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CoinTiger AMA Recap with ULTI

CoinTiger has hosted the AMA session together with ULTI, which is the first ever NFT marketplace for Game Assets with Proof of Gaming, it solves the problem of traceability and uniqueness of all those assets. By implementing NFT — Non-Fungible Tokens, Artists and Developers can easily track their digital assets usage on blockchain. It also creates new ways of earning: NFT’s can be sold as unique pieces of art that can’t be reproduced and there’s only one owner. Buyers can bid onone-of-a-kind game assets, UI or music. Artists will be able to create their own storefronts complete with customizable themes, colours and unique URL! Developers can also discover Artists through their portfolios. It will be much easier now to find a partner for the next Indie game project or someone to join the AAA game development efforts. Apart from catering to Game Artists and Developers, Gamers will also find something for themselves. As Axie Infinity has shown (People in Phillipines earn money playing games ), playing games can also produce passive income. At Ulti Arena, we’re striving to create a thriving community of Game Enthusiasts. With Discussion Boards, users will be able to earn ULTI Tokens, which will be tradable on major cryptocurrency exchanges. An innovative Proof-of-Gaming concept will also provide a consensus mechanism for users to earn ULTI Tokens by just playing games. The longer they play, the more ULTI Tokens will be generated for that particular player. What’s more, Ulti Arena will release its own Collectibe Card Game which will also use Proof of Gaming — each card will be unique and 100% owned by the player. The game is called Ultimate Battle Arena.

Session1: QA with the Project representative

Q1. First simple question — who are you?

I’m Operations Manager at Ulti Arena. I was the CEO of RevoltGG a gaming tournament platform. I also worked for FACEIT.com and another gaming company that has huge following. In Ulti Arena I’m responsible for taking care of different projects including Proof of Gaming, strategic partnerships and operations.

I’m CEO & Founder of Ulti Arena — a NFT marketplace for Game Assets with Proof-of-Gaming. My first entrepreneurial experience was with MyBaze.com — an online marketplace for up-and-coming brands, we generated over $100k in monthly turnover and also managed to raise $1.5 mln from a VC Fund (you can read it here: https://mci.pl/en/mci-invests-in-mybaze-com-an-online-platform-integrating-sellers-and-buyers-in-the-design-industry) . I then founded 2 other companies. One was sold, Risen a Software Development company of 40 people with Python/React to Netguru. The other was iMeshup — a 3D collaboration tool for Game Studios (showcase of product here: https://www.youtube.com/watch?v=y-wrvv-F8vg) . I’ve also had my fair share of experience in Corporations (PwC and American Express). I’m also Chief Commercial Officer of Pragmatic Coders — a Blockchain / DeFi development company.

Q2. Could you please introduce Ulti Arena project?

Ulti Arena is the first NFT Marketplace for Game Assets built on Binance Smart Chain. By implementing NFT — Non-Fungible Tokens, Artists and Developers can easily track their digital assets usage on blockchain. It also creates new ways of earning: NFT’s can be sold as unique pieces of art that can’t be reproduced and there’s only one owner. Buyers can bid on one-of-a-kind game assets, UI or music.

Apart from catering to Game Artists and Developers, Gamers will also find something for themselves. At Ulti Arena, we’re striving to create a thriving community of Game Enthusiasts. An innovative Proof-of-Gaming concept will also provide a consensus mechanism for users to earn ULTI Tokens by just playing games (for example DOTA2). The longer they play, the more ULTI Tokens will be generated for that particular player.

We’re also launching our own Crypto Collectible Card Game together with FRAG Games and Remote Control Productions.

The #ULTI token was launched on PancakeSwap on 12th September — make sure to buy $ULTI and stake on https://finance.ultiarena.com/ as well ;)

Ulti Arena is an NFT marketplace for Game Assets. Buyers/sellers can trade unique 2D/3D assets, Music, Sound and UI/HUD on the platform. Additionally we’ll implement Proof-of-Gaming, a gaming client allowing you to earn $ULTI when playing games such as Dota 2 (More game integrations will come in the future, CS:GO etc..). We believe that NFT’s will change the world of gaming as we know it. Imagine every game in the future to be made on Blockchain — you can transfer any existing game items from one to another. Assets can be traceable and also unique — artists and developers will have new ways to monetize their creations and see how they’re used.

