The Ultiverse project will officially start its ULTI token mining on June 3rd, providing users the opportunity to stake their Bitcoin and Ethereum.

This platform specializes in launching tokens and raising funds for various projects. OKX Jumpstart announced its plan to launch Ultiverse The token mining for ULTI will open at 6:00 am UTC on June 3rd and will run until June 6th at the same time. Users holding BTC and ETH can stake their assets to earn ULTI tokens.

Participants can stake up to 0.3 BTC and 3.5 ETH each. There are 150 million ULTI tokens available across both the BTC and ETH staking pools, and there’s no minimum requirement for staking per user. Staking and unstaking can be done flexibly at any point, with trading for the mined tokens beginning on June 6th.

To engage in staking, users should ensure their BTC and ETH are transferred to their funding account before the mining period begins. During the event, they can access the OKX app, navigate to Jumpstart in the Grow section, and stake their funds. Unstaking is equally straightforward, requiring just a click of the “unstake” button to return their assets to the funding account.

What Is Ultiverse? 

This innovative platform is constructing a gaming universe that merges AI with blockchain technology, enabling the creation of on-chain games, non-fungible tokens (NFTs), decentralized applications (dApps), and a media matrix that underpin the Ultiverse experience.

Moreover, it supports a content creation framework driven by AI alongside strategic collaborations, which fosters the adoption of Web3 advancements. Earlier this year, the platform secured funding from a private token sale round, led by prominent investors such as IDG Capital, Animoca Brands, and Polygon Ventures, among others. raised $4 million The ULTI token is crafted as a versatile multi-utility token intended to facilitate transactions within Ultiverse on a decentralized basis. There’s a total of 10 billion ULTI tokens, with allocations of 46% for community and ecosystem initiatives, 20% for investors, and 17% for core contributors. Additionally, 9% will be split among liquidity, advisory, and other expenses.

Please keep in mind that the content on this page is not meant to serve as legal, tax, or investment advice. It’s crucial for you to only invest what you can afford to lose and to seek guidance from independent financial experts if needed. For more information, we recommend checking the terms and conditions along with the support resources offered by the issuer or advertiser. MetaversePost strives for precise, unbiased reporting, yet market conditions can shift without notice. Jumpstart initiatives , while 8% will be allocated for airdrops.