What is ULTI?
Introduction to ULTI
ULTI is the native cryptographically secure fungible protocol token of the Ultiverse platform, symbolized as ULTI. It is a digital token representing an executable programming script on the blockchain network, designed for governance and utility functions, and interoperable within the Ultiverse ecosystem.
ULTI serves as a multifunctional utility token for decentralized exchange among participants in the Ultiverse ecosystem. It aims to provide a convenient, secure payment and settlement method, eliminating the need for intermediaries like central third-party entities or institutions. Importantly, ULTI is not intended as a medium of exchange accepted by the public or used for non-issuer-provided goods or services.
Holders of ULTI do not have any equity, ownership, or profit-sharing rights in the company, issuer, or their affiliates. ULTI is solely for use within the Ultiverse platform, and the only rights it confers are for usage and interaction within the platform. Additionally, the secondary market pricing of ULTI does not rely on the efforts of Ultiverse project contributors and lacks mechanisms for price control or manipulation.
The issuance of ULTI does not constitute a business of buying or selling virtual assets or digital payment tokens. Its sale or distribution is limited to the initial stage for raising development funds, market awareness, and community engagement, without repetitive or regular commercial elements.
Moreover, ULTI provides economic incentives to encourage user contribution and participation in the Ultiverse ecosystem, creating a mutually beneficial system where participants are fairly rewarded for their efforts. Additional ULTI is awarded based on actual usage, activity, and contributions within Ultiverse, ensuring that only active participants receive incentives, while inactive users or mere holders of ULTI do not.
ULTI Token Economics
Token Symbol: ULTI
Chain: BSC
Contract Address: 0x0e7779e698052f8fe56c415c3818fcf89de9ac6d
Total Supply: 10,000,000,000
The allocation is as follows: 20% to investors, 8% for airdrops, 3% for liquidity, 46% to the community and ecosystem, 17% to core contributors, 3% for IEO, and 3% for advisory.
ULTI plays multiple roles in the Ultiverse ecosystem, including utility, governance, and economic functions. In transactions, Micro Worlds use ULTI to compensate Ultiverse for integrating decentralized applications (DApps), establishing it as the primary currency for transactions. This diverse usage enhances digital experiences.
In governance, ULTI holders have the right to participate in decision-making processes, influencing Ultiverse's strategic direction and development priorities, including the allocation of ULTI received from Micro Worlds. This governance mechanism empowers the community to take part in reward distribution and platform development.
Economically, as the platform's native currency, ULTI allows players to purchase game assets from Micro Worlds, enhancing the token's economic role and facilitating seamless transactions within the ecosystem. For example, users can pay a certain amount of ULTI to deploy Ulti-Pilots to various Micro Worlds to experience games and earn specific rewards.
ULTI tokens are also distributed as incentives to users who engage with various aspects of the ecosystem. The reward system considers different participation methods, such as profit from item trading, participating in different Micro Worlds, creating and participating in teams within the Ultiverse ecosystem, holding collections like Electric Sheep (ES), or completing quests on the Quest Platform.
Additionally, users of Ultiverse products generate data that helps train Ulti-Pilots, thereby earning rewards in ULTI tokens.
What is Ultiverse
Ultiverse is pioneering a revolutionary approach to digital interaction by creating an expansive gaming world deeply integrated with Artificial Intelligence (AI) and blockchain technology. This ambitious project draws inspiration from the immersive worlds of movies like "Ready Player One," "Free Guy," and "Westworld," but goes beyond by using advanced blockchain technology to create not just a game but a comprehensive digital society.
At the core of Ultiverse's design philosophy is empowering users to conceive, create, and inhabit immersive digital worlds as seen in popular culture, enhanced by the added dimensions and benefits of AI and blockchain integration. This integration enables the creation of on-chain games, the use of Non-Fungible Tokens (NFTs), the development of Decentralized Applications (DApps), and the establishment of a comprehensive media matrix. These elements collectively form the foundation of Ultiverse, providing users with extensive interactive, creative, and economic opportunities within a unified digital ecosystem.
The vision of Ultiverse is to cultivate a digital society where users can play, create, and connect in myriad ways. This society is not just an entertainment platform but a space where creativity is incentivized and valued, blurring the boundaries between virtual and real-world value. By leveraging large language models, Ultiverse introduces the first AI protocol, enhancing product design and accelerating the creation of a self-sustaining AI gaming world. This protocol is a cornerstone in realizing the vision of a vast, intelligent, and responsive gaming world.
Ultiverse Roadmap
Ultiverse is dedicated to pioneering a new era of digital interaction by creating an expansive gaming world deeply integrated with AI and blockchain technology. This ambitious project aims to redefine the realm of digital possibilities, drawing inspiration from the immersive worlds of movies like "Ready Player One," "Free Guy," and "Westworld."
To ensure steady and clear progress, Ultiverse has outlined the following short-term roadmap:
H2 of 2023
Launch of the Bodhi AI Protocol: This includes the integration of AI and Web3 assets and introduces the concept of a "World Book," allowing all products within the ecosystem to merge into a single, comprehensive worldview.
Provision of a Complete Gaming SDK: Introduction of various Web2 game types, including but not limited to CCG, RPG, and PTW, and attracting over 1 million real users to the platform by integrating third-party games.
Refinement of NFT Asset Interaction Rules: Establishing rules for NFT asset interactions to fully integrate assets like ES, Moonlight, and other ecosystem products, and to clarify the rights and benefits of NFT holders.
H1 of 2024
Launch of the Ultiverse Main World: This marks the official opening of the Ultiverse World Book. The main world will support millions of users online simultaneously, enable blockchain-based interactions, and, through the support of self-developed large models, allow each user's interaction to potentially alter the overall storyline of the world.
Launch of Terminus PC and Vision Pro Versions: By combining VR and AI, these versions aim to immerse users in the entire Ultiverse world, enhancing their understanding and experience of its allure.
Formation of an Alliance of Ecosystem Partners: Surrounding AI and Web3 gaming, onboarding, and transforming Web2 companies with a large user base for mass adoption of Web3.
H2 of 2024
Launch of the Ultiverse Gaming Launchpad: This platform aims to support and promote AI gaming within the Ultiverse ecosystem.
Launch of the Ultiverse Rollup Project: This rollup project aims to enhance interoperability and customization for the Ultiverse AI gaming ecosystem.
Official Links of ULTI
Website: https://www.ultiverse.io/home
Twitter: https://twitter.com/UltiverseDAO
Discord: https://discord.com/invite/ultiverse
Steps to Buy ULTI on LBank
Purchasing ULTI tokens on the cryptocurrency exchange platform LBank is straightforward. Here's a step-by-step guide:
1. Log into your account: Ensure you're registered and logged into your LBank account, then click the "Trade" option in the top menu bar to start the trading process.
2. Search for ULTI: Use the search function within the trading platform to find "ULTI", locate the trading pair, such as ULTI/USDT, and click to enter its dedicated page.
3. Place an order: In the ULTI/USDT trading page's spot trading area, enter the amount of ULTI you wish to buy. If you want to complete the purchase immediately at the current market price, select a market order and then click the "Buy" button.
4. Confirm the order: A confirmation window will pop up. After verifying the order details are correct, confirm to place your order. Once the transaction is successful, the purchased ULTI will automatically be deposited into your LBank spot wallet.