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Upland, a popular web3 strategy game with a large user base, recently distributed over $13.5 million to players’ PayPal accounts in December 2023. This move highlights Upland’s dedication to providing real-world value to its players through virtual experiences.
Players in Upland have various opportunities to earn revenue through gameplay, investments, and creations within the game. They can convert their earnings into Upland’s in-game currency (UPX) or withdraw them directly into USD via PayPal.
Upland’s partnership with Tilia, a payment platform tailored for the GameFi industry, facilitated these transactions, bridging the virtual and real worlds. The collaboration ensured Upland’s compliance with U.S. regulations, creating a secure environment for users to explore metaverse opportunities.
In the upcoming months, Upland is set to launch Sparklet on Ethereum in Q1 2024. This move underscores Upland’s position as a leading hub for entrepreneurship and creator economics in web3.
Dirk Lueth, co-founder and co-CEO of Upland, expressed, “Upland is the leading entrepreneurial and creator economic hub in web3. With over 3 million registered users and the largest active participation in the space, we have built a thriving, immersive digital economy. The recent milestone reflects the strength of our P2P community and indicates the power of GameFi and true ownership.”
Upland’s success can be attributed to its partnerships with prominent organizations such as FIFA, the NFL Players Association, UNICEF Brasil, and Susan G. Komen. Additionally, the platform recently introduced Totems and secured an additional $7 million in funding in Q4 2023.
Disclaimer: This article is for educational purposes only and does not constitute investment advice. Readers are encouraged to conduct their own research before making any financial decisions related to the content mentioned.
