From Concept to Reality: Brian Shuster Discusses Utherverse and $UTHX Token Launch

Today, we’re joined by Brian Shuster, the visionary behind Utherverse. With over two decades in virtual reality, Brian is leading innovations in the metaverse. We’ll discuss the recent launch of the $UTHX token on Solana, strategic decisions, and Utherverse’s role in shaping the future of digital interactions:

Can you share more details about the recent launch announcement of the $UTHX token on the Solana blockchain?

A pre-marketing campaign for the UTHX token began in early June. This campaign was designed to give our large and strong community one last chance to take advantage of the highly-discounted first round of token presale.

As part of the pre-marketing campaign, we have allocated $10,000 worth of Solana to give away to the community as prizes and rewards for helping us create buzz and excitement in the lead-up to our July 10 marketing blitz which will feature interviews with our CEO and reviews of the platform by major social media and cryptocurrency personalities.

What motivated the decision to choose Solana for $UTHX, and how do you see this benefiting Utherverse users?

We chose Solana for its high transaction speed, low transaction fees and its strong community. After the most recent update, Solana is much more stable and reliable, and these features will benefit Utherverse users in the form of low costs and peace of mind that transactions will take place quickly and reliably.

The $UTHX token presale has generated a lot of interest. Could you elaborate on the different rounds of the presale and the benefits for early participants?

The token presale was designed as part of our very detailed and expertly crafted Tokenomics. The first three rounds of presale (A, B and C) offer buyers the opportunity to purchase UTHX at extremely discounted prices. Round A price is only 5 cents. Round B is 10% more at 5.5 cents, and round C is 6 cents. Finally, the token will be made available on launchpads at 6.5 cents before the trading is opened to the public market (30% above the Round A price).

Early participants will also qualify for airdrops of additional tokens, staking rewards for staked tokens and other benefits (such as early access to the next Beta software release).

How is Utherverse engaging with its community to ensure widespread adoption and participation in the $UTHX presale?

The Utherverse community is one of the most amazing, fun-loving, positive and uplifting communities in all of Web3. It is large, strong and growing – as word of mouth spreads the good vibes to just about everyone who joins. Building on the millions of users from our prior generations of Utherverse software, the company is heavily involved in our Discord, X and other social media channels.

We engage the community with events such as Karaoke, movie premiers and social parties hosted with amazing DJs within our various metaverses. The community earns prizes, cash giveaways and generally make friends and are entertained by our social media and events teams.

What specific utilities will the $UTHX token offer within the Utherverse ecosystem?

In our Classic metaverse, which has been in live operation for more than 18 years, and which has had more than 50 million users, we introduced a world-currency called Rays. Rays are used for all in-world transactions, and that economy has had tens of billions of dollars of transactional value exchanged.

In the new Utherverse platform, the world-currency is UTHX, and it will be used for all the same virtual goods and services with a whole suit of new applications.

A very tiny subset of examples would include things like: Account upgrades, Avatar skins and clothing purchases, Concert and event ticket purchases, Convention and conference passes (and booth rental space and setup), virtual Land and property sales and rentals, AI companion and advisor tools, Shopping, wedding planners/DJ services/venue rentals; as well as business to business features such as advertising, search engine placement, metaverse construction and decoration.

It is worth noting that a thriving metaverse economy comes into existence in any metaverse that offers the users the tools to build clothing, stores, personal spaces and other goods and services. Most of the virtual items and services that will be transacted using UTHX will come from our community members offering their wares to other community members. That’s the reason UTHX will be so useful and it’s why we describe it as a utility token.

Could you explain the staking rewards and multipliers that users can earn with $UTHX?

A full 10% of UTHX tokens are held in reserve to be awarded as staking rewards. These rewards are analogous to (though in reality quite distinct from) the interest payments that a person might get from leaving fiat currency in a bank account.

The idea of staking rewards is that it keeps liquid tokens from being dumped into the open market by incentivizing the holders to stake their tokens in exchange for substantially more tokens when the staking expires.

In the case of UTHX, this staking will pay a very high rate of reward. Because UTHX is a true utility token of a real and useful project, keeping the value of UTHX high is helpful to everyone. The value of UTHX may continue to rise as the number of users of our metaverse grows. 

When we achieve user numbers comparable to our Classic metaverse, we will have millions of people who need UTHX every day. At that point, the market will be self-sustaining and the demand for UTHX will be insatiable.

While the platform is being upgraded and launched, however, the demand for the token is more limited. To give the token and platform a head start, we decided to offer very generous staking rewards. This decision gives another huge benefit to people who come in early and hold their tokens for a while.

As for multipliers, there is another 15% of the UTHX token allocation that is designated as the New User Strategic Reserve. This is essentially an airdrop pool of tokens that will award 50% of the pool each time the Utherverse adds a pre-set number of users. When we hit that number, every user will get a share of the airdrop, but participating in the community and in the presale can add multipliers to the actual amount the user will get.

So, as an example, in the first NUSR airdrop, if the token is priced at $10, 67.5 million UTHX will be airdropped (an airdrop worth $675 million USD). 

If the NUSR is released when the user base reaches 5 million members, each user might receive about 30 UTHX on average, but someone who has been active early and often may have earned a 5x multiplier, in which case they may receive 150 UTHX in the airdrop (which, in this example scenario would be worth $1,500 USD).

What are the long-term goals for Utherverse with the introduction of $UTHX?

Utherverse has been a 20-year project. The goal has not changed, and simply put, Utherverse is designed to be the next generation of the Web.

