Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, June 27 2019 - 23:34
AsiaNet
Ultra Announced as Second IEO on Tokinex
TORTOLA, British Virgin Islands, June 27, 2019 /PRNewswire-AsiaNet/ --

Bitfinex have today announced Ultra (https://ultra.io/) as the second initial 
exchange offering (IEO) to be conducted on Bitfinex and Ethfinex's joint token 
sale platform, Tokinex (http://tokinex.ethfinex.com/).

Ultra is a protocol and platform positioned to disrupt the $140bn gaming 
industry using blockchain technology to allow anyone to build and operate their 
own game distribution platform or virtual goods trading service. In doing so it 
challenges the current monopoly held by industry heavyweights Steam, Google, 
and Apple, and provides an attractive alternative to 'walled gardens'.  

For developers, Ultra enables greater control of communities, unlocks 
transparent new revenue streams including advertising, and instantaneous 
processing of nano-payments, amongst many other benefits. The benefits extend 
to gamers too, with immediate play, access to exclusive content, and the 
ability to earn UOS coins.

Paolo Ardoino, Bitfinex CTO adds: "Following the huge success of the Ampleforth 
sale, we are delighted the next token to be sold on Tokinex is another pioneer 
in the blockchain space. Ultra's expert team and ambitious vision have 
impressed us and we look forward to seeing the response from the community." 

The Ultra token sale will commence on Tokinex on 16th July at 11:00 UTC and 
will end when the 5,000,000 USD hard cap is reached. For further information on 
Ultra the white paper is available here (https://ultra.io/whitepaper), and head 
to Tokinex to get started today (https://tokinex.ethfinex.com/token-sales). 

About Ultra

Designed to break the market monopoly, Ultra is the next-generation games 
distribution platform, offering new solutions to both developers and players. 
Ultra has a blockchain foundation empowered by our staged software download 
technology, that has reliably served more than 100 million downloads around the 
world. For more information, visit Ultra.io (https://ultra.io/).

About Tokinex

Launched in May 2019, Tokinex is the IEO platform of Bitfinex and Ethfinex that 
brings fair opportunity to participate in curated token projects. It gives 
qualified participants the chance to contribute to pre-vetted token sales 
directly from their personal wallet through common crypto assets, and with no 
personal data or funds held by the exchange. 


Source: Bitfinex