After three years of development, Ultra (UOS) – a gaming ecosystem that has worked with Ubisoft, AMD and Atari-revealed in a press release that its mainnet will go live on June 29.

Ultra’s goal is to provide players and software developers with a base from which to create, build, and distribute their work using Non-fungible token (NFT) technology. And this while maintaining full control over monetization and resale.

According to the team, the launch marks an important milestone for the project. Now developers can start building on the platform. The direct competitor in the centralized space would be digital game distribution platforms such as Steam or the Epic Games Store.

However, unlike these centralized platforms, on Ultra all games will be NFTs-which means that buyers will have full ownership and will not have to surrender their ownership rights to a third party.

Real property?

The goal is to deliver real ownership of digital assets such as games and in-game items. This means that user-generated content can be purchased, traded and resold on the NFT marketplace.

Nicolas Gilot, co-CEO of Ultra, emphasizes that gamers and developers can make money by playing games by creating and selling their skills in popular games.

For example, a player who created a character in the popular MMO World of Warcraft could tokenize it and sell it to a new player, while the developer of the game, Blizzard, will also receive his share of the sale. Nicolas on this:

“The launch of the Ultra Mainnet is a major milestone for us. We are pleased that we are getting closer to releasing the platform to the general public. With the Ultra blockchain, we are one step closer to creating a truly unique ecosystem that offers unprecedented value to players and game developers.“

And:

“The possibilities are endless. We are working to enable a revolution in the way gamers and game developers are paid, and we want to make sure they get recognition for the time they spend doing what they love.”

Great support from Ubisoft

The Ultra team has also focused on building partnerships with gaming and hardware giants. Most notable is support from developer Ubisoft and microchip manufacturer AMD. A partnership with gaming pioneer Atari also exists.

Nicolas Pouard, director of the blockchain initiative at Ubisoft, explains:

“We are very happy to work with Ultra. They are a solid team, pioneers, and we know we will learn a lot by working with them. Our approach remains the same as always, we want to support the best projects in the ecosystem.”

A number of advantages

Using Ultra means that developers get a share in the resale and trading of games and in-game items and can set the parameters for each tradeable item. This allows you to ensure that it meets your requirements. Ultra gives gamers and game developers more control over digital assets to promote the new opportunities that Ultra’s blockchain offers.

According to Ultra, the blockchain is designed to be implemented with any application. It is designed to provide developers with a number of benefits, including ease of use, reliability, low operating costs, tax and regulatory compliance, security and intellectual property protection, no transaction and onboarding fees, and high transaction throughput.

In July, Ultra is expected to release its first publicly downloadable client. Users will be able to register, reserve their platform username and access the Ultra Wallet application, which allows the purchase of Ultra’s native UOS token. This allows the UOS tokens to be sent and received to friends on the network.

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Text credit: Cryptoslate

Last updated on June 28, 2021

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