San Francisco, California, September 18th, 2024,
Chainwire
XYO, a decentralized infrastructure and
data sovereignty leader, and Upland, the premier immersive Web3
gaming platform, are excited to announce a strategic partnership to
develop groundbreaking use cases for gamified virtual and
real-world locations.
As brands increasingly explore
innovative Web3 models, they seek solutions offering seamlessly
integrated physical presence with their digital ventures. XYO and
Upland, both trailblazers in the Web3 space with extensive
communities, are uniquely positioned to deliver these
solutions.
XYO's COIN app leverages crowd-sourced
geospatial data verified by the XYO Network to reward users
worldwide with digital assets. Meanwhile, Upland offers an
expansive Web3 platform where users can own, trade, and develop
virtual properties mapped to real-world addresses. Its recently
launched utility token, SPARKLET, supports a broad range of
creators in their world-building activities. This collaboration
allows for a new level of interaction between physical and virtual
spaces.
Both companies will introduce the first
features in their respective apps starting in October 2024. Users
can participate in Learn & Earn campaigns in XYO’s COIN app,
which will reward them in the app and Upland upon
completion.
“XYO’s upcoming 'Learn & Earn'
initiative within the COIN App is a seamless extension of our
mission to harness the power of location and other forms of data in
the real world,” says Markus Levin, Co-founder of XYO. “With a
network that has engaged over 8 million nodes, our partnership with
Upland expands XYO’s ability to incentivize users to take control
of and benefit from their data. Upland’s vast virtual property
ecosystem aligns perfectly with XYO’s geospatial technology,
empowering users to earn rewards as they explore and interact
within digital and real-world environments. Together, we are
bridging the gap between the physical and virtual world, unlocking
new opportunities for participation and rewards through validated,
location-based data and beyond.”
“We’re thrilled to join forces with XYO
to pioneer new ways for users to experience the convergence of the
physical and virtual worlds,” says Dirk Lueth, Co-founder &
Co-CEO of Uplandme, Inc. “This partnership will unlock powerful
synergies between Upland’s expansive virtual ecosystem and XYO’s
expertise in geospatial technology, empowering users to engage with
real-world locations in innovative and meaningful ways.”
Founded in 2018 and 2019 respectively,
XYO and Upland have been pioneers in blending web2 and web3
technologies, adopting a “web5” approach with mobile-first
solutions and streamlined user experiences. Their collaboration
will introduce innovative cross-gamified experiences, starting with
Upland being featured in COIN App’s upcoming “Learn & Earn”
initiative, which rewards users for learning about and engaging
with partners like Upland.
About XYO
XYO is a Decentralized Physical
Infrastructure Network (DePIN) offering a comprehensive ecosystem
of consumer software, developer tools, a decentralized network, and
digital assets. XYO facilitates data aggregation, validation, and
use, empowering participants with data sovereignty and rewarding
them with the XYO token. The ecosystem supports applications in AI,
metaverse environments, and data analytics with immutable
blockchain data.
About Upland
Upland is an immersive Web3 gaming
platform that maps virtual properties to real-world addresses,
enabling true ownership and dynamic interaction within its digital
economy. Through its utility token, $SPARKLET, Upland supports a
vibrant entrepreneurial and creator ecosystem where users can buy,
sell, trade, and develop assets. Available on iOS, Android, and the
web, Upland is dedicated to creating one of the largest digital
open economies for the metaverse.
Contact
Leora
Schreiber
pr@marketacross.com