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Upland Allows Exchange of NFT Virtual Properties for Cash

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Upland Allows Exchange of NFT Virtual Properties for Cash
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Upland is the first-of-its-kind, next-gen blockchain metaverse mapped to the real world that merges social interactions and gaming with monetisation opportunities. To date, Upland players were able to transact via the in-game cryptocurrency UPX.

Now, with the introduction of Tilia Pay, players can start earning real money by flipping properties and in the future by selling all sorts of NFTs via operating their own virtual businesses in Upland.

Tilia Pay will enable Upland players to sell virtual properties, based on real-world addresses and represented by non-fungible tokens (NFTs), for US dollars. This makes Upland the first blockchain game to allow players to extract the monetary value of virtual goods back into real money in the real world.

“Creating virtual value and bringing it back as real money into the real world has always been an ultimate goal for us to get mainstream players into the Upland metaverse but we needed a robust payment partner that shared our vision and could scale,” Dirk Lueth, Co-Founder of Upland, said.

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Blockchain

Nefta Partners with Block Born

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Nefta, the Web3 technology platform, has announced a new partnership with blockchain gaming launchpad Block Born, providing support for NFT minting and a white label marketplace.

Founded by esports veterans, Block Born offers developers a comprehensive, accessible and user-friendly toolbox to integrate Game Services like tournaments, battle passes, quests and more. Block Born’s “no-code” admin dashboard allows non-technical marketing and product teams to create, launch and manage Game Services to increase player retention, create new revenue streams and differentiate themselves from competing games. The Block Born Launchpad offers developers a place to crowdfund by selling NFTs, in-game assets, or native tokens, funding new project ideas or content expansions for existing projects.

Nefta’s whitelabel suite and NFT minting tools will be integrated into Block Born’s platform, giving developers easy access to tools for developing successful Web3 games on the Tezos Blockchain, an energy-efficient and self-upgradable proof-of-stake blockchain.

With a team of esports veterans, and a world-class Game Services offering, Block Born strives to onboard dozens of games to the Tezos ecosystem in 2023. Now, with the Nefta partnership, aspiring games studios have the opportunity to centralise all of their Web3 elements in one place.

The partnership will be brought to life through Block Born x Nefta tournaments and Twitter spaces, alongside content focused around improving existing Web3 games, bringing the best of Web2 to Web3 and other technical discussions around the future of the space.

“We are pleased to be part of Block Born’s mission to make Web3 gaming fairer and more accessible, and we’re proud to offer our services to help bring their ambitious projects to life. Block Born is backed by some of the biggest names in the Web3 space, and their expertise combined with Nefta’s comprehensive end-to-end toolbox means we’re able to bring fun and fair Web3 experiences to more gamers,” Geeshan Willink, CEO and Co-Founder of Nefta, said.

Block Born is supported by some of the biggest names in the gaming industry, including the Tezos Foundation, gif.games, Balthazar DAO, Bloometa and Interpop. The new partnership with Nefta further reinforces its commitment to empowering Web3 studios, with a shared goal of making an accessible and streamlined gaming experience on the blockchain.

“With a shared vision of empowering Web3 gaming studios and making the blockchain more accessible, Nefta was the perfect partner to help us focus on building and growing great games. With Nefa’s support, we’re able to focus on what we do best, and help our partners successfully scale their projects, while making it easier than ever to integrate onto the Tezos blockchain,” Will Pazos, SVP of Block Born, said.

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Blockchain

Bet2Bank Launches New Gaming Experience with Blockchain and Web3 Technologies

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Bet2Bank, a blockchain-based project, has launched a unique betting experience that incorporates traditional fixed odds sports bets, a peer-to-peer custom betting dapp and staking pools. The platform aims to solve the critical shortcomings of traditional centralised betting platforms such as lack of transparency, security and high fees. Bet2Bank operates on a three-tier system, where users can gain access to various features by holding specific quantities of BXB tokens.

Bet2Bank facilitates its users with Betting-as-a-Service (BaaS) where a custom TG bot is connected to a smart contract that works with another bot to place low-risk sports bets automatically based on preset parameters and collected data. Users can deposit USDC, give the bot a command and it will return their USDC along with any profits. The P2P Custom Betting feature allows holders to create their own custom trades and play with other members to actively trade against them, enabling a wide range of gaming options and the ability to customise games to fit specific needs and market demands. Funds are held in escrow until the outcome of the event has been decided.

Moreover, BXB is a progressive ERC-20 blockchain based Web3 project that seeks to maximise the potential that DeFi and Web3 offer to the world of finance. The platform operates on a three-tier system, which requires users to hold specific quantities of BXB tokens to gain access to the various features available within the BXB/USDC ecosystem. The platform offers USDC reflections to all holders, enabling them to receive dividends in the form of free USDC by simply holding BXB.

