UFO Gaming Investor
Investing In UFO Gaming (UFO) – Everything You Need to Know
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Blockchain gaming has started becoming a thing ever since CryptoKitties emerged on Ethereum some five years ago now. Since then, various other projects have been trying to develop their own games, and with the arrival of the metaverse, such efforts have been increased several times.
Right now, there are dozens of games in development, and not just small side projects, but as massive, complex gaming titles that are incredibly complex, involving NFTs, the metaverse, DeFi, and other blockchain products. UFO Gaming (UFO) is an excellent example of this, and a project that stands out from its competitors precisely for this reason — as it combines so much into its offering.
What Problems Does UFO Gaming (UFO) Solve?
As the name suggests, UFO Gaming is a gaming project, and as such, it is understandable if users do not expect it to be able to solve a lot of problems. After all, it is developing a very complex game, but it’s just a game, right? Actually, no. The project is solving a number of issues simply by finding more efficient ways to do things in this sector. For example, it is:
Combining P2E, NFT, and DeFi
Over the last two years, the blockchain world has had several major trends, and while they all came one after another, seemingly completely independent from one another, the fact is that they are all compatible and can be combined and set up to work together perfectly. UFO Gaming combined DeFi and NFT sectors with the metaverse, offering a game with a play-to-earn (P2E) model that fits in perfectly with the other two trends.
Thanks to NFTs, users become true owners of their in-game assets; thanks to P2E, they can earn while playing the game; and thanks to DeFi, they can engage in activities like staking and further boost their profits.
Solving the scaling problem
UFO Gaming was built on Ethereum’s network, which may not be encouraging for a lot of players. After all, Ethereum’s network became busier than ever over the last few years, and at the same time, it also became extremely inefficient. However, UFO Gaming’s games are, and will be integrated with Immutable X, which is a layer-two scaling solution for NFT projects on the ETH network. As a result, the project is capable of performing faster, with lower gas fees, and it is perfectly capable of running on Ethereum.
How NFT minting works
UFO Gaming has a unique approach to several things, including the minting of its NFTs. In the so-called Cosmos Event, players get to mint Origin UFOeps, which are some of the rarest and most valuable non-fungible tokens in the ecosystem. As time goes by, the possibility of minting such a rare NFT will drop. Players who fail to mint an UFOeps of their own can choose to buy one with UAP, the game’s own token for merging NFTs.
Benefits of UFO Gaming (UFO)
Apart from solving problems in the blockchain gaming sector, the project also brings certain benefits for the users. For example, it can offer:
A fun gaming experience
Everything else aside, UFO Gaming is still a gaming platform that aims to offer its users top quality, fun user experience, and make blockchain gaming worth their time. Its game revolves around the mentioned UFOeps NFTs, where players are expected to fight against a hostile alien race in a scavenged world, trying to defend world peace and tranquility. With a massive conflict threatening the peace, players will definitely never get bored, and the potential for making a profit will further ensure their interest and involvement.
The potential to earn
Speaking of the potential to earn, it is worth noting how it can be done. According to the project’s own files, players can earn rewards for completing various daily quests. Furthermore, those who managed to mint the UFOeps NFTs can level up them up, and then sell them on the UFO Gaming marketplace at a higher price.
Plans for future expansion
Finally, this is not a project that created its game and is ready to call it a day. In fact, it has quite serious and detailed plans to grow. After completing its launch phase in Q3 2021, UFO Gaming started its growth phase, which will see it get listed on various exchanges. Furthermore, the project’s internal expansion phase will lead it to the launch of the mentioned native marketplace, the possibility to breed NFTs, as well as the creation and introduction of virtual land. And, on top of all that, the project has so far only launched a single game called Super Galactic, which is just the first of many to come.
How Does UFO Gaming (UFO) Work?
UFO Gaming is a decentralized gaming platform that combines the metaverse with DeFi and NFTs to create games such as Super Galactic.This is an RPG/arcade action game that features native NFT collections and an auto-battler feature.
Despite being built on Ethereum, the project is actually quite scalable and fast thanks to its integration with Immutable X. Meanwhile, it also allows users to stake their tokens, if they so desire, and earn additional profits and experience an enhanced gaming experience.
Players can mint playable characters and level them up, sell them before or after leveling, or simply use them for gaming, themselves. The minting process is quite well thought out and unique, and the project also has quite an extensive plan for the future, with many ways of expansion in the works.
How to Buy UFO Gaming (UFO)
UFO Gaming (UFO) is available on the following exchanges:
KuCoin – This exchange currently offers cryptocurrency trading of over 300 other popular tokens. It is often the first to offer buying opportunities for new tokens. This exchange currently accepts International & United States residents.
Gate.io – This exchange was established in 2013, and is one of the more popular & reputable exchanges. Gate.io currently accepts most international jurisdictions including Australia & the UK. Canada & USA Residents are prohibited.
UFO Gaming (UFO) — A unique blockchain gaming project
UFO Gaming is still among the early blockchain gaming protocols, and as such, it has an early adopter advantage as both, a blockchain gaming project and a crypto project. It tries to set itself apart by an intricate in-game economy that combines minting NFTs and performing various GameFi quests, and the end result is the creation of a very interesting and unique project that is bound to attract users from all over the world.
Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.
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