GameFi (Game Finance) demonstrates DeFi (Decentralized finance) through video games, where you can earn valuable items in games as NFTs (Non-fungible Tokens) and generate huge profits from it! NFTs are unique and non interchangeable units of data on the blockchain, associated with some assets and grant proofs of ownership to them. This grants you ease and justified rights to trade your items earned. Unlike cryptocurrencies (e.g.Bitcoin), the price of each NFT varies since different NFTs represents different assets (e.g. artwork and lands). Below suggests how you can grow your assets easily and generate passive income and cashflows from them, given the opportunity of GameFi and NFTs and the ways can be free of charge!
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In Upland, you can buy, sell and trade virtual properties mapped to real addresses. Build your dream house, start a virtual business and earn UPX coins or U.S. dollars by selling your NFT properties in a free and open marketplace. Here, your in-game assets have real-world value thanks to Upland's digital economy built on the EOS blockchain. City tours, scavenger hunts, treasure hunts, hidden pinatas, and live property auctions are just a few adventures waiting for you in Upland.
Upland Link: r.upland.me/1VsR
Go to Upland and register your account.
In Upland, your avatar is called your "Block Explorer." You may change its appearance later in your profile. Your Block Explorer constantly wanders the Upland metaverse, searching for unique and interesting properties to acquire. Its path is random and automatic, so you cannot control its direction directly.
Picking a city is an important decision. If you decide not to stay in your selected city, you'll need to pay to take a train, plane, or bus to visit a new city.
Property Pricing
Cities are priced based on real-world market conditions in each city, and property prices are a function of the average price per UP2 (our metaverse equivalent to Sq Ft) in any given neighborhood in a city. All properties are priced in UPX, the native currency in Upland; for quick calculations, assume 1,000 UPX = 1 USD.
As much as Upland is a property trading game, it's a social experiment. One of the strongest things about Upland is the community of Uplanders. Tens of thousands of players contribute to a thriving community and are creating a metaverse culture driven by collaboration, competition, and innovation. We recommend joining Upland on Discord to see what both new and experienced Uplanders are up to: discover.upland.me/discord
After you have purchased a property, you can earn by selling it or holding it. When other players visit your property for travelling, they will have to pay you some UPX. You are also rewarded for completing some sets of collection of properties.
To date, players have earned over $1.6M US Dollars by trading properties in Upland! This is all facilitated by our NFT-to-USD program, courtesy of Upland's partners at Tilia Pay. This program enables players to list any property directly for US Dollars, meaning when another player purchases your property you'll have US Dollars deposited into your account instead of UPX. While NFT-to-USD only currently supports property sales, it will be expanding to support all types of NFTs in the Upland metaverse, including Legits, Block Explorers, and more!
The vision for Upland is a fully-realized digital metaverse that blurs the lines of the physical and virtual worlds. Eventually, Upland will house arcades, marketplaces, businesses, exchanges, community governance, and much more!