Upland is launching virtual asset trading using Second Life’s payment network, dubbed Tilia Pay. That means that you’ll be able to acquire real-world properties in Upland’s virtual world and sell them for a profit that comes back to you in real cash.
This is an example of what goes around comes around in Silicon Valley. Back in 2010, Keith Lee started a company called Booyah, which created MyTown. It was a version of Monopoly where you used real-world locations and could take them over.
With Palo Alto, California-based Upland, that same game has been updated with technologies such as blockchain and non-fungible tokens (NFTs). The company sees this as the beginning of a metaverse, the universe of virtual worlds that are all interconnected, like in novels such as Snow Crash and Ready Player One. (We’re doing a metaverse conference on January 27).
Linden Lab created the digital payment and