On February 19th, Ultiverse, an AI-driven one-stop platform for Web3 game production and publishing, announced the launch of Ulti-Pilot. Ulti-Pilot allows users to obtain points, SOUL, and other in-game assets in the Ultiverse ecosystem at zero cost.
The blockchain game track has always been a hot topic in the Web3 field. Its digital assets naturally fit the characteristics of cryptocurrency, and it is easy to go from investment research to huge financing. It was once considered one of the keys to achieving Web3 mass adoption. However, since the end of the last bull market, a phenomenal blockchain game project has not yet evolved. Although there are factors such as "good game development takes time", fundamentally, the core problem of "Web3 game economics" has not been solved.
The debut of Ultiverse is not sudden. Frank Ma, who graduated from Carnegie Mellon University in 2021, founded Ultivers. On March 18, 2022, Binance Labs and Defiance Capital jointly completed a seed round financing of $4.50 million, and has received a total investment of $18.50 million. During the two-year bull and bear market transition, Ultivers has continuously iterated various products, and its interactive users have also continued to grow. Coupled with good fundamentals, it has accumulated a considerable client base.
On January 3rd, Ultiverse released its white paper and token economics, and will officially launch the token $ULTI on June 6th. At the same time, The First will be launched at 18:00 (UTC + 8) on June 6th, 2024.
What is Ultiverse?
Ultiverse is a AAA-level social virtual world built on Unreal Engine 5, dedicated to creating the future in the field of metaverse technology. Ultiverse hopes to create a Web3 social game metaverse that allows users to truly immerse themselves in it. As a comprehensive platform, Ultiverse combines web3 with VR, integrating various functions such as social experience, AAA games, DeFi and DEX access, DAO, sub-DAO, etc. It provides a more diverse User Experience and a more inclusive user community, aiming to establish a true MetaFi like "Ready Player One".
In the world of Ultiverse, players can import their own NFTs from other chains and showcase them through personal art galleries. In addition, users can also sell their own NFTs. Hosting parties, Battle Arena events, and establishing agency halls increase interaction and sociality among users.
On the public market, players can list and trade their NFTs and game resources. At the same time, Ultiverse provides interaction between banks, DeFi platforms, and DEXs. These powerful public facilities can bring more mining value and experience to players.
For community governance, Ultiverse will be presented in the form of a committee, that is, by discussing and deciding on governance issues and future development roadmaps. At the same time, players will create agencies among themselves, and players who own land can establish their own agency halls.
Ultiverse's virtual world is based on Unreal Engine 5, which utilizes the Unreal Enterprise plan and internal prototyping to create high-quality visual application experiences, such as AAA games, film production, and realistic visualization. Based on internal prototyping, Ultiverse generates NPCs through artificial intelligence and adjusts them according to player behavior, giving players a unique gaming experience.
It is worth mentioning that Ultiverse will create MetaFi, a metaverse-based economic system that is closer to the real world. Unlike traditional GameFi social gaming experiences, Ultiverse encourages users to actively build commercial facilities to proactively increase the value of their land or property. This means investing in various properties that serve different communities and creating a land ecosystem.
Ultiverse is developed by a world-class game studio with team members who have backgrounds in technology, gaming, and marketing. The founder, Frank, graduated from CMU and is a game enthusiast. Currently, the team consists of about 200 developers, artists, and others. The core team members have previously worked at Gameloft, Blizzard, Ubisoft, Tencent, etc. They have participated in the development and design of well-known games such as "Elden Ring", "Assassin's Creed", and "Prince of Persia".
The team members attach great importance to the gaming experience and use the cutting-edge game power builder - Unreal Engine 5 to create games. They also use advanced software and technologies such as Fortnite, Dragon Quest 12, and Mass Effect 4 to create a true 3A chain game.
By building a social game metaverse that connects Web3 and immersive virtual reality, and by empowering players with different economic abilities to establish mutually beneficial relationships, an unprecedented MetaFi is created. The ultimate goal of Ultiverse is to establish a bridge between traditional players seeking an immersive world, cryptocurrency investors seeking high-value propositions, and mining enthusiasts, and to jointly promote the further development of metaverse technology through community cooperation and development.
II. Ultiverse Token Economics
Ultiverse has raised $18.50 million from investors including Binance Labs and Defiance Capital. In January, Ultiverse announced the practicality and token economics of its governance token, $ULTI, which has three main utilities within the Ultiverse ecosystem.
1. Proof of ecological governance rights and interests;
2. Entry pass. Dapps that want to integrate with the Ultiverse ecosystem need to use $ULTI payment, and some of the tokens are allocated to users.
3. Payment method, $ULTC is the payment method for assets within the Ultiverse ecosystem.
The total number of ULTI publications is set at 10 billion, and the specific distribution is as follows:
Token name: ULTI (Ultiverse)
Total supply: 10,000,000,000 ULTI
Community and ecology: 46.00%
Investors: 20.00%
Core contributors: 17.00%
Airdrop: 8.00%
Jumpstart：3.00%
Liquidity: 3.00%
Advisor: 3.00%
AI is the bottom-level driver, games are Application Scenario, and blockchain games naturally have a richer and more complex economic ecosystem. AI + web3 breaks the limitations of traditional games and can provide players with a more personalized experience, achieving Refined Operation. Such a gaming experience is far beyond what early Web3 games can match
Ultiverse has successfully created a 3A-level metaverse platform through its powerful AI engine, providing users with deep AI feature analysis and customized experiences. Its AI strategy will lead to a huge breakthrough in Web3 games. Combining multiple attributes such as social and metaverse, it will be the next leading metaverse game.
