Imagine a digital world where you can actually own virtual properties based on real locations. Upland makes it a reality. With a variety of features and a thriving decentralized economy, Upland is revolutionizing the gaming landscape. Immerse yourself in this extraordinary meta universe where millions of players are already exploring, earning and building their virtual empires. Upland made some big strides in 2022, and there’s more to come in 2023.
Protecting Real Property with Blockchain Tech
At the core of Upland’s value proposition is the guarantee of true ownership of all digital assets. Using the EOS.IO blockchain software and running on the EOS mainnet, Upland ensures that virtual properties remain secure and scarce resources. Each property is unique and can only be owned by one player at any given time.
Upland’s goals and appeal
Upland appeals to a diverse player base with engaging features such as owning virtual luxury properties, trading and making deals, and engaging in location-based experiences. In addition, it offers a parallel economy where decentralized transactions enable a new type of value creation and exchange.
The numbers speak for themselves. Upland now boasts over 3 million users. It features a real-world map of 20 live US cities, and in 2022 expanded internationally to include Rio de Janeiro and Porto. What’s more, players have earned over $1.8 million USD by trading Upland real estate through their digital NFT-to-USD program . This app allows players to list real estate for USD. When someone buys your property, you get USD in your account instead of UPX (Upland’s in-game currency).
MetaVentures
Metaventures represent player-owned and operated shops in the vibrant Upland Metaverse. Backed by a robust economic structure, these enterprises enable metauniverse entrepreneurs to create new economies.
As Metaventure owners , players can establish their own brand by creating and selling digital assets. They can also act as brokers for other players and lend in-game assets to other players. In addition, the introduction of the sub-seller feature enables all Uplanders to showcase their digital assets by partnering with Metaventure store owners. This development provides even more opportunities for Upland players to earn and connect, contributing to the continued growth of the virtual economy.
Last November, Metaventures had gross sales of UPX 145 million. The explosion didn’t stop there: Metaventure’s sales figures were even higher in December with a record 31,000 transactions. https://www.youtube.com/embed/AF-chdkJO2A?enablejsapi=1
Upland NFT
3D map objects in Upland are unique NFTs that appear on the surface of the map. The NFT contains all the important data in the blockchain, such as the size class of the building. At the same time, metadata such as the actual 3D asset is notarized on the blockchain using IPFS, ensuring a seamless and secure integration of these elements into the Upland environment. Some of the NFTs offered to Upland users include:
ASSETS TIED TO OWNERSHIP
These NFTs are inextricably linked to a piece of property and cannot exist independently. A clear example of such a property asset is a building. Because these items remain tied to a specific property, they cannot be traded separately from the property they are associated with.
PORTABLE ASSETS
Transferable assets are not tied to any property. This means that they can be traded independently. Although these NFTs always belong to a specific location on Upland, the owner of these assets can move them from one location to another. Examples include decorative items or cars.
TWO-PHASE ASSETS
Initially, these NFTs exist as portable objects that can be traded freely. However, once a two-phase asset is attached to a property, it becomes a tied asset, losing its ability to be sold independently of the linked property.
Buying real estate in Upland
In Upland, players have different ways to acquire property:
Block Explorer: Players use the game part called “block explorer” to travel through the streets of the city and discover new places. Properties visited by the block explorer can be purchased.
Player Location: Players can link their block explorer to their physical location using their mobile phones and purchase available properties nearby.
Market: Players can buy, sell or make offers on properties in the market, with offers held in escrow until they are accepted or rejected.
Mystery Packs: Players can purchase packs containing multiple properties from the Upland Shop by leaving or selling them in the market.
Paper Documents: Obtainable through marketing campaigns or other players, paper documents include QR codes that represent properties and can be added to a player’s account.
Big plans for the future
At the end of last year, Upland announced a series of updates that should be released next year. One of the most anticipated updates is a major overhaul designed to improve the quality of life and simplify the process for new players. This includes guided gameplay to help newcomers quickly understand Upland’s unique mechanics, effectively lowering the barrier to entry and encouraging community participation.
Upland is also focusing on expanding its Metaventures in the new year. Players can look forward to the growth of Structure Ornament shops and the open beta of Outdoor Decor item production aimed at boosting player trade.
Finally, Upland plans to make its NFTs, including properties and block explorers, searchable on both Upland’s platform and Google Search. This will make it easier for players to find the assets and collectibles they want and expand the reach of Metaventures.
Final thoughts
Upland is a prime example of NFT and Web3 in action, showcasing an innovative virtual property game based on real-world addresses powered by blockchain technology. Upland showcases real ownership and immersive gameplay, constantly evolving to offer a world of possibilities. Players can immerse themselves in a decentralized economy supported by Metaventures, NFTs and various features that enhance the Upland experience.
