Ultra and SwissBorg Team Up with Agora to Bring GameFi to the Ultraverse
Ultra and SwissBorg sign a joint venture to deliver Agora and bring new GameFi features to players in the Ultraverse
We’re thrilled to announce our partnership with Agora and SwissBorg to bring new GameFi features to the Ultraverse! As a result of this joint venture, players will be able to easily integrate Agora within a game or app to swap fungible tokens seamlessly inside the Ultra ecosystem.
Backed by Ultra and SwissBorg, Agora aims to become the all-in-one platform to bridge the gap between DeFi and the games industry. We’re on a mission to make blockchain-powered gaming a part of everyday life!
The time for GameFi is now!
Ultra is building the most compelling ecosystem for gamers worldwide, where various entertainment industry services can be accessed through one single login. Spearheading this revolution, Ultra Games will release soon as a next-gen games distribution platform where players can truly own their gaming experiences. Players in the Ultra ecosystem will find a place to play games, watch streams, explore new content, participate in tournaments, and share their love for video games–all on one platform!
Agora leverages Ultra’s cutting-edge reliable blockchain infrastructure and Swissborg’s industry-leading expertise to provide new opportunities to monetize and bring real liquidity to every application deployed on Ultra’s network. Ultra’s technology enables Agora to execute instant transactions without transaction fees and onboarding fees.
With this joint venture, we also confirm our team’s commitment to empowering everyone in the gaming ecosystem, including developers, influencers, creators, and gamers. We see how GameFi is unlocking countless possibilities and new ways to understand how we play games.
GameFi embodies the intersection of blockchain technology, the finance industry, and the gaming industry. We are convinced GameFi is leveling the playing field for stakeholders (gamers, companies, etc.) and offering new possibilities to innovate in the gaming industry.
“Agora aims to become the GameFi golden standard, opening various new and exciting possibilities in the space. Through Ultra’s frictionless, mainstream ready blockchain technology, Ultra and SwissBorg will enable Agora’s team to trailblaze the space by delivering players more value to their gaming experience.”
David Hanson, Co-CEO of Ultra
A deep dive into the Agora ecosystem
Agora is building an integrated platform where players can discover and experience GameFi in a unique way through Ultra’s robust blockchain infrastructure. Agora selected Ultra’s blockchain for its ease of use, high scalability, feeless transactions, and eco-friendly technology.
“We selected the Ultra blockchain to build Agora because their blockchain technology makes it possible for us to address a mainstream audience without getting into complicated technicalities. Furthermore, it makes a lot of sense to build on top of a true gaming ecosystem capable of addressing the traditional gaming industry needs.”
Pierre de Viry, CEO of Agora
Agora will ultimately deliver, among others, the following functionalities:
DEX
Agora is developing a DEX on the Ultra blockchain to offer an efficient solution with low slippage and higher rewards for liquidity providers.
A DEX, short for “decentralized exchange,” is a p2p decentralized service to convert tokens. For example, when a player earns a number of tokens, they can then exchange them for UOS tokens or vice versa.
Digital identity
Agora and Ultra will work together to introduce a new kind of decentralized digital identity. This will facilitate a user’s authentication across different games and apps in the Ultra ecosystem.
GameFi index
Agora will open new opportunities for the mass market to invest in GameFi without having to perform research for a complex ecosystem of gaming tokens by themselves. For this, Agora will enable wholly automated, capitalization-weighted GameFi indexes. Tokens will be eligible based on specific criteria maintained by the Agora DAO related to liquidity, total market supply, and their relevance to GameFi.
NFT lending
We’re building a new way to lend NFTs and monetize loans using Ultra’s Uniq NFT standard, which will be proven secure at its source and provide an innovative technological foundation to build new economies based on digital assets.
Launchpad
Agora’s launchpad will enable users to purchase tokens and NFTs from games and apps on the Ultra ecosystem.
SwissBorg developed a crypto wealth management app with more than half a million verified users that is easy to use while providing seamless Fiat to Crypto on- and off-ramps. Their aim is democratizing wealth management. The Swiss-based company will support Agora by engaging with its 660k+ verified users, and its venture capital team (SwissBorg Ventures) to create an environment where mass adoption is inevitable.
“For crypto mass adoption to happen, we need to move from a speculative space to a utility space, gaming will enable this transition to happen. We are proud to be part of Agora, a next generation gamefi hub based on UOS technology.”
Anthony, CSO and Founder of SwissBorg
Discover more about the Agora ecosystem on their website.
About Ultra
Ultra is the first entertainment platform providing all key games industry services under a single roof, easily accessible through a single login.
Built around our PC games distribution store, Ultra provides access to countless centralized and decentralized services: Discover, buy, play and sell your games and in-game items, watch live-streaming feeds, interact with your favorite influencers, participate in contests, compete in tournaments, and much more.
Ultra has been built to provide endless value for players, a fair playing ground for developers, and a whole new world of opportunities for the games industry.
For more information, visit ultra.io and onultra.io and follow along on Twitter, YouTube, Telegram, and Discord.
About Agora
Agora is an all-in-one GameFi Hub, including a DEX that aims to tap into new sources of TVL from the traditional gaming market and provide lower slippage trading and higher rewards for liquidity providers.
Agora also provides a GameFi index that simplifies access to GameFi investing, NFT lending, which helps gaming guilds and others optimize the yield on their NFT gaming assets and a launchpad, which will enable the best GameFi projects access to funding from the Agora and partner investment communities.
About SwissBorg
SwissBorg is democratising wealth management by making it fun, fair, and community-centric. Headquartered in Lausanne, Switzerland, SwissBorg has an international team of nearly 300 people and holds a Virtual Currency License, which allows us to provide virtual currency exchange and virtual currency wallets internationally. SwissBorg is also registered as a PSAN (digital assets service provider) with France’s AMF.
Our showcase product, the SwissBorg app, is empowering over 650,000 users to buy, sell and exchange digital assets, with features like AI-powered asset analysis and Portfolio Analytics to help them make smart investment decisions. Our best-in-class Smart Yield wallet gives users the opportunity to earn yields of up to 15% on USDC, along with increasing the benefits of our own token’s staking utility by offering Premium account holders a boosted yield. The SwissBorg token is the heart of the SwissBorg ecosystem, and was one of 2020’s top-performing tokens, skyrocketing by 2,700% and reaching the top 70 tokens on CoinMarketCap.
We believe that blockchain technology can empower everyone to control their wealth, and that this is the next step towards a world of decentralised nations, where every individual is welcome and is fairly rewarded for their contributions.
