Ultra scales down team as it looks to refocus blockchain vision for 2026
Despite having raised $12 million alongside new CEO Gus van Rijckevorsel in an ambitious reboot earlier in 2025, blockchain gaming platform Ultra has now announced that it’s scaling down to a core team of seven, with original co-CEO Nicolas Gilot taking back the top job.
In a post, the company says its level of ambition is one of the reasons for the restructuring.
“We believed building a complete ecosystem from day one was the right path. In doing so, we lost focus and couldn’t bring every component to the level of excellence we envisioned,” it says of the Ultra platform that includes a game store, a NFT marketplace, a wallet plus tournaments and game publishing tools all running on the Ultra blockchain.
More recently, the company also collaborated with Vaulta to get into the DeFi sector too.
However, it became clear, in the current market conditions, that it had spread itself too thinly, particularly in respect of operating Ultra as a full game platform competing with the likes of Steam and Epic Games Store.
For that reason, it’s made the decision to pause development of its gaming client and its two in-development games Citadels and Empires, but will maintain support for its Chrome extension, web wallet, the API for its NFTs and its onboarding system.
It will now focus activities on the Ultra blockchain, also launching the Ultra DAO, which will be seeded with some of Ultra’s treasury to run an ecosystem accelerator for the network.
In terms of future timeline, the roadmap is:
- Maintain blockchain services – Immediately
- Release the bridge – Jan 2026
- Establish the DAO – Jan 2026
- Repositioning of Ultra – Q1 2026
- Release of Citadels & Empires on Ultra – TBA
You can read the full statement here.
Source: https://www.blockchaingamer.biz/news/40909/ultra-scales-down-refocus-vision-2026/
