The Utherverse will act as a centralized hub for interoperable world connectivity.
THE $UTHER COIN
UTHER is a unique token offering because it is designed to offer real and necessary utility across the Utherverse platform, and because it is being deployed in a third-generation version of the most successful metaverse platform in history.
The long and successful track-record of the Company, our technology and intellectual property assets and 15+ years of successfully managing a massive virtual economy put the UTHER Coin in a category of its own.
Total Token Supply
|FOUNDATION AND TREASURY||360,000,000|
|FUNDING TREASURY (FUTURE RAISES)||240,000,000|
|PRIVATE SALE ROUND A||41,600,000|
|PRIVATE SALE ROUND B||33,333,000|
|PRE-SALE ROUND A||27,777,000|
|PRE-SALE ROUND B||25,000,000|
|CROWD SALE ROUND||22,727,000|
Staking Rewards / Staking Multipliers
Utherverse will verify our transactions and process payments using Proof of Stake. This allows users to earn rewards and multipliers on their holdings. Staking rewards, paid in UTHER, will be determined and modified based on the most current market conditions.
New User Supply Reserve (Issued monthly for the first 250 million users after product launch. With first 25 million users releasing 5% of UTHER total supply, and halving after that and halving again with each new 25 million users, until 225 million have become members of the Utherverse, after which, when an additional 25 million users join the platform, it will trigger the distribution of all remaining UTHER from the NUSR).
In contrast, the master token, UTHER Coin, is adecentralized cryptocurrency. It can be used to transactfully out of the virtual world platform using traditionalcrypto wallets and on a multitude of distributed ledgers.This gives stakeholders all the benefit and security of atrue cryptocurrency for off-platform purposes.
Coins issued from NUSR are distributed into company reserve, and then redistributed by the company to all stakeholders according to then current apportionment plan which includes distributing UTHER Coins to: affiliates, users, Utherverse Sovereigns and to the company.
Our 1:1 coin system enables us to offer safe, fast, and free (frictionless) transactions for virtual goods and fNFT™ from within our platform; and because users of wUTHER are transacting on our platform, we can provide direct adjudication and restitution in any cases of fraud and disputes.
1:1 COIN SYSTEM
All the Features of Top Cryptocurrencies with the security of a Credit Card.
Just as the Utherverse metaverse combines the best of video games with the best of the internet, our economy is designed to provide stakeholders with the best of crypto and the best of finance. That means participants wil get all the features of the top cryptocurrencies, but those features will be paired with all the security and recovery options that would normally be offered by a credit card. Our unique system of crypto and system paired coins makes this possible.
The Utherverse Economy will operate using a 1:1 coin system pairing our UTHER staking token with the in-world transactional wUTHER. wUTHER IS not tied to any blockchain, and operates solely from our internal ledger.
In-World Exchange Token (1:1 wUTHER:UTHER)
Utherverse is creating an in- "World UTHER token" that can transact without touching the blockchain because all such wUTHER transactions take place from registered members of our system in a system-system transfer.
It's only when the wUTHER needs to be moved to an externally usable wallet that would be converted to UTHER. wUTHER converts to UTHER at 1:1, but transfer out of the network to live wallet will incur a transaction fee that will go to the company reserve.