Upland, a blockchain real estate collecting and trading game, recently announced that it has successfully raised $7 million in a Series A extension round. The funding was led by EOS Network Ventures and will be utilized to further enhance the game's features, bolster marketing efforts, enable third-party developer tools, and launch an Ethereum token linked to its existing in-game utility token. With over 3 million registered players already, Upland has plans to expand its geographic reach. Despite a recent decline in the hype surrounding the concept of the metaverse, Upland remains confident in its potential and believes that the idea is still very much alive and thriving.
Expanding the Game's Features and Reach
The $7 million raised in the Series A extension round will provide Upland with the resources needed to add more exciting features to the game. By continually updating and expanding the gameplay, Upland aims to keep players engaged and entertained. The company is committed to creating an immersive experience that combines the virtual world with real-world locations, allowing players to collect, trade, and interact with virtual properties that mirror the physical world.
In addition to enhancing the gameplay, Upland plans to use the funds to expand its geographic reach. With over 3 million registered players already, Upland has proven to be a popular choice among gamers. By expanding into new regions, Upland hopes to attract even more players and create a global community of virtual property owners.
Embracing Third-Party Developer Tools
Upland's decision to enable third-party developer tools highlights its commitment to fostering innovation and collaboration within the gaming community. By opening up its platform to outside developers, Upland aims to encourage the creation of new and exciting features that will further enhance the gameplay experience. This move not only benefits the players by providing them with more options and opportunities but also helps Upland stay at the forefront of the rapidly evolving gaming industry.
Launching an Ethereum Token
Another significant development stemming from the Series A extension round is Upland's plan to launch an Ethereum token tied to its current in-game utility token. This move will further integrate blockchain technology into the game and provide players with additional opportunities to engage with the virtual economy. By linking the in-game utility token with an Ethereum token, Upland aims to enhance the overall value and utility of the virtual assets owned by players.
The Future of the Metaverse
Despite a recent decline in the buzz surrounding the concept of the metaverse, Upland remains optimistic and believes that the idea is still very much alive and thriving. The company recognizes that the metaverse represents a new frontier in gaming and virtual experiences, and it is committed to pushing the boundaries of what is possible. By continually expanding the game's features, embracing innovation through third-party developer tools, and integrating blockchain technology, Upland aims to create a virtual world that captivates and engages players on a whole new level.
In conclusion, Upland's successful Series A extension round, raising $7 million led by EOS Network Ventures, is a significant milestone for the blockchain real estate collecting and trading game. The funds will be utilized to add more features, expand the game's reach, enable third-party developer tools, and launch an Ethereum token tied to its in-game utility token. With over 3 million registered players and a commitment to pushing the boundaries of the metaverse concept, Upland is poised to continue its growth and create an immersive and engaging gaming experience.
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