The current price of Ultiverse is $0.0031990. Over the last 24 hours, Ultiverse has decreased by -13.07%. It currently has a circulating supply of 0 ULTI and a maximum supply of 10,000,000,000 ULTI, giving it a fully diluted market cap of $0.00. At present, the Ultiverse coin holds the 0 position in market cap rankings. The Ultiverse/USD price is updated in real-time.
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Ultiverse enhances Web3 gaming with an AI-driven production and publishing platform, merging AI technology with blockchain technology to contribute to the industry’s evolution. Dedicated to transforming gaming experiences and boosting values, it builds an ecosystem and offers tools that enhance creation, engagement, and technological integration across different blockchains. Furthermore, Ultiverse supports robust infrastructure for AI-powered content creation and strategic alliances, fostering Web3 adoption.
Collaborating with over 7 million users, 300 games, and 7,000 content creators, Ultiverse leverages extensive partnerships to maintain a dynamic ecosystem, continually pushing the boundaries of digital innovation in gaming.
How does Ultiverse work
Ultiverse has been a Web3 Builder since 2022, and hence has accumulated 7 million users, 300 games, and 7,000 content creators. Ultiverse develops an AI + Web3 infrastructure and provides toolsets to the partners, which makes it much simpler to create gaming content with great quality and adopt into Web3 much more efficiently. The Ultiverse ecosystem projects cover the most of existing Web3 ecosystems, like Ethereum, Solana, Ton and L2s like Blast and Taiko, which makes Ultiverse a comprehensive abstract-chain platform.
Price and tokenomics
The native utility and governance token of Ultiverse is $ULTI, which is widely adopted in its rapidly growing ecosystem for staking and consumption. The $ULTI token has a maximum supply of 100 million tokens. The highlights of the tokenomics are:
Token revenue: Each Ultiverse ecosystem project shall provide specific percentage of tokens into the vault, which will be unlocked in steps and used to airdrop to $ULTI stakers or buy-back-and-burn $ULTI.
Early-bird Privilege: Only $ULTI could be used to purchase special early-bird assets from Ultiverse ecosystem projects, which will enable holders to start earning from the very early stage and learn the mechanisms ahead of the market.
Smart Stake-to-Earn: $ULTI is the fundamental of Ultiverse Smart Stake-to-Earn system, which will enable stakers to customize its earning program and earn tokens from a wide range of emerging Web3 projects with huge potential and return.
Governance: $ULTI governs every single component of Ultiverse ecosystem, with all proposal passing through DAO governance vote.
About the founder
Frank Ma is a serial entrepreneur with a strong focus on AI and big data, he has successfully founded and led multiple startup companies to late stages. Frank’s deep passion for gaming, combined with his innovative mindset, has driven him to explore the potential of emerging technologies.
After his last venture was acquired by Siemens, Frank embarked on a new journey by founding Ultiverse, an innovative Web3 gaming platform. He is a firm believer in the transformative power of Web3 and AI, envisioning a future where these technologies revolutionize the gaming publishing industry. Frank’s entrepreneurial spirit, combined with his expertise in cutting-edge technology, positions him as a visionary leader in the tech and gaming sectors.
Ultiverse Highlights
Investment from Sequoia, Binance Labs, IDG Capital, Redpoint Ventures, GGV Capital and many other top funds;
Over 7 million users, 300 games, and 7,000 content creators in the ecosystem;
1mln+ UAW & DAU;
$100mln TVL in the recent Gold Chip Mint Event (May 1st 2024);
Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 442 new posts about Ultiverse, driven by 232 contributors, and total online engagement reached 16K social interactions. The sentiment score for Ultiverse currently stands at 76%. Compared to all cryptocurrencies, post volume for Ultiverse currently ranks at 4634. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Ultiverse.
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Posts
442
Contributors
232
Interactions
15,877
Sentiment
76%
Volume rank
#4634
X
Posts
417
Interactions
10,333
Sentiment
82%
Ultiverse FAQ
What is Ultiverse in one sentence?
Ultiverse is an AI-powered gaming platform, building a robust web3 gaming assets layer.
Why is Ultiverse important in the Web3 industry?
All Web3 ecosystem or infrastructure needs content in the end, and thus Ultiverse is continuously providing content to the Web3 industry like providing water to the lives. More importantly, gaming is the best content to create highly-frequent interactions which are most welcomed by chains, exchanges, wallets, or any other infra component.
Why is $ULTI token valuable?
The Ultiverse ecosystem is made up of over 7 million users, 300 games, and 7,000 content creators. The sum of the ecosystem is much more valuable than the Ultiverse valuation, which guarantees the value of $ULTI token even if only a small percentage of the ecosystem value is captured.
How much is 1 Ultiverse worth today?
Currently, one Ultiverse is worth $0.0031990. For answers and insight into Ultiverse's price action, you're in the right place. Explore the latest Ultiverse charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Ultiverse, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Ultiverse have been created as well.
ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.
