ULTIMOS.io has announced the launch of its Ultimos tokens which have been designed as utility tokens for a variety of areas including mobile gaming, eSport tokens, and other lifestyle applications.
The announcement also revealed that the Ultimos token will be the official token partner for Singapore’s Ultimo Hombre PTE Ltd which manages global gaming tournaments and esports events. Ultimo Hombre has been working on blurring the lines between amateur competitive gaming and professional eSports. So far partnerships have been signed with major players in the industry including Logitech, ASUS ROG, Turtle Beach, SCAN, and PlayStation.
The firm is currently developing the ULTIMOS app which will provide the online platform through which it plans to achieve integration that will allow Ultimo Hombre’s structure to become the central hub for its members. Users will be able to access the tools that they require in order to improve their profile and also be able to profit from gaming as a platform when competing in tournaments, showcasing their games or officiating matches among other things.
“We are incredibly excited about what the future holds for the ULTIMOS platform and token,” stated Howard Davies, the CEO of ULTIMOS.io.
Davies also noted that his firm was excited about the development and even noted that it puts ULTIMOS.io in a better position to hold an initial token offer (ITO). He also noted that most of the crowdfunding efforts have so far been focused on allowing business models to access the community. However, things are different in ULTIMOS.io’s case because it already has access to a strong community and that is the foundation that it wants to build on.
Moving towards adding value through an automated payment structure
The application of a blockchain solution, as well as the introduction of the ULTIMOS tokens, mark an important step toward an automated payment structure that can be adopted throughout the platform. This will also help to provide an incentive to participants including event attendees, online players, and contributors to spend time gaming and also to monetize their skills.
ULTIMOS.io has also struck key partnerships with WorldQuest.cc and TokenCommunites.com and these partnerships will allow it to provide the best token opportunities this year. The announcement highlights the firm’s determined plan to provide value.
