New Play-to-Earn Altcoin on Ethereum Soars 15,000% in Just Four Months, Shatters $1,000,000,000 Market Cap

A brand-new alien-themed video gaming token is leaving earth’s environment as the general metaverse pattern continues to sizzle.

Decentralized social video gaming platform UFO Video gaming (UFO) is constructed on the Ethereum network and includes a “Dark Metaverse” where users can develop their own clans, own and trade virtual land and make crypto or non-fungible tokens (NFTs).

Information from CoinGecko highlights UFO’s meteoric increase because very first introducing in July, leaping 15,379% from its preliminary rate of $0.000000350110 to today’s worth of $0.00005418.

The altcoin has actually risen 150% in the previous week alone.

The group behind UFO states the environment plans to be neighborhood focused and include a wide range of distinct worlds.

“When a brand-new world is found, a brand-new video game is not far behind. Each video game will be committed to one world in its own sub-economy of the whole Dark Metaverse.”

UFO task top priorities consist of,

“A platform for decentralized video gaming, pick your preferred category to make from. Property ownership [that] is totally identified by the users. Video gaming possessions (NFTs, currency) that might be moved from one platform to another. Play-to-earn [P2E] video gaming economy that is transparent and sustainable.”

Token holders can make “plasma points” from staking while the biggest holders have actually DAO (decentralized self-governing company) ballot rights to figure out the future of the UFO metaverse.

Sometimes of composing, UFO is ranked 107th in market cap, with an overall worth above $1.4 billion.

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