Recently I started using Upland, After reading the whitepaper(WP) and joining the beta team I feel, Upland is heavily under rated dapp on EOS network.
2–3 months back EOS VC Fund invested 2 Million$ in upland, This is one of the biggest achievement for a Dapp which is not even launched yet.
what is so unique in upland than other dapps ?
upland is a monopoly game, it is not just to teach us how to manage our money/assets in our real life, it is a real world game which virtually replicated on blockchain. The biggest advantage in this game is there is no crypto currency in the game apart from a stable coin (UPX). It is not just for crypto world, we can invite our friends, family and neighbors to play the game and expand the game.
properties are the NFT's(non fungible tokens) which mirror real-world addresses and geo-boundaries. players need to buy these NFT's.
the average Joe who wants to start building his digital property assets, installing a blockchain wallet and funding an EOS account is a big task. to avoid this situation, upland created a proprietary wallet, that is integrated into the Upland game client, which not only securely handles account private keys, but also handles account creation and transaction signing. And the coolest thing is Upland never has access to any of the player's private keys, and Upland can never sign transactions on behalf of the player!
average Joe no need to worry about cpu or any other resources in game, everything is taken care by upland team.
It is too early to compare NFT's to crypto currency's but The ideas like NFT's can generate new industry and new economy.
The NFT's are not just Collectibles, It is not just pokemon cards, NFT's are the future of currencies, these currencies will generate value by creating new demand.
bitcoin was not adopted because of uniqueness but also underlying demands generated by bitcoin enthusiasts and their craziness of educating new users and inviting into the crypto world. upland properties has scope to expand based on users/players willingness to scalability of NFTs by creating demand, For example in monopoly game players explore the board and build restaurant, hotels and other things, these features generate (fake money) revenue in monopoly but what if these same features are applied to upland NFT's and we allow individual player to generate real money out of these NFT's ??
Each digital property in the virtual world of Upland is completely unique and visible on the EOS blockchain, and every property you own is truly yours. You can sell it. Trade it. Keep it forever. Whatever you wish–it's 100% yours! and instantly generate real income from the NFT's you brought, Properties in Upland are based on real world addresses, so every property is completely unique and naturally scarce.
The bigger picture is if you hold bitcoin in your wallet and it is generating income out of it by just holding it, still are you willing to trade your bitcoin for dollars ?? NFT's are the future bitcoins but these bitcoins has the scope to generate revenue by just holding them. Lets hope upland has greater scope and create new industry.
Upland income or revenue is based on your skills/actions taken by you. I am not here to guide any players or users. while writing this article upland is in beta stage.
upland link:
above link is not any referral.
Note: This article is not for any investment recommendation, it is for just to share my views on upland & NFT's. please do your home work before investing in any project. I own upland properties, I am not promoting upland here.
I like the concept of tradable NFT's. I think its going to be huge. However, I doubt one player is going to have a monopoly. In fact, I think eventually you'll see intraoperability amongst the various blockhchains.