KuCoin AMA With UpOnly (UPO) — The First Play-to-Earn Gaming Analytics and Prediction Platform
Dear KuCoin Users,
Time: April 6, 2022, 13:00-14:17 (UTC)
UpOnly is addressing pressing market demand. There is currently no comprehensive data directory dedicated to covering the play-to-earn and blockchain gaming industry. UpOnly will not only deliver comprehensive data about play-to-earn games but also present it in a highly actionable format. UpOnly is also unique with its prediction platform, a decentralized infrastructure that will reward spectators for predicting the outcome of play-to-earn events. There is currently no such infrastructure, and we’re already partnering with top games to make it happen.
Official Website: https://uponly.com/
Natthapol “Top” Assarasakorn — CEO of UpOnly
Q&A from KuCoin
Q: Can you please introduce yourself and UpOnly (UPO) to the KuCoin Community?
Top: I'm Top, CEO of UpOnly. Before UpOnly, I worked with major multinational enterprises to help them introduce blockchain solutions to address key bottlenecks within their operations. This gives me solid experience in tech, and I've gained connections along the way with developers and other business professionals.
In addition to introducing such blockchain solutions, I managed large development teams and helped them optimize their tech stack and project pipelines.
To introduce UpOnly, let me start with our 'why'.
After observing the rapid growth in the play-to-earn and Metaverse segments of the broader crypto economy, a pressing need for a solution like UpOnly emerged. Interest in blockchain-based gaming was surging, and new projects were coming online every day. However, players were overwhelmed with the vast amounts of new data and games that were being released. Despite the huge interest in these games, players were being overwhelmed by the sheer amount of projects being released. They had no means to identify and capitalize on the best play-to-earn opportunities. The current data directories only cover blockchain-based gaming in a rudimentary manner, providing basic data such as token price movements.
It was clear that a pressing need for a well-rounded and robust play-to-earn data platform was emerging. We started designing UpOnly from the ground up to cater to this need. We put together an exemplary executive and development team and started to build a vast data directory that was solely focused on the play-to-earn and Metaverse spaces. Every project on the platform will have its own dedicated analytics page where users can find insightful and actionable data on the given project. We believe this will solve major pain points that we all face, whether you are a crypto pro or a newcomer in the space.
In addition to this, we were aware that the population of play-to-earn and Metaverse gaming spectators was quickly growing. We wanted to build a tool to allow such spectators to earn from their spectatorship activity. Alongside the data directory, we are building a decentralized predictions platform that allows anyone to speculate on the outcome of play-to-earn and Metaverse gaming events. While development has been underway, we have also put together a media arm that is committed to producing sublime content and research on the play-to-earn and Metaverse industries.
Simply put, UpOnly will be your #gameficompass. We are a data directory for metaverse and P2E projects. We'll include everything you need to know to make the right decision, whether you're an investor or player. Furthermore, we have voting and predictions features for users to engage with the platform.
It's a data-driven, user-fueled platform!
Q: How is UpOnly going to help the crypto gaming space? And who will benefit from UpOnly?
Top: UpOnly will shine a spotlight on the broader play-to-earn and Metaverse industries. Our data directory will bring immense value to gamers in these fields by providing a platform where they can easily identify and understand the most lucrative opportunities within play-to-earn and Metaverse games. Gamers will now have a one-stop shop where all of their play-to-earn needs can be met. They can identify the most promising opportunities and optimize their performance to capitalize on them.
On the other side, play-to-earn and Metaverse games will be able to expose their offerings to a huge audience of gamers. By streaming their on-chain data to the UpOnly platform, they will have a dedicated analytics page and will be covered by our in-house media team. This will help promising play-to-earn and Metaverse projects onboard new users and promote their projects in regions worldwide. UpOnly will provide huge benefits to both play-to-earn and Metaverse gamers and the projects themselves.
So gamers, investors, project owners, and spectators will find functions on UpOnly useful for them. We will ensure the UX/UI is top-notch so that the platform is easy to navigate and the data presented is accurate and easy to digest, even for crypto newbies.
