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Bittime - Ultiverse, a gaming platform that combines artificial intelligence (AI) and blockchain technology, has just received funding of 4 million US dollars or around Rp. 62 billion from a number of well-known investors. With this funding, Ultiverse's valuation reaches 150 million US dollars or around IDR 2.3 trillion, making it one of the largest gaming startups in the world.
Ultiverse is a gaming platform that allows users to create, explore, and interact with diverse and exciting virtual worlds. Ultiverse uses Unreal Engine 5.
This is a graphics engine capable of producing very realistic and detailed images. Apart from that, Ultiverse also uses AI and blockchain technology to provide a more immersive, social and innovative gaming experience.
AI is a technology that allows machines or devices to learn and think like humans. With AI, Ultiverse can customize the virtual world according to the user's preferences, personality and emotions. AI can also help users in various ways, such as creating characters, developing stories, or providing suggestions.
Blockchain is a technology that allows data or information to be stored and transferred safely, transparently and decentralized. With blockchain, Ultiverse can give users full ownership rights to the digital assets they create or acquire in the virtual world.
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Blockchain can also facilitate transactions between users, both in the form of cryptocurrency and other digital goods.
Ultiverse is an example of a metaverse , which is a concept that describes a connected and integrated virtual world, where users can participate in various activities, such as playing, learning, working, or socializing. Metaverse is believed to be the future of the gaming industry, which is currently growing rapidly throughout the world.
According to a report from Newzoo, a gaming market research company, global revenue from the gaming industry in 2023 is estimated to reach 200 billion US dollars, up 8.7 percent from the previous year. Asia Pacific is the largest gaming market, with revenues of 84.3 billion US dollars, followed by North America with 54.9 billion US dollars, and Europe with 40.6 billion US dollars.
Indonesia itself is a country with a potential gaming market. According to data from the Indonesian Game Association (AGI), the number of online game users in Indonesia in 2023 will reach 100 million people, with an income of 1.6 billion US dollars. This shows that Indonesia has a big opportunity to develop the local gaming industry, both from the developer and user side.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also read:
What is an Initial Game Offering (IGO)?
GameFi: Between Gaming and Decentralized Finance (DeFi)
What is BPET? GameFi Token in the xPet.Tech Ecosystem
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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