New game to earn Altcoin on Ethereum goes up 15,000% in just four months, surpasses the market value of $1,000,000,000
A new alien-themed game block is leaving Earth’s atmosphere while the general trend of the metaverse continues to burn.
The decentralized social gaming platform UFO Gaming (UFO) is based on the Ethereum network and features a “Dark Metaverse” where users can create their own clans, own and trade virtual land, and earn cryptographic or non-fungible (NFT) tokens.
CoinGecko’s data highlights the UFO’s meteoric rise since its first launch in July, jumping 15.379% from its starting price of $0.000000350110 to its current value of $0.00005418.
Altcoin has risen 150% in the last week alone.
The team behind UFO says the ecosystem is intended to be community focused and features a wide variety of unique planets.
“When a new planet is discovered, a new game is not far behind. Each game will be dedicated to a planet in its own subeconomy of the entire Dark Metaverse. “
UFO project priorities include,
“A decentralized gaming platform, choose your favorite genre to earn money. Ownership of assets [which] is entirely determined by the users. Game assets (NFT, currency) that can be transferred from one platform to another. Gambling economy [P2E] that is transparent and sustainable. “
Token holders can earn “plasma points” by playing, while larger holders have DAO (Decentralized Autonomous Organization) voting rights to determine the future of the UFO metaverse.