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UFO Gaming (UFO) is the 513rd largest cryptocurrency in the world by market cap, valued at $40,375,803. The current price of UFO Gaming is $0.00000157, which is 0.579% higher than yesterday. Prices have ranged between $0.0000016 and $0.00000154 over the past 24 hours. All prices are listed in US dollars and accurate as of March 24, 2023 03:03 UTC.
UFO Gaming is a decentralized gaming platform that is focused on building interactive blockchain-based games and bridging traditional games into the blockchain industry. Focused on both role-playing and action-based games, UFO incorporates play-to-earn (P2E) mechanisms and the ability to mint playable characters that are represented by NFTs.
According to the project’s website, most of UFO’s gaming metaverse revolves around UFOpers - NFT characters that allow players to fight alien factions in a dystopian world to restore peace. Within the gaming metaverse, players are presented with daily quests and activities that reward NFT token holders. To accompany UFO Gaming’s NFT,s the platform has also developed an NFT marketplace where players can swap, buy and sell NFT characters - potentially for a profit if the character has been “levelled up” by a player. To facilitate frictionless gameplay, UFO Gaming is integrated with Immutable X, a layer-2 scaling solution based on Ethereum that specializes in NFT and gaming applications.
The native cryptocurrency of UFO Gaming is also known as UFO. While being used as the prominent medium of exchange within the UFO Gaming ecosystem, the token is also required by those that wish to mint new UFOper characters. All UFOpers can be minted by farming Plasma Points, which is UFO Gaming’s in-game utility token. However, one of the main methods for gaining Plasma Points is by farming UFO tokens. UFO can be staked in a native single-side pool or within an ETH/UFO pool to earn Plasma Points. Plasma Points can then be used to buy NFT characters.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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