Currently, with the support of AI and gaming hotspots, Ultiverse has received investment from leading institutions such as Sequoia and Binance, attracting the attention of capital and is expected to continue to lead the market. Let's look forward to its exciting performance with the support of The First.
The blockchain game track has always been a hot topic in the Web3 field. Its digital assets naturally fit the characteristics of cryptocurrency, and it is easy to go from investment research to huge financing. It was once considered one of the keys to achieving Web3 mass adoption. However, since the end of the last bull market, a phenomenal blockchain game project has not yet evolved. Although there are factors such as "good game development takes time", fundamentally, the core problem of "Web3 game economics" has not been solved.
The debut of Ultiverse is not sudden. Frank Ma, who graduated from Carnegie Mellon University in 2021, founded Ultivers. On March 18, 2022, Binance Labs and Defiance Capital jointly completed a seed round financing of $4.50 million, and has received a total investment of $18.50 million. During the two-year bull and bear market transition, Ultivers has continuously iterated various products, and its interactive users have also continued to grow. Coupled with good fundamentals, it has accumulated a considerable client base.
On January 3rd, Ultiverse released its white paper and token economics, and will officially launch the token $ULTI on June 6th. At the same time, The First will be launched at 18:00 (UTC + 8) on June 6th, 2024.
What is Ultiverse?
Ultiverse is a AAA-level social virtual world built on Unreal Engine 5, dedicated to creating the future in the field of metaverse technology. Ultiverse hopes to create a Web3 social game metaverse that allows users to truly immerse themselves in it. As a comprehensive platform, Ultiverse combines web3 with VR, integrating various functions such as social experience, AAA games, DeFi and DEX access, DAO, sub-DAO, etc. It provides a more diverse User Experience and a more inclusive user community, aiming to establish a true MetaFi like "Ready Player One".
In the world of Ultiverse, players can import their own NFTs from other chains and showcase them through personal art galleries. In addition, users can also sell their own NFTs. Hosting parties, Battle Arena events, and establishing agency halls increase interaction and sociality among users.
On the public market, players can list and trade their NFTs and game resources. At the same time, Ultiverse provides interaction between banks, DeFi platforms, and DEXs. These powerful public facilities can bring more mining value and experience to players.
For community governance, Ultiverse will be presented in the form of a committee, that is, by discussing and deciding on governance issues and future development roadmaps. At the same time, players will create agencies among themselves, and players who own land can establish their own agency halls.
Ultiverse's virtual world is based on Unreal Engine 5, which utilizes the Unreal Enterprise plan and internal prototyping to create high-quality visual application experiences, such as AAA games, film production, and realistic visualization. Based on internal prototyping, Ultiverse generates NPCs through artificial intelligence and adjusts them according to player behavior, giving players a unique gaming experience.
It is worth mentioning that Ultiverse will create MetaFi, a metaverse-based economic system that is closer to the real world. Unlike traditional GameFi social gaming experiences, Ultiverse encourages users to actively build commercial facilities to proactively increase the value of their land or property. This means investing in various properties that serve different communities and creating a land ecosystem.
Ultiverse is developed by a world-class game studio with team members who have backgrounds in technology, gaming, and marketing. The founder, Frank, graduated from CMU and is a game enthusiast. Currently, the team consists of about 200 developers, artists, and others. The core team members have previously worked at Gameloft, Blizzard, Ubisoft, Tencent, etc. They have participated in the development and design of well-known games such as "Elden Ring", "Assassin's Creed", and "Prince of Persia".
The team members attach great importance to the gaming experience and use the cutting-edge game power builder - Unreal Engine 5 to create games. They also use advanced software and technologies such as Fortnite, Dragon Quest 12, and Mass Effect 4 to create a true 3A chain game.
By building a social game metaverse that connects Web3 and immersive virtual reality, and by empowering players with different economic abilities to establish mutually beneficial relationships, an unprecedented MetaFi is created. The ultimate goal of Ultiverse is to establish a bridge between traditional players seeking an immersive world, cryptocurrency investors seeking high-value propositions, and mining enthusiasts, and to jointly promote the further development of metaverse technology through community cooperation and development.
II. Ultiverse Token Economics
Ultiverse has raised $18.50 million from investors including Binance Labs and Defiance Capital. In January, Ultiverse announced the practicality and token economics of its governance token, $ULTI, which has three main utilities within the Ultiverse ecosystem.
1. Proof of ecological governance rights and interests;
2. Entry pass. Dapps that want to integrate with the Ultiverse ecosystem need to use $ULTI payment, and some of the tokens are allocated to users.
3. Payment method, $ULTC is the payment method for assets within the Ultiverse ecosystem.
The total number of ULTI publications is set at 10 billion, and the specific distribution is as follows:
Token name: ULTI (Ultiverse)
Total supply: 10,000,000,000 ULTI
Community and ecology: 46.00%
Investors: 20.00%
Core contributors: 17.00%
Airdrop: 8.00%
Jumpstart：3.00%
Liquidity: 3.00%
Advisor: 3.00%
AI is the bottom-level driver, games are Application Scenario, and blockchain games naturally have a richer and more complex economic ecosystem. AI + web3 breaks the limitations of traditional games and can provide players with a more personalized experience, achieving Refined Operation. Such a gaming experience is far beyond what early Web3 games can match
Ultiverse has successfully created a 3A-level metaverse platform through its powerful AI engine, providing users with deep AI feature analysis and customized experiences. Its AI strategy will lead to a huge breakthrough in Web3 games. Combining multiple attributes such as social and metaverse, it will be the next leading metaverse game.
Currently, with the support of AI and gaming hotspots, Ultiverse has received investment from leading institutions such as Sequoia and Binance, attracting the attention of capital and is expected to continue to lead the market. Let's look forward to its exciting performance with the support of The First.
