YOM Prepares for $YOM Token Generation Event and Mainnet Launch

The $YOM Token Generation Event (TGE) is set to take place on October 28th, marking a significant milestone for YOM as it approaches the launch of its Mainnet. The event will occur at noon CET on the peaq network, as announced here. This development is part of YOM’s broader strategy to revolutionize cloud gaming by moving away from traditional centralized server models.

YOM has received proposals from several leading Initial DEX Offering (IDO) platforms to ensure a robust and widespread launch. The final selection of IDO partners will be made before the TGE date. Following the TGE, $YOM will be available for trading starting November 17th via MachineX, with initial trading pairs to be announced.

Upcoming NANO Device Sales and Airdrop

In addition to the TGE, YOM has announced the release of a new wave of YOM NANO Devices on November 17th. These devices will be available in limited quantities through YOM’s partners at Freshminers. A comprehensive guide on reserving these devices and licenses will be released soon, providing detailed instructions for interested buyers.

On the same date, an airdrop will occur for community members who locked up tokens in April. The airdrop will match the unlocked token amount, backdated to the TGE date. This initiative is part of the legal terms being negotiated with potential IDO partners, concluding when trading begins on the decentralized exchange (DEX).

Interactive Live Stream and Future Prospects

To celebrate the TGE, YOM will host a live, interactive stream on October 28th through its YouTube, X, and LinkedIn accounts. The broadcast will feature insights, surprise guests, and key partners, marking this new chapter for YOM. Further details, including the full guest lineup and agenda, will be revealed soon.

YOM aims to transform the gaming industry by providing a decentralized cloud network that offers cost-efficient and flexible solutions for game publishers. This network allows for player onboarding through various platforms, including Discord and Telegram, and enables living room play via Chromecast. As the gaming and Decentralized Physical Infrastructure Networks (DePIN) spaces gain attention, YOM continues to position itself as a leader in this evolving landscape.

Why This Matters: Impact, Industry Trends & Expert Insights

The upcoming $YOM Token Generation Event (TGE) and Mainnet launch mark a pivotal moment for YOM as it seeks to establish a decentralized cloud gaming infrastructure. This development is integral to YOM’s strategy to shift away from centralized server models.

Recent industry reports indicate that decentralized cloud gaming is part of a broader transformation in the gaming industry. While traditional platforms dominate, blockchain technology is pioneering decentralized ownership and asset portability. This aligns with YOM’s initiative to revolutionize cloud gaming through decentralized infrastructure.

As per insights from analysts, the PEAQ Network, which hosts the YOM TGE, is strategically positioned as a Layer 1 blockchain for Decentralized Physical Infrastructure Networks (DePINs), showing significant growth and venture capital backing. This supports the potential impact of YOM’s TGE on the broader market and its strategic positioning within decentralized gaming infrastructure.

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