Upland is an immersive layer 1 gaming platform that uses virtual properties of the real world to engage players, creators, entrepreneurs, developers, and brands. The platform leverages the principles of the open metaverse to create a digital economy where users participate in various game loops and activities, earn in-game currency, and engage with a vibrant community. Third-party developers can connect their Web2 and Web3 applications to the platform, benefiting from Upland's infrastructure, user base, and economy. Upland runs on the EOS blockchain, providing a secure and scalable environment for its ecosystem.
SPARKLET is Upland's native utility token. It is an ERC-20 token that can be bridged to and from EOS. Ecosystem participants use Sparklet for various functions:
Players need SPARKLET to build and develop their properties and neighborhoods with various buildings and structures.
Entrepreneurs and Creators use SPARKLET to build shops, factories, and showrooms to facilitate their "Metaventures"—player-owned and operated businesses serving as specialized primary and secondary market shops in the economy. Sparklet is also used to create user-generated content (UGC) NFTs and for the no-code manufacturing (minting) of virtual assets that can be traded or sold to other players. Third-party developers use SPARKLET to establish a map presence in Upland via "Dev Shops," unique constructions that allow players to discover and launch developers’ offerings. SPARKLET fuels implementing their zero-code Web3 and NFT strategy using the Upland platform.
Partners/Brands (e.g., FIFA, NFLPA, UNICEF, Stock Car Pro Series) require SPARKLET, similar to Upland Entrepreneurs. Partners/brands create virtual assets that are offered to players for purchase during events, mini-games, and competitions. SPARKLET powers the partner's/brand’s metaverse strategy for fan engagement, co-creation, and monetization in the open metaverse.
In Upland, SPARKLET can either be "staked" (i.e., allocated to a task for its duration) or "spent" (used to achieve an immediate outcome), depending on the use case. Players can also stake Sparklet towards other players’ projects.
