Market Rank | #5766 |
---|---|
Market Cap | $ 0.2M |
Volume 24h | $ 5.3K |
Circ. Supply | 4.9B |
Total Supply | 5.0B |
Max Supply | ? |
As of today, the price for Refereum (RFR) is currently $ 0.00003247. The price has decreased by -6.61%% in the last 24 hours, making it a cryptocurrency to keep an eye on.
Refereum is a blockchain-based platform designed to disrupt traditional advertising markets. Using the disruptive nature of blockchain technology, Refereum aims to overhaul conventional marketing strategies by directly connecting game developers and influencers in the gaming world. This direct connection results in lower marketing costs and increased profitability on both ends.
Moreover, Refereum aims to enhance engagement within the gaming community by offering rewards in the form of cash prizes, envisaging a range of rewards from in-game high scores to grand prizes in eSports challenges.
Whilst exact information on the founding team behind Refereum may not be readily available, it can be corroborated that a team of seasoned professionals with a mutual interest in the gaming industry and blockchain technology have been working intensively on the project. This team is committed to pioneering innovative solutions, as is clearly manifested in their active collaboration with well-known industry entities such as Twitch and Unity.
The Refereum platform works by bridging the gap between game developers and influencers. With the assistance of blockchain technology, developers can market their games directly to influencers, bypassing costly traditional advertising intermediaries.
Influencers earn rewards for promoting games, and these rewards are directly proportional to their level of engagement and the engagement of their followers with the promoted games. This incentivizes influencers to harness their reach effectively, resulting in a win-win for both parties involved.
In summary, the extractor-fan-like nature of Refereum (RFR) spurs growth in the game development scene while simultaneously incentivizing the influencers for their endorsements.
Refereum is built on the scalable Ethereum blockchain, which credible for its transparency, security, and its open-source nature. This technology ensures that transactions executed on the Refereum platform are swift, reliable, and permanently verifiable.
Beyond this, Refereum leverages smart contracts to ensure that all transactions within the ecosystem are carried out seamlessly and fairly. This technological integration facilitates the direct relationship between game developers and influencers and ensures that all parties are rewarded as stipulated in their respective contracts.
There are approximately 4.9B RFR in circulation at this point in time. Note that this figure might vary slightly due to the demand and supply dynamics in different cryptocurrency exchanges.
Refereum (RFR) can be purchased on multiple cryptocurrency exchanges, although the most popular ones are likely those listed on our website. As always, it is important to use trustworthy exchanges that offer good security practices to protect your investments.
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