In Brief
- YOM has secured a $3 million strategic investment to advance its decentralized streaming network for digital entertainment.
- The funding will further develop low-latency streaming solutions enabling high-performance gaming without extensive downloads or specialized hardware.
- Utilizing decentralized edge compute, the network aims to drastically cut hosting costs and improve game accessibility on social platforms.
Strategic Investment in Decentralized Digital Entertainment
YOM, a project focused on advancing the delivery of digital entertainment through decentralized infrastructure, has successfully raised $3 million in a strategic investment round. This funding, contributed by notable entities including Outlier Ventures, CV Labs, Protein Capital, Blockraise VC, and Simms International, marks a pivotal move in strengthening YOM’s integration with traditional hardware distribution channels.
The total investment received by YOM now surpasses $4 million, providing them with substantial resources to refine their technological framework. The capital will primarily aid in the development of streaming technologies designed to support complex games, facilitating instantaneous gameplay without the prerequisites of extensive downloads or specialized gaming hardware.
The Edge in Gaming Technology
Central to YOM’s system is its reliance on decentralized edge computing to tackle prevalent latency issues in cloud gaming. This approach utilizes a peer-to-peer model, ensuring that processing power is closer to the user, which is crucial for maintaining the under 10ms latency needed for fast-paced games and immersive experiences.
Cost efficiency is another significant advantage of this model, with the potential to reduce hosting expenses by up to 95% when compared to traditional centralized data centers. This saving enables developers to allocate more resources to content creation.
The integration of the Avalanche C Chain into YOM’s infrastructure promises a secure and scalable basis for handling economic transactions within the network. Using a patent-pending technology called HyperOrch scheduler, the system dynamically pairs player demand with the optimal compute resources in real time, enhancing performance and resource utilization.
Democratizing Game Access
YOM is keen on resolving the common complexities involved with entering new gaming platforms, where users often face daunting wallet setups and hefty file installations. Their infrastructure simplifies this process by enabling games to be directly streamed into existing social interfaces such as Telegram and Discord chats.
This method of distribution mimics the ease of watching a YouTube video; users can join gaming sessions through simple click-through links shared within their social circles. Such innovation notably showcased its capability by effectively running Unreal Engine 5 content within a Telegram channel, underscoring the system’s cloud-agnostic nature that doesn’t depend on local high-performance hardware. This strategy is expected to significantly broaden gaming markets, especially in regions where advanced gaming hardware is less common.
Economic Framework and Community Incentives
A unique economic model lies at the heart of YOM’s sustainability, where node operators who lend their idle GPU cycles for game hosting are financially compensated. This encourages participation and investment in the network’s infrastructure, from acquiring specialized ‘NANO’ nodes for efficient rendering to licensing software for personal gaming setups.
Operators earn rewards linked to the actual demand for network’s compute power, with a competitive yield potential based on the network’s traffic. The network also incorporates a deflationary mechanism by permanently burning a fraction of every transaction, including reward payouts, fostering long-term value increase as the network expands.
Recognition and Future Prospects
Following its acclaim, such as receiving the Best Game Technology Investment Award at Gamescom, YOM continues to engage a growing community, now exceeding 112,000 followers eager to engage in this decentralized ecosystem. With strategic backings, like that from the Avalanche Foundation and advancements in edge computing, YOM is well-placed to redefine the paradigms of digital entertainment, making high-quality gaming both universally accessible and economically viable.
