Sparklet: The Next Big ERC-20 Token on Ethereum? (12 Things You Need to Know about this Upland Token

[@BamTechVids]

great summary. thanks.,

[@UplandGuide]

Glad it was helpful!

[@WastedDad]

Are the gas fee’s going to cost an arm and leg like how eth already does?

[@UplandGuide]

I’ve heard that in general gas fees are trending down… but gas fees are gas fees. It won’t make sense to move small amounts of spark - that’s for sure.

[@Jamespyatt02.DopestCrew]

Whatever happened with Ethereum switching from proof of work to proof of stake?

[@kryptopapa1834]

Does that mean that when I have 3 sparks , I’ll automatically receive 3000 sparklet?

[@UplandGuide]

@@kryptopapa1834 no. If you choose to upload your 3 spark to ethereum you will have zero spark and 3000 sparklet. That sparklet will exist on ethereum

[@uplanddigitaldreamer]

Will this mean that if we make a building we won’t get our spark back?

[@UplandGuide]

No. Nothing to the existing spark mechanic is changing. I said that when you manufacture a legit like a nflpa jersey it will cost you spark that you will not get back in return

[@uplanddigitaldreamer]

@@UplandGuide so this applies to 3rd party NFTs that we can manufacture like cars and legits, but for original goods like outdoor decor we get it back?

[@UplandGuide]

To manufacture 3d map assets which are thing placed outside your home on your property you stake spark. (Including cars) For things you would place in your home like a fifa legit poster or a wearable you will have to spend spark to manufacture it and you will not get it back

[@PastorBrianBetsworth]

There are other blockchains to use. XRP Ledger, Stellar XLM, Hedera HBAR networks are much faster and cheaper. Ethereum is a dinosaur in the crypto sphere. Why don't they use the EOS blockchain that Upland is built on? Just some thoughts and options...

[@UplandGuide]

Not enough of a blockchain aficionado but upland does currently have a bridge to ethereum so I’m sure visibility on such a popular and well known chain is at least one of the factors

[@PastorBrianBetsworth]

@@UplandGuide Good point, thanks. I’m very glad Upland is connecting us to crypto.