Upland takes philanthropy to the metaverse: NFTs to support equitable playground access

TL;DR Breakdown

  • Upland is launching an NFT collection to fundraise for KABOOM!, a non-profit that builds playgrounds in historically underserved neighborhoods.
  • This initiative, blending metaverse assets with tangible charitable goals, marks Upland’s continued efforts in digital philanthropy, following previous successful collaborations with UNICEF Brazil.

Description

In a move showcasing the possibilities of the virtual realm merging with tangible world projects, Upland, a renowned metaverse platform mapped to real-world locations, is paving the way for charitable endeavors in the digital space. This time, the focus is on ensuring that children across historically disadvantaged neighborhoods have access to playgrounds. Metaverse’s in-game map … Read more

In a move showcasing the possibilities of the virtual realm merging with tangible world projects, Upland, a renowned metaverse platform mapped to real-world locations, is paving the way for charitable endeavors in the digital space. This time, the focus is on ensuring that children across historically disadvantaged neighborhoods have access to playgrounds. Metaverse’s in-game map assets, akin to NFTs, play a pivotal role.

Metaverse meets philanthropy: Upland’s unique approach

Upland’s latest charitable initiative revolves around supporting KABOOM!, an American non-profit dedicated to constructing and renovating playgrounds. With a legacy spanning over a quarter of a century, KABOOM! boasts of having built or rejuvenated over 17,000 playspaces.

The core idea stems from an evident alignment in missions. As per Danny Brown Wolf, the Chief of Staff at Upland, the objective to eradicate playspace inequity struck a chord with the Upland user community. The metaverse, which often mirrors the desires and aspirations of its participants, became a potent medium to address this real-world issue.

Thanks to the proactive involvement of community members – or ‘Uplanders’, as they’re fondly termed – KABOOM! was able to collaborate with the Upland management team. This joint venture will manifest in a unique fundraiser where the metaverse’s in-game map assets, akin to NFTs, play a pivotal role.

For the uninitiated, these map assets in Upland function much like NFTs (Non-Fungible Tokens). Users of the platform can procure a range of assets: from land parcels and houses to apartments and an array of virtual decorations to personalize their virtual habitats.

Playgrounds for a cause: The NFT sale

Embracing this model, Upland is launching an exclusive NFT playground collection consisting of 1,800 NFTs. The sales from these NFTs will be channeled directly to KABOOM!, although Upland will retain a nominal 10% transaction fee.

A fascinating aspect of this endeavor is the visibility of the minting process. Participants of the metaverse can witness an in-game representation: a factory diligently producing these virtual playgrounds. This engaging spectacle is scheduled to commence on Thursday, with the first wave of sales rolling out by Friday.

Adding a touch of community-centric authenticity, the NFT playground designs emanate from an Uplander with graphic artistry prowess. Danny Brown Wolf mentioned that there are five distinct playground designs within the collection. Upon purchasing, users can seamlessly integrate these playgrounds into their virtual backyards, elevating their personal metaverse experience.

Upland’s legacy of virtual philanthropy

While this initiative with KABOOM! has generated substantial buzz, it’s not Upland’s maiden voyage into the realm of charitable causes. In December of 2022, Upland married philanthropy with festivities, collaborating with UNICEF Brazil. The campaign was oriented towards bolstering UNICEF Brazil’s youth program, a noble endeavor to equip young adults with the competencies related to the metaverse and Web3, priming them for prospective roles within the industry.

Just as seasons transition in the physical world, so do they in Upland. Celebrating the winter spirit, Upland introduced an array of ornaments and winter gnomes, which users could acquire to embellish their virtual homes. This was soon followed by another heartwarming initiative in February, directed towards providing relief to the victims of the devastating 7.8 magnitude earthquake that shook the landscapes of Turkey and Syria.

These winter-themed sales collectively garnered a remarkable $89,692, as informed by Wolf to Blockworks. Wolf’s perspective on these initiatives is truly visionary. Drawing parallels with the contemporary digital landscape, she noted that most impact-driven organizations today have dedicated teams managing social media campaigns, including platforms like GoFundMe. 

Conclusion

The metaverse, often seen as a space for leisure, gaming, and social connection, is beginning to carve out a niche in philanthropy, with Upland leading the charge. By harnessing the engagement and vastness of this digital realm, initiatives like the one supporting KABOOM! have the potential to make palpable changes in our physical reality.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:Upland takes philanthropy to the metaverse: NFTs to support equitable playground access

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年9月23日 03:53
Next 2023年9月23日 05:51

Related articles

  • Australia’s Helio Lending faces major penalty for deceit

    TL;DR Breakdown Helio Lending, a cryptocurrency lending firm based in Australia, has been sentenced to a one-year non-conviction good behavior bond for making false claims regarding its possession of a local credit license. Australian Securities and Investments Commission indicated that the Company had falsely asserted its possession of an Australian credit license.  The ASIC initiated legal proceedings against the firm in April 2022. Description Helio Lending, a cryptocurrency lending firm based in Australia, has been sentenced to a one-year non-conviction good behavior bond for making false claims regarding its possession of a local credit license. On August 17, the Australian Securities and Investments Commission (ASIC) revealed that Helio Lending had been given the year-long good behavior bond, which would … Read more Helio Lending, a cryptocurrency lending firm based in Australia, has been sentenced to a one-year non-conviction good behavior bond for making false claims regarding its possession of a local credit license. On August 17, the Australian Securities and Investments Commission (ASIC) revealed that Helio Lending had been given the year-long good behavior bond, which would require the company…

