Ultiverse (ULTI): Crafting a Digital Society With AI and Blockchain
Artificial intelligence (AI) and blockchain are two technologies finding an ever-growing number of synergistic use cases. Many blockchain projects have adopted AI to power completely new functionalities. In fact, as of mid-2024, AI-related crypto projects are leading the crypto market in terms of growth rates. Gaming is where AI is particularly actively integrated. Various blockchain games and gaming universes leverage AI to offer novel user experiences and features. However, in most cases, these AI-powered projects don't venture beyond the domain of gaming. AI technologies are merely used to enhance gameplay characteristics.
Ultiverse (ULTI) is an AI-powered blockchain project that takes a more holistic approach. The platform, which acts as an AI-driven metaverse environment, offers solutions across several crypto domains, including GameFi, social finance (SocialFi), decentralized finance (DeFi) and non-fungible token (NFT) trade. The Ultiverse ecosystem features an expansive gaming world that underpins the digital interaction between on-chain games, social communities and crypto finance opportunities.
Key Takeaways:
Ultiverse (ULTI) is a web3 metaverse environment where users can play games, engage in social interaction, trade NFTs and take advantage of a variety of DeFi opportunities.
The project makes extensive use of AI technologies, offering features such as AI-driven virtual assistants, avatars and more.
What Is Ultiverse? (ULTI)
Ultiverse (ULTI) is an AI-powered web3 metaverse platform that combines the elements of GameFi, SocialFi and DeFi. It offers users a variety of immersive worlds in which they can play games, socialize, trade NFTs and take advantage of crypto finance opportunities.
Ultiverse is based on BNB Chain (BNB) and uses Unreal Engine 5 technology to build its metaverse. AI technologies feature prominently in Ultiverse's functional model, and its users can play AI-enhanced games and explore the metaverse with their AI-driven avatars. In addition, AI virtual assistants called MetaGFs (see below for more details) help users navigate the Ultiverse virtual world. In short, the project team has done a thorough job of integrating AI into all aspects of its on-platform digital gaming and living.
The Ultiverse project was founded in 2022 in Singapore by Frank Ma, Jimmy Liu and Joe Chou. On Jun 3, 2024, it launched its native token, ULTI, on BNB Chain.
How Does Ultiverse Work?
The Ultiverse platform comprises four key layers — protocol, infrastructure, core assets and decentralized apps (DApps). The protocol layer is the underlying technical backbone of Ultiverse’s metaverse. It's powered by the Bodhi protocol, which integrates web3 assets with generative AI technologies leveraged by Ultiverse. These generative AI technologies are represented by two main types of AI programs — large language models (LLMs) and Stable Diffusion models. The former are the text-generation programs we’re all familiar with (thanks to the ubiquitous ChatGPT), and the latter represent a family of AI models that support text-to-image generation.
Infrastructure, the second layer, comprises key tools designed to help manage media operations, on-platform traffic, game development, avatar creation and NFT trading. On top of infrastructure is the core assets layer, which includes Ultiverse's genesis NFT collection, AI assistants and a collection of NFTs that facilitate the creation of microworlds within the larger Ultiverse world. The final layer is made up of DApps built on Ultiverse that are from a variety of domains, primarily gaming and SocialFi.
Ultiverse Key Features
Ultiverse SDK
The Ultiverse SDK is a game development kit that streamlines the process of building and launching Ultiverse-based gaming apps. It offers built-in components for some of the most useful and commonly used features in crypto games — multi-mode login options via multiple chains (using crypto wallets, social media accounts or emails), a unified decentralized identity system, social accounts connectivity, leaderboards and achievement milestones.
As of early May 2024, Ultiverse hasn't publicly released its SDK. Per the project's documentation, developers interested in the SDK are advised to contact Ultiverse directly to inquire about the product.
Ultiverse Live
Ultiverse Live is the platform’s media management component. Its main goal is to support and promote promising web3 projects. Ultiverse Live acts as a giant informational platform to help users stay in touch with developments related to the web3 universe via its Ask Me Anything (AMA) sessions. It includes a comprehensive media matrix that lists all of the key digital events — exhibitions, virtual concerts, seminars and more — taking place on the Ultiverse platform.
Mission Runner
Mission Runner allows Ultiverse users to participate in various quests to earn crypto rewards. It's designed for easy integration with DApps on the platform. This integration lets DApps employ Mission Runner for quests and tasks beyond simple actions, such as following the app's social media accounts or liking posts. It enables quests and reward mechanisms that are based on in-game features and performance.
World Book Creator
World Book Creator supports the integration of highly specific, tailored gaming storylines, characters and game objectives into the Ultiverse environment. It’s a valuable component that can help tailor gaming experiences down to the level of each individual player. The Creator supports the launch of Ultiverse Micro Worlds.
Micro Worlds (DApps)
Ultiverse isn't conceptualized as a single, monolithic metaverse environment. Instead, it consists of a variety of Micro Worlds enabled by on-platform DApps and components. Because they’re hosted on the unified Ultiverse platform, these Micro Worlds are closely integrated and can communicate. Even features such as shared co-governance and asset co-creation become possible through the integration of both Ultiverse’s Terminus and multiple Micro Worlds.
