Ultiverse
Ultiverse is a Singapore-based AI-powered Web3 gaming platform that integrates GameFi, NFTs, DeFi, staking, and marketplace services across multiple blockchains, serving over 7 million registered crypto-native gamers and Web3 users.
- Company typePrivate
- Founded2022
- HeadquartersMidview City, Singapore
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Ultiverse does
Ultiverse is a Singapore-based Web3 gaming platform that integrates GameFi, NFTs, DeFi, marketplace functionality, and liquid staking into a single ecosystem targeted at crypto-native gamers and Web3 users. The platform is built across multiple blockchain networks — BNB Chain, ZetaChain, Taiko, and Linea — and uses Unreal Engine 5 for its flagship gaming experience, Terminus City, a cyberpunk-themed AI-powered game. Core products include Ulti-Pilot (an AI-powered immersive gaming portal), Mission Runner (mission-based gameplay with rewards), the Moonlight DApp, and multiple NFT collections (Electric Sheep, Moonlight, Gold/Silver Chip). The ULTI native token, which adopted the Omnichain Fungible Token (OFT) standard, powers staking, governance, voting, and cross-chain functionality.
The business model is grounded in token economics rather than traditional subscription or SaaS pricing. Revenue mechanics span token sale and staking activity (ULTI and BAC), NFT minting and marketplace transaction fees, and in-game/DApp economic flows. User acquisition is community-led and product-led, leveraging Discord and Twitter, regular AMAs and town halls, NFT airdrop campaigns (including an exclusive 15M ULTI airdrop with Binance Web3 Wallet), and integration partnerships with platforms such as Binance, ZetaChain, Celer Network, Biswap, and Parallel. The company claims over 7 million registered users. Ultiverse is venture-backed (total raised over $20 million across rounds including IDG Capital, Sequoia Capital, Binance Labs, Defiance, Three Arrows Capital, Animoca Brands, and Polygon Ventures) and achieved a $150 million valuation following its February 2024 private token sale. Co-founders are Frank Ma (CEO), Jimmy Liu, and Joe Chou, with a 11-50 employee base.
Ultiverse firmographics
Firmographics- Name
- Ultiverse
- Legal name
- Ultiverse, Inc.
- Website
- https://ultiverse.io
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Ultiverse is a Singapore-based AI-powered Web3 gaming platform that integrates GameFi, NFTs, DeFi, staking, and marketplace services across multiple blockchains, serving over 7 million registered crypto-native gamers and Web3 users.
- Ownership category
- akta.pro rank
Ultiverse industry classification
Industry- Product category
- Web3 Gaming Platform
- NAICS
- Amusement Arcades (713120), Amusement Parks and Arcades (7131), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Custom Computer Programming Services (541511)
- SIC
- Services-Miscellaneous Amusement & Recreation (7990), Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Services-Computer Programming Services (7371)
- akta.pro primary industry
- Web3/Blockchain Game Studios (MPAFAAAO)
- akta.pro secondary industries
- On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins) (FSAPAGAB), GameFi Economies & Token Systems (tokens, staking, sinks/sources, inflation control) (FSAPAGAG), Play-to-Earn & Reward Platforms (questing, loyalty, airdrop mechanics) (FSAPAGAH), Interoperability & Asset Bridging for Games (cross-game/cross-chain assets) (FSAPAGAJ), Player Wallets, Identity & Accounts for Games (embedded wallets, SSO, DID) (FSAPAGAF), In-Game Asset Standards & Infrastructure (NFT items, marketplaces, royalties, asset registries) (FSAPAGAE)
Keywords
Where Ultiverse is headquartered
LocationHeadquarters
- HQ city
- Midview City
- HQ country
- Singapore
- HQ region
- Asia
Offices1 record
Markets served
Ultiverse business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Token Economics (ULTI): Native utility token powering the Ultiverse ecosystem with staking mechanisms, governance voting, and access to platform features and rewards.
- NFT Sales and Marketplace: Sale of NFT collections including Electric Sheep, Moonlight, Gold/Silver Chip NFTs, and other digital collectibles. NFT minting and trading fees on marketplace.
- Staking Platform Fees: Platform hosts staking for various tokens (ULTI, BAC) and likely earns fees or rewards from staking operations.
- Gaming Products and DApps: Revenue generation through gaming products, DApp launches, and in-game assets within the platform ecosystem.
Go-to-market motion3 records
Distribution channels1 record
Marketing channels7 records
Ultiverse product offering
Product offeringCore offering
Ultiverse is an AI-powered Web3 gaming platform that combines GameFi, NFTs, DeFi, Marketplace, and Liquid Staking into a unified ecosystem. It offers immersive AI-driven gaming experiences (Terminus City, Ulti-Pilot, Mission Runner) and a native ULTI token with cross-chain OFT standard functionality, supported by NFT collections (Electric Sheep, Moonlight, Gold Chip) and staking mechanisms. The platform serves crypto-native gamers and Web3 users globally, enabling play-to-earn mechanics, NFT ownership, and blockchain-based gaming interactions.
