Upland hands out $13.5 million to players in December 2023
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Upland, a web3 strategy game with over 3 million accounts, distributed over $13.5 million to players’ PayPal accounts in December 2023.
Upland said in a press release that this demonstrates their commitment to delivering real-world value to players through virtual experiences.
Players can earn income through games, strategic investments and creations within the Highlands. This can be converted to Upland’s in-game currency (UPX) or withdrawn directly to USD via PayPal.
Upland partners with Tilia, a payments platform designed specifically for the GameFi industry, to process these payments. Their participation allows Upland to bridge the gap between the virtual and real worlds.
In addition, Upland remains compliant with U.S. regulations and provides a safe and trustworthy environment for users to explore virtual world opportunities.
Upland plans to launch Sparklet on Ethereum in the first quarter of 2024.
“Upland is the leading hub for entrepreneurship and the creator economy in web3,” said Dirk Lueth, co-founder and co-CEO of Upland. “With over 3 million registered users and the largest active engagement in the space, we have built a A thriving immersive digital economy. These recent milestones reflect the strength of our P2P community and demonstrate the power of GameFi and true ownership.”
Upland’s success is due in part to close collaboration with FIFA, the NFL Players Association, UNICEF Brazil and Susan G. Komen.
The platform also recently launched Totems and raised an additional $7 million in Q4 2023.
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