Name: Ultra
Brand: Ultra
SKU: UOS
Price: 0.037 USD
Availability: InStock

Question 1

What is Ultra (UOS)?

Accepted Answer

Ultra (UOS) is a blockchain-based entertainment platform specifically designed for PC gaming. It provides various services that benefit both gamers and game developers, enabling users to own and trade their digital assets securely. The platform acts as an open marketplace where games and virtual items can be bought, sold, and resold, while also allowing for new revenue opportunities for developers.

Question 2

What differentiates Ultra (UOS) from other tokens?

Accepted Answer

What sets Ultra apart from other tokens is its focus on the gaming industry, offering a user-friendly platform for gamers and developers alike. Unlike traditional platforms, Ultra allows users to truly own their digital assets as non-fungible tokens (NFTs), providing them with a genuine stake in the ecosystem. It eliminates transaction fees on purchases and promotes a new revenue model for game developers through its unique blockchain technology.

Question 3

What is the utility of Ultra (UOS)?

Accepted Answer

The utility of Ultra (UOS) includes its use as the primary means of transaction within the platform, allowing users to buy games, virtual items, and participate in various gaming-related activities. UOS tokens can also be utilized for non-transactional purposes like entering tournaments, placing bets, and making donations. Additionally, tokens are earned through different user-engagement activities such as beta testing and watching advertisements.

Question 4

What does the Ultra (UOS) whitepaper promise?

Accepted Answer

The Ultra whitepaper outlines a vision of transforming the gaming industry by addressing the limitations of current distribution platforms. It promises to enhance user engagement through unique properties, rewarding users for their actions, and establishing a marketplace where developers can innovate beyond traditional models. However, the specific contents of the whitepaper were not detailed in the provided information.

Question 5

What consensus mechanism does Ultra (UOS) use?

Accepted Answer

Ultra (UOS) is based on the EOSIO protocol, a next-generation technology developed by Daniel Larimer. This design allows for instant free transactions, with block times of 0.5 seconds and a throughput capable of reaching over 100,000 transactions per second.

The transparency and efficiency of the EOSIO structure contribute to Ultra's vision of a decentralized gaming ecosystem.

Question 6

Who created Ultra and why?

Accepted Answer

Ultra was founded by David Hanson and Nicolas Gilot, who have nearly 20 years of experience in the gaming industry. They previously worked on significant projects, including Xiaobawang, a $100-million console project in partnership with AMD.

Question 7

When was the Ultra (UOS) token created?

Accepted Answer

The UOS token was created and is tied to the launch of the Ultra platform, which began its open beta in October 2019.

Question 8

How do I use the Ultra (UOS) token?

Accepted Answer

You can use the UOS token to purchase games, virtual items, and advertisements on the Ultra platform. Additionally, UOS can be earned through specific actions such as helping game developers, watching ads, and participating in events like tournaments. Users can also engage in the wider ecosystem, buying and reselling games and items.

Question 9

Where do I buy the Ultra (UOS) token?

Accepted Answer

Ultra can be bought on the SwissBorg app with just a few clicks. Download the app for Android or iOS and exchange cryptos instantly at the best price.

Question 10

What problem or need does Ultra aim to address?

Accepted Answer

Ultra (UOS) aims to disrupt the traditional gaming industry by providing a blockchain-based platform that allows for the creation of customizable game distribution services and virtual goods trading. This approach addresses the monopoly held by major platforms like Steam, Google, and Apple, creating new opportunities and value for both gamers and game developers.

Question 11

Is the Ultra (UOS) open-source, and can I review its code?

Accepted Answer

Ultra's code is not explicitly stated to be open-source in the provided documents. However, it is built on the EOSIO blockchain technology, which is open-source.

Question 12

How was the Ultra (UOS) token generated?

Accepted Answer

The Ultra (UOS) token was generated through a structured distribution model, which included allocations for the core team, growth, reserves, content acquisition, and other categories. The core team received 18% of tokens, which were subject to a one-year lockup and a vesting period of 1.5 years.

Question 13

What is the Ultra (UOS) transaction speed and scalability?

Accepted Answer

Ultra boasts impressive scalability with block times of 0.5 seconds and a throughput of up to 12,000 transactions per second (TPS). Future goals indicate they aim to exceed 100,000 TPS.

Question 14

Is Ultra (UOS) environmentally friendly in terms of energy consumption?

Accepted Answer

Ultra (UOS) aims to provide an eco-friendly gaming ecosystem, prioritizing energy-efficient blockchain technology to minimize its environmental impact. By leveraging a decentralized network, Ultra potentially reduces energy consumption compared to traditional gaming platforms, aligning with sustainable practices.

Question 15

What is the governance model for Ultra (UOS)?

Accepted Answer

The governance model for Ultra involves a decentralized approach, where decisions are made collectively within the community. This ensures that both gamers and developers have a say in the platform's evolution, promoting transparency and collaboration within the ecosystem.

Question 16

What are the long-term goals and vision for Ultra?

Accepted Answer

Ultra envisions revolutionizing the gaming industry by building an open marketplace for game distribution and virtual goods. The long-term goals include empowering gamers with true ownership of their digital assets, fostering new revenue streams for developers, and creating a vibrant community that thrives on user engagement and participation.

Ultra Price

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Market Stats

What is Ultra (UOS)?

Technical Analysis

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Ultra Price

Top up and invest in seconds!

Market Stats

What is Ultra (UOS)?

What differentiates Ultra (UOS) from other tokens?

What is the utility of Ultra (UOS)?

What does the Ultra (UOS) whitepaper promise?

What consensus mechanism does Ultra (UOS) use?

Who created Ultra and why?

When was the Ultra (UOS) token created?

How do I use the Ultra (UOS) token?

Where do I buy the Ultra (UOS) token?

What problem or need does Ultra aim to address?

Is the Ultra (UOS) open-source, and can I review its code?

How was the Ultra (UOS) token generated?

What is the Ultra (UOS) transaction speed and scalability?

Is Ultra (UOS) environmentally friendly in terms of energy consumption?

What is the governance model for Ultra (UOS)?

What are the long-term goals and vision for Ultra?

Technical Analysis

Exclusive tools

Automate your investment today!

Receive notifications when Ultra reaches certain prices.

Begin your Borger Journey today with the SwissBorg app!

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