UpOnly will be the go-to data resource for blockchain gamers and spectators
The play-to-earn blockchain gaming ecosystem is on the threshold of mainstream adoption. The industry witnessed exponential growth in the past few years, as the number of users jumped from under a few thousand to millions. The growth is largely attributed to developers and gamers realizing the massive potential that blockchain unlocks for gaming. Early use cases such as allowing players to own in-game assets, thereby turning them into investors, and giving developers the opportunity to build fully decentralized infrastructure, have widely promoted the disruptive potential of blockchain-based gaming.
However, the continued growth of blockchain gaming is impeded by the lack of reliable data in the industry. Current data sources are unreliable and only provide limited and sometimes inaccurate insights. For instance, popularly referenced data source DAPPRadar notes that there are 1.2 million blockchain gaming users, even though popular blockchain game, Axie Infinity already reports over 2 million users. As the blockchain ecosystem matures, there is a pressing need for a comprehensive and reliable data directory.
(Source: Axie Infinity)
Introducing UpOnly.com
UpOnly is building the industry’s first play-to-earn data directory. The platform will compile comprehensive data on play-to-earn games and establish itself as the go-to-resource for blockchain gamers, similar to what CoinMarketCap and Coingecko accomplished for the broader crypto economy. The UpOnly data directory will be underpinned by a centralized database architecture, and will utilize query solutions such as TheGraph to retrieve real-time data from listed blockchain games.
UpOnly will present insightful and actionable data on all existing play-to-earn gaming platforms. Users will be able to view data such as number of gamers, trading volume for in-game assets, upcoming events, prize sizes, odds of winning prize pools, ease-of-entry, etc. Players can use the wealth of information available on UpOnly to identify which games offer the most lucrative rewards and the best gameplay experiences.
UpOnly Prediction Platform
In addition to its unique data directory for blockchain games, UpOnly is developing a decentralized infrastructure that will allow spectators to bet on the outcome of play-to-earn games. Instead of simply watching games, spectators can use actionable data from UpOnly to predict the outcome of games and earn financial rewards.
The prediction platform is built on the Polygon blockchain and will utilize UpOnly’s native token, UPO. Spectators must hold UPO token to bet on selected events and will earn additional UPO rewards for correct predictions. UpOnly’s decentralized prediction platform is the first of its kind in the blockchain-based gaming industry. Spectators can now monetize their interest in gaming without directly participating in gameplay, something that is unique in the gaming industry.
The number of people live streaming blockchain games to learn how to play it or watch their favorite gamers is growing. For instance, Axie Infinity’s Twitch and Facebook livestream pages have a combined 310,000 followers at the time of writing. As the world continues to wake up to blockchain games, we expect the number of spectators will grow tremendously. Incentives such as the financial rewards on UpOnly will only accelerate this trend.
Play-to-earn games are here to stay and are poised to grow even further as investors continue to bet big on blockchain gaming startups. UpOnly will address the pressing need for industry professionals to find trusted and actionable data and provide a first-of-its-kind prediction platform that gives spectators the opportunity to earn rewards for their activity.
