Kucoin has now enabled trading via the $UPO – $USDT pair and UpOnly shared that, users could start depositing funds as trading began two days back. Kucoin was the first exchange to list Uponly. Apart from Kucoin, UpOnly is also trading on Bitmart, Quickswap and Dodo.
Despite red market, UPO touched ATH of 1.41USD, more than 10x for angel, seed and private investors.
What is UpOnly (UPO) Project?
UpOnly is the blockchain based first every data inventory project that lets you bet in game tournaments using UPO Tokens. The basic features of up only are:-
- UpOnly lets you bet on Play to Earn (P2E) games
- UpOnly provides gaming rational for all the P2E and Metaverse based games
- It is also a platforms that predicts the trajectory and present the data and prediction in easy and understandable manner.
- It lets you earn UPO tokens
UpOnly aims at availing insight, analytics and priceless data on everything from gaming to P2E through a comprehensive inventory to prediction the outcomes and let its users bet on P2E games and level up their crypto holdings.
Moreover it also commits to be the leading directory on Metaverse, blockchain or anything in between.
UPO tokens: Native tokens for UpOnly Platform
Now you might be wondering what UPO token is and how do we earn using it?
So, UPO in simple words is a deposit that is set down but the users to bet and once you make a bet on the trajectory of that particular game, you either win and not only get your deposit back but also a bonus or you lose your deposit forever.
At the moment, UpOnly has around 160 million tokens from which around 30 % of it goes into the growth and team.
On these sales, the each had the following share,
- Angles round :- 10 Million tokens
- Seed round:- 13 Million tokens approximately
- Private round:- 15 Million tokens
- Second private round:- 18 Million tokens
- Public sale :- 1 Million tokens
After this, around 30 Million tokens are reserved for P2E games and about 10 Million for initial liquidation and compensation in prediction fund.
UpOnly’s Investors: Who invested in UpOnly?
UpOnly has high profile partners and capital funds in their first stage of funding. Due to its unique value proposition in this fast-growing industry, UpOnly had its funding oversubscribed and thus had to strictly go through the selection process of adding only valuable partners and funds.
Partners to not only finance but also provide invaluable expertise and resources to promote the market value of UpOnly.
The following is a list of notable UpOnly partners:
- Nakamoto Games :- It is the first game to mainnet its data to UpOnly and host hundreds of P2E games.
- MoonStarter :- They plan to conduct sales of UpOnly’s token and provide support.
- Chateau Crypto :- To help UpOnly form the European community.
- CSP DAO :- Plans to provide their resources to assist them to incubate the market, and build community.
- Skyman Ventures: – They oversee all the social media channels
- ZBS Capital:- They provide access to CryptoDiffer and ICOTop7.
- SL2 Capital: – To provide their expertise to help them develop a Metaverse and P2E data inventory.
- TheMoonCarl: – They act as a promoter of UpOnly and $UPO tokens to his large audience and get loyal UpOnly users.
- Lavender Capital: – They incubate and provide advisory services
- Signal Ventures: – Assists them to onboard new connections and influencers on YouTube.
- Oracles Investment Group (OIG):- They incubate and provide advisory services
- MH Ventures: – Promotes UpOnly’s products and tokens.
- Atesis Capital: – They provide strategic guidance
- Everse Capital: – They help them boost their market valuation via prominent crypto exchanges moreover its founder Ash WSB joins UpOnly as an advisor.
- X21 Digital: – They are UpOnly’s strategic advisor
- Roseon Finance: – They offer the facility to stake and earn for $UPO tokens
- Nine2Five Ventures: – They are there to help them achieve long term goals and plans to be their helping hand in growth.
- Kent Capital: – They incubate and provide advisory services
- Hafen Ventures: – They fund and organize community services for growth.
- FERA Capital: – They help them boots and sustain the market value of the project.
- Evan Luthra:- They provide them with massive exposure.
- Maven Capital: – They provide social media awareness and outreach for a long run.
- GTS Ventures: – They incubate and provide advisory services
- Origin Ventures: – They assist them in development.
- Oxbull.Tech: – They conduct IDO and help them promote the project.
- Interstellar Ventures: – They help them boost the project’s credibility and perception by providing their own network of KOLs.
- Whitelist Ventures: – They provide advisory and strategic partnerships
- AR Ventures: – They provide funding and promotion.
- Almora Capital: – They incubate and provide advisory services
- DCT Capital: – To promote the UpOnly’s project.
- MarsDAO: – They provide their network of KOLs and influencers.
- 4YF Capital: – They provide strategic partnership.