Asset details
Name
OKcoin Europe LTD
Relevant legal entity identifier
54930069NLWEIGLHXU42
Name of the crypto-asset
Ultiverse
Consensus Mechanism
Binance Smart Chain (BSC) uses a hybrid consensus mechanism called Proof of Staked Authority (PoSA), which combines elements of Delegated Proof of Stake (DPoS) and Proof of Authority (PoA). This method ensures fast block times and low fees while maintaining a level of decentralization and security. Core Components 1. Validators (so-called “Cabinet Members”): Validators on BSC are responsible for producing new blocks, validating transactions, and maintaining the network’s security. To become a validator, an entity must stake a significant amount of BNB (Binance Coin). Validators are selected through staking and voting by token holders. There are 21 active validators at any given time, rotating to ensure decentralization and security. 2. Delegators: Token holders who do not wish to run validator nodes can delegate their BNB tokens to validators. This delegation helps validators increase their stake and improves their chances of being selected to produce blocks. Delegators earn a share of the rewards that validators receive, incentivizing broad participation in network security. 3. Candidates: Candidates are nodes that have staked the required amount of BNB and are in the pool waiting to become validators. They are essentially potential validators who are not currently active but can be elected to the validator set through community voting. Candidates play a crucial role in ensuring there is always a sufficient pool of nodes ready to take on validation tasks, thus maintaining network resilience and decentralization. Consensus Process 4. Validator Selection: Validators are chosen based on the amount of BNB staked and votes received from delegators. The more BNB staked and votes received, the higher the chance of being selected to validate transactions and produce new blocks. The selection process involves both the current validators and the pool of candidates, ensuring a dynamic and secure rotation of nodes. 5. Block Production: The selected validators take turns producing blocks in a PoA-like manner, ensuring that blocks are generated quickly and efficiently. Validators validate transactions, add them to new blocks, and broadcast these blocks to the network. 6. Transaction Finality: BSC achieves fast block times of around 3 seconds and quick transaction finality. This is achieved through the efficient PoSA mechanism that allows validators to rapidly reach consensus. Security and Economic Incentives 7. Staking: Validators are required to stake a substantial amount of BNB, which acts as collateral to ensure their honest behavior. This staked amount can be slashed if validators act maliciously. Staking incentivizes validators to act in the network's best interest to avoid losing their staked BNB. 8. Delegation and Rewards: Delegators earn rewards proportional to their stake in validators. This incentivizes them to choose reliable validators and participate in the network’s security. Validators and delegators share transaction fees as rewards, which provides continuous economic incentives to maintain network security and performance. 9. Transaction Fees: BSC employs low transaction fees, paid in BNB, making it cost-effective for users. These fees are collected by validators as part of their rewards, further incentivizing them to validate transactions accurately and efficiently.
Incentive Mechanisms and Applicable Fees
Binance Smart Chain (BSC) uses the Proof of Staked Authority (PoSA) consensus mechanism to ensure network security and incentivize participation from validators and delegators. Incentive Mechanisms 1. Validators: Staking Rewards: Validators must stake a significant amount of BNB to participate in the consensus process. They earn rewards in the form of transaction fees and block rewards. Selection Process: Validators are selected based on the amount of BNB staked and the votes received from delegators. The more BNB staked and votes received, the higher the chances of being selected to validate transactions and produce new blocks. 2. Delegators: Delegated Staking: Token holders can delegate their BNB to validators. This delegation increases the validator's total stake and improves their chances of being selected to produce blocks. Shared Rewards: Delegators earn a portion of the rewards that validators receive. This incentivizes token holders to participate in the network’s security and decentralization by choosing reliable validators. 3. Candidates: Pool of Potential Validators: Candidates are nodes that have staked the required amount of BNB and are waiting to become active validators. They ensure that there is always a sufficient pool of nodes ready to take on validation tasks, maintaining network resilience. 4. Economic Security: Slashing: Validators can be penalized for malicious behavior or failure to perform their duties. Penalties include slashing a portion of their staked tokens, ensuring that validators act in the best interest of the network. Opportunity Cost: Staking requires validators and delegators to lock up their BNB tokens, providing an economic incentive to act honestly to avoid losing their staked assets. Fees on the Binance Smart Chain 5. Transaction Fees: Low Fees: BSC is known for its low transaction fees compared to other blockchain networks. These fees are paid in BNB and are essential for maintaining network operations and compensating validators. Dynamic Fee Structure: Transaction fees can vary based on network congestion and the complexity of the transactions. However, BSC ensures that fees remain significantly lower than those on the Ethereum mainnet. 6. Block Rewards: Incentivizing Validators: Validators earn block rewards in addition to transaction fees. These rewards are distributed to validators for their role in maintaining the network and processing transactions. 7. Cross-Chain Fees: Interoperability Costs: BSC supports cross-chain compatibility, allowing assets to be transferred between Binance Chain and Binance Smart Chain. These cross-chain operations incur minimal fees, facilitating seamless asset transfers and improving user experience. 8. Smart Contract Fees: Deployment and Execution Costs: Deploying and interacting with smart contracts on BSC involves paying fees based on the computational resources required. These fees are also paid in BNB and are designed to be cost-effective, encouraging developers to build on the BSC platform.
Beginning of the period to which the disclosure relates
2024-04-05
End of the period to which the disclosure relates
2025-04-05
Energy report
Energy consumption
32.56774 (kWh/a)
Energy consumption sources and methodologies
The energy consumption of this asset is aggregated across multiple components:
To determine the energy consumption of a token, the energy consumption of the network(s) binance_smart_chain is calculated first. Based on the crypto asset's gas consumption per network, the share of the total consumption of the respective network that is assigned to this asset is defined. When calculating the energy consumption, we used - if available - the Functionally Fungible Group Digital Token Identifier (FFG DTI) to determine all implementations of the asset of question in scope and we update the mappings regulary, based on data of the Digital Token Identifier Foundation.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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