Upland
UGC Royalties Are Now Live in Upland!

May 29, 2024

UGC Royalties Are Now Live in Upland!

Whether you’re collecting assets, running a Metaventure, hunting for treasure, or participating in other activities, Upland is an ecosystem of opportunity for everyone. We’re excited to announce that UGC royalties are now live, offering a fantastic way for our User-Generated Content (UGC) community to earn UPX for their creations.

Players have just received their first royalties, retroactively applied to all secondary sales as announced last year, reaping the rewards of their creativity! Upland is the perfect place for UGC because each item can be utilized by third-party developers through Upland’s Community Dev Tools. This creates more meaningful experiences that add value to both the creator and the broader community.

Learn more about the new UGC royalties and join us in celebrating this big win for Upland’s UGC creators!

UGC Creator Royalty Details

Every transaction in a Metaventure or Showroom comes with a 5% transaction fee. This fee sends UPX to the Community Pool, which funds various activities and rewards such as Treasure Hunts. The new UGC royalties reallocate 50% of this 5% transaction fee directly to the UGC creator.

The “creator” is the manufacturer who produced the item in an Upland Factory. Distributing UGC royalties in this way provides valuable UPX for creators without imposing an additional tax on purchasers.

UGC royalties apply to UGC Structure Ornaments, Outdoor Decor, and Karts sold in Metaventures and Showrooms on the secondary market. In the future, as more player-manufactured items are released, they will also be included.

Royalties are distributed to creators monthly. Any manufactured UGC Structure Ornaments, Outdoor Decor and Karts — past, present, and futuregenerate these royalties, providing sustained UPX royalties for the creator!

Just The Beginning

The new UGC royalties are all about supporting the UGC community and making Upland an exciting place for designers. Uplandme, Inc. receives no funding from UGC royalties; 100% of the UPX royalties go to the creator.

Initially, UGC creators will collect royalties for Structure Ornaments, Outdoor Decor & Karts. In the future, more types of UGC will also be eligible for creator royalties.

Three cheers for Upland’s UGC community and all the amazing assets hitting the metaverse. Keep the creativity flowing and cash in on creator royalties!