Following a community vote approving the Sparklet white paper, Upland announced that Sparklet will be launched in the summer of 2024 as a new token on the Ethereum blockchain. Sparklet will be an ERC-20 fungible token that will enable Uplanders to trade their sparklet token outside of the metaverse. (Note that prior to June 2024, sparklet used to be called spark. The conversion rate is 1 spark = 1000 sparklet). Everything you need to know about how sparklet works can be found here.
Sparklet is required by players, entrepreneurs and designers, developers and brands. Listed as Crypto Daily’s top GameFi token of 2024, this page will teach you how you will be able to obtain this token. Sparklet can be directly obtained within Upland, but anyone will be able to purchase Sparklet on Ethereum and bridge it into the metaverse. As a utility token, sparklet is required to construct, manufacture and in the future power your metaverse vehicle.
For players who are active in the metaverse, you can obtain sparklet through treasure hunting, win contests, daily login bonuses, and during sparklet weekend it can be directly purchased. Learn more about these methods and sparklet here. If you are not active, or are looking to obtain large amounts of Sparklet quickly, buying Sparklet will be the way to go. Its important to note that Sparklet cannot be sold or transferred to other players within the metaverse. You can rent out your sparklet, but not sell it. The way to sell your sparklet will be by downloading it to the Ethereum blockchain through Upland’s portal. Learn how to do that here.
As mentioned, sparklet is a utility token so ideally, people who own it should be utilizing it otherwise it is going to waste. Sparklet can be rented out within the metaverse but if you are looking to sell it, you have to convert it to Sparklet on the Ethereum blockchain in order to sell it. If you just purchased sparklet, you should upload it to the metaverse and put it to use.
Sparklet is an important part of the Upland economy, as it enables players to sell spark they have no use for, or to enable both new and existing players to easily acquire the important resource that fuels the metaverse. Learn more about sparklet in our youtube playlist, and sparklet below.