LOS ANGELES, CA – 15/06/2024 – (SeaPRwire) – In a significant development poised to redefine the metaverse landscape, Utherverse (Utherverse.io) has announced the upcoming launch of its $UTHX token on the Solana blockchain in August 2024. This strategic move underscores Utherverse’s dedication to harnessing cutting-edge technology to enhance user experiences within its expansive metaverse ecosystem. The $UTHX token is designed to offer unparalleled utility, serving as a cornerstone for transactions and interactions within the Utherverse platform.
The $UTHX token presale is set to be conducted in four distinct rounds, offering early adopters a structured entry into the burgeoning Utherverse economy. Round A will see tokens priced at $0.05, followed by Round B at $0.055, Round C at $0.06, and finally, the launchpad round at $0.065. Throughout these rounds, a total of 210 million tokens will be available, with an additional 80 million tokens earmarked for the launchpad phase. While the lifetime supply of $UTHX tokens is capped at 3 billion, the majority will be released gradually over the next decade, aligning with the platform’s growth and expansion strategies.
The decision to utilize the Solana blockchain was driven by its superior transaction speeds and lower fees compared to other blockchains. This choice reflects Utherverse’s commitment to providing a seamless and efficient user experience. Brian Shuster, the founder and CEO of Utherverse, expressed his enthusiasm, stating, “Solana users will be thrilled that the world’s leading metaverse has chosen this robust blockchain to operate on. This launch ensures that $UTHX benefits from Solana’s high-performance capabilities.”
Within the Utherverse platform, the $UTHX token will play a pivotal role, offering extensive utility across various applications. Users can employ $UTHX for transactions both within and outside the virtual world, utilizing traditional crypto wallets and multiple distributed ledgers. Additionally, the token enables users to stake their holdings, earning rewards and multipliers, thereby incentivizing active participation within the ecosystem. The distribution model includes halving rewards and strategic airdrops to affiliates, users, and Utherverse Sovereigns, fostering a vibrant and engaged community.
Participants in the presale will be eligible for additional rewards and exclusive staking opportunities. Utherverse has designated 300 million tokens to a New User Strategic Reserve (NUSR), which will be unlocked and distributed as the platform gains traction. These airdrops will reward users based on various criteria, including presale participation, further promoting engagement and growth. However, due to regulatory constraints, the presale is not open to individuals in the USA or Canada unless they are accredited investors. For those eager to get involved, Utherverse offers membership packages that include a range of benefits, discounts, and in-world tokens for use within the metaverse.
Utherverse’s innovative platform, powered by the Xaeon metaverse browser, offers a seamless integration of multiple metaverses, each customizable by Utherverse Sovereigns. These metaverses can be uniquely tailored with distinct styles, interfaces, avatars, games, and rules, providing a decentralized and secure environment enriched with blockchain and Web3 features. This setup ensures users have unprecedented control over their virtual experiences.
Since its inception in 2005, Utherverse has been at the forefront of virtual reality innovation, serving millions of users globally and establishing itself as a pioneer in the metaverse space. The launch of the $UTHX token marks a significant milestone in Utherverse’s ongoing journey to revolutionize virtual interactions and digital economies. For more detailed information about the $UTHX token presale and to explore the groundbreaking features of Utherverse’s metaverse platform, visit Utherverse.io.
SOURCE: Utherverse
by Arrow123
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