Ultiverse
Crypto Overview
Project Overview
Ultiverse is a metaverse gaming ecosystem built on BNB Chain that aims to create immersive social gaming experiences. The project combines Web3 elements with AAA gaming quality, using ULTI as its native token for governance and in-game transactions.
Purpose and Utility
The ULTI token serves multiple functions within the Ultiverse ecosystem: governance rights for holders, in-game currency for purchases and transactions, rewards for participation in ecosystem activities, and staking for platform benefits.
Business Model Analysis
The project generates revenue through NFT sales, in-game transactions, and platform fees. The core business model focuses on gaming and virtual world interactions, which are generally permissible activities under Islamic principles as they involve actual value exchange and utility.
Development and Adoption
Ultiverse has shown consistent development activity, with regular updates to their platform and game offerings. The project has secured partnerships with major blockchain gaming entities and maintains an active development roadmap.
Token Distribution
The token distribution includes allocations for ecosystem development, team members, and public sale participants. While specific vesting schedules exist for team tokens, the distribution appears designed to support long-term project development rather than short-term profit taking.
Crypto Impact
To assign a comfort level investing in Ultiverse from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Ultiverse.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.