Ultra is a blockchain-based gaming platform designed to create a decentralized ecosystem for game distribution, transactions, and decentralized applications (DApps) in the gaming industry. It aims to revolutionise the digital entertainment experience by leveraging blockchain technology to make it more accessible, efficient, and equitable for gamers, developers, and content creators.
Ultra operates on a blockchain platform built on EOSIO technology, known for its high transaction capacity and zero transaction fees. It uses a Delegated Proof of Stake (DPoS) consensus mechanism, allowing for efficient and secure transaction validations. Ultra employs smart contracts for purchasing games, virtual items, and services within its ecosystem, all using its native token, UOS.
Ultra can be used for a variety of purposes within the gaming industry and beyond:
Ultra was founded by David Hanson and Nicolas Gilot, who have backgrounds in gaming and technology. They envisioned a blockchain-based gaming platform after exploring blockchain technologies and cryptocurrencies in 2015. Since its launch, Ultra has partnered with major entities like Ubisoft and AMD and has expanded its services to include a marketplace and e-Sports tournaments. Its blockchain infrastructure is modified from EOSIO, supporting numerous transactions and ensuring user-proof asset ownership.