Our CEO was one of the original architects of the commercial web – having been granted more than 100 US patents on core internet technologies. His vision for the Internet was always a version of The Matrix in which individuals can create and experience realities that allow them to improve their life and their relationships.

The idea of enabling anyone from anywhere on the planet to get together as they could in the real world to socialize, learn and experience human connections will usher in a new era of global wealth and understanding. It will disarm the negative aspects of social media isolation and algorithmic anger and replace it with genuine human connections and experiences.

The vision is the best of the Internet meets the best of video games and virtual reality. This combination allows people to spend time with family, even if they are half a world apart, and watch the game together, or attend a concert – with the best box seats imaginable – all for just a few pennies.

This is a new kind of wealth and a new kind of compassion that can only be made possible through the advanced metaverse protocols and technology stack that is disclosed in the Shuster patent portfolio and brought to life by the Utherverse team; but it is also why the Utherverse community is so important. Starting with a good-hearted, well-meaning and uplifting community, the technology can deliver on this promise. Without the community, the Utherverse is worth nothing.

How do you see Utherverse evolving in the next five years?

The Utherverse will continue to add features that enhance user’s abilities to create and prosper. This project is akin to web browsers, which never stop improving – even though the first few generations seemed like they were complete.

As the community grows, UTHX holders will gain more and more of the decentralized control over the direction the metaverse goes. Ultimately, Utherverse will encompass a new kind of Internet and a new kind of governmental structure that is truly a voice of the people that comprise its community.

How does the Xaeon metaverse browser enhance the user experience within Utherverse?

The Xaeon Metaverse Browser has been architected to become the new primary browser that people will use to access the Web. It will allow users to surf the traditional flat-web in tabs, but it will also let users open tabs to connect to any of the millions of diverse metaverses that will comprise the Metaverse Web.

By connecting all metaverses together, users of the platform will be able to have a seamless experience. 

Imagine if you needed to download a different web browser for each website that you visited. This is the current state of metaverse. 

With the launch of Xaeon, anyone or any business will be able to create their own metaverse easily and quickly using the built-in tools. Those metaverses will connect to each other with hyperlinks in a very familiar way that anyone who has used the Internet will immediately understand.

Just as web pages can be very different, so too can the metaverses that will be connected. Through a decentralized protocol called the Sovereign system, metaverse creators can build anything from photorealistic human metaverses to full-on multiplayer games or first-person shooters. Avatars can be human or they could be 2D cartoons or they could be dragons and cars. Physics can be different as can most other rules (other than certain safety, spam and phishing rules that will run through the root layer to protect users).

Using Xaeon, the community will gain access to this entirely new web of games and realities, while retaining the best of the Internet that they already experience every day.

Can you share any upcoming features or improvements that users can look forward to?

Some of the fun features I’m looking forward to include our DJ package, where we give users a full set of DJ equipment plus pyrotechnics. They can mix their beats right in the virtual club and put on wicked shows to thousands of attendees. Of course, they can practice beforehand.

We will be opening our comedy club, which follows on the heels of our Karaoke club that has been hosting live singers every Friday night in our Closed Beta.

When we launch our Public Beta, we will begin hosting the most insane virtual concerts in our concert series, and we are planning a massive Web3 conference and trade show. Of course, I’m also very excited about our fashion shows and the fashion show partnerships we are lining up. The Public Beta will finally reveal our avatar models that are the most lifelike avatars that have ever been created for a live metaverse. The clothes are out of this world, and they can do things that real clothes just can’t. For that, you’ll need to wait to see.

Utherverse has been a pioneer in virtual reality since 2005. How do you plan to maintain this leadership in the rapidly evolving metaverse industry?

I often say that comparing Utherverse to other metaverses is like trying to describe the difference between a TV and a computer to a person living in the year 1800. On the outside, they seem to be the same, but if you actually know, then you understand they are completely different.

The metaverse “industry” is comprised of companies that have all just discovered what metaverse is. They have years of mistakes to make before they can gain enough experience even to begin to plan for what the community will really want and how to deliver it.

Even things like selling land paints these metaverse start-ups into a corner that they can’t get out of. True the land sale may make them some quick cash, but unless everyone builds complimentary establishments, the land will quickly become worthless. If people don’t show up in large numbers and often, the whole area and all the landowners will be a ghost town.

When this happens, the company that sold the land might realize that their metaverse was designed poorly, and they may want to start over, but if they do that, they will need to abandon everyone that already paid them. From a business standpoint, that will lead to lawsuits and a loss of confidence.

This is just one of the thousands of examples that explain why we have released three increasingly better metaverse platforms over the past 20 years. 

This final generation takes all the wisdom and experience our team has gained and leverages it into the ultimate Metaverse Platform – Utherverse – and Metaverse Browser – Xaeon.

No amount of money can buy experience: Only time and effort. It is because the Utherverse team has put in decades of time and an effort focused by passion that we will maintain our leadership in the industry that we started.

What is your vision for the future of the metaverse, and how does Utherverse fit into this vision?

The metaverse will take the Internet to the next level. Just as prior generations of the Internet added to its usefulness, so too will the Xaeon browser keep the existing flat web growing, but that flat web will become just one tool in a much more extensive Web of Metaverses.

Utherverse will become the primary new protocol layer that spans from the very root layers of the Internet to the highest layers of end-user features. We expect a new age of prosperity to emerge from the massive increase in productivity and the decrease in the costs for just about every industry. Once the general public has had the chance to understand and experience what a true metaverse network can be, the hope is that the anger and anxiety that social media causes for its users will be replaced by a kinder and more humane kind of social interaction. People will have more wealth, more friendships and more kindness in their lives and hearts.