    Article 2023年8月19日
  • European Investment Bank embraces blockchain for climate bond

    TL;DR Breakdown The European Investment Bank (EIB) has launched a Climate Awareness Bond, its first-ever digital bond using blockchain technology. The bond utilizes the so|bond platform developed by Crédit Agricole CIB and SEB, featuring the Proof of Climate awaReness (PoCR) protocol. The PoCR protocol incentivizes nodes to improve their infrastructures’ environmental footprint, linking rewards to reduced environmental impact. Description In a groundbreaking development in sustainable finance, the European Investment Bank (EIB) has launched a green bond that embraces blockchain technology, specifically engineered to foster climate action. This marks a historic first for the bank, turning towards digitization to advance its environmental agenda. This Climate Awareness Bond, worth roughly $120 million, runs on an environmentally … Read more In a groundbreaking development in sustainable finance, the European Investment Bank (EIB) has launched a green bond that embraces blockchain technology, specifically engineered to foster climate action. This marks a historic first for the bank, turning towards digitization to advance its environmental agenda. This Climate Awareness Bond, worth roughly $120 million, runs on an environmentally cognizant platform, presenting a unique confluence of finance…

    Article 2023年6月23日
  • Japan is using generative AI in schools

    TL;DR Breakdown Japan’s Ministry of Education plans to integrate generative AI tools, like ChatGPT, into classrooms for limited use. The Ministry will release guidelines on AI use in schools, including ethical use and data entry practices. While Japanese officials initially supported AI technology, concerns around data privacy and copyright infringements have prompted a push for stricter regulations. Description The Land of the Rising Sun is now leading a rising trend: incorporating generative artificial intelligence (AI) into its educational framework. Japan is venturing into uncharted territory by integrating these advanced technologies into its school systems, demonstrating a progressive approach to AI in education. This bold step from the Japanese Ministry of Education, Culture, Sports, … Read more The Land of the Rising Sun is now leading a rising trend: incorporating generative artificial intelligence (AI) into its educational framework. Japan is venturing into uncharted territory by integrating these advanced technologies into its school systems, demonstrating a progressive approach to AI in education. This bold step from the Japanese Ministry of Education, Culture, Sports, Science and Technology underscores Japan’s commitment to pushing technological…

    Article 2023年6月25日
  • Japan’s ANA builds an NFT marketplace and envisions metaverse possibilities

    TL;DR Breakdown Japan’s All Nippon Airways (ANA) develops a non-fungible token (NFT) platform called “ANA GranWhale NFT MarketPlace.” The new marketplace’s website says artists and creators can sell NFTs and trade some of them. Metaverse technology is becoming a key economic driver in Japan. An April white paper laid forth the government’s Web3 adoption intentions. All Nippon Airways (ANA), Japan’s largest airline group holding company, has established a non-fungible token (NFT) marketplace on the Ethereum blockchain, where users can buy and sell aviation photos, digital collectibles, and more. At its debut, the market will accept crypto and fiat currency payments through the MetaMask wallet and credit card. ANA Launches NFT Marketplace The company’s subsidiary ANA NEO, which focuses on developing immersive digital experiences throughout the All Nippon Airways ecosystem, launched the marketplace under the name ANA GranWhale NFT Marketplace. Aviation photographer Luke Ozawa, who has been documenting aircraft for fifty years, will have work featured in the first NFT collection on the website. ANA has launched an NFT business and the virtual platform ANA NEO will operate the “ANA GranWhale…

    Article 2023年6月7日
  • Skip Protocol unveils innovative block building technique for Cosmos

    TL;DR Breakdown Skip Protocol’s new software, The Block SDK, allows Cosmos block builders to segment blocks into distinct “lanes” with unique functions, addressing vulnerabilities like transaction frontrunning. The SDK enhances the mempool layer, enabling transactions to be placed in specific lanes, and promotes the potential of app chains by allowing them to tailor block space to their needs. Description In a groundbreaking move, blockchain infrastructure provider Skip Protocol has introduced a novel software development kit (SDK) that promises to revolutionize the way blocks are constructed on the Cosmos platform. Dubbed “The Block SDK,” this toolkit is set to offer block builders unprecedented modular control over transaction sequencing. This comes as a response to the … Read more In a groundbreaking move, blockchain infrastructure provider Skip Protocol has introduced a novel software development kit (SDK) that promises to revolutionize the way blocks are constructed on the Cosmos platform. Dubbed “The Block SDK,” this toolkit is set to offer block builders unprecedented modular control over transaction sequencing. This comes as a response to the limitations of the conventional block construction method, CometBFT,…

    Article 2023年8月27日
TOP