We own the NFT’s. They are simple, they are portable, they are programmable, they are composable. And people are going to recombine them to create these complex systems that work.
That is going to be impossible for larger companies to compete with.
Private mint for UGP
Sunday 30th of October uPark has concluded the Private mint of UGP (Upark Genesis Pass). Our first Mint of UGP’s has sold out in under 7 minutes, which shows incredible demand.
There was 377 wallets eligible based on our private mint criteria: Seed-sale participants and those who stake 100k LKUPARK or more through our dApp.
Incredible demand for UGP shows us that we are heading in right direction. Especially now that we are getting close to the parking pilot (testing) being in place and the first capital city adopted with the uPark solution. This opens up a new door and new type of Web3 experience, where you as an investor gain passive income from spots operated by uPark.
UGP’s came up as a possibility to invest very early into our NFT vision, even before we operate spots and respective spot NFT’s can be bought, so that our early investors can have a first row seat and drive together with us.
The next UGP mint
Next comes the UGP Whitelist round and with the eligibility for minting an NFT being lower, this gives a larger audience the ability to mint.
The uPark presale is about to commence and this brings opportunities for investors to increase their LKUPARK holdings. To either invest in our future vision or top up holdings in order to meet the new UGP eligibility.
More information on this coming NEXT.
Future NFT’s
Holding LKUPARK means that you are eligible for current and future UGP mints. This is our first mint, where the UGP will give you the possibility to swap into uPark spot NFTs in your chosen city, whenever you choose (no time limit to swap).
But what will the possibilities be once LKUPARK is unlocked? Incremental implementation of the uPark solution in capital cities will bring NFT minting for some of the spots onto the table.
By that time NFTs associated with a parking spot will be minted with UPARK tokens, giving a chance to increase your portfolio at the same time, which will also increase your passive income stream.
Some key points to take away
1. The UGP gives priority for future spot NFT mints.
2. There will be enough availability to take advantage of both UGP and NFT minted with UPARK tokens.
3. Investing in LKUPARK has two benefits:
Now: eligibility for UGP mint.
Later: unlocked UPARK purchase power for NFT mints.
For any questions about the uPark please join our Telegram or our Discord
