Author Twitter: mrspike.lens
link: http://link3.to/mrspike919293
Project name: Ultiverse
Country: China
Public chain to which it belongs: BSC (the main body of the game)
Sector: NFT, 3A chain games, VR
The key event node of the sector: Apple launched MR headsets in Q3, and the VR industry will explode this year and next year.
Financing situation, time and organization: US$18.5 million + NFT sales income of about 3500-4000 ethers. In the seed round in March 2022, binance raised 4.5M with 3 companies, the first round of Binance raised 5M, and the second round of June Mint Ventures raised 9M (not disclosed on the official website). Investment institutions: binance, Defiance Capital, Skyvision, SEQUOIA Redshirt, Mint Ventures.
Issuing Tokens: None. Reference website: https://cryptorank.io/ico/ultiverse
Past sales: Electric Sheep (NFT), Moonlight AI Companion (NFT)
Roadmap: (in chronological order) Terminus city Alpha internal test (NFT holding, opened at the end of January ) - Terminus BETA test - METAFI economic system launch - Endless LoopAlpha internal test - Endless Loop BETA test - Bazaar market ——Two games public beta——VR launch—Dark Fantasy Alpha closed beta (3A strategy game)——Ultiverse developer DAO
Special Events: None
Overview: The main body of the game is divided into Terminus city and Endless Loop. NFT products are divided into Electric Sheep electric sheep and Moonlight AI companion.
Product 1: Terminus City: The center of the universe where users can create their own experiences and aspects of the social environment in galleries, bazaars, guilds, mini-game centers, bars and other spaces. (Before the main body of the game is launched, this is the key display space of the project. Refer to Secondlive, RACA and other products. I think most of the chain activities will be here)
**Product 2:**Endless Loop: A 3A Web3 game with space exploration theme. Endless Loop enables users to farm resources, build bases, explore planets, and battle other players. (This is the main body of the full version of the game, open world and complete economic activities. It is estimated that the development time will be longer. See the introduction for some EVE gameplay and elements in it)
**Product 3:**Electric Sheep (NFT) has a total of 7,000 ETH chains with a rarity floor price of 0.82 ETH
Uses for holding: It can be used for Terminus 3D avatar AirDrop, Terminus dual-token AirDrop, Terminus land AirDrop, access to Alpha versions of the two games Terminus and Endless Loop, and Moonlight whitelists.
Roadmap (unrealized): Opening of the E-Sheep Chain - Terminus Closed Alpha Test - The First AirDrop for E-Sheep Holders - Terminus 3D Avatar NFTs AirDrop- Future Welfare Announcement (Future Collections Will Be Automatically Whitelists/exclusive NFT AirDrop/token benefits).
Market conditions: official royalties 5%, os royalties 2.5%. As of 23.1.30, the rate of pending orders for this project in the NFT market is low. There are 7,000 NFTs, 0.8% of the market’s pending orders, and 37% for exclusive addresses. Last week’s sales picked up compared to before, with a total of 59 NFTs sold, and the Liquidity is still low. (The reason for the poor liquidity and high proportion of independent addresses is that the AirDrop rights of Dianyang NFT in the later stage are bound to the pledge system, and you can get points tokens and AirDrop rights pledges planned by the roadmap, and multiple NFT pledges in the system can get income plus success, the pledge has no fixed period and can be unlocked freely)
**Product 4: **Moonlight AI Companion (NFT) Total 22,248 BSC Chain No rarity floor price 0.032 BNB
Official royalties 5%, os royalties 2.5%, market pending orders 1%, exclusive addresses 37%
See the introduction of the in-game gameplay similar to developing a girlfriend, driven by the OpenAI algorithm, and can do some auxiliary functions in the game.
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Author's opinion 1: The first round was led by Binance, followed by additional financing. This behavior shows that Binance attaches great importance to this project. It is said that this addition is to increase the weight of the project's discourse (the main body of the game is built on BSC, Probably the reason for the additional financing). The second round is 9M of financing from Mint Ventures, which basically equals the amount of the first round of financing. It can be seen that the proportion of Chinese-based capital in this game, the domestic team, and domestic capital. For 3A masterpieces, the financing of 18.5M is not enough, because compared with traditional games, 3A chain games have more operating costs for FT and NFT. I think this part of financing is no problem to get Terminus city, but for Endless Loop should not be enough. Whether the next round of public financing will still be led by Binance is the key point. The increase in the proportion of other Chinese-based capital is not necessarily a good thing (even if the game is not good for Binance-based projects, there will be better results. rich effect).
The author's opinion 2: Fun can't save chain games. I agree with it. Economic design and team operation are still the most important parts. Although it is fun to make it in the end, it has no economic benefits for currency players. 3A chain games are closer to chain reform products, because it is not realistic to upload a large amount of data to the chain, and the project party's economic design for the chain part is the key observation object. Moreover, the biggest difference between 3A chain games and NFT projects is that the latter is from point to surface, while the former is from surface to point, first build a grand world, and then gradually enrich the entertainment experience in detail (release different series of NFT and FT The gameplay brought by it is relatively closely related to Terminus city). This year, we mainly focus on the release of the Whitepaper, the subsequent NFT sale, and some gameplay brought by the Terminus cityB test (also the so-called METAFI economic system) (the guess here may be the 3-coin system , governance tokens, utility tokens, and soul point tokens; Points tokens are the first to have utility. There is a long vacuum period before the main game is released. If the points and rights are deeply bound, it may lead to an increase in the price of NFT (multiple NFTs have additional output BUFF), focus on point utility).
Author's opinion 3: Endless Loop is almost unlikely to see an Alpha test this year. The development time of large-scale 3A is too long and the development difficulty is high. The 3A sandbox has several long-standing problems (cheating for gold, BUG in the virtual world environment, network stability of multiplayer online, hardware configuration requirements), especially chain games are more sensitive to the first two.
Recommendation: If the game experience is smooth and the delivery ability is strong. In the case of sufficient funds , you can buy some electric sheep to pledge. Before the Alpha test of the main body of the 3A game, there will be a period of vacuum. There is a high probability that the interaction between the point system and the new NFT series of AirDrop will be the main body of the operation. It's time to sell, don't wait for the 3A masterpiece to be the main body.
Due to China's large-scale release of water this year, expectations for projects with a high proportion of Chinese capital can be appropriately raised.
Portal:
Ultiverse official aggregation homepage: https://link3.to/ultiversedao
Ultiverse official website: https://www.ultiverse.io/
Electric sheep official website: https://es.ultiverse.io/home
moonlight official website: https://moonlight.ultiverse.io/
Terminus Alpha Test Instructions. The current trial time has passed, and interested friends can inquire about the next test time in DC.
