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freQuenTLy askeD QueSTions

WHAT IS U-TOPIA METAVERSE?

Ans: U-Topia is an evolving metaverse that is seeking to build the first ethical metaverse with DAO-based governance and a Play-to-earn model. We are building an ecosystem where people can just come in, immerse themselves into this alternate reality, interact with new people around the world, and play games. U-Topia Metaverse aims to foster a healthy mental state for its users by keeping a balance between the physical and digital worlds.

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IS U-TOPIA AN NFT PROJECT?

Ans: This project is not just an NFT project. It is a metaverse with virtual real estate, lands for different purposes like e-commerce, fashion, and conferences, and it has NFTs in the form of pockies, which are also the keys to the metaverse. U-Topia has everything that a modern Web 3.0 company should have:

  • Blockchain

  • NFTs

  • Metaverse

  • DAO Governance

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HOW DOES THE P2E MECHANISM WORK IN U-TOPIA?

Ans: On the U-Topia Metaverse Website, you will find a heading of Whitepaper. In that paper, the play-to-earn model is described in detail.

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HOW IS U-TOPIA DIFFERENT FROM OTHER METAVERSES?

Ans: U-Topia is an evolving metaverse that is seeking to build the first ethical metaverse. U-Topia Metaverse aims to foster a healthy mental state for its users by keeping a balance between the physical and digital worlds. U-Topia Metaverse stands on the four pillars of ethics i.e., Wellness, Accessibility, Privacy, and Regulation.

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DOES U-TOPIA HAVE NFT COLLECTION OFFERINGS?

Ans: The NFT Collection of U-Topia Metaverse is a character that will be a part of the user’s experience in the metaverse. It is called a Pockie.

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HOW IS THE POCKIE NFT COLLECTION DIFFERENT FROM OTHERS?

Ans: Pockie is not just a jpg picture like many other NFT collections in the market rather it has real utility. The Pockie will be your companion in the metaverse guiding you throughout your stay. Moreover, it is the alpha access key to the metaverse and its different locations. Also, you can stake this NFT to receive awards and Pockies can also breed to produce offspring.

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WHAT DOES STAKING MEAN?

Ans: If you have not attached your NFT to your character in the metaverse, you can stake it in U-Topia Labs to earn rewards in form of crypto. The mechanism is described in detail in the whitepaper. 

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WHAT IS THE TECHNICAL PROTOCOL BEHIND POCKIES?

Ans: Pockies are ERC-721 tokens. ERC-721 is a standard for representing ownership of non-fungible tokens, that is, where each token is unique. ERC-721 is a more complex standard than ERC-20, with multiple optional extensions, and is split across a number of contracts.

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WHAT IS THE CURRENCY USED IN U-TOPIA?

Ans:  There are three types of coins used in U-Topia Metaverse namely U-USD, U-Share, and U-Gold.

  • The purpose of the U-USD token is solely for in-game use, such as virtual purchases or rewards. It is not intended to be traded on exchanges and is supported by blockchain technology to ensure secure ownership and transactions within the game.

  • The U-Share token represents a tokenized share in a Swiss company that aligns with stakeholder capitalism principles set by the World Economic Forum.

  • The purpose of the U-Gold token is solely for in-game use, such as virtual purchases or rewards. It is not intended to be traded on exchanges and is supported by blockchain technology to ensure secure ownership and transactions within the game.

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WHAT IS THE OFFICIAL GAME OF THE U-TOPIA METAVERSE CALLED?

Ans: Tomok is the name of the U-Topia Official Game. It will be a Play-to-earn game and will be played in PVE and PVP modes. Winners will be able to win NFTs and other rewards. 

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