Upland, a web3 strategy game with over three million accounts, distributed more than $13.5 million to players’ PayPal accounts in December 2023.
In a press release, Upland emphasized their commitment to empowering players with real-world value through virtual experiences. Players can earn revenue through gameplay, strategic investments, and creations within Upland, which can then be converted into the in-game currency (UPX) or directly withdrawn into USD via PayPal.
Upland partnered with Tilia, a payment platform designed specifically for the GameFi industry, to process these payments. This collaboration enabled Upland to bridge the gap between the virtual and real worlds effectively.
Moreover, Upland ensured compliance with U.S. regulations, providing a secure and trusted environment for users to explore metaverse opportunities.
Looking ahead, 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 can be attributed to strategic 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.