Upland Proves Why Buying Virtual Land Will Be the Next Big Thing
As the cryptomarkets may see their bull run continue for fungible tokens (aka Bitcoin, Ethereum, etc) in 2021, the asset class of non-fungible tokens (NFTs) will quickly catch up. An extremely interesting development in this asset class coincides with the rise of metaverses, or parallel worlds where people are spending more and more of their […]
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Upland is a mobile-first blockchain metaverse that allows users to buy virtual properties based on real world addresses, build on those properties to increase their value, and sell them to increase their virtual real estate portfolio. Upland has the unique position to attract mass markets due to the fact that the economy is built to be open and inclusive. Different tiers of costs allow everyone to participate in true ownership. Sign up to play Upland here.
Upland Maintains and Expands Metaverse Economy
Upland has been quietly expanding, growing, maintaining, and expanding the....
Upland has just hit a major milestone in their platform, and for the NFT landscape as a whole. Being one of the world’s fastest growing digital metaverses, Upland’s users have recently minted the millionth NFT property on the platform. Not long after being featured on CBS/Paramount Plus’ 60 Minutes+, Upland, the property trading metaverse, has reached a record-breaking milestone by surpassing over one million NFT properties minted in just 18 months since its inception. Upland is one of the world’s fastest growing blockchain games, with an active community of tens....
Metaverse Group has snapped up a lot of land and has said it has no plans to stop buying plots of metaverse land across various metaverse platforms. Metaverse Group, which is headquartered in Decentraland, announced on Nov. 23 that it had completed what it calls “the largest Metaverse land acquisition in history.”The subsidiary of Tokens.com snapped up 116 parcels of land “in the heart of the Fashion Street district” in Decentraland. The total size of the land purchased is equivalent to 6,090 square feet of land at the cost of 618,000 MANA tokens worth about $2.5 million.Metaverse Group....
Online communities that develop organically are the holy-grail of Web3 projects. Not only are they an indication of the strength of a virtual platform, but represent a cornerstone in the formation of social and economic immersion. While the web3 metaverse industry still relies heavily on token-incentives for user interaction, Upland is emerging as a unique platform where players form communities in a specific (virtual) geographic location. This trend has been discussed theoretically by crypto’s modern-day political philosophers. In his 2022 groundbreaking book The Network State, Balaji....
In the fall of 2017, NFT projects like Cryptokitties took off like a rocket. I had the opportunity to have a lot of discussions about the crypto space, NFTs, and the emerging metaverse. These conversations centered around how virtual land could become a viable alternative asset niche within cryptocurrency markets, and the metaverse. That’s when it clicked for me: humans have owned land for thousands of years all over the world, but now it’s being replicated digitally on computers around the world. Virtual real estate will have its own set of economic principles just like physical real....