The OKX Jumpstart Mining event for ULTI (Ultiverse) is set to launch on June 3, 2024, offering crypto holders a unique opportunity to participate in the next evolution of Web3 gaming. Bitcoin (BTC) and Ethereum (ETH) holders can stake their assets to mine ULTI tokens — the native utility token of Ultiverse — during a limited-time, high-reward mining window.
This guide walks you through everything you need to know about the OKX Jumpstart Mining campaign, including staking mechanics, eligibility, reward calculations, and insights into the Ultiverse ecosystem.
How ULTI Mining Works on OKX Jumpstart
Starting at 6:00 AM UTC on June 3, 2024, users can stake either BTC or ETH to begin earning ULTI tokens. The mining period will run for 72 hours, concluding at 6:00 AM UTC on June 6, 2024.
During this window, participants contribute BTC or ETH to designated staking pools and receive ULTI rewards in real time based on their share of the total pool.
👉 Discover how to maximize your ULTI mining rewards with step-by-step guidance.
Key Staking Details
- Stakeable Tokens: BTC or ETH
- Reward Token: ULTI
Total Mineable Supply:
- 150,000,000 ULTI in the BTC pool
- 150,000,000 ULTI in the ETH pool
- Mining Duration: June 3 – June 6, 2024 (72 hours)
- Minimum Stake: No minimum requirement
Maximum Stake Per User:
- BTC: 0.3 BTC
- ETH: 3.5 ETH
- Staking Flexibility: Stake and unstake at any time during the event
- Trading Availability: ULTI trading opens on June 6, 2024 (exact time TBA)
All staked assets remain liquid and can be withdrawn instantly. After mining ends, any remaining staked BTC or ETH will be automatically released, and earned ULTI tokens will be distributed to users’ funding accounts within two hours.
Who Can Participate?
To ensure compliance with global regulations, participation in this Jumpstart Mining event is restricted in certain jurisdictions.
Eligibility Requirements
- Restricted Regions: Residents of Mainland China, Hong Kong, and South Korea are not eligible.
- Identity Verification Required: All participants must complete KYC (Know Your Customer) verification on OKX.
- Sub-Accounts Not Allowed: Only primary accounts can take part.
OKX reserves the right to disqualify users engaging in suspicious activities such as multi-accounting, KYC fraud, wash trading, or using automated tools to manipulate rewards.
How Are ULTI Rewards Calculated?
Rewards are distributed in real time and calculated every minute based on each user’s proportional contribution to the total staked amount.
Reward Formula
User’s Per-Minute Reward =
(User’s Staked Amount ÷ Total Pool Staked) × Total ULTI Released Per Minute
Example Calculation
Suppose:
- You stake 0.1 BTC
- Total BTC staked across all users: 1,000 BTC
- ULTI release rate: 10,000 tokens per minute
Your per-minute reward:
(0.1 ÷ 1,000) × 10,000 = 1 ULTI per minute
Over the full 72-hour period (4,320 minutes), this would yield approximately 4,320 ULTI — assuming constant pool size and no changes in your stake.
Larger stakes increase your share of the pool and accelerate rewards, but remember the per-user cap of 0.3 BTC or 3.5 ETH.
Step-by-Step Guide: How to Stake
Follow these simple steps to begin mining ULTI:
- Transfer Funds
Before mining starts, move your BTC or ETH into your OKX funding account. - Access Jumpstart
Open the OKX app → Go to "Grow" → Tap "Jumpstart" - Start Staking
Once mining begins, select "Stake", enter your desired amount (up to the cap), and confirm.
You’ll start earning ULTI immediately. To withdraw funds early, simply click "Unstake" — your BTC or ETH will return to your funding account instantly.
After the event ends, any staked assets still active will be automatically unstaked, and all earned ULTI tokens will be credited within two hours.
What Is Ultiverse ($ULTI)?
Ultiverse is redefining the future of blockchain gaming by combining AI-driven content creation with decentralized infrastructure. It serves as a full-stack Web3 gaming platform that empowers developers, creators, and players through intelligent automation and cross-chain integration.
Core Features of Ultiverse
- AI-Powered Game Development: Accelerates game design, narrative generation, and asset creation using advanced machine learning models.
- Cross-Chain Compatibility: Supports multiple blockchains to enhance accessibility and interoperability.
- Creator Ecosystem: Enables thousands of content creators to build, publish, and monetize games and digital experiences.
- Community Governance: Token holders influence platform development through decentralized decision-making.
- Strategic Partnerships: Collaborates with leading projects to expand adoption and technological reach.
With a total supply of 10 billion ULTI tokens, the project aims to foster long-term growth across gaming, AI innovation, and community engagement.
Token Distribution Overview
- Jumpstart Mining: 3.00% (300 million ULTI)
- Core Contributors: 17.00%
- Liquidity: 3.00%
- Airdrop: 8.00%
- Advisory: 3.00%
- Community & Ecosystem: 46.00% (largest allocation)
- Investors: 20.00%
This distribution reflects a strong focus on decentralization and long-term ecosystem sustainability.
Frequently Asked Questions (FAQ)
Q1: Can I stake both BTC and ETH?
Yes. You may stake either BTC or ETH — or both — across separate pools. Each pool operates independently with its own reward distribution.
Q2: Do I need to manually claim my ULTI rewards?
No. Rewards are distributed in real time and automatically added to your funding account as you mine. There’s no need to claim them manually.
Q3: What happens if I don’t unstake before the event ends?
No action is required. Any staked assets will be automatically released after mining concludes, and your earned ULTI will be transferred within two hours.
Q4: Are there fees for staking or unstaking?
No fees are charged by OKX for staking or unstaking during the Jumpstart event.
Q5: Can sub-accounts participate?
No. Only primary accounts are eligible. Sub-account activity will not be recognized in this campaign.
Q6: When can I trade ULTI?
Trading for ULTI will open on June 6, 2024, though the exact listing time will be announced separately.
Maximize Your Participation
With no minimum stake requirement and flexible unstaking options, this Jumpstart event offers broad accessibility while rewarding early and consistent participation.
Whether you're a long-time BTC holder or an active ETH user, now is the time to engage with one of the most innovative projects at the intersection of AI and blockchain gaming.
👉 Learn how AI is transforming Web3 gaming — and how you can benefit from early access.
Final Notes & Risk Disclosure
While OKX Jumpstart provides exciting opportunities to earn emerging tokens like ULTI, it’s essential to understand the risks involved:
- Digital assets are highly volatile and may lose value rapidly.
- This is not investment advice. Always conduct your own research.
- Market fluctuations affect token values; OKX does not guarantee returns.
- Tax liabilities related to rewards are the responsibility of each participant.
By joining the campaign, users confirm they have read and agreed to OKX’s Terms and Conditions.
👉 Start staking today and become part of the AI-powered gaming revolution.
This article contains no external links except those directed to OKX for user engagement purposes.