What Is Ultiverse (ULTI) Coin: Something You Need To Know About It

Ultiverse (ULTI) is a one-stop platform for Web3 game production and publishing using artificial intelligence (AI). The OKX Jumpstart Mining will commence at 6:00 am UTC on June 3, 2024. BTC and ETH holders can stake both BTC and ETH to mine ULTI tokens in return.

In this article, we will take a detailed look at Ultiverse and its cryptocurrency, ULTI, and analyze whether it is a good investment in 2024.

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Table of Contents

What is Ultiverse?

How does Ultiverse Work?

What is the ULTI Token?

ULTI Utility

ULTI Tokenomics

OKX Jumpstart Expands with the Addition of Ultiverse’s Token

Ultiverse (ULTI) Price Prediction

Is Ultiverse (ULTI) a Good Investment in 2024?

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What is Ultiverse?

Ultiverse is a Web3 gaming platform powered by artificial intelligence (AI) that combines GameFi, NFT, DeFi, Marketplace, and Liquid Staking. The project is designed to revolutionize Web3 gaming by combining advanced AI with blockchain technology.

At its core, Ultiverse is designed to empower users to conceive, create, and inhabit digital realms that are as immersive and engaging as any seen in popular culture, but with the added dimensions and benefits of AI and blockchain integration. This integration allows for the creation of on-chain games, the utilization of Non-Fungible Tokens (NFTs), the development of Decentralized Applications (DApps), and the establishment of a comprehensive media matrix. These elements collectively form the backbone of Ultiverse, offering users a wide array of interactive, creative, and economic opportunities within a singular, unified digital ecosystem.

Currently, Ultiverse has attracted a large community of more than 1.5 million users, including NFT holders, media companies and gamers.

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How does Ultiverse Work?

The Ultiverse ecosystem is an innovative and comprehensive platform structured across four distinct layers, each playing a critical role in its overall functionality and user experience. Here’s an overview of each layer:

1. Protocol Layer – The Bodhi Protocol:

• This layer serves as the foundation of the Ultiverse ecosystem.
• It’s a pioneering framework that integrates Web3 assets with Generative AI (GenAI), focusing primarily on enhancing the gaming ecosystem.
• The Bodhi Protocol leverages large language models and Stable Diffusion models to generate a wide array of content, specifically tailored to the diverse needs of the gaming world.

2.Infrastructure Layer:

This layer consists of five key components:

• Ultiverse Live: Ultiverse Live stands as the dynamic media division of Ultiverse, serving as a comprehensive media platform tailored for Web3 projects.
• Mission Runner: A platform-level Quest Platform designed to handle traffic. Users can undertake daily missions and earn significant rewards upon completion.
• World Book Creator: Provides AI-powered tools for game developers to create immersive worlds and scenarios, enhancing the gaming experience on the Ultiverse platform.
• Marketplace: Offers a trading space for in-platform assets, allowing users to buy, sell, or trade.
• Visual DID Creator: An AI-based tool enabling users to create their own avatar, Lora, and customize it using various PFP-style NFT templates for a stylized Visual DID.

3.Assets Layer:

This layer includes three core assets:

• Electric Sheep
• World Fragment
• MetaGF

These assets are integral to the Ultiverse ecosystem, offering unique functionalities and benefits to the users.

4.Application Layer:

Encompasses all the Dapps (Decentralized Applications) launched within the Ultiverse Ecosystem.

This includes a variety of products like Terminus, along with other GameFi, DeFi, and SocialFi applications.

Each layer of the Ultiverse ecosystem is designed to interoperate seamlessly, creating a robust and dynamic environment that caters to a wide range of users, from gamers and developers to traders and social networkers. This structured approach ensures a comprehensive and engaging experience in the realm of digital assets and gaming.

What is the ULTI Token?

$ULTI is a functional multi-utility token which will be used as the medium of exchange between participants on Ultiverse in a decentralised manner. The goal of introducing $ULTI is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on Ultiverse without any intermediaries such as centralised third party entity/institution/credit.

Further, $ULTI provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on Ultiverse, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts.

The economic model of $ULTI revolves around the dynamic interaction between Ultiverse, Micro Worlds, and Players.

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ULTI Utility

The $ULTI token assumes a multifaceted role in the Ultiverse ecosystem, encompassing utility, governance, and economic aspects.

Transaction: Micro Worlds leverage $ULTI to compensate Ultiverse for the integration of decentralized applications (DApps), establishing the token as the primary currency for transactions.  This dynamic utilization fosters diverse and enriched digital experiences within the ecosystem.

