Ultra is serves a variety of purposes within the Ultra platform, both at the protocol and at the app level . Alien Worlds is a decentralized, non-fungible token metaverse, where players compete for scarce resources, Trilium , in a stimulated economy centered around planetary worlds. Mobox is the native utility token that is used for processing transactions through the NFT gaming platform and staking for platform bonuses and incentives. In January we burned a total of 27,283,318 HIT tokens…

CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. CoinDesk journalists are not allowed to purchase stock outright in DCG. Cryptocurrencies are essentially just digital money, digital tools of exchange that use cryptography and the aforementioned blockchain technology to facilitate secure and anonymous transactions. There had been several iterations of cryptocurrency over the years, but Bitcoin truly thrust…

Yorio said land value in the metaverse will be determined by what owners do with a property — like designing a popular attraction, museum or feature —rather than location. Non-fungible tokens have been trending since the start of the year, and more companies and artists are getting involved with the latest blockchain innovation. In a new webinar series, Manatt hosts dynamic roundtables with leaders on the emerging Metaverse and Web 3 technology and innovation occurring in today's markets.…

Everything is done publicly through a transparent, immutable, distributed ledger technology called blockchain. The CoinDesk Bitcoin Price Index is the world’s leading reference for the price of bitcoin, used by the largest institutions active in crypto assets. It is the crypto market standard, benchmarking billions of dollars in registered financial products and pricing hundreds of millions in daily over-the-counter transactions. Built for replicability and reliability, in continuous…