Research Lab
Investment ideas, theses etc
TL;DR: Ultra is building a vertically integrated Web3 gaming ecosystem — complete with blockchain, marketplace, identity, payments, privacy, and enforced $UOS usage.
This hub explores the stack layer-by-layer and why it creates asymmetric long-term potential.
Ultra is building a next-gen gaming ecosystem that rewards both developers and players. With EVM support, staking, and dynamic NFTs on the horizon—and fresh backing from NOIA Capital—$UOS could be one of the most undervalued plays in Web3 gaming.
Re-writing the Economics of Gaming
APR 19 · Written by Steve
Ultra
Ultra: An Asymmetric Bet on Web3 Gaming
The original thesis. A look at key metrics and strategic vision
Ultra x Vaulta x Cloak: Vertical Integration
Ultra is positioned for long-term exposure to gaming economies, financial rails, and privacy infrastructure.
Ultra x NOIA: Smart Capital Meets Deep Infra
A strategic entry into misunderstood infrastructure — backed by flows, not hype
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Ultra: GitHub Analysis
Technical Insights from the Ultra, Vaulta, and Cloak GitHub Repositories.
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Ultra's Bridge: Solving One of Crypto's Most Dangerous Problems
Why Ultra’s block-producer-run bridge architecture sets it apart from most of crypto.
Inside Ultra's Silent Whales - Blockchain Forensics
A look under the hood at who's accumulating - or distributing - $UOS
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Tracing the Flow: Ultra's Treasury Mechanics
A wallet-level breakdown of inflows and outflows fueling Ultra's ecosystem
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Solving the Cold Start: Bootstrapping Ultra
What happens when a Web3 platform owns its own ignition sequence?
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Underappreciated by most - possible blueprint for the Web3 loyalty layer
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What's Next for Ultra
A look at what's coming over the next 3-6 months and beyond.
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Memo on Reflexivity and Ecosystem Flywheels
A framework for understanding Ultra's circular value capture, and return on belief
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> Research tools & data
Update Log
Bullish
Bearish
Neutral
TBE
– Oct 2025: Expecting VC raise around this time
– Sept 2025:
– Aug 2025: AoM marketing materials had launch at Aug 20th
– July 2025: Cloak TGE set for July 8th (trade-able at launch, means bridge will be live)
– June 2025:
– May 2025: Added Vaulta rebrand and MEXC listing context
GitHub analysis. Exploration & searching for integrations
Exploration of the quest system (Airgrab)
ExSat advertised Ultra integration at bitcoin conference - no evidence in github
Ultra announce they will be attending EthCC
Vaulta perps listed on Coinbase
– Apr 2025: Added Cloak zk integration breakdown
NOIA investment confirmed
*Original thesis published