Governance: $ULTI holders wield governance rights, enabling them to actively participate in decision-making processes.  Token holders can contribute to voting sessions, influencing the overall strategic direction and development focus, including certain parameters such as allocation of ULTI that Ultiverse receives from Micro Worlds.  This governance mechanism empowers the community, allowing them to shape the distribution of rewards and contribute to the platform’s evolution.

Economic: As the native platform currency, $ULTI serves as the means by which players can acquire game assets from Micro Worlds.  This feature enhances the economic role of the token, facilitating seamless transactions within the Ultiverse ecosystem and providing players with a direct pathway to enhance their in-game experiences.  For example, when users are lack of time, they can also pay a certain amount of $ULTI tokens to allow Ultiverse to deploy their Ulti-Pilots to various Micro Worlds to experience games and thereby earn rewards specific to those Micro Worlds.

Active participant rewards: $ULTI would be distributed as the incentives for users to participate in and engage with various aspects of the ecosystem.  The reward system would take into account various aspects of ecosystem participation, for example users earning profits from item trading, participation in different micro worlds, creating and participating in a team within the Ultiverse ecosystem, holding collections such as Electric Sheep (ES), or participating and completing quests on the Quest Platform.

Data and training: Users which utilise products on Ultiverse would generate data that helps Ultiverse train their Ulti-Pilots, thereby earning rewards in $ULTI tokens.

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ULTI Tokenomics

The total supply of ULTC coins is 10,000,000,000 ULTC, and the following sets forth the initial token allocation for the token:

• Community &Ecosystem: 46% (4,600,000,000 ULTC)
• Investors: 20%(2,000,000,000 ULTC)
• Core Contributor: 17%(1,700,000,000 ULTC)
• IEO: 3%(300,000,000 ULTC)
• Airdrop: 8%(800,000,000 ULTC)
• Liquidity: 3%(300,000,000 ULTC)
• Advisory: 3%(300,000,000 ULTC)

Among them, the airdropped tokens will be distributed to ES holders, MetaGF holders, Soul Point holders, and holders of ecosystem assets (Meta Merge Pets, CricketFly Genesis Pass, Cyber8Ball Cue NFT, BAC Genesis Runner, Yuliverse NFT, etc.).

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OKX Jumpstart Expands with the Addition of Ultiverse’s Token

On May 30, Bitget launched Ultiverse DAO (ULTI token) before the market, the trading volume exceeded 4.15 million USDT in less than 30 minutes of its launch. This program will also participate in OKX Jumpstart.

On the same day, OKX announced the addition of Ultiverse’s ULTI token on OKX Jumpstart, which gives eligible users the opportunity to discover new, high-quality blockchain projects. In marking this new addition, customers who stake ETH or BTC via OKX Jumpstart Mining from June 3 at 6:00 AM (UTC) will have the opportunity to mine ULTI tokens as a reward.

The mining period is from 6:00 AM (UTC) on June 3, 2024 to 6:00 AM (UTC) on June 6, 2024; the total amount of mineable tokens is 300,000,000 ULTI tokens.

There are no minimum staking requirements, but the maximum allowable amount per person is 0.3 BTC or 3.5 ETH.

It is important to note that users must complete KYC verification in order to participate in OKX Jumpstart activities.

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Ultiverse (ULTI) Price Prediction

Ultiverse (ULTI) Price Prediction 2024

As to Ultiverse (ULTI) Price Prediction for 2024, it is estimated that Ultiverse (ULTI) can see a minimum price of $0.02845012. The maximum price for Ultiverse (ULTI) could reach up to $0.03372953, with an average price around $0.02933002.

Ultiverse (ULTI) Price Prediction 2025

As to Ultiverse (ULTI) Price Prediction for 2025, it is projected that Ultiverse (ULTI) would trade between $0.03129514 on the lower end and $0.03710248 on the high end, with an average trading price of $0.03226303.

Ultiverse (ULTI) Price Prediction 2030

In terms of long-term price prediction for 2030 on Ultiverse (ULTI), it is predicted that Ultiverse (ULTI) would see a potential low price of $0.03786711 and a maximum price level of $0.04489400, with the average price expecting to hover around $0.03903826 for the year.

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Is Ultiverse (ULTI) a Good Investment in 2024?

Ultiverse is an innovative platform that combines the power of artificial intelligence with blockchain technology to deliver an immersive and interoperable Web3 gaming experience. With an experienced team and significant cash injection, Ultiverse has a great opportunity to become a leader in the Web3 gaming industry.

For game enthusiasts and game developers who want to explore the world of Web3, Ultiverse (ULTI) provides the ideal platform to create and build innovative games. However, investors are advised to research carefully before deciding to join the platform.

That’s all information about Ultiverse (ULTI). If you want to know more information about Ultiverse (ULTI) coin and other cryptocurrencies, please visit BTCC Academy.

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