Cryptocurrencies first started as a way to send and receive a monetary value. With the development of further blockchains such as Ethereum, it gave way to many usages other than monetary transmissions. Today, the world of Non-Fungible Tokens have risen to pave their ways into digital ownership. Gaming also had its fair share of developments and UPLAND is one of those games that use NFTs as a way to buy your way into virtual real estate. What is UPLAND Crypto? All you need to know, after this short commercial brea…wait a minute, nevermind just read below 😀
What is UPLAND CRYPTO?
Upland is a game that’s available both on Android and iOS mobile devices. Think of it as a Monopoly game where you can buy and sell real-world properties, but in the virtual space. This difference between this project and other online games that have a similar concept is that Upland has a cool Lama as their mascot. Another difference jokes aside, is that players have actual ownership in the form of cryptocurrency tokens. So when you buy a property on the game (which has a real-world address), it would belong to you, thanks to smart-contracts.
Does UPLAND have a Token?
The in-game currency which players use is UPX, which is a token that allows you to buy properties. UPX is a fungible token that runs on the EOS blockchain. On the other hand, UPX is strictly a utility token, and can ONLY be used inside the game. Therefore, it is not available to be traded on any outside exchange. This move by the creators comes as fear of US taxation and SEC lawsuits, as they do not have the proper license to deal with real-world financial securities. Other companies such as Ripple and EOS have had their fair share of problems with the SEC. At a later stage, Upland company plans to introduce a “fiat out” feature that lets players fund and withdraw their earnings.
Where in the “Virtual World” is Upland currently present?
Currently, Upland mapped three areas in the US where players can roam and purchase property in:
- San Francisco
The company definitely is planning to expand to further areas at later stages, but for now, they have many other projects to integrate in the game such as Art NFTs, Cafes, Car dealerships, neighborhoods, car travel, battle royal and many other plans…the possibilities are endless here.
How to Play UPLAND
Playing the game is super easy. The UX is fun but basic.
- Sign up here first
- Create an account
- Pick your avatar
- And you’re set!
It’s super easy to start your real estate tycoon journey and become the gamer you always dreamed about. You can even start using terms like ggwp, just make sure to earn dem UPX!
Stay Ahead, And Enjoy the Game!
Trading Bitcoin is too complicated?
We highly recommend our Crypto-Starter-Kit to you!
Follow us on Social Media and subscribe to our free crypto newsletter!
Diskutiere mit uns!
This post may contain promotional links that help us fund the site. When you click on the links, we receive a commission - but the prices do not change for you! :)
Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
You might also like
More from Blockchain Companies
ConsenSys - the Ethereum based blockchain company announced on April 13 that they have secured funding of $65M from leading …