Ulti Arena has few major products:

NFT marketplace is made for Game Assets. Buyers or sellers can trade their unique 2D/3D assets such as music, sound and UI/HUD on the platform. The marketplace is gamer & eSport oriented. At the beta phase we are only allowing game artists and game studios to join and upload their artworks. You will be able to find high quality art at our marketplace.

Proof-of-Gaming (PoG), a gaming client allowing you to earn ULTI tokens when playing games. In a beta phase, the client will be web only where you won’t need to download anything at your PC. Everything will be taking form our web client. You will only need to connect your game account with our platform. The first game which we will be supporting will be Dota 2. We do plan more integrations in the future such as CS:GO, LoL, PUBG but that’s something to look for once we finish our beta phase with the first game. Console and Mobile support is also a thing we will be looking for in the future.

Crypto Collectable Card Game (CCCG) recently partnered with Remote Control Productions GmbH and Frag Games (Pvt.) Limited. Our partners have a history of innovative solutions in games, this will allow us to provide high quality game with success. The game style will be similar to LoL/Mobile Legends with Anime + Manga theme. The game will include a huge Pay to Earn element where users will be able to level up their cards/characters and later on sell it with profit.

Ulti Arena Tournaments, a place where people will be able to compete against each other in a team. Something similar like FACEIT or ESEA gaming platform, but this time it will be made for the crypto world with crypto prizes. We plan to start with Dota 2 and slowly expand to newer titles same as PoG (Proof-of-Gaming).

Discussion board which will be Reddit-type like where people will be able to express ideas, share new projects, assets in Gaming. Everyone will have the ability to upvote, downvote, earn ULTI Tokens through sharing quality projects, discussions or valuable answers. Depending on the level of ULTI Tokens earned through Discussion Boards, everyone will gain Badges (from Newbie level to Gosu). This is a great addition to the Ulti Arena project.

Ulti Arena Financial Tools, reflections, staking and framing might also come in the near future. Please make sure to watch our social media for the newest news. Our Tokenomics is simple: there’s a 6% tax on each transaction: 2% burn, 2% reflection and 2% auto-LP. Additionally, we give back to all $ULTI holders 30% of all NFT marketplace’s platform revenue.

https://contests.uba.gg/

Q3. We have seen the BOOM of defi gaming — it’s where the future is, So tell us why YOUR game is better then allll the rest ?

Crypto gaming has taken the world by storm. Our goal is to dominate this space either with our NFT marketplace, Proof of Gaming or our game. In order to connect all those parts and essentially create new value for ULTI — we decided to partner with Remote Control Productions and Frag Games to make it happen. Making our own game allows the community to really experience Play2Earn at another level. We feel like crypto gaming is kind of dull and boring — especially when you’re playing Axie Infinity or My Defi Pet where the 2D Gameplay is not exciting enough. That’s why we’ve partnered with reputable Game Studios to make it more exciting while allowing players to earn by gaming. We chose the Collectible Card genre but will ultimately mash it up with AFK Arena and Mobile Legends. As for our game, why did we decide to make it? List of core mechanics of Ultimate Battle Arena (subject to change): — Choose your valiant ‘Heroes’ and represent them in combat. Each with special cards & playstyles, making every deck feel unique! — Strategize, play cards & utilize your Hero Power to attack enemy targets. Strive to take control of the Battle Board — Keep an eye out on how you spend Mana. You’ll need it to perform most of your actions. — Use special cards, spells, weapons, and secrets to disrupt your opponents. — The objective? Finish off your enemy players health and emerge victorious! Earn Benders of Valor (BOV) — a new token that will be used to craft new cards and a sort of in-game currency.

