Ultra - Gaming Blockchained
There were a lot of Sci-Fi books released in the early 1940s where it depicted people of the coming millennium driving flying cars and machines that could perform impressive feats of calculation and even display them to us. This was basically how our realities have turned out to be. As soon as the first computer was conceptualized, we knew that we had achieved something special where the limitations of the system where only limited to our imagination.
PC as a concept grew only in the 1990s due to the rapid advances in transistor technology and decreasing cost of production of components of the computer. But as soon as the computer as a device was available commercially to the public, rather than being just limited to the military, people soon started trying to get theirs hands on one and test the future out, even if it costed equal to a large house.
The few things that came into the minds of the owners was a to use it for calculations and the next thing was a way to be entertained by it. One way was by using the display to play videos and the other was by games. The very first video game, Spacewars! Was soon developed and there was no looking back. Since then the video game catalog has just kept growing at a breakneck pace as it provided something really unique and awesome that a normal board game could never provide. Video games had moving pictures, had a story and most importantly, it let you play the way you would as if you were virtually present there, compared to just imagining the things while playing board or card games.
Its revenues soon crossed the film industry and soon even crossed the film and music industry put together in record time. This proved to be a great place for one enthusiastic towards computers and coding to be immensely successful and be able to reap money in spades. Many game development companies were created, many games were released and many went to become great hits and some flopped badly. But they garnered quite the attention and soon gaming went to become from an activity for fun and relaxation to something that is taken seriously by many.
There was the introduction of gaming as a profession, many leaving their professional jobs to become professional gamers. ESports became a huge deal with huge cash prizes and money involved. There are multi-million dollar eSports events held every year. All through this, the gaming industry as a whole is really centralized, with the power of say and pricing lying in the hands of the platforms that tend to deliver the finished game to us and not by the ones who created or developed the game nor the gaming community. This meant that most of the revenue generated was taken by the game publishing houses.
Ultra-Platform
They plan on solving the above mentioned problems by creating a game publishing platform and an ecosystem based on the Blockchain Technology. This meant that the players get paid for playing and checking out Beta versions, get access to exclusive AAA Titles for the Ultra Platform and also provide a space to resell the games that you have in the platform itself. This also means that it is more transparent and has got no middlemen involved, so the prices are significantly less.
The Blockchain implementation helps the game developers and creators the most as it means that they get control over the pricing and have no fees leveraged for using the Platform, which they usually had to pay a significant amount. It also provided a huge suite of tools and the ability of generating revenue from different streams. This meant that game development studios have more incentive to develop better games.
ICO & Team
They plan on powering their platform using the Ultra (UTR) Token and they still have not yet released the dates for their ICO. It requires for you to be Registered, Whitelisted and KYC Verified in order to participate in the ICO.
The Founders and rest of the team has adequate experience in Game Development, Blockchain, HR, Community Management and Design respectively. The advisory board consists of renowned and experienced Game Developers, Investors, and Entrepreneurs who also bring along their expertise in fields of Game Industry, Business Development, Blockchain, Investments and Finance.
Conclusion
There is a lot of competitions in this field, this having more revenue involved than both Film and Music industry combined. The stakes are sky high, but they've got a solid team and an even solid backing of their advisory board.
They have already made partnerships with quite a few large Game Studios and companies and have a strong token economics that suit this business model.
It just remains to be seen if they can perform better than the top players and gain a significant user base and traction to overthrow the monopoly held over the industry for so long.
Website - https://ultra.io/
Whitepaper - https://ultra.io/wp-content/uploads/2018/06/Ultra-Whitepaper-1.03.pdf
Telegram - https://t.me/ultra_io
ANN - https://bitcointalk.org/index.php?topic=4470057
Published by - Etheran
Profile - https://bitcointalk.org/index.php?action=profile;u=1108165