CRYPTO REVIEW — ULTRA $UOS

Igor
18 min readApr 8, 2020

Fundamentals Check:

Website: https://ultra.io/

Whitepaper: https://ultra.io/whitepaper

Roadmap/Working Product: Mainnet launch Q3 2020

Technicals:

  • Market Cap: $10,664,780
  • Circulating Supply: 302,214,232
  • Total Supply: 1,000,000,000
  • Funds raised through Seed, Private Sale, and IEO: $11,381,611
  • IEO ended: July 17, 2019
  • Seed Price: $0.063, Private Sale: $0.07, IEO Price: $0.05
  • Today’s Price: $0.044 (611 Satoshi)
  • ERC20? Yes. Swap to EOS.io once mainnet launched.
  • Exchanges: Bitfinex, Coinone, and Bitrue
  • Sector: Gaming/Game Distribution Platform

Pitch

“Ultra’s mission is to build a first-class PC game publishing platform and ecosystem that puts an end to the current distribution monopoly by providing new opportunities to game developers, players, and influencers.”

The Problem

The P.C. gaming industry is currently dominated by middlemen and industry heavyweights such as Steam, Apple and Google. The monopoly these companies hold makes it difficult for developers to sell their software outside of these “walled gardens.” It is also becoming increasingly difficult for gamers to discover the right kind of content.

Industry Voices

The Problem Cont’d: The PC Game Market

The PC game market is a massive $32 billion market. While platforms like Steam and Apple hold monopolies over this market, there is still a vast untapped segment. Self-publishing platforms make up 88% of the PC gaming market. Developers who choose to self-publish though are falling short in creating and delivering a fully-fledged user experience on their custom platforms.

Many developers don’t agree with the massive cut current gaming platforms take. Companies like Steam, which a majority of developers sell their…

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Igor

Crypto Investor. Analyst @Blockfyre. Newsletter writer @NicoyaResearch. Goldbug. NYC. Law Grad.