ULR Token

Membership - Users may select a desired Ultrix Membership level by locking in the necessary amount of ULR tokens. The complete ownership of the locked ULR tokens remains while enjoying all the benefits of the chosen tier. These tokens can be unlocked after a minimum period of 30 days. Upgrading the membership level is instant, but downgrading involves a 30-day waiting period from the time of the request until the ULR tokens are returned to the account balance. The advantages users receive as a premium member are various, including Karma, Hot Offers, and daily ULR bonuses, higher earnings on Ultrix Boost, priority on Hot Offers, access to Airdrops, unallocated rewards, and more weekly raffle tickets.

Marketing - The marketing model of Ultrix Square is essential to achieving long-term success. Ultrix Square's team recognizes the importance of providing ample opportunities for developers and service providers to showcase their offerings. Ultrix Square currently offers Ultrix Boost and Hot Offers as promotional channels, and its team is continuously expanding the marketing opportunities available to developers. Ultrix Boost, Hot Offers, and other upcoming campaigns will be paid in ULR tokens. Part of these tokens will be used for buybacks and burns.

In order to meet the unique needs of each developer and service provider, a comprehensive and diverse range of marketing options is provided. In this way, Ultrix Square can provide the necessary tools for participants to succeed and foster a thriving innovation and growth ecosystem. In its marketing model, Ultrix Square demonstrates its commitment to empowering developers and service providers as well as creating a dynamic platform.

Ultrix Square’s marketing model is one of its Key Drivers. We are proud to reveal an Innovative Token-Based RTB (Real-Time Bidding) Program. Developers and service providers who have at least one listed App or approved service can promote their services through a wide number of categories and banners with Ad Space. Developers can win Ad Space by bidding ULR tokens based on SBO (Second Best Offer) mechanics. ULR tokens of the winning bid will be locked for 12 months before they are transferred to the treasury.

Reputation - Karma serves as a measure of a user’s reputation and reliability within the Ultrix Store ecosystem. It acts as an indicator of the user's commitment and contribution to the platform. A higher Karma score indicates a user’s active and positive involvement. This enhances trust among users within the community, as a higher score reflects a history of constructive behavior. Accumulated Karma points can be converted into ULR tokens.

Developers Grants - Developers will be able to receive grant funds to attract new users after the voting done by the DAO members. Please add information about this program so that the project can use these funds for marketing.