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The blockchain technology’s influence on online casinos

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Blockchain technology has had a significant impact on various industries, and the online casino industry is no exception.

With the introduction of blockchain technology, online casinos have undergone a significant transformation, which has led to more secure, transparent, and fair gaming.

In this article, we will discuss how blockchain technologies have impacted the online casino industry and provide some tips on how to choose the best crypto casino.

What is Blockchain Technology?

Before we delve into the impact of blockchain technology on the online casino industry, it is essential to recap what blockchain technology is. At its core, blockchain technology is a decentralised digital ledger that records transactions in a transparent and secure manner.

The technology enables the creation of a digital record of transactions that is impossible to alter, making it highly secure and transparent.

Impact of Blockchain Technology on the Online Casino Industry

The online casino industry has undergone significant changes with the introduction of blockchain technology.

When analysing an online crypto casino on one of the leading benchmarking sites in Europe, such as hycasino.com, it is important to consider the evolution of the technology itself. Here are some of the ways blockchain technology has impacted the industry:

Transparency & Security

One of the significant impacts of blockchain technology on the online casino industry is the creation of transparency. With the use of blockchain technology, online casinos can provide transparent gaming, ensuring that all games are fair and the outcomes are based on chance.

Blockchain technology creates a transparent digital ledger that records every transaction made on the platform, providing a clear and immutable record of all gaming activities.

Another significant impact of blockchain technology on the online casino industry is the creation of a highly secure platform.

Online casinos that use blockchain technology provide a secure platform for their users, ensuring that all transactions are encrypted and protected from malicious attacks. The decentralised nature of blockchain technology also eliminates the need for a central authority, making it difficult for hackers to compromise the platform.

Fast Transactions

Blockchain technology has also had an impact on the speed of transactions in the online casino industry. With traditional payment methods, transactions can take days to process, but with blockchain technology, transactions can be completed in a matter of seconds.

This has enabled online casinos to provide their users with fast and efficient payment methods, ensuring that users can access their winnings quickly and easily.

Anonymity

Blockchain technology has also enabled online casinos to provide their users with anonymous gaming. With traditional online casinos, users have to provide personal information to create an account, which can be a cause for concern for some users.

However, with blockchain technology, users can create anonymous accounts, ensuring that their personal information is protected.

Choosing the Best Crypto Casino

With the increasing popularity of blockchain technology, many online casinos are now offering cryptocurrency payment options. However, not all crypto casinos are created equal. Here are some tips on how to choose the best crypto casino:

Reputation

The reputation of the crypto casino is an essential factor to consider when choosing a platform. You want to choose a platform that has a good reputation, with positive reviews from other users. You can check out online forums, expert websites like hycasino.com and social media platforms to see what other users are saying about the platform.

Security is another critical factor to consider while analysing the reputation of a crypto casino. You want to choose a platform that uses high-level security measures to protect your personal and financial information.

Tip: You may want to look for a platform that uses encryption technology and has a strong verification process for creating an account.

Game Selection

Game selection is also an essential factor to consider when choosing a crypto casino. You want to choose a platform that offers a wide selection of games, including traditional casino games and new and exciting games.

Tip: You may want to also look for a platform that regularly updates its game selection to keep things fresh and exciting.

Bonuses and Promotions

Bonuses and promotions are another factor to consider when choosing a crypto casino. You want to choose a platform that offers generous bonuses and promotions, including welcome bonuses, free spins, and other incentives.

Tip: You may want to look for platforms that have loyalty programs, VIP clubs, and other rewards for regular players.

Payment Methods

Payment methods are another important factor to consider when choosing a crypto casino. You want to choose a platform that offers a variety of payment methods, including a wide selection of cryptocurrencies.

Tip: You may want to look for a platform that offers fast and efficient payment processing, ensuring that you can access your winnings quickly.

Customer Support

Finally, customer support is an essential factor to consider when choosing a crypto casino. You want to choose a platform that offers 24/7 customer support, with knowledgeable and helpful support staff.

Tip: You may want to look for a platform that offers multiple support channels, including email, live chat, and phone support.

Conclusion

Blockchain technology has had a significant impact on the online casino industry, providing a more secure, transparent, and fair gaming experience. With the introduction of cryptocurrency payment options, users can now enjoy the benefits of blockchain technology while playing their favourite casino games.

When choosing a crypto casino, it is essential to consider factors such as reputation, security, game selection, bonuses and promotions, payment methods, and customer support. By considering these factors, you can choose the best crypto casino that meets your gaming needs and preferences.

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