Why Upland’s Virtual Land NFTs Are The Future Of Crypto?

The crypto market is currently in a boom cycle again. Fungible tokens like Bitcoin and Ethereum are witnessing enormous price increases. An emerging area in the blockchain world is non-fungible tokens or NFTs. Especially in connection with virtual parallel worlds (metaverse), NFTs are becoming increasingly important, as they map ownership rights over the users’ virtual objects in a transparent and censorship-resistant manner.

The best known classic parallel world is Second Life. In Second Life, however, the ownership of the objects of the players is still handled centrally by the company that operates the game. If the company desires, it can dispossess its players at any time. This is quite different from Upland, a game that is similar to Monopoly and virtually depicts the cities from the real world. The properties in Upland are mapped as NFTs and managed by the EOS blockchain.

A Brief Introduction to Upland

As already described, the gameplay of Upland is similar to the well-known board game Monopoly. In a city that is illustrated in the real world 1 to 1, the player tries to increase his money through clever purchases/sales of buildings or land. He can interact with other players and collaborate on property purchases and sales. The game is monetarily powered by the native UPX token.

It is now possible to sell your NFT properties directly for real fiat money (US dollars) and earn real money in the process. For this purpose, Upland has entered into a partnership with Tilia Pay, a subsidiary of Second Life. The Upland Metaverse now includes the cities of San Francisco (first city), New York, and Fresno. The metaverse is constantly being expanded. You can find step by step instructions to get started with Upland in this article.

Enormous Profit Potential

Upland is becoming more and more interesting for investors due to the rapidly increasing number of users. Meanwhile, the number of users is constantly alternating within the ranks of the 3 most used blockchain-based games. The growing number of users naturally increases the demand for land and buildings in virtual cities. Since there are many different types of buildings in a city, high variance of objects with different scarcity exists in Upland’s game concept. Residential buildings, for example, are much more plentiful than theaters or even airports. A month ago, for example, the New York Stock Exchange was sold at auction for 23,000,000 UPX (the equivalent of 23,000 dollars or about 19,000 euros). Even within the zones of a city, the prices for buildings develop highly dynamically, which expands investment opportunities and the associated game fun once again. Profits are generated not only by buying properties cheaply and selling them expensively, but also by simply holding the properties since they generate rental income in UPX.

Build Your Own Building Soon

Recently Upland tested the creation of new buildings in the game world. The test was conducted through a series of competitions (The Sandbox Wars) among Upland players and was a resounding success. Players were able to use the 3D toolbox to develop and place their buildings. Players coordinated into teams and scored points while trying to attack each other’s points. Incentive systems powered by new tokens were in use.

Due to the success of the case study, the Spark Token will be introduced this quarter, which will be used for building construction. The more Spark Tokens are used for the construction of a building, the faster it is completed. Once again, this concept expands the number of possibilities and strategies many times over. This is just the beginning of what players can expect in Upland in the future. It is therefore wise to take a look at Upland’s innovative game concept now and immerse yourself in the metaverse!