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

  • Blockchain firm raises $25m to revolutionize architecture

    TL;DR Breakdown Swiss-based Anoma Foundation has raised $25 million for the research and development of its third-generation blockchain architecture. This new architecture is touted to facilitate the creation of completely decentralized applications (DApps) and services, providing more composability and ease of use than existing protocols. Adrian Brink, the co-founder of Anoma, emphasized the “intent-centric” design of the architecture, aiming to further decentralize existing blockchain-based platforms. With a recent cash infusion of $25 million, the Swiss-based Anoma Foundation is advancing its development and research into a novel blockchain architecture. The ambitious initiative promises to disrupt the blockchain space with its innovative approach to decentralized applications (DApps) and services. This substantial backing underlines investors’ confidence in Anoma’s vision to redefine blockchain capabilities. A pioneering approach to blockchain architecture As one of the leading lights in the blockchain revolution, Anoma Foundation is making waves with its ground-breaking third-generation architecture. This advanced blueprint allows the creation of a myriad of fully decentralized applications and services. These include the likes of decentralized exchanges (DEXs) and blockchain rollup protocols – a stark departure from traditional smart…

    Article 2023年6月4日
  • Ankr launches AppChains on Ethereum

    TL;DR Breakdown Ankr has launched AppChains on Ethereum to overcome the network’s scalability challenges. AppChains are powered by WebAssembly (WASM) and Zero-Knowledge (ZK) proofs, which provide high performance and scalability for enterprise-level applications. The new solution outperforms existing Ethereum scaling solutions, allowing developers to code in any language and creating Web3 applications with enhanced interoperability. Description Amid the relentless acceleration of technological advancement, the world bears witness to a novel turning point as Ankr, a forerunner in blockchain solutions, inaugurates its trailblazing initiative – AppChains on Ethereum. This game-changing development addresses the pressing need for blockchain scalability, particularly on the Ethereum network, which is renowned for its unrivaled security and decentralization … Read more Amid the relentless acceleration of technological advancement, the world bears witness to a novel turning point as Ankr, a forerunner in blockchain solutions, inaugurates its trailblazing initiative – AppChains on Ethereum. This game-changing development addresses the pressing need for blockchain scalability, particularly on the Ethereum network, which is renowned for its unrivaled security and decentralization but often criticized for its scalability limitations. Breaking Through the Ethereum…

    Article 2023年6月30日
  • What is the EU fighting with China over? – Everything to know

    TL;DR Breakdown The International Motor Show highlighted Europe’s lag in the EV sector compared to China. The EU is probing China’s EV industry, signaling rising tensions and an attempt to reduce dependency on China. China has significantly subsidized and dominated the EV supply chain, leading to EU’s concerns about anti-competitive practices. Description When one gazes upon Europe’s grand automobile stage, the International Motor Show, top-tier brands like BMW, Mercedes, and Porsche typically steal the limelight. But recently, the golden aura of electric vehicles (EVs) couldn’t be ignored, signaling a startling truth: The EU’s automotive might is lagging behind China in this electric revolution. The EU’s Defensive Move … Read more When one gazes upon Europe’s grand automobile stage, the International Motor Show, top-tier brands like BMW, Mercedes, and Porsche typically steal the limelight. But recently, the golden aura of electric vehicles (EVs) couldn’t be ignored, signaling a startling truth: The EU’s automotive might is lagging behind China in this electric revolution. The EU’s Defensive Move Against China’s EV Domination While Europe revels in its storied history of combustion engines, China…

    Article 2023年9月15日
  • Binance Revolutionizes Security: Traders Can Now Secure Collateral at Banks

    TL;DR Breakdown Binance responds to increased demands for enhanced security measures by considering a solution that allows institutional traders to secure their collateral at banks, reducing counterparty risk. Collaborations with FlowBank and Bank Frick are being explored as potential intermediaries for this service, providing an added layer of security and instilling confidence among traders. In response to increased demands for enhanced security measures in the wake of FTX’s collapse, cryptocurrency exchange Binance is reportedly considering a solution that would allow institutional clients to secure their trading collateral at banks. Swiss-based FlowBank and Liechtenstein-based Bank Frick have emerged as potential intermediaries for this service, according to anonymous sources familiar with the matter. Contents hide 1 Binance Responds to Counterparty Risk Concerns 2 A Tri-Party Agreement for Enhanced Security 3 The Future Outlook and Binance CEO’s Perspective 4 Conclusion Binance Responds to Counterparty Risk Concerns In the aftermath of the collapse of FTX, which resulted in significant losses for numerous traders, Binance, a leading cryptocurrency exchange, is actively exploring measures to reduce counterparty risk for its institutional clients. Recognizing the growing demand…

    Article 2023年6月3日
  • CySEC approves eToro’s CASP registration ahead of MiCA 2024

    TL;DR Breakdown eToro has received approval from the Cyprus Securities and Exchange Commission to register as a Crypto Asset Service Provider in Europe. This development precedes the establishment of the Markets in Crypto-Assets Regulation, due in December 2024. The MiCA-approved registration enables eToro to offer a range of cross-border crypto asset services as part of a diversified portfolio across the EU.   Description The Cyprus Securities and Exchange Commission (CySEC) has approved crypto-friendly trading and investment platform eToro to register as a Crypto Asset Service Provider (CASP) in Europe. This approval marks a significant step for eToro, positioning it to offer regulated crypto services across the European Union (EU). The development comes ahead of establishing the region’s Markets … Read more The Cyprus Securities and Exchange Commission (CySEC) has approved crypto-friendly trading and investment platform eToro to register as a Crypto Asset Service Provider (CASP) in Europe. This approval marks a significant step for eToro, positioning it to offer regulated crypto services across the European Union (EU). The development comes ahead of establishing the region’s Markets in Crypto-Assets Regulation (MiCA)…

    Article 2023年9月22日
TOP