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What is UFO Gaming (UFO)?
UFO Gaming basic info
What is UFO Gaming?
UFO Gaming is a gaming platform that offers play-to-earn features, Non-Fungible Tokens (NFTs), and staking functionality. The platform's first game, Super Galactic, is an RPG/arcade action game that combines an NFT collection with an auto battler. UFO Gaming is built on Ethereum, but its games are integrated with Immutable X, a layer-two scaling solution for NFT projects on Ethereum. Players can participate in UFO Gaming by creating playable characters in the form of NFTs called UFOeps, using the native UFO token to earn in-game utility points known as Plasma Points.
How does UFO Gaming Work?
UFO Gaming offers a unique gaming experience that combines NFT minting and GameFi quests. Players can farm Plasma Points with the native UFO token to mint playable characters called UFOeps, which can be used to battle against a hostile alien race in a scavenged world. Completing daily quests can improve a soldier's ranking, and new soldiers can be bred by fusing two old ones. The platform also features a detailed rating system with several classes distinguishing between higher-ranked and lower-ranked soldiers. UFOeps can be leveled up and sold on the UFO Gaming marketplace. In the Cosmos Event, players can mint Origin UFOeps, which are the rarest NFTs in the ecosystem. Plasma Points are required to access the game and can be attained by staking UFO in a single-staking UFO vault or a UFO-ETH liquidity pool.
How is the UFO Gaming Network Secured?
UFO Gaming is based on Immutable X, a layer-two scaling solution for NFTs on Ethereum. With Zk-rollups, Immutable X can achieve a transaction speed of 9,000 tps without any gas fees, all while maintaining top-notch security. This makes it the ideal blockchain for NFT-based games. Additionally, UFO is an ERC-20 token on Ethereum.
UFO supply and tokenomics
Uniqueness
Despite its superficial similarities with other play-to-earn games, UFO Gaming tries to set itself apart by an intricate in-game economy that combines NFT minting and GameFi quests.
In the so-called Cosmos Event, players get to mint Origin UFOeps, which are the rarest and most valuable NFTs in the ecosystem. Over time, the probability to mint an Origin UFOep decreases. Origin UFOeps can only be bought with Plasma Points, equivalent to experience points, and generated through the Super Galactic staking dApp. Plasma points are also required to access the game. Players can attain Plasma Points by staking their UFO in a single-staking UFO vault or a UFO-ETH liquidity pool. The $UFO single-stake pool holds 25% of the pool, while the UFO-ETH LP pool holds 75% of the total pool.
UFOeps are central to playing Super Galactic, the RPG/arcade action/ARG game, where you can battle and breed digital super soldiers. Each UFOeps has a uniquely generated power force known as Spirit Force. If a player did not manage to mint an UFOeps, they can buy one with UAP, the game’s third token used for merging NFTs. UAP can also be earned for completing missions and daily quests, with a rating system rewarding players for their daily interactions.
Lastly, UFOeps follow a detailed rating system with several classes distinguishing between higher-ranked and lower-ranked soldiers. New soldiers can be bred by fusing two old ones and completing daily quests can improve a soldier’s ranking.
Token utility
The project created a Dark Metaverse, an ecosystem that consists of Play-to-Earn games, in-game NFTs, virtual land, and a Metaverse Launchpad.
UFO Gaming also owns an eSports team, sponsors eSports streamers, and collaborated with multiple eSports tournaments.
The ERC-20 token $UFO is the native token of Dark Metaverse. Holders can stake their $UFO to gain access to certain games or mint NFTs.
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What is the development prospect and future value of UFO?
The market value of UFO currently stands at $17.38M, and its market ranking is #996. The value of UFO is not widely recognized by the market. When the bull market comes, the market value of UFO may have great growth potential.
As a new type of currency with innovative technology and unique use cases, UFO has broad market potential and significant room for development. The distinctiveness and appeal of UFO may attract the interest of specific groups, thereby driving up its market value.