In today’s innovative era, there exist several thousands of cryptocurrencies in this world. You can trade and invest in them after staying crypto-updated every day. Staying updated is necessary because you do not want to lose a NextGen cryptocurrency, such as UOS. UOS boomed last year, and one reason for that was obviously the NFT boom. Of course, NFTs are becoming the next big thing after cryptocurrencies. UOS gained momentum with the increase in acceptance of NFTs. How could the NFT boom make Ultra(UOS) reach another peak? Now, in this article, we will see that.
Could The NFT Boom Make Ultra(UOS) Reach Another Peak?
From the last twenty to thirty years, the gaming industry has grown to entertain as well as flourish all across the globe. Because gamers and the internet are increasing, cryptocurrencies are taking some form of gaming utilization. Blockchain generally brings decentralization. It is already gaining traction as a revolutionary unique method to function and construct an environment. Ultra is a blockchain initiative focused on gaming. In other words, it is a decentralized network of gaming distribution that allows individuals to generate numerous income streams, along with the option to resale videogames as well as in-game stuff. Collectables are generally in-game sales.
The crypto project’s creators have produced a modified form of the EOSIO network that allows users to make accounts at no cost. They can have a greater throughput because of more allocation of resources. According to statistics from the market watchers, the value of the UOS coin has risen by 225% during the beginning of the last year, from $0.132 to $0.42. There were obviously some downfalls in the crypto market. The crackdown from China brought turbulence in 2021. Although the impact was on all cryptocurrencies, the main victims were Bitcoin and Ethereum. UOS still has the chance to grow.
NFTs are indeed one of the hottest developments in the crypto domain, and UOS has profited from them. Ultra’s creators have been concentrating on the infrastructure that underpins NFTs, which can allow for the resale of distinctive in-game products across numerous platforms and ultimately on decentralized exchanges. Compatibility across public blockchains is another big subject in today’s time. So, the team is working on a fresh mainnet that would allow the UOS token to run on the second-largest cryptocurrency, Ethereum. Ethereum is already an originator of DeFis, Dapps and NFTs. Several NFTs are running on this platform. UOS will surely follow the path.
Although this token is compliant with the EOSIO system, the team is further looking at NFT compatibility with several other blockchain systems. The initiative has tried to develop a relationship with Theta, which would allow for live streaming of gaming and NFT transfers. Besides the primary affiliation with videogame behemoth Ubisoft, new associations from worldwide known firms like Atari and AMD have contributed to UOS’s price spike last year. Ginormous collaborations, cross-chain compatibility, and the rise of NFTs have put UOS in the good books to capitalize from the great sentiments in the crypto market.
Should You Invest In UOS?
UOS is a wise choice for you this year because the gaming industry dealing with NFTs is growing on a large scale. Individuals can monetize their content in the blockchain system. That will allow more and more people to come and become a part of the UOS community. Upon the technical level, UOS is built on its proprietary EOSIO blockchain, allowing many individuals to easily register before making a purchase, enjoy, or resell games. The breakthrough technological promise of Ultra could enable the initiative to attract notable collaborators besides Ubisoft and AMD. Other partnerships could grow in the next coming years.
According to the latest UOS coin price prediction, UOS could go as high as $2 in 2022. You should start investing in the token before it gets too late. A multi-functional cryptocurrency like UOS has both off and on-chain capabilities. The token’s limited available quantity of 1,000,000,000 allows it to be part of a solid investment. The majority of researchers and professionals are overwhelmingly positive for the growth of UOS. A big number of cryptocurrency investors feel that UOS is a sure bet, and it will climb by tenfold or even more after 2022.
Final Thoughts
Yes, the NFT boom could make Ultra(UOS) reach another peak. The rise of innovative crypto initiatives is already being regarded as one of the most significant crypto advancements of the last year. Nevertheless, the majority of applications have thus far been basic mobile games on the blockchain. Ultra is unique because it is extremely helpful when it comes to offering a highly-powered PC gaming environment. It could outnumber other similar projects. If you want to invest in UOS, look for UOS crypto price prediction from a reputable platform. All the well-known crypto exchanges are dealing with UOS. Try them!