Well first of all, we have done heavy research on our ideal player ;) We’re gonna target our game to Southeast Asian and South American markets — these are the ones we see most potential in terms of P2E crypto gaming. That’s what differ us from other trading card games — it’s that we’ve done everything to make it more appealing to players in these regions (for example, Hearthstone is not that popular due to its design style as well as gameplay — in these regions).

What’s more — this is not just a trading card game with a battleboard in the middle — we’ve introduced a lot of RPG as well as AFK Arena/Mobile Legends style gameplay

Q4. What are advantages of holding ULTI?

First of all, you can stake on https://finance.ultiarena.com/ — hurry up because there’s small allocation left!

One of the first “rewards” that a holder can see are reflections. From our 6% tax per trx 2% is distributed to ALL holders. If reflections are not enough for you we also offer staking on our own developed platform (finance.ultiarena.com), all you need to do is having 100k $ULTI’s in your wallet and you can chose what APR suits you the most (Spoiler alert, the 365 days offers a 110% APR 😅 ) Also, when our products will be live 30% from the revenue generated by them will be used to BuyBack & Burn $ULTI’s, so basically the supply will be lowered constantly so the overall value of your $ULTI’s will increase in time. And not to forget, you should hold in order to access our products. For PoG you will need $ULTI’s to purchase the license and for UBA you will need $ULTI’s to buy the first pack of cards 😉 So buy now while is a Black Friday price and keep ’em for the products.

30% of all Ulti Arena’s revenue goes to Buy Back and Burn

- At the center of the whole platform will be ULTI tokens. There will be multiple ways holders of ULTI tokens can benefit from Holding ULTI’s:

-Artists, Game Developers will earn through sale of NFT’s through the marketplace,

- 30% of total revenue of NFT Marketplace, Proof of Gaming and our Crypto Collectible Card Game will go to Buy Back and Burn ULTI’s,

- By participating in the community discussion boards, events, competitions, tournaments: Gamers, Artists and Game Developers will earn ULTI tokens.

6% tax — 2% burn, 2% reflection and 2% auto-LP

Deflationary tokenomics:

- CEX transactions will be whitelisted and as such, will have no taxes (meaning that trading on CoinTiger, BitMart etc. will be untaxed),

- For each buy/sell transaction on DEX — there will be “Reflection”: the 2% fee is subsequently distributed among all ULTI holders,

- The second component, 2% auto-LP is the fee that will be paid and then distributed to various liquidity pools on DEX’es (PancakeSwap, UniSwap, Quickswap among others),

- The third component — 2% is a token burn that occurs at the conclusion of each transaction.

Staking and Yield Farming

-ULTI tokens can be staked for special NFT rewards,

-ULTI’s can also be staked to get ULTI’s — APR’s will depend on the period of Staking,

-Yield Farming includes staking ULTI-BNB to get NFT rewards or ULTI’s,

-Access to exclusive collection for owners of at least 10,000 ULTI tokens,

-Option to highlight and promote assets, merch on NFT Marketplace will be available only to ULTI token holders.

-Access Proof of Gaming

The only way to access Proof of Gaming is to buy access with ULTI Tokens,

-For each game, in order to “unlock” it and start Play2Earn, players will need to buy access with ULTI Tokens,

-There will be a possibility to trade in-game items with ULTI tokens (such as skins etc.)

-Access Ultimate Battle Arena (our Game)

ULTI tokens can be used to access and buy new card decks from our upcoming Crypto Collectible Card Game (CCCG),

-The only way to start playing Ultimate Battle Arena is through spending ULTI’s to buy the new starting deck,

-All cards in UBA will be NFT’s — as such they’ll be traded on our NFT marketplace,

-Our NFT Marketplace will accept ULTI’s as form of payment for NFT’s — so again, players will need ULTI’s to buy/sell the NFT cards on the marketplace

Q5. What is ULTI’s plan for 2021?

Session 2: Open Questions by the Community

Q1. What social network does your community focus on, how do they know about your project? I want to join the community, where can I find it?

We are running multiple marketing campaigns, most of them relays on YT, Twitter, FB, Google ads

If you would like to join us:

Website

Facebook

Twitch

Discord

Reddit

Youtube

Twitter

Medium

Whitepaper

https://t.me/ultiarena <- Here’s our telegram

Q2. Almost 4/5 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?