Ultiverse Core Assets
Electric Sheep NFTs
The Electric Sheep NFT collection is one of Ultiverse's core assets. As the project's genesis NFT collection, it consists of 7,000 items, each depicting a humanoid from a dystopian future.
Ownership of these NFTs entitles you to a host of privileges on the platform, including eligibility for ULTI token allocations, priority access to Micro Worlds and enhanced utilities in some gaming applications.
Ulti-Pilot
Ulti-Pilot is an AI-driven avatar representing the user's identity on the platform. With Ulti-Pilot, Ultiverse has taken the concept of gaming avatars to an entirely new level. To generate their Ulti-Pilot, a user can upload a variety of media, such as images, past conversations, voice messages and even their skills information to Ulltiverse and let the platform's generative AI technology produce a highly customized and realistic avatar, based on all these data points.
MetaGF
MetaGF is an AI personal assistant designed to help the user navigate the Ultiverse metaverse. It evolves alongside the Ulti-Pilot avatar. MetaGF can act as the user's companion in travels through the metaverse, delivering relevant web3 news, providing personalized recommendations, scheduling virtual meetings and recording the user's experiences and interactions on the platform.
MetaGFs turn Ultiverse into a truly robust and dynamic environment for exploration and social interactions. Thanks to these personalized AI assistants, users don't need to fear becoming lost in the expansive gaming universe or missing an important virtual meeting.
World Fragment
Another core asset on Ultiverse is the World Fragment NFT collection. Each of its 7,000 NFTs can be used to generate a highly customized Micro World within a larger gaming environment. Holders of these NFTs can use the World Book Creator feature to generate their highly personalized Micro Worlds. All 7,000 items in the collection will be distributed via airdrops among the holders of Electric Sheep NFTs.
What Is the Ultiverse Token (ULTI)?
The platform's native cryptocurrency, the ULTI token, is designed for several critical functions.
Transaction payments:ULTI is the main asset used for on-platform transactions, such as asset purchases and access to products and features. These can include standard asset purchases or more specialized transactions, e.g., payments to integrate DApps (Multi Worlds) with the Ultiverse platform.
Governance:ULTI holders are entitled to participate in on-platform governance processes. They can cast their votes for or against proposals related to the overall strategic development of the platform, reward allocation schemes and provide input regarding other critical matters concerning the Ultiverse ecosystem.
Rewards allocations to users for active participation in on-platform activities.
Rewards to users who share their Ulti-Pilot data to help train Ultiverse AI models.
Ultiverse (ULTI) Tokenomics
ULTI’s total and maximum supply is 10 billion, with supply allocation shares per the chart below:
The ULTI token was launched on Jun 3, 2024, and its entire supply is scheduled to be gradually released over a period of 48 months starting from the launch date.
Where to Buy Ultiverse (ULTI)
The ULTI token is available on Bybit's Spot market through a swap pair with USDT (ULTI/USDT). From Jun 5–20, 2024, you can also take advantage of Bybit's dedicated ULTI token campaign for a chance at a share of the 10 million ULTI prize pool.
For this campaign, new users can receive 1,000 ULTI in rewards by depositing at least 2,000 ULTI, or depositing at least 100 USDT and completing their first Spot trade on Bybit using the ULTI token. Meanwhile, existing Bybit customers can earn 625 ULTI rewards by depositing at least 2,000 ULTI, or depositing and trading at least 200 USDT worth of ULTI through the Spot market. Additionally, the campaign offers ULTI rewards for each friend you refer to sign up.
Ultiverse Token Price Prediction
As of Jun 13, 2024, the ULTI token has been on the market for only 11 days. It’s trading at $0.04386, which is 72.2% lower than its ATH of $0.1586, achieved on Jun 4, 2024, and 5.2% higher than its ATL of $0.04199, recorded just a day ago on Jun 13, 2024.
Long-term price forecasts for ULTI are just starting to appear on major price prediction portals, and aren't yet uniformly available. The existing forecasts are generally bullish. DigitalCoinPrice predicts an average rate of $0.11 in 2025 and $0.33 in 2030, while according to CoinDataFlow, the ULTI token’s price may rise to $0.215 in 2025 and reduce to $0.20 in 2030.
Closing Thoughts
Ultiverse is among the projects that are redefining digital interaction as we understand it. It's not just a platform to play crypto games — it's an entire web3 universe where users can play games, engage in social interaction, invest, trade NFTs and explore new worlds. Sophisticated avatars, the use of AI technologies to power intelligent digital assistants, and other AI-supported features further enhance the unique user experience offered by Ultiverse’s platform.
With the comprehensive set of features on offer, Ultiverse comes quite close to the ultimate definition of a blockchain-based metaverse — an immersive environment designed not for one or a few digital activities but for comprehensive virtual living. Thanks to the integration of AI features, this virtual living takes on completely new forms. Without doubt, Ultiverse is among the first blockchain projects helping to realize the next iteration of the metaverse concept: an AI-powered metaverse.
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