SPARKLET is the native utility token of the immersive Layer-1 blockchain gaming platform Upland, which uses virtual properties to engage players, creators, entrepreneurs, developers, and brands in a digital economy where users participate in various activities to earn the Sparklet token.
Upland just released the SPARKLET token on exchanges and has announced Chapter 2 of its airdrop campaign where more coins will distributed to players and investors. In this article, we will learn all about the SPARKLET airdrop, understand what the token is, who is eligible, whether it is free, and when the token will be launching.
So, without further ado, let’s get started.
What Is Sparklet Token (SPARKLET)?
SPARKLET is the native cryptocurrency of the Upland ecosystem. The ERC-20 standard token that can be bridged to and from the EOS blockchain has several use cases on Upland, such as:
- Players need SPARKLET to build and develop their properties and neighborhoods in the game
- Entrepreneurs and creators use SPARKLET to build shops, factories, and showrooms to facilitate their player-owned and operated businesses that serve as primary and secondary marketplaces on Upland.
- SPARKLET is used to create NFTs and for minting other virtual assets on the game that can be traded and sold to other players. Third-party developers need the token to establish a presence in Upland via Dev Shops, allowing players to discover developer offerings.
- Partners and brands associated with Upland require SPARKLET to create virtual assets that are offered to players for purchase during events, mini-games, and competitions.
Moreover, SPARKLET can be staked by players to earn more tokens or to invest in other players’ projects on Upland.
SPARKLET Tokenomics
SPARKLET has a total supply of 1 billion tokens, out of which, 173.5 million coins are currently in circulation. The native utility token of the Upland metaverse has a market capitalization of $9.75 million, and it has attained $214,642 in 24-hour trading volume at the time of writing.
Currently, SPARKLET is trading at $0.0566 – down 11.25% over the past day.
What Is The Sparklet Token (SPARKLET) Airdrop?
The SPARKLET token airdrop is a campaign by Upland to distribute its in-game cryptocurrency to the border crypto community. Recently, the project launched the Share & Build SPARKLET Airdrop Chapter 2 event, which introduces new missions and rewards for Upland players to earn tokens.
The token distribution event can be seen as a marketing strategy to attract more players and investors to participate in the game and buy its cryptocurrency. It is also situated around SPAKRLET’s listing on major cryptocurrency exchanges like Bitget, HitBTC, and Gate.io.
Who Is Eligible For The SPARKLET Airdrop?
All existing Upland players and those who already purchased SPARKLET tokens will be automatically eligible to participate in the campaign.
The Chapter 2 airdrop involves participants completing various tasks like following the official Upland Twitter page, retweeting posts about the airdrop, and sharing project-related information to earn a portion of the 146,150 SPARKLET that will be distributed.
How To Claim The SPARKLET Token?
Here is how you can claim your free SPARKLET tokens:
- Create an account on Upland. Before signing up for the airdrop, it is important you already have an account on the Metaverse platform.
- Connect your Upland account to the project’s official airdrop page. This connection is essential for receiving your free SPARKLET.
- Participate in the social media missions assigned by the project to accumulate more points. Your level of engagement with Upland will determine the amount of SPARKLET you will receive.
- Wait for the token to be airdropped to your wallet connected to Upland.
- Once you have claimed the SPARKLET, you will need to stake the tokens on Upland for at least 30 days before bridging.
Is The Sparklet (SPARKLET) Airdrop Free?
Yes, the Sparklet airdrop is free to participate. All Upland players and EOS users can register themselves for the SPARKLET airdrop by connecting their Upland accounts to the token distribution portal.
Make sure that you have a minimum balance of SPARKLET tokens in your account as this will be used to pay the network fees while performing the transaction to deposit the airdropped SPARKLET.
When Is The SPARKLET Token Launching?
Upland has already launched its SPARKLET token on leading exchanges, such as Uniswap, Gate.io, HTX, MEXC, and Bitget. With the second round of the airdrop, Upland aims to list the tokens on other platforms. The airdrop is currently live and interested parties can sign up for it.
Conclusion:
SPARKLET is the native utility token of the play-to-earn metaverse game Upland. The in-game cryptocurrency was recently listed on popular exchanges like Uniswap, Bitget, Gate.io, and HitBTC, and airdropped to the game’s active players, developers, and investors.
Upland has announced Chapter 2 of the token distribution event where 146,150 SPARKLET will be airdropped to participants. The airdrop event is live, so make sure to keep tabs on the project by following its official social media channels and engaging with the Upland community.
The SPARKLET airdrop could be your chance to become an early investor in a unique crypto and blockchain project without making any significant financial contribution. Sign up for the airdrop today to claim one of the most in-demand new cryptocurrencies in the market.
Read more: How To Claim Energi Airdrop? Eligibility, Launch Date (listing date)