That question was already answered in our AMA.

“One of the first “rewards” that a holder can see are reflections. From our 6% tax per trx 2% is distributed to ALL holders. If reflections are not enough for you we also offer staking on our own developed platform (finance.ultiarena.com), all you need to do is having 100k $ULTI’s in your wallet and you can chose what APR suits you the most (Spoiler alert, the 365 days offers a 110% APR 😉 ) Also, when our products will be live 30% from the revenue generated by them will be used to BuyBack & Burn $ULTI’s, so basically the supply will be lowered constantly so the overall value of your $ULTI’s will increase in time. And not to forget, you should hold in order to access our products. For PoG you will need $ULTI’s to purchase the license and for UBA you will need $ULTI’s to buy the first pack of cards 😉 So buy now while is a Black Friday price and keep ’em for the products.”

Q3. What are your targets in 2022 ? Will you enter the NFT industry in the future? Are you also thinking about adding an NFT to your portfolio?

We are in NFT Industry ATM. But it’s more focused at gaming where only game studios and artists will be able to sell their artwork.

NFT Marketplace should be available in 2 weeks. Stay tuned for more details at our social media.

Proof of Gaming — Release December 2021

Ultimate Battle Arena — Release January 2022

Q4. I have seen that you have done many AMAs, my question is, what do you expect to get from so many AMAs and what are your goals with the community? Do you consider the community to be a fundamental role in the project?

Currently we want to limit AMAs because in 90% cases those AMA’s are filled with bots and same questions appear all over again.

There are no benefits from AMAs with bots, we are just burning money on this process. We want to diversify our marketing plan to use multiple channels in order to get to our target group — holders.

Q5. Nearly 80% of investors only focus on short-term token price instead of understanding the real value of the project. Can you tell us the motivations and benefits for investors to hold your tokens in the long term?

It’s simple, each time we add a new set of card & characters into Ultimate Battle Arena game, the price will go up.

Same thing goes with Proof of Gaming, if we will support a new game, a new batch of users will join ULTI. That means that the price will go up.

Also, please keep in mind that we have buy back program, if the NFT will be sold at our marketplace, we will be getting the price up.

Session 3: Multiple-Choice-Questions

The correct answers will be bolded

  1. What does “UBA” shortcut stand for?

A.Uni Battle Anime

B.Ultimate Battle Arena

C.Ultimate Battlefield Area

D.Ultimate Battlegrounds Army

2. What will be your first game supported?

A.CS:GO

B.LoL

C.PUBG

D.Dota 2

3. On which blokchain is currently ULTI based on?

A:ETH

B.Solana

C.Binance Smart Chain

D.Polygon

4. What is your transaction fee?

A.6%

B.3%

C.2%

D.10%

5. When Proof of Gaming & UBA game will be released?

A.Both in November 2021

B.PoG November 2021 and UBA game December 2021

C.Both in December 2021

D.PoG December 2021 and UBA game January 2022

About CoinTiger

CoinTiger platform has an ecosystem that includes web, iOS, Android, and exchange service system (e.g Cryptocurrency, FIAT, Future, and Leveraged Tokens Trading, Ticker Capital, Lab, Security Alliance, Tiger Knights, IEO, Tiger Forum), and is now one of the most popular exchanges in the world, which formed sub-branches in countries such as Korea, Japan, Russia, Italy and more. CoinTiger is founded in November 2017 and has exceeded 4 million users today. CoinTiger also provides trading and investing services for 158 countries with over 100 quality assets. CoinTiger is also the first crypto exchange to implement a 100 % equity mechanism for its native TigerCash (TCH) coin. The first thing CoinTiger has done is to serve its users well and deliver secure, efficient, and reliable services with the highest level of global ecosystems, banking security, efficient and best possible product experience, easy and fast transaction services, and a 7X24 customer support team.

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CoinTiger is a global and innovative crypto asset exchange that provides multi-crypto-currency trading services in multi-language to blockchain enthusiasts.