Blockchain game Upland raises $7 million ahead of ERC-20 token launch – key information

• Blockchain game Upland, raising $7 million in a Series A funding round, points to the growing trend of blockchain-based
• Upland is stepping up development of the platform, planning to introduce new tools and marketing strategies, including an Ethereum-linked “Sparklet”
• Despite the decline in popularity of EOS, Upland considered the platform optimal due to Ethereum’s gas fees. Experts see great potential in blockchain games for the future of the gaming industry.

Upland, an innovative blockchain game where players can collect and trade virtual real estate, has announced raising an additional $7 million in a Series A funding round. This significant funding move, led by EOS Network Ventures, underscores the rapid growth of the blockchain-based gaming sector.

Upland expansion and strategies

This investment is not just about capital support. Upland, known for its innovative approach to crypto games, has plans to expand its platform, including the introduction of new tools for developers. In addition, the company wants to strengthen its market presence through marketing strategies. One of the most exciting plans is the introduction of “Sparklet” an Ethereum token linked to the game’s current token.

The future of blockchain gaming according to experts

Upland’s choice of the EOS platform is somewhat controversial, given the decline in popularity of EOS. However, Upland CEO Dirk Lueth stressed that EOS was an ideal choice at the time of the game’s inception, especially given Ethereum’s gas fees. SEGA co-CEO Shuji Utsumi and Double Jump Tokyo director Hironobu Ueno predict that blockchain technology will revolutionize the future of the gaming industry, as evidenced by Asia’s growing blockchain gaming market.

Summary

In the blockchain game Upland, players can trade virtual real estate. The company has just raised $7 million in a Series A funding round led by EOS Network Ventures. Although EOS is not the most popular platform at the moment, Upland CEO Dirk Lueth highlighted its benefits in the context of Ethereum gas fees. Upland plans to expand and introduce new features, including an Ethereum-linked “Sparklet” token. Experts point to the growing importance of blockchain-based games in the gaming industry.