In Brief
- Significant Funding: YOM has garnered a $3 million investment to enhance its decentralized streaming network focused on digital entertainment.
- Technological Advancements: The investment will boost development of low-latency streaming technologies enabling superior gaming experiences without heavy downloads or specialized hardware.
- Network Efficiency: Utilizing decentralized edge computing, YOM aims to significantly lower hosting costs and streamline game access across various social platforms.
Strategic Investment in Decentralized Digital Entertainment
YOM, a pioneer in decentralized digital frameworks, has successfully secured $3 million from investors including Outlier Ventures, CV Labs, Protein Capital, Blockraise VC, and Simms International. This strategic investment is aimed at enhancing YOM’s integration with existing hardware distribution channels, bringing the total funding to over $4 million. These funds will primarily be directed towards developing advanced streaming technologies that allow for immediate gameplay, eliminating the need for extensive downloads or high-end gaming hardware.
The Technological Edge in Gaming
At the core of YOM’s strategy is the utilization of decentralized edge computing to address the latency issues commonly associated with cloud gaming. This model leverages a peer-to-peer system that situates processing power nearer to the user, maintaining a crucial latency of under 10ms for dynamic gaming experiences. Additionally, this method can slash hosting costs by up to 95% compared to traditional data centers, allowing game developers to invest more in content creation.
The integration of the Avalanche C Chain enhances YOM’s infrastructure, offering a secure and scalable foundation for economic transactions. The network employs a HyperOrch scheduler, a patent-pending technology, which dynamically matches player demand with the most suitable computing resources, optimizing both performance and resource utilization.
Democratizing Access to Gaming
YOM is committed to simplifying access to gaming platforms, which typically involve complex wallet setups and large file downloads. The network allows games to be streamed directly into social interfaces such as Telegram and Discord, resembling the simplicity of watching a YouTube video. Notably, YOM demonstrated its capacity by running Unreal Engine 5 content in a Telegram channel, highlighting the system’s ability to operate independently of local hardware capabilities. This approach is expected to expand the gaming market, particularly in areas with less access to advanced gaming technology.
Economic Model and Community Incentives
YOM’s sustainability is underpinned by an economic model that compensates node operators for lending their idle GPU cycles for game hosting. These operators are incentivized to invest in the network’s infrastructure, earning rewards proportional to the network’s compute demand. In addition, YOM employs a deflationary mechanism that burns a portion of each transaction, including reward payouts, to progressively increase the network’s long-term value.
Recognition and Future Prospects
Having won the Best Game Technology Investment Award at Gamescom, YOM continues to build a robust community, now boasting over 112,000 followers. Supported by entities like the Avalanche Foundation and leveraging advancements in edge computing, YOM is poised to transform the digital entertainment landscape, making high-quality gaming accessible and economically feasible worldwide.