As technology advances and we move to a web 3.0 era, we can see more games and apps that use Blockchain technology. One of the biggest changes that are already happening in the gaming space is utilizing the NFT technology in games, where players can earn tokens as a currency, or NFT (non-fungible tokens) in form of rewards that have actual value on the market.
Such game is Upland, which is gaining quite a bit of popularity over the past couple of years. This is why we decided to cover some of the fundamentals of the game and find out what is it about and how it works.
What is Upland?
This is a trading game of Tokens (NFTs) where players can purchase and trade virtual real estate using native UPX tokens or fiat currency. Living in times where the Metaverse is emerging, as Wizardia shows, many people jump into the fast-moving world to buy virtual real estate in hopes that it will hold some big value in the future.
Since we are talking about the Metaverse, the Upland game is perfect for getting into the market. It allows you to purchase virtual property that matches your real-world address.
The Upland game is very user-friendly and not overcluttered by piles of not understandable information, which means that even if you are new to the crypto and NFT space you can join fairly easily. Upland is available for PC and all mobile platforms, and provides a player with a chance to win real money by trading virtual real estate.
The best thing about the game is that it encourages people to spend their tokens, and the ability to earn some money while playing makes the game an instant hit.
In order to participate in the game, the process is actually quite straightforward. You only need your email address and complete your first mission just to receive 3UPX as starting bonus. The UPX is an in-game currency (token) that allows you to purchase land and trade.
The assets of the game come in a form of NFTs, and people can prove that they actually own these properties and no third party can take that away from them. However, Upland is unique just because it provides value to the NFTs in various ways.
Users can sell their NFTs for USD, or treat them as collectibles and keep them forever.
Who is The Creator of Upland?
Upland is a project created by three people who are now the co-founders of Upland. The first person is Dirk Lueth, who has been working in the technology field for nearly two decades. The second person is Mani Honigstein, who has been involved in the gaming industry for the past decade, and finally, Idan Zuckerman who worked as an analyst for an IT company and was the vice president of many game companies.
About the UPX Token
If you are new to the NFT game space, sometimes using a unique token can be confusing. However, Upland has a simple process of purchasing and using their private token.
Once you register in the game, you can purchase the UPX token with fiat money. The UPX token has an unlimited supply and it is distributed through monthly rewards and people who buy the token with real-world money.
However, the value of the NFTs (assets) in the game is heavily impacted by the price of the UPX token. Additionally, the price of the token can be affected by the supply and demand, and fortunately, the monetary economy of Upland is pretty stable allowing users to trade and gain value on their properties.
How Does Upland Work?
As we mentioned before, people can buy virtual properties using UPX tokens, that are based on real-world addresses, therefore have a limited number of virtual properties.
Once you purchase an asset in the game, you can later trade it or sell it for fiat. However, the game rewards players with UPX tokens as monthly rewards for people who keep their assets.
So, the process of playing Upland is pretty simple. You can browse through all the properties and purchase ones that you like that will be tied to your Blockchain wallet address.