UppeeeCoin (UPC) is the native utility token of the Uppeee ecosystem. It is an ERC-20 token residing on the Ethereum blockchain, adhering to the ERC-20 standard for fungible tokens. This standard ensures that each token has the same type and value as another token, providing a consistent user experience across the ecosystem.
UppeeeCoin has been designed to support the growth and evolution of art, gaming, entertainment, digital and physical events, storytelling, and the diverse offerings of the web3 community within the Uppeee ecosystem. Serving as the primary currency, UppeeeCoin connects various components of the ecosystem, facilitating user participation and interaction.
The UppeeeCoin is initially available through the staking platform for GrumpyPandaz and PandaCubz holders. Users can earn UppeeeCoins through staking, participating in P2E games, and then spend them in the Uppeee store or to purchase NFTs in the marketplace. Plans are also in place to implement a swap function on platforms such as Uniswap.io and other dedicated platforms.
By employing UppeeeCoin as the currency for the Uppeee ecosystem, the goal is to create a self-sustaining, thriving community where users can engage in various activities and be rewarded for their participation, thereby fostering the growth and success of the ecosystem as a whole.