The Metaverse is a growing variety of virtual online platforms that incorporates these digital worlds with aspects of the physical world. Attending digital concerts of real artists, sporting events, building houses and even starting a virtual business are all possible in the Metaverse. Some of the most popular platforms are Decentraland, Sandbox, Axie Infinity, and Upland. If you haven't already, I highly recommend looking into each of them to find out more. We decided to focus on Upland mainly because the core feature of this platform is being able to buy, rent or sell the digital version of real-world properties as NFTs. As the Metaverse grows, Upland's creators plan to incorporate more elements of Web3 technology, continuing to expand on the possibilities of what players will be able to do with future of virtual real estate.
Upland is a Metaverse game that was developed on the EOS blockchain designed for buying and selling digital properties based on the Play-to-Earn approach. This gives participants the opportunity to make money while playing. Founded in 2018, Upland has grown significantly in popularity. As of writing this it is currently ranked #7 for Top Blockchain dApps overall and ranked #3 in the Blockchain Games dApps department. It offers opportunities for its players to buy, sell and trade NFTs of various properties and other collectibles that Upland has introduced for real money.
With the game's native token UPX, players can mint a series of NFTs that are fully tradeable on the platforms open market, and once they have reached 'Uplander' status players are able to part ways with their assets for real money. To date, players are estimated to have earned more than $1.5 million through Upland. For some, Upland blurs the line between a game and something that genuinely resembles an alternative space for people to work and socialize. It started out with just selling virtual properties, but Upland has grown into something much bigger than just a blockchain-based version of Monopoly.
As we mentioned before the core aspect of the game is digital real estate. For most, the buying and selling of virtual properties for a profit is the ultimate goal. However, Upland continues to introduce new and exciting things for players to stay engaged, active and give them new ways to earn passive income. Like in the real world, what players do with their properties is up to them. Some people choose to start in-game businesses, such as setting up shop on a property in order to trade and sell various items. Others have used their properties to showcase their digital as well as physical pieces of art in virtual galleries.
Players who visit these galleries and are interested in purchasing a piece of art can do so using fiat cash or even cryptocurrencies. Uplanders also have the option to make one of their properties the virtual headquarters of their real-life business. Business owners can give clients an Upland address where they can then meet and greet them at that location to discuss... well, business. Or whatever else they feel like talking about.😄 As the metaverse continues to grow, it wouldn't be surprising to see more and more companies adopting this model in the future.
New players to Upland are able to purchase more affordable homes when they start out via the FSA (Fair Start Act). Players will earn an annual yield on any property they own. To maximize profit, it is best to look for properties in collections to add to your portfolio. This will increase your returns and after holding that collection for 7 days you will earn a one-time UPX bonus for completing said collection. Once players earn 10,000 UPX they are eligible for Uplander status, which then gives them the ability to buy and sell their properties for fiat cash or UPX and also start earning "Spark". This is Uplands native utility token used to build structures on your properties. You can earn Spark through leveling up your character, treasure hunts or just signing in everyday will even earn you a little bit of Spark. Players are also able to purchase Spark from the Upland store during Spark Week.
Upland definitely has a unique platform and attracts people from all walks of life, and not surprisingly, real estate agents in particular. The Metaverse, especially Upland, is becoming more and more attractive to Real Estate Agents as a fun way to earn a little extra income and meet new people with similar interests through Discord, YouTube & Reddit. One in particular that comes to mind is Mark Ferguson.
As the Founder of Blue Steel Real Estate and InvestFourMore.com, he has been a Licensed real estate broker for about 20 years, owned over 200,000 square ft of rental properties and sold more than 1,000 homes. He has also written several books and has Discord and YouTube channels about Real Estate and some of his other interests. One of which happens to be...you guessed it, Upland! He is always on the go and still finds the time to stay active on his Upland Discord and YouTube channels. Keeping everyone updated with what's going on in Upland, as well as his real-world Real Estate businesses.
Make sure when you choose to sign up for Upland you subscribe to his channels... Knowing that there are real estate agents out there as successful as him, that holds such an interest in this space, definitely says something about its potential and what the future holds for the Upland Metaverse.
Yes, you can make money in Upland! As with all Play-to-Earn games, it is definitely possible to do so. In order to get to that point, you have to take the time to play and learn how to benefit from various aspects of the game. Unless you want to go ahead and put some money into it, learning the ins and outs will take time and effort in order to build up the experience and assets necessary to make any kind of profit.
We decided to save you some time and listed a few tips below to help you start your journey to becoming a virtual real estate mogul!
For most players that are just starting out it is important to mint new properties as soon as new cities are released. Upland typically offers more FSA properties at cheaper prices during new city releases, which they can then sell later on the secondary market earning a profit. All newly minted properties pay a higher yield. Yields are calculated in real-time and paid hourly. If you're not lucky enough to mint these properties first, you can buy them from other players through the secondary market. The yield may be reduced, so holding certain properties a little longer may give it more potential to go up in value. An easy way to find cheap properties is by going on UPX Land | Properties Search to look for FSA properties in various cities and find the best deals.
It is important to pay attention to your properties value so you can optimize your yields. To make sure they are maximized across your portfolio, be sure and remember to put your properties into collections! The highest yields come from minting large properties in areas that could potentially be in a collection. Going for a 100% yield strategy involves never buying on the secondary market and only minting properties to maximize your yield, potentially reaching as much as 20%.
Players can also earn UPX when other players visit their properties. There are a few ways Uplanders choose to do this...
Making their property unique- People enjoy being entertained and amused. Making your property interesting to visit or 'the place to be' is a good way to do that. It is also a good way to draw an audience and get your name out there, especially as a creator or business owner.
Make your visit price low- If the cost of visiting you is so low people barely notice, enough of these visits can become quite lucrative over time.
Go on Discord- There are several Upland Discords out there and many people in them are more than happy to help new players. Players will post the address of one of their properties and request people visit their property in order to get a little extra UPX in their pockets.
Spark is required to construct buildings and other things Upland has introduced to their platform recently. However, getting Spark isn't exactly an easy thing to do for most players, especially those just starting out.
In order to help, some players go on Discord looking for those in need and charge a small fee to rent out their Spark in order to help speed up the process for their projects to be completed. Being present in the community chats and integrating yourself into Uplands world can take some time, but once you've done this it can become a fun way to make some extra money.
Treasure hunting in Upland consists of sending your character to an already minted property clicking on the Treasure button on that property, which will then show you an arrow. The arrows help show if you're getting hotter or colder during the hunt, and it also costs a small amount of UPX to travel around and find these hidden treasures.
Be careful though, it is always a possibility that you may not find the treasure and you'll be left with less UPX than you started with. So, do your research on the cities you are visiting before you start your hunt. There are a few other ways fellow Uplanders have found to earn a profit in Upland, but for now we'll leave it with the ones that have already been mentioned.
To us, Uplands' future looks bright, and we believe that with the proper backing and support from the right partnerships it will only get brighter. They have an amazing team and I'm sure Upland will continue to be one of the top Metaverses in the space. It's not just that though - Upland truly has the potential to become an integral part of real estate sales in the physical world as well as the virtual world, and we can't wait to see that happen!
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