Gaming platform Ultra partners with SwissBorg to create Agora, an all-in-one place designed to link decentralized finance (DeFi) and GameFi. A true ecosystem in its own right, Agora offers a decentralized exchange, a cross-chain wallet and a launchpad to finance the projects of tomorrow.
This article is written in partnership with Ultra (find out more)
Agora (AGA), the new place for GameFi
” A new era for GameFi » : it is with these words that Ultra and SwissBorg announced their new gaming-focused project.
baptized Agora (AGA), this new platform presents itself as a bridge between investors in decentralized finance (DeFi) and blockchain gaming projects by offering a multitude of tools through theinvestment in cryptocurrency.
The project will come to life directly on the Ultra Blockchainwhich has extensive experience thanks to its various major partnershipsin particular with AMD, Ubisoft, Atari, The Sandbox (SAND) or Elrond (EGLD).
Cut to accommodate a large number of transactions, the Ultra blockchain is carbon neutral and allows to complete more than 12,000 transactions per second.
The project will also work with the Ultra walletwhich allows interaction with its entire ecosystem and which offers a cross chain functionality for maximum compatibility. It is an incentive wallet that rewards its users based on their activity on Ultra through a level gain system allowing in particular to obtain non-fungible tokens Exclusive (NFTs).
In addition, Agora benefits support and assistance from the SwissBorg exchange as well as xborgits new entity dedicated to esports and more broadly to gaming 3.0.
👉 To not miss any news from Agora, follow their Twitter account
A wide range of tools
Agora will be built around several pillars, in particular its decentralized exchange (DEX) which will develop around the liquidity provided by the traditional gaming sector. In addition, players will be able to optimize the returns of their non-fungible tokens (NFTs) in particular thanks to a collateral-free lending system.
Dedicated to supporting the best GameFi projects of tomorrow, Agora will also integrate a launchpad allowing everyone to invest in them.
Finally, thanks to the wallet, players and investors will benefit from a unique digital identity to navigate through the Agora ecosystem.
For David Hansonthe CEO of Ultra, all the conditions are in place for Agora toimposes as the reference GameFi crossroads :
“Agora aims to become the golden standard of GameFi by opening up various new and exciting possibilities in the space. Using Ultra’s frictionless, consumer-ready blockchain technology, Ultra and SwissBorg will enable the Agora team to lead the way in bringing players greater value to their gaming experience.”
👉 To find out more, visit the Agora website
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Passionate about the world of decentralized finance and the novelties brought by Web 3.0, I write articles for Cryptoast to help make the blockchain more accessible to everyone. Convinced that cryptocurrencies will change the future very soon.
Maximilien Prue
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