What Is Ultra (UOS)?
UOS is the native token of Ultra, which is a video gaming platform that runs on the EOS blockchain. Essentially, it's a platform for downloading, playing, buying, trading, and streaming various video games. It also has a mobile version called Ultra GO, which allows players to use their phones to purchase and download games on their computers. You can see the current Ultra price by looking at the chart above.
Overall, Ultra benefits game developers, players, and advertisers.
Firstly, Ultra benefits game developers by providing them with a 21% increase in game sales revenue. Secondly, they gain access to powerful marketing tools and incentive schemes that help grow their businesses. Also, with the help of the Ultra software development kit, developers can integrate games from other platforms into Ultra. Besides that, developers can tokenize video games, virtual items, or extra content by turning them into non-fungible tokens (NFTs) using the Ultra Dev Center. They can then sell these NFTs on the Ultra marketplace or any other NFT marketplace, for that matter.
Talking about players, they get access to platform-exclusive, instantly-playable games. This means that they can start playing a game immediately after purchasing it (even if it's not downloaded yet). Though players can also buy or sell games from one another. These so-called second-hand games are a unique feature that Ultra introduced into the digital gaming market. The benefits don't end here - players can earn income by taking part in beta tests, commercials, and game curating. Besides, they get referral-based income opportunities with the three-level referral program of Ultra.
In terms of advertisers, Ultra creates a space for them to place their ads. Even though Ultra users can choose whether they want to watch ads or not, they are encouraged to watch them because they get UOS tokens for that.
The Founders of Ultra
The developers of the Ultra crypto project are David Hanson and Nicolas Gilot. Both Hanson and Gilot have a lot of experience in the gaming industry.
Over the course of his extensive career in the gaming industry, Hanson has launched a number of gaming companies. One of his companies was even purchased by Xiaomi for over $100 million.
Gilot is a serial entrepreneur and strategist who is also a veteran in the gaming sector. He has effectively increased the revenue of numerous video game and mobile app-related projects.
David Hanson and Nicolas Gilot have collaborated on a variety of initiatives together. This includes a PC game studio, a large-scale Chinese gaming console with AMD, and a company that develops game monetization strategies.
The Purpose of UOS Tokens
Ultra tokens are stored on the Ethereum blockchain as ERC-20 tokens. Essentially, they are like fuel for the Ultra system. The main use cases of the Ultra tokens include:
- Purchasing and selling games on Ultra.
- Staking in order to receive various rewards such as bounties, exclusive content, or free games.
- Rewarding computing power providers.
- Rewarding players for participating in various activities, such as watching ads or simply playing games.
If you intend to purchase Ultra coins, keep in mind that the UOS price is subject to change. This occurs because the volatility of the entire crypto market has an impact on Ultra, just like it does on the pricing of other digital assets.
Tokenomics of UOS
The total supply of UOS is 1 billion tokens. However, it doesn't have a max supply, meaning that, if there's a demand, more Ultra tokens will be issued, and the UOS price may be more difficult to predict.
9.54% of the total supply was dedicated to the private sale of UOS tokens. Another 10% was dedicated to the initial exchange offering (IEO) that took place on Bitfinex. During the IEO, the UOS price was $0.05 per token. The remaining supply was dedicated to the core team, partners, advisors, content acquisition, platform growth, marketing purposes, company reserve, and liquidity.
If you're interested in the current UOS price, you can find historical statistics and analyze the Ultra price chart above.