The number of people who have played Monopoly must by now run into the billions, as the game has been around for many decades. And now there is going to be a blockchain version called ‘Upland’ that is already available in a beta version.
The digital property trading game is made by Uplandme and runs on top of the EOS blockchain. FinLab EOS VC Fund and several angel investors have invested a combined $2 million in the project.
Coindesk says, “Billed as “ ‘Monopoly’ meets blockchain,” as in the classic Parker Brothers board game, the game enables players to buy, sell, and trade imaginary properties based on real-world addresses. The twist is that instead of paper cards, it uses non-fungible tokens (NFTs), or digital collectibles similar to CryptoKitties, to confer ownership of an asset.”
Uplandme says, that unlike with most digital games, properties that are recorded on the blockchain throughout the gameplay will be truly owned by the players, not the gaming company. And just like in real life, land in this virtual realm has a fixed supply.
Uplandme co-founder Dirk Lueth, said, “We expect that the game momentum will be driven by the simple fact that there is a natural scarcity of available properties because they are based on real-world addresses.”
He told Coindesk how the game came about: “One game night, while playing Monopoly and watching the Netflix series ‘Stranger Things’ we got thinking about a property game in a parallel universe and realized how properties that are based on real-world addresses can be the perfect collectible NFT.” His partners in the project are Mani Honigstein and Idan Zuckerman, and they aim to disrupt the $50 billion market for mass market games.
Upland is currently inviting early adopters to join its wait list to gain first access to the BETA version. Anyone who becomes an Uplander by owning property before our main launch later this year will receive a special “Pioneer” status in the game.