UFO Gaming is a decentralized gaming platform that aims to blur the lines between traditional gaming and the blockchain gaming industry. The UFO Gaming ecosystem, known as “Dark Metaverse”, is home to the "Super Galactic" play-to-earn (P2E) NFT game. Super Galactic is an interactive social game that features digital land ownership, non-fungible token (NFT) collectibles, staking, and more. This is possible thanks to the native UFO token, which is the utility token used throughout the Dark Metaverse as part of a three-token system. Players can earn rewards by participating in battles and competitions. Plus, players can breed collectible soldiers to enhance their gaming experience and increase their earnings. Additionally, the platform offers a crypto gaming launchpad service, including initial DEX offerings (IDOs) and game launch events.
In this article, we’re going to dive deep into the UFO Gaming ecosystem. Also, we’ll explore Dark Metaverse, Super Galactic, UFO Gaming's "Virtual Land" NFTs, and the three-token system used throughout the platform. Plus, we’ll discuss staking, UFOep NFTs, the UFO Gaming rating system, and more!
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What is UFO Gaming?
UFO Gaming is a decentralized gaming platform that aims to bridge traditional gaming with the rapidly-growing world of blockchain gaming. The ERC-20 UFO token is the native utility token of the UFO Gaming ecosystem and is essential for making the most out of the platform.
Also, the play-to-earn (P2E) model for Super Galactic enables players to compete to earn prizes and unlock special features within the game when they stake the UFO token. Furthermore, “Dark Metaverse” is an “ever-expanding” ecosystem of P2E games featuring breedable non-fungible tokens (NFTs) and virtual land ownership.
The gaming platform features a decentralized autonomous organization (DAO) governance model, a complex NFT tokenomic structure, staking, land ownership, and a crypto launchpad service to create a captivating metaverse gaming ecosystem.
The UFO Gaming team consists of gaming enthusiasts, talented designers, developers, and blockchain experts. Their mission is to create rich, diverse gaming ecosystems in dimensions “far from our own” that empower players, giving them an equitable opportunity to generate revenue from their game time.
Play-to-Earn Gaming
Play-to-earn (P2E) gaming refers to blockchain-based gaming platforms that use innovative economic incentives to help players monetize their playing time. The P2E gaming model lowers entry barriers to enable anyone to earn for playing games.
Many of these games contain NFT collectibles, quests, missions, and tradable in-game items. However, there is an increasingly diverse range of P2E games available as crypto gaming continues to gain adoption. Furthermore, layer-2 solutions play a critical role in the success of P2E gaming platforms by removing expensive gas fees that can be a barrier to adoption.
Many P2E games utilize in-game currencies, which can be used to trade NFTs via in-game NFT marketplaces. Plus, players can often sell NFTs outside of games on NFT marketplaces such as Rarible and OpenSea.
Additionally, several popular P2E games feature land ownership, yield farming, and other elements of decentralized finance (DeFi). As such, P2E games offer a compelling opportunity for gaming fans to hone their skills and earn crypto assets in the process.
The UFO Gaming Token System
The primary economic mechanism in the UFO Gaming ecosystem is breeding and selling non-fungible tokens (NFTs) along with land, in-game accessories, and native tokens. Also, the UFO Gaming platform uses a three-token system to create an “internal economic loop that ensures an infinite financial flow”.
The UFO Token
The first out of UFO's three tokens is the UFO utility token. This UFO token is the lynchpin of the UFO Gaming ecosystem and is essential for earning "plasma points" and UAP. Also, the UFO token is essential for trading characters, weapons, and other in-game assets in the UFO Gaming NFT marketplace. Plus, the UFO token is needed for breeding UFOeps and participating in initial DEX offerings (IDOs). At the time of writing, the UFO token is trading around $0.000038, and its market cap is $982.8 million, according to CoinGecko.
The UAP Token
The second token in the three-token system is UAP. UAP is obtained by completing missions and daily quests throughout the Super Galactic P2E game. Also, players that have UAP can use it to “fuse” or breed soldiers and enhance their clan. Plus, UAP is freely exchangeable on the open market like the UFO token.
Plasma Points
Plasma points are essential for minting rare "Origin UFOeps" NFTs. To generate plasma points, players must stake UFO tokens or UFO-ETH LP tokens in a Super Galactic staking pool. Also, the number of plasma points players can receive is proportional to their share of the total stake in the pool, the lock-up duration, and their chosen pool.
UFO Gaming's Ecosystem (Dark Metaverse)
Dark Metaverse is a continuously-developing ecosystem of play-to-earn (P2E) games, Virtual Land, and non-fungible tokens (NFTs). To navigate the Dark Metaverse, players must hold UFO tokens. Below, we dive deeper into the Dark Metaverse and explore some of the various ways to earn token rewards.
