Blockchain-based gaming ecosystem
Ultra is developing the first entertainment platform that offers a variety of games industry services under a single platform, that users can access easily through a single login and do various activities. On the platform, users can discover, buy & play games, watch live-streaming feeds, interact with their favorite influencers, participate in various kinds of contests, compete in tournaments, and so on.
The company said that blockchain will be the underlying technology for the platform, that supports the in-game purchases, digital assets, and other kinds of digital assets for gamers. Users can control their assets as if they were physical items. For example, they can sell, trade, and give away their in-game assets to their friends within Ultra, or outside of Ultra, through 3rd party marketplaces and mobile apps.