Token Sales and Distribution

Up until now, SPARKLET has only been sold to Uplanders inside of Upland. Following the launch of SPARKLET, there will be 2 methods of sale.

Through SPARKLET Exchanges

Uplandme, Inc. may conduct programmatic sales through centralized or decentralized exchanges that will not exceed 2% of the global SPARKLET trading volume.

Inside Upland

Uplandme, Inc. may sell SPARKLET inside of Upland at the current market price as made public through exchanges. Furthermore, Uplandme, Inc. may offer certain amounts of SPARKLET that may carry a discount compared to market price, where discounted tokens are required to be staked for prolonged periods of time before they may be reclaimed back to Ethereum.

Rewards

Players will have the opportunity to win SPARKLET in mini-games, competitions and other events. Other ways to obtain SPARKLET will be through various incentive schemes such as the currently established daily sign-up bonus.

Keeping the Upland Economy Protected

Having SPARKLET tradable may bring macroeconomic effects that need to be considered. For example, in a favorable macroeconomic environment, SPARKLET market prices may fluctuate up making it less accessible for Uplanders. For that reason, Uplandme inc maintains the authority to tweak SPARKLET-related economic parameters within Upland in reaction to macroeconomic conditions, such as (but not limited to):

• The amount of Spark Hours required for construction of particular structures in Upland

• The amount of Spark Hours required for manufacturing of particular Map Items

• The amount of SPARKLET required to create Legit NFTs

• The amount of Spark Hours required to charge a particular vehicle

With sufficient data available, Uplandme may create a monthly rule according to which it will adjust the parameters. E.g., when the SPARKLET market price has altered by more than 20% in a given month in either direction, these parameters may be adjusted in the subsequent month.