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UFO Gaming (UFO) -Breaking

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UFO Gaming (Coin Healthcheck: Coin Healthcheck)

About
UFO Gaming (UFO Gaming) is a distributed play-to-earn platform that aims to connect traditional PC and mobile gaming with blockchain technology, and promote blockchain gaming.

The UFO Gaming Project was launched in July 2021. It aims to develop and manage its own gaming games, as well as work with established gaming companies. UFO Gaming will integrate existing games into UFO Gaming and create the Dark Metaverse. This is an ecosystem of distributed planets running their own pay-to-earn games.

The current status of the project
UFO Gaming is community-governed. The project aspires at being a decentralized autonomous organisation (DAO).

This project was built upon the network, and integrates with Polygon Layer 2, the scalable Layer 2 solution.

Super Galactic was the first P2E video game by UFO gaming. It allows players to build in-game assets, buy NFTs as virtual lands, stake them, and earn passive rewards.

UFO is UFO’s primary utility token. It represents the Dark Metaverse which, as a play-to-earn gaming ecosystem, UFO Gaming. The token will provide governance rights in the project’s future.

Hacken, a Ukrainian cybersecurity company, has audited the platform. There were no notable problems.

In November 2021, the project saw its market capitalization of $1 billion.

In the last three months, UFO holders have increased by almost three times. However, it stabilized at 60K in December 2021.

Site and whitepaper
New website and whitepaper published September 2021. This whitepaper introduces the project as the utility and feature features remain on hold.

The Development Stage
UFO Gaming entered the Expansion Phase during Q1 2022. This is the third of four phases in the UFO gaming project’s development. The expansion phase is scheduled for the first quarter 2022 and will include a staking app as well as a NFT marketplace, Game IntegrationSCs, Virtual Land, and a beta launch.

UFO Gaming has announced that it will be partnering with Horizon Union, the esports company of record in December 2021.

UFO Gaming was the first blockchain gaming platform that hosts eSports tournaments. In 2022, the project purchased Top Dogs eSports Team.

Roadmap:
The Expansion Phase will be completed in the first quarter 2022.

The 2022 Blackhole Phase will be the last. The Dark Metaverse launch is included. Game studio partnerships are made, as well as new launches. Tier1 exchanges will be added.

Partnerships:
Horizon Union eSports Entertainment Platform is a strategic partner.

Chainlink Hackathon Fall 2021 Official Platinum Sponsor

Kadena announces strategic partnership in October 2021.

Partnership with Korea’s crypto growth accelerator ICO Pantera.

Fundraising:
No presale. Private investors and others were not given tokens.

UFO tokens can only be purchased on the open markets.

Team:
According to LinkedIn, the UFO Gaming team has up to 50 people.

Narek Avayan is an entrepreneur and salesman who co-founded the company. He also serves as a consultant and strategist with experience in product and strategy management.

The anonymous CEO called UFoger shares no information about his/her UFO identity. He/she claims to have had experience trading crypto coins since 2010. According to him, he/she participated in multiple cycles and is involved in memes.

Community:
Twitter (NYSE.) (1131.3K), Telegram (30K), Discord (22.8K), YouTube (6.8K), and Telegram (30.3K).

Token marketing relies on the connections of influential people and well-known individuals. UFO tokens do not pay compensation.

UFO Gaming has been offering bi-weekly updates to its community since January 2022. These are available on Medium.

The Key Metrics
Token standard: ERC-20

Maximum supply 25757.58 trillion UFO

Supply Circulating: 25757.58 Billion UFO

Market Cap: 211 million as of this writing

List of exchanges
Listed on 14 cryptocurrency platforms, including KuCoin (see full list).

You can trade with USDT and WETH in these pairs.

Wallets:
Compatible with Metamask and Trust Wallet

Allocation of assets:
Half of all UFO token supplies are melted. The remaining part of the UFO token supply is burned.

Close to 4.5% is held in the biggest private UFO wallet.

Price changes
Highest ever (ATH), $0.00005569, November 25, 2021

All-time low (ATL), $0.000000350110 (Jul 20, 2020)

Verdict:

  • UFO Gaming is still in its early stages of development. UFO Gaming is considered the next big thing in gaming due to its rapid growth and achievements.
  • Team members are highly skilled in both marketing and strategic planning. We don’t know much about the UFO Gaming developers.
  • UFO has surpassed the $1 billion market cap back in 2021; however, at the time of writing, the project’s value has dropped to around $210 million. UFO Gaming still has plenty of value, given its finite supply and the planned launches for 2022. For example, reaching Axie Infinity’s market capitalization of $3.6 billion means UFO has the potential upside of about 16x.

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