$UMI

About $UMI

Factors Affecting the Price of $UMI

Purchases and Buy-Back Mechanism

• All NFT platform transactions are in USDT/USDC.

• 51% Buy-Back: When a purchase is made, 51% of the price is used to buy back $UMI, ensuring constant demand.

• 49% Developer Revenue: The remaining 49% goes to the Developer in USDT/USDC.

Token Burning

• $UMI tokens are periodically burned, following the token distribution model, to reduce supply and potentially increase value.

Earning $UMI

• Users can convert Dive Points to $UMI, providing an additional way to acquire the token.

Trading $UMI

• At BETA PHASE 3, a USDT/$UMI and USDC/$UMI pool will be established to facilitate the buying and selling of $UMI tokens.

For Game Developers: Developer Game Console

• Developers can access the backend of Umiverse by applying for an account here.

• All applications are reviewed by the Umiverse team for approval.