The new coin issuance platform of OKX, one of the top three global exchanges, Jumpstart, will launch the mining activity of the new project Ultiverse ($ULTI) at 2 pm next Monday (6/3). It will open Bitcoin and Ethereum pledging to earn a total of 300 million $ULTI coins.
(Background: Notcoin surged to $0.01! TON’s biggest meme coin listed on 18 exchanges including Binance and OKX)
Jumpstart, the new coin issuance platform of OKX, announced the launch of the new project Ultiverse ($ULTI) after the mining activity of Telegram game Notcoin ($NOT) ended on the 16th. Ultiverse is an AI-driven Web3 gaming platform that has a strong presence in the community. Its Discord has over 370,000 members.
The mining activity will start at 2 pm on Monday (6/3) and allow users to pledge up to 0.3 BTC and 3.5 ETH to earn a total of 300 million $ULTI coins, which accounts for 3% of its total token supply. The activity will last for only 3 days, ending at 2 pm on June 6. The distribution and trading of $ULTI tokens are expected to begin later on the same day.
However, it is important to note that users from China, Hong Kong, and South Korea are not eligible to participate in this activity.
Jumpstart Activity Details:
Ultiverse: AI-driven all-in-one gaming platform
Ultiverse is an AI-driven all-in-one gaming platform that combines AI, metaverse, social, and blockchain gaming elements. By entering its Ulti-Pilot website, users can explore various games in its ecosystem, such as the BAC Game that won the Winner of the Blast’s BIG BANG competition. Users can interact with the games in its ecosystem by consuming gas and earn points and SOUL, which are expected to be exchangeable for $ULTC.
In addition, holders of the Genesis NFT Electric Sheep will also receive airdrops of $ULTI, and the floor price once surged to 2.3 ETH.
At the end of April, the official launched the $ULTC public sale, where participants could compete for a total of 8,000 Gold Chip NFTs with 0.25 ETH (valued at about $750 at the time). After the launch of $ULTI tokens, Gold Chip NFT holders can destroy them to receive monthly $ULTC airdrops. It is understood that the off-market price of Gold Chip NFT once reached $3,000, while the current floor price is 0.36 ETH (about $1,340), indicating high market expectations for $ULTC.
Ultiverse has raised nearly $14 million in funding, with investors including Binance, Sequoia, Animoca Brands, and well-known individuals in the NFT field such as Dingaling and 0xSun. The latest round of financing valued the company at nearly $150 million.
In terms of token economics, the total supply of $ULTI is 1 billion. Among them, 3% is allocated to the OKX Jumpstart activity, 8% for airdrops, and investors and core contributors receive 20% and 17% respectively. The community and ecosystem account for the largest proportion, reaching 46%.
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