Ultima(ULTIMA)

Overview

Ultima (ULTIMA) is the infrastructure token of the Ultima ecosystem, running on a Smart Blockchain that uses the DPoS (Delegated Proof of Stake) consensus algorithm. The network is presented as handling up to 2,000 transactions per second, producing a new block roughly every three seconds, and keeping transaction costs low.

The ecosystem includes DeFi-U, which distributes staking rewards in Ultima tokens, along with a marketplace, while the team states it is developing a crypto debit card, an exchange, and travel and crowdfunding platforms. ULTIMA launched in March 2023, and the project reports a community of more than 2.8 million users across 120 countries.