Bitget is making a significant move into the metaverse by partnering with Upland and listing the SPARKLET token, aiming to create an immersive “Traders’ Hub” on Treasure Island.
Points
- Bitget has purchased Treasure Island in Upland, creating a new virtual “Traders’ Hub.”
- SPARKLET token will be used for various activities within Upland, including staking for rewards.
- A series of giveaway campaigns will celebrate the partnership, including farming SPARKLET and a leaderboard challenge.
- Upland users who owned SPARKLET before the Token Generation Event （TGE） will receive rewards over six months.
- Bitget’s CEO highlights the company’s dedication to supporting emerging projects.
Bitget has announced its ambitious entry into the metaverse through a new partnership with Upland, a leading immersive Web3 gaming platform. This collaboration marks Bitget’s commitment to offering an innovative and engaging experience for its users. Bitget will establish the “Traders’ Hub” on Treasure Island, featuring the Bitget Headquarters and an educational café.
In a strategic move, Bitget has purchased Treasure Island, the last unminted neighborhood in Upland’s San Francisco, which consists of 888 virtual properties. These properties will serve as rewards, presenting a unique opportunity for users to acquire unminted properties in a fully sold-out neighborhood.
To commemorate this partnership, Bitget will host a series of giveaway campaigns, including:
– Bitget Launchpool to Farm SPARKLET: Users can earn airdrops within Upland.
– Utility of SPARKLET in Upland: Stake SPARKLET for UPX rewards, build structures, or create no-code NFTs to enhance rewards.
– Leaderboard Challenge: Compete for exclusive rewards, including properties on Treasure Island and a unique Bitget car replica NFT.
Upland users who owned SPARKLET prior to the Token Generation Event （TGE） will be rewarded with a special pool of 3.5 million SPARKLET tokens distributed over the next six months. Additionally, Bitget will reward these users with a drop from a $50,000 pool of Bitget Token （BGB）.
The token generation event （TGE） for SPARKLET will be a major highlight, allowing platform users to have priority access. The farming for SPARKLET begins at 13:00 （UTC） on July 24th and ends on August 3rd, 2024. Users can stake BGB to earn from a total prize pool of 7,000,000 SPARKLET tokens, and the SPARKLET/USDT pair will be listed on the Bitget Spot market with trading commencing simultaneously.
“At Bitget, our support for crypto gems goes beyond a simple listing. We are dedicated to helping promising projects gain more visibility, users, and partners through our Launchpool, Launchpad, and various educational and reward initiatives. Our collaboration with Upland to create a Bitget-themed metaverse is a mutually beneficial and exciting endeavor. We aim to become the top choice for more emerging projects in the future, aiding them in creating a greater real-life impact,” said Gracy Chen, CEO at Bitget.
Dirk Lueth, Upland’s co-founder and co-CEO, expressed his enthusiasm about the partnership:
“At Upland, we love innovating with partners. Our initial discussions with Bitget made it evident that this would be a fantastic collaboration. Building out Treasure Island together and transforming it into a ‘Trader’s Hub’ using SPARKLET is a truly groundbreaking example of partnership-driven product development. This project showcases the power of collaboration to strengthen community bonds and propel Upland forward.”
解説
- Bitget’s entry into the metaverse via Upland demonstrates the growing trend of integrating blockchain technology with virtual environments.
- The acquisition of Treasure Island and the creation of the “Traders’ Hub” highlight Bitget’s strategic investment in virtual real estate.
- The SPARKLET token’s utility in Upland, such as staking for rewards and building structures, emphasizes the practical applications of digital currencies within virtual platforms.
- The series of campaigns and rewards tied to SPARKLET aim to engage and incentivize users, promoting active participation in the metaverse.
- The partnership aligns with Bitget’s broader mission to support and elevate emerging projects through various initiatives, potentially setting a precedent for future collaborations in the blockchain and virtual reality space.