As we embraced the blockchain technology to provide a new way to make, distribute and play video games, we’ve made it a point to be as transparent as possible about our goals and the paths we take to achieve them. We believe that our community needs to accurately know our intentions as well as our achievements in order for our project to keep its legitimacy among gamers, developers and crypto enthusiasts. This is why we decided to engage in a partnership with Xangle.
Crypto and blockchain technologies have created extraordinary opportunities for many of us to shape new ideas that would be too difficult to develop any other way. Unfortunately, that new dynamic also brought vaporware projects that we don’t want to be associated with.
Having some bad actors makes the ecosystem insecure at first, but actually benefits the ecosystem in the long run by naturally driving the legit actors to cooperate for more transparency and truthfulness. Project leaders build more open solutions and trust when they communicate with corporate entities or the community. Investors and developers increase their awareness about fundamentals, compare, ask for reports, contribute actively and promote only the healthiest and most promising projects.
That’s why we are happy to announce our partnership with Xangle. To further increase the transparency standards of the blockchain industry, we submitted to Xangle all data required by their validation process. Their team verified and compiled our data in a clear way and it is now available for our community, future investors and potential partners such as exchanges.
Check the Ultra Page Here: https://xangle.io/project/home/UOS
The above-mentioned page will be constantly updated as Ultra evolves. Our constant communication with the Xangle team will allow them to display up-to-date and accurate information about our project, which will be crucial for recurring changes (supply, team, etc.) and big events such as the token swap from ERC20 to our native blockchain token.
That way we are certain that investors of all types can make educated decisions regarding Ultra.
What is Xangle
Xangle is a public data disclosure service that is operating on the global cryptocurrency market. Their goal is to resolve the issue of information asymmetry pervasive in the crypto market today. The Xangle information disclosure framework is based on that of the traditional financial market such as DART (S.Korea), EDGAR (US) and international credit rating corporates.
Xangle provides fundamental and comprehensive information, including both on-chain and off-chain data, to enable the intrinsic valuation of projects. They are actively working with token projects, exchanges and investors to institutionalize public data disclosure practices.
How Xangle Will Help Ultra
Xangle is going to help us on the following points:
1 — Communication support toward exchanges and funds
2 — Institutional grade reports
3 — Teaching and Curation
How Xangle Will Help You
Xangle organizes key data that we provide them so anyone is able to consult in real-time what happens on the Ultra network. They are the ultimate source of business intelligence, analysis, and news for Token Projects. Thanks to our partnership with Xangle, you’ll be able to access the following information:
Accumulated Transfer Count
Identify key performance indicators of token projects to keep track of real growth and activity in real-time.
Accumulated Wallet Count
Discover the actual growth rate of new users for decentralized platforms at a glance with the wallet count component provided by Xangle.
Major Token Transfers
Get a better visual for understanding the transfer of ownership between token holders with wallet identifiers.
Burn History
Stay up to date on all data, including token burns, that can have a meaningful impact on token price and value.
Balance Sheet
Stay informed and up-to-date on key financial information including project holdings of digital assets and cash equivalents.
Income Statement
Receive quarterly financial disclosures to get insights on the project progress.
You can also check out other on-chain data including transaction volume, Smart Contract Tx count, and many more curated data sets.
Xangle Links
https://www.linkedin.com/company/crossangle/
Ultra Links
Twitter: https://twitter.com/ultra_io
Telegram: https://t.me/ultra_io