We'll lower barriers to entry and support mass user adoption as the users will not find the information overwhelming. Also, we have observed the power of community in all projects. On UpOnly, users will be able to share their views about a project too. We often see that peer review is more authentic than one or two big KOLs.
Q: Can you please explain the utilities of $UPO?
Top: Our native $UPO token plays an integral role in the UpOnly platform. Third-party projects will be required to stake $UPO to stream on-chain data to the UpOnly platform. This data will also be reviewed by our in-house team of analysts to ensure veracity. $UPO token holders will also be able to use their tokens to vote on the quality of different elements of a project. Elements such as marketing strength, token analysis, roadmap, and much more can be voted on by $UPO token holders.
Their contributions can also be shared with project owners in a premium product, allowing the project to view such valuable community feedback and improve its material quality.
It's clearly a win-win! $UPO will also be central to the predictions platform. Any bets on play-to-earn and Metaverse events will be made with $UPO, and the payouts will also be in $UPO. Other uses of the $UPO token include staking and platform governance. $UPO stakers can earn up to 25% APY. They will also play a role in platform governance, with holders having a say in the future evolution of UpOnly.
Q: What are the key features that will be launched in phase 1 of your project?
Top: Phase 1 will be focused on rolling out the data directory of UpOnly. This is the foundation of our platform, and we have completed tremendous development work to ensure that the directory operates seamlessly and provides immense value to play-to-earn and Metaverse gamers. We have implemented a sublime design, and users will be able to easily navigate our initial directory listing to provide the best opportunities within play-to-earn.
We have secured a partnership with over 50 P2E and metaverse projects, and we're expanding every day so that our users will get comprehensive data from projects. We do the research for you! We have partnered with scores of projects to be included in our initial listing, so initial users will have tremendous earning potential at their disposal with the directory. You'll be the first to know!
The project voting mechanism will also be introduced in phase 1. $UPO token holders will be able to vote on the quality of various elements of a project's ecosystem. Project owners who have access to such data will be able to improve the fundamentals of their projects.
We are extremely proactive when it comes to finding the projects. Our analysts and data team are super strong. The 'list with us' feature is available as well. Top contributors will have a chance to win $UPO tokens too. We call it a 'contribute-to-earn- model.
If users would like to seek certain information about a project, they can submit a request. We can be a bridge to get information from the project owner team as we have direct contact with them. So it's not a one-way data directory. Users are encouraged to participate in a platform.
Q: Why should investors invest in UpOnly?
Top: Investors who make an allocation to UpOnly are exposing themselves not only to a rapidly growing industry but also to an infrastructure that is addressing a critical gap in the market. Play-to-earn and Metaverse gaming has been undergoing tremendous growth, and UpOnly is positioning itself to be a leading tech solution in this market.
Being a first-mover in this sector means we'll lead the market. It allows us to shape how the information is presented.
As the need for this tech solution grows, the value of UpOnly will naturally rise as increasing amounts of $UPO are locked up by users who are staking and third-party platforms who are locking their $UPO to stream data to the platform. In addition to this, UpOnly investors are showing their early support for a platform that is looking to radically improve data transparency and gamer utility in the play-to-earn and Metaverse industries. To support UpOnly is to support the wider play-to-earn and Metaverse markets. If you are bullish on the play-to-earn gaming and Metaverse fields, then you should certainly be bullish on UpOnly!
We'll keep introducing more use cases, features, and collaborations to attract more users. Stay tuned!
If not enough, see our platform preview here!
Q: What are the requirements needed for games to be listed on UpOnly?
Top: Games that wish to list their on-chain data on UpOnly will be required to stake a specified number of $UPO tokens. We have already formed partnerships with some extremely exciting play-to-earn and Metaverse projects in the space. These projects will be included in our initial directory rollout. However, we will be releasing detailed instructions on how they can stake $UPO tokens to stream their data to the platform for future projects. They will also need to provide static data pertaining to their project, and dynamic data such as token price will be streamed through an API.
Project owners will also have access to a portal that will allow them to update their project data. Our in-house team of analysts will ensure the accuracy of data streams and updates. Projects can also contact UpOnly directly for further information on how to list. Our team is available to help!
