TechFlow reports that the metaverse gaming platform Ultiverse announced on X that 8% of its tokens will be airdropped to holders of Electric Sheep NFT, SOUL, and other ecosystem assets.
The specific allocation details for the remaining ULTC are as follows:
Notably, ULTC is the native governance token of the Ultiverse ecosystem. Micro Worlds leverages ULTC to incentivize decentralized applications integrated within Ultiverse, establishing the token as the primary medium of exchange.
ULTC holders possess governance rights, enabling them to actively participate in decision-making processes. Token holders can vote on proposals influencing the distribution of ULTC earned from Micro Worlds; ULTC also serves as the means for players to acquire in-game assets from Micro Worlds.
