The Ultiverse gaming platform has made headlines with the rollout of its detailed whitepaper and the introduction of the $ULTC token.

Metaverse gaming platform Ultiverse The whitepaper provides an in-depth look at Ultiverse's AI-driven gaming environment, which seamlessly integrates virtual reality (VR) with non-fungible tokens (NFTs).

Alongside the whitepaper, Ultiverse rolled out the $ULTC governance token, with plans indicating an allocation of 8% to holders of the Electric Sheep NFT, SOUL token holders, and other ecosystem asset holders. airdrop An outlined token distribution plan for ULTC includes: 30% dedicated to the Ultiverse ecosystem, 20% assigned to investors, 17% reserved for the development team, 15% intended for the community, and 7% allocated for initial liquidity on exchanges.

$ULTC functions as the primary governance token within the Ultiverse, acting as the main currency utilized in Micro Worlds transactions to reward ecosystem participants.

Those who hold ULTC tokens gain governance rights, granting them a voice in significant decisions. They can partake in voting that impacts how Ultiverse distributes ULTC gained from Micro Worlds, making it a crucial asset for acquiring game items. decentralized applications (DApps) by Ultiverse.

Ultiverse is a social gaming metaverse designed to connect the Web3 world with a fully immersive VR experience.

Stay updated on cryptocurrency distributions through our tracking tools. virtual world , giving rise to a MetaFi experience.

Moreover, Ultiverse is dedicated to integrating blockchain applications within virtual worlds, using tokens to promote diverse activities that encourage community growth. They initiated their Alpha version in June 2022, securing investment from notable venture capitalists. Airdrops Calendar .

In 2022, the platform successfully attracted $4.5 million in funding, achieving a valuation of $50 million during a seed funding round co-led by various investors alongside Singapore’s DeFiance Capital. These resources are directed toward developing products, sourcing talent, and fostering community within the BNB Smart Chain ecosystem. Three Arrows Capital , and SkyVision Capital.

With the recent launch of its whitepaper and the unveiling of the $ULTC governance token, Ultiverse continues to solidify its position as a frontrunner in the metaverse gaming sector. Binance Labs Please keep in mind that the details on this page are for informational purposes only and should not be construed as legal, tax, investment, or financial advice. Always invest wisely and seek independent advice if you're uncertain. For additional information, please consult the issuer's or advertiser's terms and conditions and their help sections. MetaversePost strives to provide accurate and impartial reporting, though market conditions can shift unexpectedly.

Alisa is a committed journalist at Metaverse Post, with a focus on cryptocurrency, zero-knowledge proofs, investments, and the diverse world of Web3. With a strong interest in cutting-edge trends and technology, she offers in-depth insights to engage readers navigating the dynamic landscape of digital finance.