Becoming a content operator and sponsoring a node will yield other rewards such as exclusive access to experiences, products, merch, and NFTs!
In the future, sponsors who want to get more involved will be able to manually manage their node and customize it for their community!
Q: Can you please share your upcoming news with the KuCoin Community (roadmap, listing date, development update, etc.)?
Top: We have some extremely exciting developments lined up to take place in the coming weeks. We are currently preparing ourselves for the $UPO token listing and the initial launch of our data directory product. The technology and design of the data directory product are currently being refined, and we can’t wait to release it to gamers worldwide! With the $UPO token listing also taking place, the token will have immediate utility for those that hold it. $UPO token holders will be able to immediately submit their feedback and vote on various elements of play-to-earn and Metaverse projects.
We are extremely excited to unveil this voting mechanism. This can be used to support and provide feedback on their favorite projects. Such data will also be extremely useful to project owners who will be able to access it through a premium product listing. The token listing and product launch are both set up to take the world of play-to-earn and Metaverse gaming by storm.
Native staking will be available tomorrow!
Staking Period (UTC)
16-April-2022 >> 16-May-2022 - 30 days
16-April-2022 >> 15-June-2022 - 60 days
16-April-2022 >> 15-July-2022 - 90 days
7 - 16 April 2022
Super exciting times ahead! Please support us!
Visit our website for more information: https://uponly.com
Subscribe to our newsletter to receive the latest updates: https://uponlyofficial.substack.com/
Check out our Medium Blog: https://uponlyofficial.medium.com/
Join our Telegram community: https://t.me/UpOnlyOfficial
Join our Announcement Channel: https://t.me/UpOnlyNews
Follow us on Twitter: https://twitter.com/UpOnlyOfficial
Free-Ask from KuCoin Community
Q: Do you have any plans to attract non-crypto investors to join your project? Because the success of a project attracts more investors who haven't yet entered the crypto world. What are the plans to raise awareness about your project in the non-crypto space?
Top: We're promoting our platform through different channels and projects we work with. Non-crypto users will benefit from UpOnly immensely as we'll be the first gateway for everything P2E and metaverse, from land details to gameplay.
Q: Currently, from where can I buy it? Is it possible that I can get it only by holding it?
Top: KuCoin from tomorrow onwards!
Q: What is your strongest advantage that you think will make your team lead the market?
Top: There is no data directory with specific areas yet, and we offer predictions, voting, and other features beyond being an informative website.
Q: Do the token holders have the right to participate in the governance of the project? What kind of decisions can they vote on about the project?
Top: They can stake, contribute to earn, make predictions and earn and not only do we listen to feedback on our projects, but users can also share opinions about other metaverse and P2E projects listed with us too.
Q: Can you tell us about your team members? are they qualified and professional in their fields? What are the recruiting qualifications for team members for your extraordinary project?
Top: We have a full team of blockchain developers, UX/UI designers, researchers, data analysts, business development team. We heavily focus on data as it's the key part of our project along with user-friendliness and the third pillar is partnerships with projects.
Q: Truly, you've done AMA in many telegram groups, so what next? What other way will you make your project more popular?
Top: We do a partnership, connections, collaboration, campaigns, and activities. We're on all social channels to educate users about upcoming projects so that they follow us!
Q: Thank you so much for this great project. Spectators are said to hold a $UPO token to be able to bet on the outcome of a play-to-earn game. Where can I buy $UPO token? And can you please share your whitepaper?
Q: How much is the total and circulation supply of your tokens? How will UpOnly contribute to the growth of the crypto industry?
Top: The total supply is 160,000,000 tokens, and 3,250,500 Tokens will circulate initially. UpOnly is going to deliver play2earn and metaverse data based on which P2E gamers can find the right fit for themselves. UpOnly helps to navigate through the P2E space and makes it easier to make confident decisions based on data.
KuCoin and UpOnly (UPO) have prepared a total of 2,000 USDT to give away to AMA participants.
1. Free-ask section: 75 USDT
2. AMA activity: 1,925 USDT
Activity 1 — Quiz: 1,500 USDT
Activity 2 — Price Guess: 300 USDT
Participation Rewards: 125 USDT
. . .
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