Tag Archives: nfts

Upland, a virtual property trading game

What Is Upland?

Upland is a blockchain-based game in which participants can purchase, sell, and trade mapped-to-the-real-world virtual properties. Users can create properties and earn UPX coins by becoming “digital landowners.” The concept makes use of blockchain technology to connect each property on the Upland platform to an NFT.

 

Metaverse Properties offers land in prime Upland locations for individuals, organizations, and institutions ranging from conference and commercial venues to art galleries, family homes, and hangout areas.

 

Unlike many traditional games, Upland attempts to empower users to own their own properties in the virtual world. It embraces the concept of “playing to earn,” in which users may sell their holdings and earn real money.

 

Join forces with other Uplanders to create one of the largest communities and digital markets on the planet. Be the True Owner of your Blockchain-enabled digital assets.

 

Are Upland properties NFTs?

Yes. Each property in Upland represents an NFT that is linked to an EOS account.

What are NFTs?

NFTs, or non-fungible tokens, are blockchain-based fragments of cryptographic tokens. They are utilized in a virtual capacity for real-world commodities like as artwork, music, and even real estate. Unlike bitcoins, NFTs are not tradable or exchangeable due to their non-identical nature.

Consider baseball cards or a collection of rare coins. NFTs establish scarcity among otherwise infinitely available assets. Typically, they are used to purchase and sell digital commodities such as tweets, artwork, game skins, and virtual real estate.

 

NFTs had a banner year in 2021, with sales reaching $2.5 billion in the first half of the year. There are two methods to profit from NFT. The first is to sell your original content as NFT.

 

What is the Future of NFTs?

Any blockchain experiment’s future is unknown. However, analysts expect that NFTs will continue to spread beyond the realms of art and gaming, particularly if affluent investors continue to invest.

Additionally, the growth of NFT can be ascribed to its features, which include the ability to represent proof of ownership, give social status, grant exclusive access, manage to license, and certify authenticity. It enables you to own your products in the same way that Bitcoin enables you to act as your own banker.

 

What crypto is used in Upland?

UPX

Upland’s concept is based on the ideas of a free, open market economy, and the company makes use of the EOS blockchain to assure actual ownership of all assets. Once you acquire a property in the metaverse, it becomes yours in perpetuity. Each property in the metaverse earns a 17 percent annual UPX dividend.

 

Is it possible to earn real money on Upland?

Yes. You can sell real estate in both UPX and USD. Each property in Upland generates an annual revenue stream. At the moment, the annual yield is 14.7 percent.

 

Is Upland free?

Yes. Upland is available as a mobile app and at upland.me on the PC. It’s completely free to sign up and even more so to play if you’re okay with developing your net worth at a slower pace. Those interested in diving in will almost certainly want to spend some money to get started.

 

Check out this video below for Tips and Tricks on how to be successful in Upland.