Product overview
Ultiverse is an integrated Web3 platform combining GameFi, NFTs, DeFi, Marketplace, and Liquid Staking into a unified ecosystem. The platform serves as the next-generation entrance connecting Web3 with players worldwide. The core platform integrates multiple components including Terminus City (flagship AI-powered cyberpunk gaming experience built on Zeta-Chain), Ulti-Pilot (AI-powered immersive gaming portal), Mission Runner (mission-based adventure feature), Moonlight DApp, and various NFT collections (Electric Sheep, Moonlight, Gold Chip). The ecosystem is powered by the ULTI token with governance, staking, and cross-chain functionality via OFT Standard. Supporting products include BAC Staking integration and Meta Merge gaming rewards, all accessible through the integrated Web3 platform combining DeFi services and marketplace functionality.
Differentiator
Problem solved
Functional benefit
Products and services
- Ultiverse Platform Integrated Web3 platform combining GameFi, NFTs, DeFi, Marketplace, and Liquid Staking. Serves as the next-generation entrance connecting Web3 with players worldwide, enabling AI-powered gaming experiences for individual users.
- Ulti-Pilot AI-powered immersive portal for gaming experiences, serving as the gateway for users to access and navigate the Ultiverse gaming ecosystem. Launched on Taiko blockchain.
- Terminus City Flagship AI-powered gaming experience built on Zeta-Chain blockchain. Cyberpunk-themed game featuring AI-driven gameplay mechanics and NPCs.
- Mission Runner User-facing feature enabling players to unlock adventures and receive rewards through mission-based gameplay within the Ultiverse ecosystem.
- Moonlight DApp
- ULTI Token Native governance and utility token for the Ultiverse ecosystem, adopted OFT Standard for cross-chain functionality and powers ULTI staking, governance, and voting mechanisms.
- ULTI Staking Staking platform enabling users to stake ULTI tokens to support ecosystem development and maintenance, with rewards distributed through the staking mechanism.
- Electric Sheep NFT Collection First cyberpunk-themed NFT collection from Ultiverse, featuring ES NFT staking program (Awakening) for Resident benefits. Serves as a foundational NFT asset for the ecosystem.
- Moonlight NFT Collection MetaGF and MetaBFF NFT collection built on BNB Chain, providing exclusive benefits and character interactions for holders.
- Gold Chip NFT Collection NFT collection serving as gateway to accessing $ULTI token, launched with specific mint events.
- BAC Staking Third-party token staking integration enabling users to stake $BAC on Ultiverse to earn extra Ultiverse Points.
- Meta Merge Gaming experience partnership providing exclusive gaming rewards for Electric Sheep NFT holders. Includes Meta Merge Mana ($MMM) token ecosystem and NFT leasing plan.
- ULTI Point Store Point store enabling ULTI stakers to exchange UP (Ultiverse Points) for $IO tokens with daily airdrop.
Quantifiable outcome
- Platform serves 7 million+ users
- +1 more outcomes
Companies that use Ultiverse
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Ultiverse technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability3 records
Feature6 records
Ultiverse partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered major, minor and core.
- ParallelmajorParallel airdrop event with Ultiverse. Users complete Parallel social tasks and explore Ultiverse Ulti-Pilot on Parallel to earn rewards. Includes up to 1% parallel points airdrop.
- TokenPocketminorChristmas event partnership featuring Meta Merge Match Three tutorials. TokenPocket is a multi-chain crypto wallet serving as distribution channel.
- Meta MergemajorStrategic move to enhance the Ultiverse MetaFi Ecosystem with exclusive gaming benefits for Electric Sheep NFT holders. Meta Merge ecosystem constitutes 13% of total Meta Merge Mana ($MMM).
- Fiat24minorGenesis Visa Card partnership with Ultiverse. Fiat24 is a crypto-friendly banking solution exploring card integration with the Ultiverse ecosystem.
- ZetaChaincoreStrategic partnership to drive omnichain GameFi. Ultiverse incorporated ZetaChain's testnet to build the inaugural omnichain GameFi platform. ZetaChain enables cross-blockchain functionality for gaming.
- LineaminorTwitter Space AMA partnership to discuss Ultiverse MetaFi Ecosystem on Linea blockchain network.
- CARVminorAMA partnership where CARV BD Paul joined to discuss future of Web3 gaming and ecosystem integration.
- BinancecoreUltiverse partnered with Binance for their first pilot of Binance Account Bound (BAB) programme and exploring Soulbound Token (SBT) possibilities in Web3 Metaverse. Also partnered for Binance Web3 Wallet exclusive 15M $ULTI airdrop campaign.
