EthereumIndustry AnalysisNews

Upland distributed $13.5m to players in December 2023

1 Mins read

Upland, a web3 strategy game with over three million accounts, distributed over $13.5 million to players’ PayPal accounts in December 2023.

In a press release, Upland said this pointed to their commitment to empowering players with real-world value through virtual experiences.

Players can earn revenue through gameplay, strategic investments, and creations within Upland. This can be converted into Upland’s in-game currency (UPX) or directly withdrawn into USD via PayPal.

Upland’s partnership with Tilia, a payment platform designed specifically for the GameFi industry, processed these payments. Their involvement allowed Upland to bridge the gap between the virtual and real worlds.

Moreover, Upland remained compliant with U.S. regulations, providing a secure and trusted environment for users to explore metaverse opportunities.

Upland plans to launch Sparklet on Ethereum in Q1 2024.

“Upland is the leading entrepreneurial and creator economic hub in web3,” asserted Dirk Lueth, co-founder and co-CEO of Upland. “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.”

Part of Upland’s success involved striking partnerships with FIFA, the NFL Players Association, UNICEF Brasil, and Susan G. Komen.

The platform also recently launched Totems and raised an additional $7 million in Q4 2023.


1409 posts

About author
Harry is a crypto enthusiast and experienced trader with a track record of success. With a deep understanding of blockchain technology, he has analyzed market trends and identified profitable opportunities, resulting in impressive returns. Harry 's expertise lies in developing effective trading strategies that leverage the potential of cryptocurrencies. Through his articles, guides, and educational resources, he shares his insights and knowledge, helping individuals make informed trading decisions. With a keen eye for market patterns, Harry has navigated the volatile crypto landscape with confidence. Stay tuned for valuable perspectives and expert advice from Harry as he contributes to the Ailtra platform.
Related posts

Indonesia's presidential elections pose uncertainty for the thriving cryptocurrency industry

1 Mins read
Indonesia, has emerged as a formidable player in the global cryptocurrency space in recent years. However, the nation’s upcoming general elections in…

Understanding the Cryptocurrency Boom - Dogecoin Climbs Due to X Payment Integration, While Stellar and BNB Also Experience Growth

1 Mins read
The cryptocurrency market has been experiencing notable gains over the past few days. This is led by an unexpected and surprising spike…

Crypto Entrepreneur Charged with Defrauding Investors Out Of $150 Million Through Marketing Scheme

1 Mins read
Federal prosecutors have charged a German businessman with securities fraud, wire fraud and money laundering for allegedly scamming over 150 investors out…

🚀 Ailtra Crypto Bot Earned $8.9M Million in 7 Months with 0% Loss!

🚀 Ailtra generated $7.4 in 7 months only!

Unlock 20-75% Monthly Returns & Get $100 FREE!

Meet Ailtra Bot! Launching on 31st March an AI Crypto Bot boasting 20%-75% monthly gains and $7.5M earnings in 7 months. 💸Secure a FREE $100 bonus and up to $20K potential via referrals every month. 🎉Only 1,000 spots are available in first phase – claim yours fast! 🔥 will not disclose your account information to any 3rd parties.