Blockchain-powered game distribution platform Ultra is slowly rolling out an early release of its service to the public. This has started with a select group of community members, and they will add more users in early 2021. A third phase, which is a next step towards a general release and full public access, will happen later next year.
Ultra wants to avoid any technical issues on its platform, and is therefore very careful with release their product too early to the public. During the current first phase the team can acquire valuable feedback to improve their service or adjust the onboarding process. During the second phase they will add new features to the platform as it will switch from test environment to the main network.
Ultra is a blockchain-powered game distribution platform. In essence it will be like Steam, but the blockchain provides scarcity. That means that a limited edition copy of a game really is limited in supply. In addition this also means that players can sell the games they have acquired. This is beneficial for developers, because they are a percentage over every re-sale.
Ultra will be accessible on the upcoming Atari VCS game console. At the same time the gaming company will make some of its classic games available through Ultra. The entire Ultra platform will integrate into the gaming console. USers can buy, download, play, trade, and stream games. In addition they can trade in-game assets and create esports tournaments.
The game distribution platform is also working together with The Sandbox. Together they want to create cross-chain interoperability for non-fungible tokens. This will mean that the ERC-721 and ERC-1155 protocols will be compatible with the UOS blockchain. As soon as this is functional, it will be easy for other blockchain games to move their product over to the UOS blockchain. Free and fast transactions would be an additional benefit of such a move.
It’s very similar to something we’re now seeing in decentralized finance. Through smart contracts a cryptocurrency from one blockchain gets wrapped into another blockchain. For example, one bitcoin gets locked away and in return you get a Wrapped Bitcoin (WBTC) on the Ethereum blockchain. In Oktober WAX already announced their plans to connect their economy to the Ethereum blockchain, which – once again – is a very similar idea.
Pay 500 PLAY for a 30-day subscription
Transfer 500 PLAY from your Roll wallet to Metamask for FREE. Then login to your Metamask or other Web3 portal, make sure you have 500 PLAY in your wallet, and use it wisely. A PLAY Membership allows you to earn more PLAY by reading this website. Join our community on Discord to get started! — Keep in mind that you need to pay transaction fees, so pick a moment with low fees.
Thank you for being a Play to Earn Community member! Please share our news with your friends by e-mail or on social media. The more people start using $PLAY, the more value it generates. Sharing = caring. With that being said, please claim your PLAY Rewards at the bottom of this message.
Robert Hoogendoorn is a gamer and blockchain enthusiast. He got in touch with crypto in 2014, but the fire really lit in 2017. Professionally he’s a content optimization expert and worked for press agencies and video production companies, always with a focus on the video games & tech industry. He’s a content manager and creator at heart, working on Play to Earn and for a variety of third party magazines and websites.