What is Ultiverse? Information about ULTI Token

Table of Contents

Gaming and AI are two highly promising fields in the cryptocurrency sector, and Ultiverse is a project that has successfully integrated both. So, what is Ultiverse? Is the ULTI Token worth investing in? Let’s explore with AZC.News!

What is Ultiverse?

Ultiverse is a pioneering project building an expansive gaming world that integrates Artificial Intelligence (AI) and is built on blockchain technology.

The goal of Ultiverse is to redefine digital interaction and explore new possibilities in digital entertainment. The project creates a comprehensive society in a virtual space, where users can create and connect with each other through various mediums such as on-chain games, NFTs, decentralized applications (dApps), and a media matrix.

The groundbreaking combination of AI and blockchain provides a foundation for robust online gaming development and expands economic opportunities for various blockchain applications. Ultiverse has attracted a large community with over 1.5 million users, including NFT holders, influencers, and gamers.

Ultiverse DAO has attracted investments from leading investors such as Sequoia, Binance Labs, DeFiance Capital, and SVC. Additionally, the project collaborates with strategic partners like Avatar, Certik, Chainlink Labs, Element, Meson Network, and X2Y2, enhancing development potential and increasing reliability.

What are the core products of Ultiverse?

Electric Sheep – Genesis NFT Collection

The Electric Sheep collection is Ultiverse’s Genesis NFT collection, consisting of 7,000 unique NFTs inspired by the novel “Do Androids Dream of Electric Sheep.” The idea of digital immortality is central to this collection. In the story, Humanoids seek a soul, while Augmented Humans aim for eternal life. This theme reflects the belief in the potential realization of these concepts within the Ultiverse ecosystem.

AI-Driven Avatar: Ulti-Pilot

Within the Ultiverse ecosystem, ‘Ulti-Pilot’ is a revolutionary avatar concept that provides a personalized and vivid experience.

Upload Personal Data: Users can upload voice, images, past conversations, knowledge, and skills to create their Ulti-Pilot through the Bodhi Protocol.
Customization and Development: This data forms the foundation to create and train a user’s unique Ulti-Pilot, reflecting their characteristics and abilities.
Interaction Within the Ecosystem: Users can utilize Ulti-Pilot to participate in creative and entertainment activities in Ultiverse.
Earn $ULTI: Engaging with Ulti-Pilot helps users earn $ULTI tokens.

World Fragment

World Fragment is a special type of NFT used to create Micro Worlds within the digital environment. The total supply is fixed, with 7,000 World Fragments to be airdropped to ES holders.

Create World Book: Holders can use World Fragments to create World Books, providing detailed guides for each Micro World.
Personalized Experience: Each Micro World offers a unique experience that changes based on player interactions.

MetaGF

MetaGF is an advanced AI assistant that helps players navigate the Ultiverse ecosystem.

Personal Companion: MetaGF acts as a virtual companion, offering personalized experiences and interactions with players.
News Updates: MetaGF provides the latest information on Web3, blockchain, and DeFi.
Personalized Suggestions: Based on user preferences and activities, MetaGF offers suggestions on events, games, and new opportunities.
Social Connectivity: MetaGF assists in managing social engagements and connections within Ultiverse.
Learning and Growth: MetaGF records the player’s journey and develops alongside their Ulti-Pilot.

Highlights of Ultiverse

Uses AI to revolutionize product design, user interaction, and content creation. Ultiverse ensures the ecosystem is not only rich and diverse but also intelligent and adaptive, capable of evolving with user interactions and preferences.
AI-driven gaming allows for true ownership of in-game assets, transparent and fair game mechanics, and a new level of player engagement.
AI-powered DApps provide platforms for communication, collaboration, and community building, enabling meaningful user connections and interactions.
NFTs in Ultiverse can be digital art, collectibles, virtual real estate, and unique in-game items.

Team

Frank Ma – CEO

2008-2012: Frank Ma completed his Bachelor’s degree in Mathematics at Zhejiang University, laying a solid foundation for his career in technology.
2012-2013: Furthering his expertise, Frank Ma enrolled and completed a Master’s degree in Computer Science at the prestigious Carnegie Mellon University.
2014-2015: Frank Ma co-founded Meelink, a security service project, successfully deploying web and iOS applications for the product.
2013-2016: He joined the major tech corporation Oracle as a Senior Developer, deploying the company’s cloud-based recruitment service.
2016-2022: With his experience and skills, Frank Ma was trusted with the role of Director of Engineering at SupplyFrame.
2022-present: Frank Ma continues to affirm his leadership role as the CEO of Ultiverse, a pioneering project developing a gaming world that integrates AI and blockchain.

Investors

Ultiverse has successfully raised up to $22.5 million. The funding timeline is as follows:

March 18, 2022: The project marked its beginning by raising $4.5 million in the Seed Round with participation from four investors, led by Binance Labs and DeFiance Capital.
March 25, 2022: Continuing the success, Binance Labs once again partnered with the project and led a $5 million funding in the Seed Round.
June 30, 2022: Ultiverse further made an impact by raising $9 million in the Venture Round from Mint Ventures.
February 14, 2024: Marking a new milestone, the project successfully held an ICO, raising $4 million from IDG Capital.

What is ULTI Token?

Basic Information about ULTI Token

Token Name: Ultiverse Token
Ticker: ULTI
Blockchain: BNB Chain
Token Standard: Updating…
Contract: Updating…
Token Type: Utility and governance
Total Supply: 10B ULTI
Circulating Supply: Updating…

What is the purpose of the ULTI Token?

ULTI Token plays a diverse role within the Ultiverse ecosystem, including utility, governance, and economics.

Transactions: Micro Worlds use $ULTI to pay fees for integrating decentralized applications (dApps), making $ULTI the primary currency for transactions, fostering a rich digital experience.
Governance: $ULTI holders have governance rights, participating in decision-making processes. They can vote and influence strategic direction and development priorities, including the allocation of $ULTI received from Micro Worlds.
Economy: As the foundational currency, $ULTI allows players to purchase in-game assets from Micro Worlds, enhancing economic roles and facilitating convenient transactions within the ecosystem.
Rewards: $ULTI will be used as rewards to incentivize users to engage and interact with the ecosystem, based on various aspects such as item trading, participating in micro worlds, forming groups, or completing tasks.
Data & Training: Ultiverse product users will generate data to help train Ulti-Pilots, receiving $ULTI as rewards.

ULTI Token Allocation

Ecosystem: 30%
Investors: 20%
Team: 17%
Community: 15%
Airdrop: 8%
Initial Exchange Liquidity: 7%
Advisory: 3%

ULTI Token Release Schedule

Updating…

Trading ULTI Token

You can buy and sell ULTI Tokens on OKX and Bitget.

Roadmap

Q4 2023

Launch Bodhi AI Protocol
Provide full Game Development Toolkit
Finalize NFT Interaction Rules

Q1 2024

Launch Ultiverse Main World:
Launch PC Terminus and Vision Pro version
Form an Ecosystem Partner Alliance

Q2 2024

Launch Ultiverse AI Game Launchpad
Launch Ultiverse Rollup project

Similar Projects

Ultiverse belongs to the GameFi sector similar to: Pixels, Big Time, …

Social Media Information

Webste: https://www.ultiverse.io/home
Twitter : https://x.com/UltiverseDAO
Discord: https://discord.com/invite/ultiverse

Conclusion

Through this article, AZC.News has helped readers understand what the Ultiverse project is and the ULTI Token. If you have any questions or need clarification, leave a comment below for a response from AZC.News!