Upland (SPARKLET) price

SPARKLET

#1374

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 the implementation of 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.

Summary: Sparklet is Upland’s utility token on Ethereum and Base, powers core loops—building, transportation, events, and services—and can be bridged between Upland and public chains. The result is a strategic, social world with real utility sinks and sources that drive ongoing in-world demand for Sparklet, plus on-chain access for traders and builders.

Upland was founded by Dirk Lueth, Idan Zuckerman, and Mani Honigstein, all of whom bring a wealth of experience in technology, gaming, and entrepreneurship. The team was inspired by the board game “Monopoly” and envisioned creating a unique blend of blockchain technology and virtual real-world properties, where stakeholders can play, earn income, and form meaningful connections within a highly engaged community.

Upland employs a diverse and global team of developers, designers, and business strategists, many of whom have experience from leading technology companies and startups. The team's expertise ensures continuous innovation and improvement of the Upland platform.