Upland

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Quick take:
<ul>
 <li>Upland allows players to generate revenue through gameplay, strategy and creations, which can be withdrawn directly to PayPal or via Upland’s in-game currency UPX.</li>
 <li>PayPal withdrawals are done in partnership with Tilia, an all-in-one payments platform created by the metaverse platform Second Life.</li>
 <li>Upland plans to launch its Ethereum-based token Sparklet in the first quarter of 2024.</li>
</ul>
GameFi platform Upland has revealed players withdrew more than $13.5 million in revenues from its platform in 2023. “This achievement underscores Upland’s thriving digital economy and its commitment to providing players with real-world value through virtual experiences,” Upland wrote in a press material shared with NFTgators.
The <a href="https://www.nftgators.com/what-is-the-metaverse/" rel="noopener noreferrer nofollow">metaverse</a> gaming and real-estate platform allows players to earn by playing games and selling their virtual assets.
Unlike most metaverse-based projects Upland allows players to trade in virtual properties that mirror real-world locations. Revenues can be withdrawn in the platform’s native currency UPX or in USD via PayPal.
The company has teamed up with Tilia, an all-in-one payments platform created by the metaverse company Second Life to facilitate USD withdrawals.
Commenting on the announcement, Dirk Lueth, Co-Founder &amp; Co-CEO of Upland said: “Upland is the leading entrepreneurial and creator economic hub in web3. With more than 3M registered users and the largest active participation in the space, we have managed to build a thriving, immersive digital economy.”
According to Lueth, the $13.5 million PayPal withdrawals “reflect the strength of the P2P community and is indicative of the power of <a href="https://www.nftgators.com/what-is-a-blockchain-game/" rel="noopener noreferrer nofollow">GameFi</a> and true ownership.”
This milestone also arrived hot on the heels of Upland’s <a href="https://www.nftgators.com/metaverse-super-app-upland-secures-additional-7m-in-extended-series-a-round/" rel="noopener noreferrer nofollow">$7 million fundraising</a> from EOS Network, C3 Venture Capital, and Animoca Brands, among others.
The company has established a diverse range of partnerships across different industries including FIFA, the NFL Players Association, UNICEF Brasil, and Susan G. Komen.
Upland boasts over 3 million registered accounts, nearly 300,000 landowners and more than 6 million <a href="https://www.nftgators.com/what-is-an-nft/" rel="noopener noreferrer nofollow">NFTs</a> sold. Besides selling virtual properties, Upland metaverse users can also engage in world-building and fun activities, like car racing.
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The post <a href="https://www.nftgators.com/upland-metaverse-users-made-13-5m-from-playing-games-and-selling-property-in-2023/" rel="noopener noreferrer nofollow">Upland Metaverse Users Made $13.5M from Playing Games and Selling Property in 2023</a> appeared first on <a href="https://www.nftgators.com" rel="noopener noreferrer nofollow">NFTgators </a>.

Upland Metaverse Users Made $13.5M from Playing Games and Selling Property in 2023

NFTgators

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