- BiswapcoreBiswap joined the Ultiverse ecosystem as a strategic partner, integrating their DEX into Terminus as the first DeFi bank. This unlocks DeFi opportunities and value for both communities.
- CoriteminorPartnership to explore metaverse opportunities for artists. Corite is a music funding platform revolutionizing how artists and fans interact.
- Celer NetworkcorePartnership to launch cross-chain NFTs. Celer Network's blockchain interoperability protocol enables one-click user experience for accessing GameFi, NFTs, DeFi, tokens and governance across multiple chains.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Ultiverse competitors and assessment
Company assessmentDirect peers
- Gala Games: Gala Games is a Web3 gaming platform that operates multiple play-to-earn games with its own GALA token and NFT ecosystem, directly comparable to Ultiverse's integrated GameFi, NFT, and token model.
- The Sandbox: The Sandbox is a blockchain-based virtual world and game creation platform with SAND token and LAND NFTs, comparable to Ultiverse's metaverse/gaming ambitions with cross-chain token economics.
- Decentraland: Decentraland is a Web3 metaverse platform with MANA token and LAND NFTs enabling user-created gaming and social experiences, similar to Ultiverse's virtual world and NFT marketplace focus.
- Sky Mavis (Axie Infinity): Sky Mavis operates Axie Infinity, the most prominent play-to-earn GameFi title with its own AXS/SLP token economy and NFT-based gameplay, directly comparable to Ultiverse's play-to-earn gaming and token model.
- Wemix: Wemix is a blockchain gaming platform with WEMIX token supporting multiple GameFi titles and NFT-based game assets, comparable to Ultiverse's multi-game platform with native token economy.
- Immutable: Immutable is a Web3 gaming infrastructure platform (with Immutable zkEVM and IMX token) powering multiple blockchain games and NFT marketplaces, comparable to Ultiverse's cross-chain gaming infrastructure.
- Enjin: Enjin operates a blockchain gaming and NFT platform with ENJ token and a marketplace for in-game digital assets, comparable to Ultiverse's NFT marketplace and token utility model.
- Mythical Games: Mythical Games operates AAA-quality Web3 games (Blankos, NFL Rivals) with NFT-based assets and a marketplace, comparable to Ultiverse's focus on Unreal Engine-powered gaming with NFT economies.
- Big Time Studios: Big Time is a Web3 action RPG with NFT-based cosmetic items and time-limited seasonal content, comparable to Ultiverse's Web3 multiplayer gaming experiences with NFT-driven economies.
Broad incumbents
- Animoca Brands: Animoca Brands is a Web3 gaming conglomerate and Ultiverse investor, operating dozens of GameFi titles and NFT platforms through its portfolio. Comparable as a broader incumbent player in the same space where Ultiverse operates as a more focused challenger.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Ultiverse social profiles
Digital presenceUltiverse financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ultiverse leadership team
Management profileNumber of profiles
Profiles8 records
Ultiverse funding detail
Funding detailFunding overview
Funding rounds4 records
Investors19 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ultiverse M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ultiverse
What does Ultiverse do?
Ultiverse is an AI-powered Web3 gaming platform that combines GameFi, NFTs, DeFi, Marketplace, and Liquid Staking into a unified ecosystem. It offers immersive AI-driven gaming experiences (Terminus City, Ulti-Pilot, Mission Runner) and a native ULTI token with cross-chain OFT standard functionality, supported by NFT collections (Electric Sheep, Moonlight, Gold Chip) and staking mechanisms. The platform serves crypto-native gamers and Web3 users globally, enabling play-to-earn mechanics, NFT ownership, and blockchain-based gaming interactions.
Is Ultiverse a public or private company?
Ultiverse is a private company. It is classified as venture growth investor backed and is currently operating.
When was Ultiverse founded?
Ultiverse was founded in 2022. It employs 11 to 50 people.
Where is Ultiverse based?
Ultiverse is headquartered in Midview City, Singapore, in the Asia region.
How does Ultiverse make money?
Four revenue lines are on record. Token Economics (ULTI) is the primary driver. The others are NFT Sales and Marketplace, staking Platform Fees and gaming Products and DApps.
Who are Ultiverse's main competitors?
Direct peers on record are Gala Games, The Sandbox, Decentraland, Sky Mavis (Axie Infinity), Wemix, Immutable, Enjin, Mythical Games and Big Time Studios. Animoca Brands is listed as a broad incumbent.
Does Ultiverse have an API?
No public API is recorded for Ultiverse.
What industry is Ultiverse in?
Ultiverse's product category is Web3 Gaming Platform. Its primary akta.pro industry code is MPAFAAAO, Web3/Blockchain Game Studios, with a secondary code of FSAPAGAB, On-Chain Game Engines & Developer Tooling (SDKs, APIs, Unity/Unreal plugins). Its NAICS code is 713120 and its SIC code is 7990.