Upland’s first tradable token, SPARKLET, is launching exclusively on Bitget’s Launchpool, giving users early access. Starting from 13:00 (UTC) on July 24, 2024, users can farm SPARKLET by staking Bitget Token (BGB) until August 1, 2024, with a total prize pool of 7,000,000 SPARKLET tokens.
The SPARKLET/USDT trading pair will also be available on the Bitget Spot market starting at the same time as the Launchpool.
Bitget and Upland Partnership Highlights
The announcement of SPARKLET’s exclusive launch on Bitget’s Launchpool follows the recent partnership between Bitget and Upland. As part of their collaboration, Bitget is building its virtual headquarters in the Upland metaverse. To support this initiative, Bitget has acquired Treasure Island, the last unminted neighborhood in Upland’s San Francisco, which includes 888 properties.
Upland, established in 2019, is a leading web3 platform with over 30,000 daily active players, 300,000 unique landowners, and more than 6,000,000 NFT sales. It has evolved into a Layer 1 metaverse, offering key infrastructure for an immersive web, including identity, liquidity, currency, land, no-code NFT creation, fiat on/off ramps, and governance.
Upland’s Strategic Move and Token Dynamics
Dirk Lueth, CEO of Upland, emphasizes that the launch of SPARKLET on Bitget’s Launchpool reflects Upland’s commitment to decentralization. He notes that this move will enhance Upland’s presence in the Web3 industry, attract more users, and strengthen the platform’s network effects by listing on top-tier exchanges like Bitget.
SPARK, Upland’s native utility token, drives all value creation within the platform. It is used for world-building, community projects, no-code NFT minting, and creating 3D map NFTs such as cars and decor items. SPARKLET is a smaller denomination, equating to one-thousandth of a SPARK. In May 2024, Upland users were airdropped SPARK tokens, which have now been converted to SPARKLET tokens on Ethereum.
Bitget’s Commitment and SPARKLET Listing
Gracy Chen, CEO of Bitget, highlights the company’s dedication to supporting promising crypto projects. Bitget’s commitment extends beyond simple listings, offering visibility, user engagement, and partnership opportunities through its Launchpool, Launchpad, and educational initiatives. The collaboration with Upland to build a Bitget-themed metaverse is seen as a mutually beneficial venture aimed at enhancing real-world impact for emerging projects.
The exclusive listing of SPARKLET on Bitget’s Launchpool grants users early access to Upland’s inaugural tradable token. This initiative also allows Upland users to trade their airdropped SPARKLET tokens on Bitget’s advanced platform. Previous high-potential projects listed on Bitget’s Launchpool include Merlin Chain (MERL), Ethena (ENA), and ZetaChain (ZETA).
To participate, users can visit the SPARKLET Launchpool on Bitget, select their preferred staking amount, and start earning tokens easily. For more details on accessing SPARKLET tokens, visit the provided link.
About Bitget
Established in 2018, Bitget has grown into a leading cryptocurrency exchange and Web3 company. With over 25 million users across more than 100 countries and regions, Bitget is dedicated to enhancing trading experiences through innovative solutions like its pioneering copy trading feature.
Previously known as BitKeep, Bitget Wallet offers a comprehensive suite of Web3 solutions, including multi-chain wallet functionality, swaps, an NFT Marketplace, and a DApp browser.
Bitget also fosters crypto adoption through partnerships with notable figures such as legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (wrestling world champion), Samet Gümüş (boxing gold medalist), and İlkin Aydın (volleyball national team).
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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