UOS
Ultra
$0.00000000AUD
Market Cap
58.3M AUD
24H Trade Vol.
374.4K AUD
Total Supply
404.3M
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≈ 0.00000000 UOS
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Buy Ultra (UOS)

What is Ultra?

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.

How does Ultra work?

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.

What are the potential use cases for Ultra?

Ultra can be used for a variety of purposes within the gaming industry and beyond:

  • Game Distribution: Decentralized platform for publishing and monetising games.
  • In-Game Transactions: Facilitates the purchase and transfer of in-game assets.
  • Resale of Games: Allows players to resell digital games.
  • NFT Marketplace: Supports buying and selling of NFTs representing games and assets.
  • Community Engagement: Offers incentives and rewards for user participation.
  • Ecosystem Expansion: Supports third-party applications and services in its ecosystem.

What is the history of Ultra?

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.

Frequently Asked Questions (FAQs)