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Super Galactic
Super Galactic is a decentralized inter-galactic social gaming platform and the play-to-earn (P2E) flagship game of the UFO Gaming ecosystem. It combines elements of a role-playing game (RPG), an alternate reality game (ARG), and an arcade action game to create an immersive crypto gaming experience. Players can breed “digital super soldiers” and take them into battle.
Super Galactic operates on Ethereum; however, it also operates on the Polygon layer-2 solution. Accordingly, the game benefits from ultra-fast transaction times with minimal gas fees. Plus, users retain full custody of all in-game assets and tokens at all times.
The game is set in the Dark Metaverse, a “scavenged world” inhabited by an alien race intent on causing chaos and destruction. Playing the game requires an UFOep NFT character. Also, the early “cosmos” event saw an initial distribution of Origin UFOep NFTs. After this event, Origin UFOep NFT emissions will continuously decline.
Furthermore, the only way to mint UFOeps is by using plasma points, which can only be gained by completing in-game tasks and missions and earning UAP tokens. However, UFOeps will eventually be available on the open market. Moreover, players can use UAPs to help their clan progress and breed, which increases a player’s chances of earning via missions.
Rating System
The aim of this rating system is to ensure organic growth and maintain a sustainable economic policy. Daily gameplay increases the rating of in-game character NFTs. The higher a player’s rating, the more quests, and missions they gain access to. Also, higher ratings enable players to earn more UAP rewards. Accordingly, the longer you play, the more you can earn. Additionally, playable NFTs become increasingly valuable as they gain a higher rating. Plus, earning more UAP rewards enables players to breed and expand their clans.
Staking
Players can stake their UFO tokens or UFO-ETH LP tokens to earn plasma points, which can later be used to mint rare UFOeps NFTs. There are two staking pools, the UFO pool and the UFO-ETH LP pool. The single-staking UFO pool gives players access to 25% of the plasma point pool. However, the UFO-ETH LP pool gives players access to 75% of the plasma points pool. Furthermore, players can choose between flexible or locked compounding rewards, with locked rewards generating twice as many plasma points.
UFOep NFTs
By farming plasma points, players can earn origin non-fungible tokens (NFTs) known as “UFOeps”. UFOeps NFTs are limited in number and serve to incentivize early adopters of the platform by granting unique characteristics and higher ratings. Accordingly, UFOeps perform exceptionally well in battle. Plus, Origin UFOep NFTs minted during the “cosmos” IDO hold the highest stats and cannot breed, giving them further scarcity.
Virtual Land
Virtual Land plays a crucial role in the UFO gaming ecosystem. It comes in the form of ERC-721 non-fungible tokens (NFTs), which have a limited supply. Also, some Virtual Land can be minted, while other types can be bought at auction using UFO tokens. The more Virtual Land players own, the more governance rights they receive. Accordingly, the more Virtual Land players own, the more influence they have on voting decisions to make changes to the direction of the Dark Metaverse. Furthermore, the players who own the most land on each planet are called “Eternals” and gain special advantages throughout the ecosystem.
Additionally, landowners gain access to the exclusive mothership initial DEX offering (IDO), where they can stake UFO tokens for tiered access to upcoming gaming project launches on multiple blockchains. Plus, landowners can earn passive income when other players create games on their land.
The mothership IDOs will introduce a constant stream of new games and partnerships to the Dark Metaverse. As such, each time a new planet is discovered, a new game will likely follow. Also, each game will be specific to a planet and will contribute to that planet’s sub-economy. Plus, as more land is discovered on new planets, the burn rate for UFO tokens will increase as the token sees further utility.
Each plot of Virtual Land is customizable and comes with a rarity score. Moreover, the rarest Virtual Land plots entitle players to the largest share of the “planetary fund” revenue and additional governance voting rights and IDO allocations.
Game Integration
UFO Gaming promotes and encourages collaboration. Developers can use the UFO Gaming infrastructure and the UFO token as a base layer and rewards system for new games. Also, users of these games can earn tradeable rewards for completing tasks like in Super Galactic.
Furthermore, partners benefit from assistance with tokenomics, Virtual Land, and NFT sales to provide a flexible solution for blockchain game developers. Plus, UFO Gaming facilitates exclusive player-vs-player (PVP) tournaments and competitions.
What is UFO Gaming and the UFO Token? - Summary
UFO Gaming aims to bridge the gap between the traditional gaming world and the blockchain gaming ecosystem. The play-to-earn (P2E) Super Galactic game combines innovative economic incentives with game-theoretic dynamics, Virtual Land ownership, rare collectible non-fungible tokens (NFTs), and decentralized finance (DeFi). Furthermore, players benefit from near-instant transaction speeds and super-low transaction fees.
Moreover, UFO Gaming encourages collaboration and provides various services for seamless integration with other games. In the future, UFO Gaming also intends to collaborate with major traditional gaming companies to help increase the adoption of blockchain gaming and allow it to achieve mainstream success.
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