UA Multimedia Inc (UAMM) closed up 22.91 percent on Thursday at $0.0397, and has been trading in a day range of $0.0290 to $0.0440. Shares of UAMM dropped over -23.95% in the last month; with average volume for the month over 3.62M shares. If we look at three-month performance, UAMM stock gains over 41.79% while average volume for the stock was 3.42M. Last 12 months have been good for UAMM with over 507.25% gain in stock price, reaching a high of $0.1625 with a $12.58M market cap. UAMM stock rocketed following a digital asset move.
What UAMM has been looking at on?
UA Multimedia is an innovation holding organization and arrangement supplier with an emphasis on blockchain, cryptographic money, decentralized money (DeFi), NFT and metaverse. UAMM is additionally a holding organization trying to obtain homegrown and unfamiliar substances who are in a similar space.
UA Multimedia yesterday declared its underlying section into the metaverse via land procurement and fostering a Sandbox Play-to-Earn game.
- Sandbox is based on the Ethereum blockchain and is perhaps the most prevailing player in the metaverse and gaming industry.
- Sandbox permits clients to gain virtual land and use it to make their own reality.
- The substance and applications produced for the virtual world can likewise be adapted.
- UAMM will begin its metaverse drive by gaining a plot of land in Sandbox and foster it to have diversion and promoting occasions.
- UAMM likewise plans to adapt by fostering a Sandbox Play-to-Earn game too as game resources which can be sold as NFTs.
- Notwithstanding Sandbox, UAMM is likewise considering setting up a presence in Decentraland soon.
- Decentraland is another major metaverse player who additionally has various unmistakable accomplices.
- By expanding its essence, UAMM can focus on a more extensive scope of crowd for its items and administrations.
- UAMM proceeds to effectively work out its environment which comprises of three fundamental parts: DeFi (DEX), NFT commercial center and Metaverse.
- The GogiSwap DEX still can’t seem to acquire large footing however functions admirably.
- The stage is being redesigned with extra highlights just as execution improvement.
- UAMM anticipates that use should increment as it puts more endeavors on showcasing in the forthcoming weeks.
- To give more openness and scenes to secure GOGI, UAMM is working on posting the token on extra trades and information locales.
- The NFT commercial center send off is marginally deferred because of the extra time expected to test the fixes for the as of late tracked down bugs and missing highlights.
- Extra time is likewise expected to work with different makers to rundown and element their pieces on the stage.
What UAMM is preparing?
Besides settling the improvement of the commercial center, UA Multimedia (UAMM) will likewise list its Galaxy Walker NFT shoe assortment on OpenSea in the forthcoming days. UAMM will slowly grow the assortment over the long run by request.