The blockchain game sector has been quite popular in the past two days. There is NOT, which has been pulling up the market, and ALICE, which suddenly has a positive line. There is also the blockchain game project that Ouyi is about to launch - ULTI
Indeed, many people asked me, let me talk about it today
First, it will be launched at 6 pm on the 6th. The current way to participate is to pledge Bitcoin or Ethereum in Ouyi to obtain tokens. However, mainland China cannot participate and KYC is required.
If you don't participate, wait until you go online and see what happens.
The current OTC price is 0.05, which means the market value is 500 million. Let's see the opening price and take the opportunity to do it when the heat is right.
Let's talk about the project
Ultiverse is a blockchain-based metaverse world deeply integrated with AI
Ultiverse has completed three rounds of financing in total. On March 18, 2022, Ultiverse completed a $4.5 million seed round of financing with a valuation of $50 million. This round of financing was jointly led by Binance Labs and Defiance Capital, with participation from Three Arrows Capital and SkyVision Capital.
On March 25, 2022, Binance Labs invested an additional $5 million in Ultiverse, which will be in the form of an equity acquisition. Nicole Zhang, director of Binance Labs, said that this investment is to ensure that Binance Labs has a certain say in the future development direction of the Ultiverse team.
On February 14, 2024, Ultiverse completed a $4 million strategic round of financing at a valuation of $150 million, led by IDG Capital
Ultiverse has an excellent investment background, including industry-leading VCs, market makers, exchanges, and public chains.
The web3 gaming track has the right timing, location and people in this cycle, and is expected to usher in an explosion in the bull market cycle
The Ultiverse team continued to build during the bear market, not only delivering a product with a good experience, but also building a community with good cohesion.
The rapid development of AI in the past year has attracted worldwide attention. Ultiverse has deeply integrated AI in various parts of its architecture. In the future, when the concept of AI+ gaming is valued by the market, it may perform better.
Good investment background
Team background, strong team strength
The team consists of more than one hundred full-time game developers and artists. The team members' previous work experience includes Gameloft, Blizzard, Ubisoft, Tencent, etc. The team has developed popular games such as "Prince of Persia" and "Assassin's Creed" series and "Elden Ring".
Project Progress
On January 3, 2024, Ultiverse released the token economics, and 8% of the tokens will be airdropped to Electric Sheep NFT, SOUL holders, and ecosystem asset holders. The specific distribution of the remaining ULTI is as follows: 30% of the tokens will be used for the Ultiverse ecosystem; 20% of the tokens will be allocated to investors; 17% of the tokens will be allocated to the team; 15% of the tokens will be allocated to the community; 7% of the tokens will be used for initial exchange liquidity.
The Ultiverse Gold Chip NFT was released on April 29th. As of press time, according to Blur data, the NFT floor price is 0.33 ETH.
User data
At present, according to official introduction, Ultiverse supports more than 300 game integrations, with more than 7 million active community users, including more than 1 million Web3 game enthusiasts, and about 10,000 content creators on the platform. The cooperation projects are extensive, and Ultiverse has a strong background in ecological construction. Ultiverse announced that it has reached a cooperative relationship with more than 300 web2 and web3 AI and game teams, which basically covers all the top web3 games, which will help realize the concept of its game platform.
From the data point of view, ULTI is very eye-catching, and it can be said that it can beat many projects. In addition, the game sector has shown some signs of growth recently. A number of old blockchain games such as ACE and SLP have begun to rise. Are blockchain games ready to move?
Although ULTI's witch mechanism is quite strict and has been criticized a lot, and many people, including myself, have been blocked, but if you think about it from another angle, after screening out a lot of speculators from airdrops, will the coin price perform very well?
Things to note
Technology development, track change, core slagon things progress very slowly, user growth or some operations have little to do with core things. The team changes project development, or does something that is not related to core development. Data for the sake of data
Project genes, ultiverse is one of them. Previously, it was doing metafi things, introducing all web3 into Metaverse, and pualybux is also in this track
Whether to list on Binance or not, this thing has too many uncertainties. If the project itself has a large number of blockchain game users, it may be in the category of coin listing, and it is more likely to grab the flow of people. However, since Binance has invested heavily and has a say in future development, there may be a chance.
comprehensive
We’ll have to wait and see when it goes online. The overall strength of the project is good, and it has also caught the trend of blockchain gaming!
