Refereum (RFR) Analysis

Market Cap

$18,483,168 USD

Volume (24h)

$1,964,125 USD

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3.2

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

Refereum Markets Rank: 4/100
Volume Ratio

How actively is this asset being traded on the market?

Refereum Volume Ratio Rank: 11/100
Market Cap

The total cost of all coins available.

Refereum Market Cap Rank: 93/100
24h Change

Is the price moving up or down?

Refereum 24h Change Rank: 49/100
Social Following

How many users are following this coin?

Refereum Social Following Rank: 97/100
Twitter Citation

How many users are talking about this coin in Twitter?

Refereum Twitter Citation Rank: 3/100
User Voting

How popular is this coin among Cointobuy community?

Refereum User Voting Rank: 69/100

Refereum investment analysis

Refereum investment is a truly rare type project as it addresses a unique niche within the entertainment industry – the gaming industry. Here, the solutions being provided are meant to address the needs of game developers and also incentivize the gaming community to support game development in a more radical way.

The problem of middlemen infesting business processes can never be undermined. That is why projects like Refereum set out to remove the stifling effect of redundant centralized entities that limits the creativeness of developers and the experience as a whole.

Advertising companies charge relative high costs for putting the creators’ contents out there, and this ultimately affects the productivity and the incentive to create more exciting and rewarding games. The objective of this project is to redistribute the marketing budget away from centralized corporations to the core gaming community that comprises the gamers, developers, and influencers.

How to buy?

$0.003697

+22.5%

$0.004531

602/3490

by Safety

2627/3490

by Profit

How to buy Refereum?

In less than 6 months from the conclusion of its ICO, RFR achieved a listing success on 8 exchanges. A pretty amazing feat for such an asset in the gaming industry. These exchanges are popular but have different trade volumes and different currency pairs. On all the exchanges, the following pairs are observed: BIX, BTC, ETH, KRW, and USDT. ETH appears to have the most dominance in all the exchanges, but KRW as at the time of writing had more 24-hour trade volume.

If you need to buy Refereum, you would need any of the above-mentioned cryptocurrency pairs, but preferably choose the one with the most 24-hour trading volume. That’s most likely to have better pricing and good liquidity functions. As for the storage of the token, the project is built on the Ethereum network and therefore will use any ERC-20 wallet to store the digital asset. So you can use your myetherwallet, metamask or any other compatible wallets you know.

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The gaming industry is one very lucrative sector of the entertainment economy. This is because, stakeholders are well incentivized by the ideology of game creation, development, and consumer satisfaction. However, these dynamics are being hampered each time sub-level marketing or advertising operators interfere with the harmonics.

Middle-men problems plague a lot of industry and any attempt to rid them in order to create a wholesome economy is a noble one, however difficult. More so, most the of the centralized systems that take part in this constraint make so much money and would in any way hinder these guys from breaking free from their grip.

The decentralized system is truly the only way to liberate the gaming economy and the blockchain is the incentive to drive this solution.

The solution is a complete suit to successfully eliminate the middlemen and connect value creators directly. Redistributing marketing budget as mentioned earlier, and offering game developers cheaper marketing and better traffic are important objectives of the platform.

However, incentivizing Gamers and influencers to participate in the economy by playing video games and making money at it becomes a powerful tool. Finally, lowering the entry barrier of esports as a career could as well change how people view gaming as in the entertainment industry.

The thing about Refereum is that everyone (value creators within their ecosystem) makes money. So if you were to invest in RFR, you would be taking a huge investment decision, as this builds over the game economy which is an existing entity and already has successful track records in the centralized system. However, the success of this platform means that ROI for investors will be huge.

A further Refereum analysis, specifically looking at its trading dynamics since it got listed, we can observe that a lot of trading activities have been going on the asset and therefore indicates that adoption is building and fairly stable.

However, while do not attempt to provide investment advice, we recommend that investors do their due diligence before participating in any cryptocurrency investments. So far, on the price chart in course of 5+ months, trading has seen 9 figure trading volume. Although currently below listing price.

As part of their partnership successes, Twitch, a leading video streaming service; Unity, a popular gaming engine; XAYA, a community growth engine, are bound to make the influence of the project more pronounced.

In summary, the platform happens to be a project that should appeal to a sect – gamers in the entertainment world, and this project is pushing the right buttons to achieve their aim. But the rate of adoption will determine if it’s a long-term investment type or not.

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