital goods can use this token to pay to have their products listed for distribution.
Game developers too can pay to feature their games and sponsor more engagements. Also, anyone can use the RFR token to buy games and they can even view their receipts in the blockchain.
How is Refereum (RFR) unique?
Refereum is a platform built to create an easy, unique, and reliable referral environment for game developers, gamers, and influencers too.
With Refereum, gamers don’t have to worry about how they use their time as developers not only attract them to new games but also get paid for watching or playing the new games and they can use what they’ve earned to buy more games
Refereum allows influencers to find relevant games for their fans regardless of how large or small their followers might be. With this, the influencer gets a cash reward for any purchases made through their referral link and also the chance to either trade the tokens or buy more games to stream. The fans also benefit by getting access to less expensive games
With Refereum, developers can add their game to the Refereum platform and offer a high referral bonus for anyone who purchases or refers to their game. Instead of paying 30% to traditional distribution platforms, they can choose to share 10% of profits with streamers who help sell their game through referrals and create content for it.
How many Refereum (RFR) coins are in circulation?
The current circulating supply of RFR is 4,999,180,100
How is the Refereum (RFR) network secured?
The smart contracts established directly between developers and gamers create a decentralized, dependable, and transparent marketplace with a record of purchases and referrals written into the Blockchain.
How do I buy Refereum (RFR)?
The Refereum (RFR) token can be used for a wide range of purposes, like staking and payments.
Refereum (RFR) tokens can be easily purchased with the following steps.
* Open an account with the crypto trading platform of your choice.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy Refereum (RFR) through your trading account.
Which Cryptocurrency Wallet Supports Refereum (RFR)?
The PTPWallet platform supports many cryptocurrencies, with RFR soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most used platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform offers a simple user interface, is supported by both Android and iOS devices, and comes with its own mobile wallet app.