AMA with Kucoin
Last updated
Last updated
Natthapol : Thank you for having me and UpOnly today!
Natthapol : Pleased to meet you and everyone in KuCoin community!
Natthapol : That's right, so many projects coming in the space everyday!
Natthapol : With UpOnly, you're going up only!
Natthapol : Thank you so much and yes absolutely! 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.
Natthapol : 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 everyday. 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 and 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.
Natthapol : 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 which was solely focused on the play-to-earn and Metaverse spaces. Every project on the platform will have their 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.
Natthapol : In addition to this, we were aware that the population of play-to-earn and Metaverse gaming spectators was quickly growing and we wanted to build a tool which would allow such spectators to earn from their spectatorship activity. Alongside the data directory, we are building a decentralized predictions platform which 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 which is committed to producing sublime content and research on the play-to-earn and Metaverse industries.
Natthapol : 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!
Natthapol : 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 these opportunities.
Natthapol : 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 these opportunities.
Natthapol : So gamers, investors, project owners, 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 information overwhelming. Also we have observed the power of community from all projects. On UpOnly, users will be able to share their view about a project too. We often see that peer review is more authentic than one or two big KOLs.
Natthapol : 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 inhouse 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.
Natthapol : Their contributions can also be shared with project owners in a premium product which allows the project to view such valuable community feedback and improve their 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.
Natthapol : 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.
Natthapol : We have secured partnership with over 50 P2E and metaverse projects and we're expanding everyday 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!
Natthapol : 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 project. 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.
Natthapol : 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 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.
Natthapol : 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.
Natthapol : 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, more features, collaborations to attract more users. Stay tuned!
Natthapol : 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, for future projects, we will be releasing detailed instructions on how they can stake $UPO tokens to stream their data to the platform. 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.
Natthapol : Project owners will also have access to a portal which will allow them to update their project data. Our inhouse 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!
Natthapol : 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 is 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.
Natthapol : We are extremely excited to unveil this voting mechanism. This can be used to support and provide feedback to 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 setting up to take the world of play-to-earn and Metaverse gaming by storm.
Natthapol : Thanks!
