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Ultra and SwissBorg join forces to create Agora (AGA), a new hub for GameFi

July 21, 2022
in Gaming, News
Ultra and SwissBorg join forces to create Agora (AGA), a new hub for GameFi

The gaming platform Ultra has joined forces with SwissBorg to create Agora, an all-in-one marketplace 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 for financing the projects of tomorrow.

Agora (AGA), the new place for GameFi

“A new era for GameFi”: with these words, Ultra and SwissBorg announced their new project focused on gaming.

Called Agora (AGA), this new platform presents itself as a bridge between decentralized finance (DeFi) investors and blockchain gaming projects by offering a multitude of tools through cryptocurrency investment.

The project will come to life directly on the Ultra blockchain, which has a wealth of experience thanks to its various large-scale partnerships, including with AMD, Ubisoft, Atari, The Sandbox (SAND) and Elrond (EGLD).

The Ultra blockchain is carbon-neutral and can handle more than 12,000 transactions per second.

The project will also work with the Ultra wallet, which allows interaction with its entire ecosystem and offers cross-chain functionality for maximum compatibility. It is an incentive wallet that rewards its users based on their activity on Ultra through a level earning system that allows them to obtain exclusive non-fungible tokens (NFTs).

In addition, Agora benefits from the support and guidance of the SwissBorg exchange as well as Xborg, its new entity dedicated to esport and more broadly to gaming 3.0.

A wide range of tools

Agora will be built around several pillars, including its decentralized exchange (DEX) that will grow around the liquidity brought by the traditional gaming sector. In addition, players will be able to optimize the returns on their non-fungible tokens (NFTs) thanks to a collateral-free lending system.

Dedicated to supporting the best GameFi projects of tomorrow, Agora will also integrate a launchpad allowing anyone 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 Hanson, Ultra’s CEO, all the conditions are in place for Agora to establish itself as the reference GameFi hub:

“Agora aims to become the golden standard for GameFi by opening up a variety of new and exciting possibilities in the space. With Ultra’s frictionless, consumer-ready blockchain technology, Ultra and SwissBorg will enable the Agora team to lead the way in offering gamers more value in their gaming experience.”

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