Thread by @LadyofCrypto1

Back when I had a few hundred followers I shared $UOS @ultra_io. It was in the middle of the #metaverse and #playtoearn hype and wow did it pump.

But not many gaming projects from 2021 survived or kept building. Well, $UOS did... 🧵👇

1/14

I took profit on UOS in 2021/2022, we were all up big so cashing out when the market flipped bearish made sense. My plan was to see how the team perform in the bear market and buy back in then.

Well, they've performed, and I am starting to accumulate again. Here is why 👇

2/14

🟪 WTF Is Ultra? 🟪
Ultra is a version of Steam using blockchain tech, unlike Steam, it doesn't take a 30% cut of sales, it only takes 15% 👀 This obviously incentivises developers to put their game on Ultra, and push for sales there, instead of on Steam!

3/14

But it's not just for devs that benefit. As a user, your games are NFTs and you can sell them when you are done playing them. You get a cut and so does the dev! This has never been done before 👀

And, they are also making their own games 👇

4/14

🟪 AAA Game 🟪
Over the past three years, Ultra has been building AAA FPS in collab with devs from games like Diablo, Fortnite, Cyberpunk, Hearthstone, Doom, and more.

5/14

I have mixed feelings about crypto games. They do well in a bull market but the hype never lasts long. But two things here, this game actually looks really good and Ultra is more than just a game. Here are some screenshots from the game!

6/14

🟪 Ultra Arena 🟪
This is their eSports app where players earn crypto for playing in game tournaments. There is a ridiculous amount of money in eSports so this is a great selling point.

7/14

🟪 Onboarding Gamers 🟪
My biggest problem with crypto gaming is that NOBODY outside of crypto wants to create a Metamask wallet to buy or play games. Creating wallets is intimidating, adding chains to Metamask is confusing... it just puts people off.

8/14

With Ultra, you can play Web 2 games just like you would on Steam, making money from the Ultra Arena or selling your games is a seamless experience that doesn't require users to get Metamask and learn how crypto works. This is key to onboarding Web 2 gamers!

9/14

🟪 Blockchain + Publisher + Distributor + Dev 🟪
The other issue I have with investing in crypto gaming is that most games have a short shelf life. 95% of games lose most of their player base in the first year, especially crypto games.

10/14

But Ultra is not just a game, it is a gaming blockchain, a publisher and also a developer.

This is what we should be looking for when investing in crypto gaming. We want to invest in the crypto Ubisoft (dev), Valve/Steam (dev, publisher, and distributor).

11/14

These are the companies that become worth billions and are around for decades.

12/14

🟪 Gameplan 🟪
I'm starting to accumulate $UOS again at these lows. IMO this is a good time to start building alt bags and Ultra is one of my key gaming plays 💪

As always, the market looks good now but it might not look so good in a few months. I am accumulating slowly!

13/14

I hope you've found this thread helpful.

Follow me @LadyofCrypto1 for more.

Like/Retweet the first tweet below if you can:

14/14

https://twitter.com/LadyofCrypto1/status/1646560255474814976