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About Refereum

Refereum (RFR) is a blockchain-based referral platform designed for the gaming industry. According to the whitepaper, Refereum is the first referral marketplace for games. Referral marketing, the promotion of products or services to customers through referrals, is one of the most effective conversion tools for acquiring new customers. However, untrustworthy actors and high-priced micropayments have obstructed the ability to expand. Therefore, Refereum aims to solve referral marketing issues in the video game industry by establishing smart contracts directly between game developers and gamers. Refereum developed a decentralized, secure, and transparent marketplace with a blockchain-based record of purchases and referrals. The solution provided by the platform can eliminate fraud, intermediaries, and various fees. Furthermore, the platform means to redistribute marketing budgets to gamers and influencers. 

As cited on the whitepaper, Refereum aims to benefit all ecosystem participants in multiple ways:

RFR, the platform's utility token, operates on Ethereum. Refereum, through the Ethereum blockchain, provides a secure, dependable, and auditable platform for game developers, influencers, and gamers to collaborate and be rewarded. The gamers are rewarded with RFR tokens with full transparency for their engagement and purchases. Also, game developers can purchase RFR tokens for rewarding influencers and players for specific actions. The RFR token seeks to be transferable from one user to another without any need for interaction with the Refereum platform. 

The utilities of RFR tokens are: Firstly, anyone can purchase games on the Refereum platform using RFR tokens and see their receipt on the blockchain. Secondly, game developers can pay RFR tokens to have their game featured on the platform and sponsor other engagements. Lastly, vendors of digital goods can pay RFR tokens to have their products listed for distribution.

Refereum launched its service in November 2017. The founder of the platform is Dylan Jones. The whitepaper was launched on January 25, 2018.  

Market

Australia Market Stats

Market cap

A$684,481.10

Volume (24h)

A$37,735.04

Circulating supply

5.0B RFR

All time high

A$0.0857

Price change (1h)

-0.22%

Price change (24h)

-1.99%

Price change (7d)

-14.79%

Related Assets

Coinbase Bytes

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Refereum is on the decline this week.

The price of Refereum has decreased by 0.22% in the last hour and decreased by 1.99% in the past 24 hours. Refereum’s price has also fallen by 14.79% in the past week. The current price is A$0.000137 per RFR with a 24-hour trading volume of A$37.74K. Currently, Refereum is valued at 99.84% below its all time high of A$0.0857. This all-time high was the highest price paid for Refereum since its launch.

The current circulating supply of Refereum is 4,999,180,100 RFR which means that Refereum has as total market cap of 4,999,180,100.

FAQ

What is the current price of Refereum?

We update our Refereum to AUD currency in real-time. Get the live price of Refereum on Coinbase.

What is the market cap of Refereum?

The current market cap of Refereum is A$684.48K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Refereum?

The all-time high of Refereum is A$0.0857. This all-time high is highest price paid for Refereum since it was launched.

What is the 24 hour trading volume of Refereum?

Over the last 24 hours, the trading volume of Refereum is A$37.74K.

What other assets are similar to Refereum?

Assets that have a similar market cap to Refereum include Zyberswap, The QWAN, Dexsport, and many others. To see a full list, see our comparable market cap assets.

How many Refereum are there?

The current circulating supply of Refereum is 5 billion.

Can I buy Refereum on Coinbase?

Yes, Refereum is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Refereum guide.