KuCoin Labs Incubation Program I — The Incubation Thesis in UFORIKA

KuCoin Labs
4 min readMar 30, 2023

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Background

Following deep analysis of massive open world environments, UFORIKA saw an opportunity to build a new virtual platform, blockchain enabled experience that would both inspire and empower, removing barriers to deliver an accessible environment to engage every user. Combining cultural, creative and professional passions, the UFORIKA vision was written with a driving ambition to liberate limitless creativity for the virtual world, embracing the digital revolution and ready to disrupt the existing status quo.

Since then, UFORIKA has been committed to building an environment that pushes technical boundaries, laying the foundations to enable a diverse community of users from all over the world. Through its innovative platform and technology approach, UFORIKA aims to empower users by putting the editing tools for content creators directly in the live game environment through a seamless and user friendly experience meaning, for the first time ever, users and players will be able to access a creator experience that was previously reserved for specialised developers.

About UFORIKA

UFORIKA is an MMO metaverse platform on a mission to liberate limitless creativity for the virtual world by providing accessible technology to engage every user. Journey into the heart of a world with a deep connection to its past, building for its future. A world of play, creation and community, delivering innovative toolsets to empower users & creators. UFORIKA is introducing new, innovative & fit for purpose game engine technology built by experienced industry veterans that enables fast iteration, improved efficiencies in architecture, lower base specifications and ‘pixar level’ AAA graphics to a wider user and hardware base. UFORIKA democratises its technology architecture to facilitate true user generated content, allowing users to harness the full power of the platform engine, empowering the novice all the way through to experienced pro creator. Wrapped in its own original IP, UFORIKA is a passionate advocate of the open metaverse and invites users and players to discover a new story of mystery, power and fantasy. Explore a new world and be an active participant in shaping it with UGC tooling directly in the live platform environment!

UFORIKA’s 3 Pillars

The UFORIKA ecosystem is structured across 3 distinct pillars: IP / PLATFORM / GAME ENGINE TECH

UFORIKA’s 3 Pillars

This approach drives the UFORIKA business model:

UFORIKA business model

Why Use a Custom Game Engine?

UFORIKA utilises new engine technology built by industry veterans, fit for purpose to mitigate the need to adapt and customise existing technology. The engine architecture is designed to embrace Web3, UGC, Fast Iteration and delivers substantial time and efficiency advantages. This supports the vision to deliver a seamless UX for users and players.

What differs from existing technology?

Massive open world metaverse platforms are evolving and should be built using a fit for purpose engine. Using existing technology means trying to adapt and customise something created for mobile games or first-person shooters, which UFORIKA isn’t. UFORIKA is much more than that. Bending old architecture through compromising systems will lead to massive quantities of bugs and workarounds.

KuCoin Labs Investment Methodology

Embracing Web 3.0 — putting the user front and centre in terms of accessibility. They are in charge of their content; Uforika provides the tools, pipeline and efficient processes to explore their creativity.

User-Generated content — users and developers contribute efficiently to an ever-expanding universe that can be easily maintained as it grows.

Fast Iteration — No lengthy, expensive build cycles. No more time consuming, error-prone cooking processes.

Substantial Time and Efficiency Advantage — Across all areas of development from research and development & feature addition to testing every hour of every day.

Smaller, More Productive Team Size — Serious cost benefits through optimising the team

Built for purpose — No legacy code to maintain.Clear and consistent architectural design and vision, no code bloat, no overengineered templated systems. Unit tests are ‘built-in’ architecture to aid development and accuracy from the start.

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KuCoin Labs

KuCoin research and investment arm rebranded KuCoin Labs. BUIDL 🦾