KEY TAKEAWAYS
- YOM is set to conduct a Token Generation Event (TGE) in three months, offering tokens at $0.15 each, promising a fourfold value increase for current holders.
- The TGE will occur on the peaq network, chosen for its stability and utility support, as YOM transitions from Solana through a strategic two-step bridging process.
- YOM’s innovative tokenomics strategy includes reducing token supply and eliminating team allocations to enhance scarcity and align with its mission.
- YOM is pioneering cloud gaming infrastructure, supported by industry leaders, to enable gaming on any device without traditional consoles.
YOM has announced its upcoming Token Generation Event (TGE), set to occur in three months, with tokens priced at $0.15 per $YOM. This event, detailed here, promises a significant return for current holders, marking an instant fourfold increase in value.
The TGE will take place on the peaq network, a strategic decision that reflects YOM’s focus on building a sustainable ecosystem. The peaq network is favored for its utility support, distancing itself from the volatility often seen in other networks like Solana. YOM’s approach includes network usage, node lockups, and token burns as key components of its strategy.
Strategic Shift and Bridging Process
YOM has opted for a two-step bridging process to transition from Solana to peaq. This decision follows extensive planning and aims to leverage the strengths of both networks. The bridging process will involve a dynamic vesting and burning mechanism, allowing participants to choose their vesting period and TGE discount based on the current token price.
YOM’s strategy includes a focus on reducing token supply to increase scarcity, benefiting long-term holders. The company has restructured its tokenomics, eliminating team and advisor allocations to align with its current mission. As of August 1, 2025, YOM holds approximately 69.06% of its total supply, as verified on Solscan.
Future Prospects and Cloud Gaming Innovation
Looking ahead, YOM aims for significant network growth, with plans for lockups to exceed the entire fully diluted valuation (FDV) by 2027. By mid-2028, the company forecasts over $45 million worth of tokens will be burned, potentially driving price pressure upwards.
YOM is pioneering the first cloud gaming infrastructure, enabling gaming on any device without the need for traditional consoles. Supported by industry leaders like Outlier Ventures and Borderless Capital, YOM is set to redefine cloud gaming experiences.
Explore More News:
Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
