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The Truth About $UFO: Mint, Burn, Buyback, Repeat

4 min readJul 13, 2025
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UFO Gaming has always done things differently. No insider tokens. No staged unlocks. Just a community-backed token, fully live from day one.

If you’ve ever asked:

“Wen burn?”

“Wen lock liquidity?”

We’ve got your answer. And receipts.

Let’s talk facts:

  • 100% of UFO tokens were in circulation from day one
  • No team tokens
  • No VC allocations
  • No unlocks
  • 50% of total supply burned at launch Proof on-chain Current value of burned supply equals today’s market cap Over 25.7 trillion $UFO burned, worth approximately $6 million
  • $4,000,000 of liquidity burned permanently Burned on October 26, 2023 during peak bear market View transaction
  • Over 66,900 holders Widely distributed with no team wallets or insider control
  • Healthy liquidity pool of $2.2 million for a $6 million market cap Unlike many meme tokens and other projects with thin liquidity, $UFO maintains strong depth and trading sustainability

Total value burned across supply and liquidity exceeds $10 million, all verifiable, all on-chain.

Before any utility was live, UFO reached an all-time high market cap of $1.6 billion.

Now, with real utility rolling out and more to come, the foundation is stronger than ever.

A Community-Driven Start

UFO Gaming is a fully community-driven project that launched on Ethereum as a fair-launch with a focus on decentralization from day one. The token is still referred to as The Truth on-chain and across platforms like DEXTools, with $UFO as the official ticker.

While the project has since rebranded as UFO Gaming, that original identity remains part of its foundation. Liquidity will remain solely on Ethereum, even as users gain the ability to bridge UFO across networks to access various utilities.

From Meme to GameFi

Originally starting as a meme token, UFO Gaming has since expanded into GameFi. Built by the community, for the community, it continues to evolve with real utility and a long-term vision at its core.

What’s Live Today

Since then, the ecosystem has expanded with live products and growing utility:

Play now. Own later. No wallet needed.

  • Super Galactic is on open beta, deployed on Beam Network Mainnet Play in Browser: https://sg.ufogaming.io
  • Download for PC: Super Galactic Launcher
  • Android version is in final testing and coming very soon on Google Play and other major platforms
  • $UFO bridging to Beam Network is on the way, allowing players to use UFO within the ecosystem, including trading on the UFO Gaming Hub
  • Breeding utility is directly tied to $UFO , with a burn mechanism built into the system

Utility and Burn Mechanics

$UFO is deflationary by design. When used within the ecosystem, such as for breeding, a portion of UFO is burned. This reduces total supply and contributes to long-term scarcity.

All of this has been built without raising a single cent from VCs.

Minting Phase Tied to $UFO Buyback

The Genesis mint on Beam Network is now live. Players can mint directly through the UFO Gaming Hub, with full integration into Super Galactic and the broader ecosystem.

Once the full mint is completed, UFO Gaming will initiate a buyback of the UFO token from the open market, a commitment that aligns long-term ecosystem growth with direct market support.

This next phase ties everything together: community-driven launch, real utility, and continued value flowing back to the token at the heart of it all.

We Started as a Meme. What’s Next?

First, we launched The Truth. Then, we turned it into GameFi. Now? Let’s just say the next evolution doesn’t come with a roadmap… it shows up when you’re paying attention.

There’s something moving behind the scenes. It speaks in code, it works in silence, and it’s still very much tied to the UFO token.

We’re not saying what it is. We’re just saying it’s not random. And it’s definitely not just another feature drop.

If you’re holding a Genesis, stay close.

This isn’t the end of the story. It’s the part where it gets interesting. Watch the Hub. Watch the Mothership. Then read between the blocks.

https://app.ufogaming.io

Start Minting on Beam Network

Ready to mint? The Genesis NFT collection is now available directly through the UFO Gaming Hub.

Genesis Origins: Scarce by Design, Unique by Nature

To get started:

  1. Set up the Beam Network in your wallet Follow setup instructions here
  2. Visit the Mint Page Mint Genesis NFTs

The mint is live now. Once completed, UFO Gaming will begin buying back UFO from the market.

How to Buy $UFO

$UFO is available across top platforms, both centralized and decentralized:

Official Contract Address:

0x249e38ea4102d0cf8264d3701f1a0e39c4f2dc3b

Learn More: UFO Gaming Hub, Game Phases and Lore

For full context on the open beta launch, game phases, and rollout plan, see:

Recent partnerships also expanding the ecosystem:

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UFO Gaming
UFO Gaming

Written by UFO Gaming

UFO Gaming ($UFO) is a fully decentralized inter-galactic social gaming token. Website: https://www.ufogaming.io/ | Telegram: https://t.me/ufotokenofficial

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