This phenomenal project is finally going to be released on June 6! So is this project worth paying attention to? Let me briefly sort it out, and you can use it as a reference!
Project development background:
At present, AI has become the mainstream technology of human society, and its narrative and capital have begun to overflow into related fields, showing great potential. Combined with blockchain technology, the development of AI applications has attracted much attention from the market. In this context, Web3 games, as an emerging form, can more effectively utilize the convenience brought by cryptocurrencies and realize assetization, attracting the favor of many VCs and investors.
Project Description:
Ultiverse is a one-stop platform for Web3 game production and publishing driven by artificial intelligence, promoting the mass adoption of AI-enhanced Web3 games.
Ultiverse is based on the Bodhi protocol and connects different game worlds in a generative artificial intelligence way.
We started marketing and operation in 2022, and our core asset, Dianyang NFT, was also very popular on the Internet at that time. After experiencing a wave of bear market, it is still eight times the issue price, which can be said to be a conscientious work. And all holders of its NFT can get token shorts. I believe many brothers who like to take advantage of airdrops know this.
Financing information:
Ultiverse has completed three rounds of financing with a luxurious investment lineup. On March 18, 2022, Ultiverse completed a $4.5 million seed round of financing at a valuation of $50 million. On March 25, 2022, Binance Labs invested an additional $5 million in Ultiverse, which will be in the form of an equity acquisition. On February 14, 2024, Ultiverse completed a $4 million strategic round of financing at a valuation of $150 million, led by IDG Capital. Some well-known Web3 KOLs also participated in the strategic round of financing.
Core assets:
Ultiverse’s core assets currently include Electric Sheep NFT, Meta GF NFT, and World Fragment.
Ultiverse's Genesis NFT Electric Sheep is the first asset of the Ultiverse ecosystem, with a quantity of 7,000. It was minted at a price of 0.5ETH in July 2022, and the floor price reached around 2 ETH. Electric Sheep holders can obtain priority access and reward increase privileges for many projects in the Ultiverse ecosystem, and can receive airdrops of the Ultiverse governance token $ULTC.
Meta GF NFT will be released at the end of 2022. It is positioned as an AI companion that supports customized face-pinching and can accompany players in exploring the Ultiverse world.
The World Fragment NFT has not yet been issued and will be airdropped to Electric Sheep holders in the future.
Token Economy:
Ultiverse has announced the use cases and economic model of its governance token $ULTI:
In the Ultiverse ecosystem, $ULTI has the following three main functions:
Governance
If Dapp wants to enter the Ultiverse ecosystem, it needs to pay $ULTI, and part of these ULTI will be given to users
$ULTI is the payment method for assets in the Ultiverse ecosystem
The total amount of $ULTI is 10 billion, and its distribution is shown in the following figure:
It is worth noting that 8% of the total tokens will be used for airdrops, including Electric Sheep NFT and MetaGF NFT holders, Soul holders, and holders of other assets in the ecosystem. Ultiverse has launched the Ulti-pilot event, where players can obtain Soul by completing daily tasks and win airdrops.
Currently, the official account has 800,000 followers, which is extremely popular. It is also the most promising new coin to be launched! In addition, the performance of new coins has been very good recently. The growth wave of new coins is coming soon. Pay more attention to the new coins with low market value that are about to be launched, and the possibility of a big rise is greater!
Ulti belongs to the AI concept and is in the biggest wave of 24, and its valuation is relatively low, only 150 million. This means that it is likely to open with a market value of tens of millions when it goes online, so it should be the Binance investment project with the lowest market value this year and has been launched on the OKX IEO platform. Brothers can pay more attention to it!