Introducing UpRock – Share your idle internet and earn $UPT

UpRock is an innovative DePIN network fueling the AI internet future that simplifies the process of auto-earning tokens, staking them, and redeeming them for rewards, making your journey in the web3 space as effortless as possible. Through our platform, users earn tokens by sharing their idle internet bandwidth and through staking, turning these tokens into real-world perks like flights and airtime minutes. With a growing community of 165,000 users and counting—gaining about 10,000 new users weekly and processing over 36 million transactions—we’re on a mission to make crypto assets more accessible and rewarding. Looking ahead, we aim to expand our services, deepen our collaboration with Solana, and partner with Jupiter to enhance the crypto experience for our users.

Check out our live network map 30

Describe your project in 5 sentences:

Imagine a wallet that’s more than just smart—it’s like your friendly sidekick. UpRock comes with AI that talks to you, helping you navigate the crypto world, finding deals, and earning for you while you’re off doing other things. The platform doesn’t just keep your crypto safe; it utilizes the depin network around the clock to turn your tokens into real-world perks, like cheaper flights and airtime minutes. It breaks down complex crypto concepts with help from its AI assistant, making every step of your crypto journey both friendly and straightforward. Our aim is to merge financial growth with real-life rewards on a platform that’s secure, easy to use, and genuinely cool to have.

Tell us about your team:

• Team Members: The co-founders are a team of serial entrepreneurs with two acquisitions under their belt: The most recent Tenta Crypto Browser, the first fully encrypted mobile browser with built-in VPN was acquired by Avast, a publicly traded cybersecurity company.
• Company Social Handles
  • https://x.com/uprockcom 
  • Telegram: Contact @uprockcom 
  • UpRock 

Team

• https://twitter.com/jesseshappyhour 
• https://twitter.com/tfnyldrm 
• https://twitter.com/RasimUner 
• https://twitter.com/jwriteclub 
• https://twitter.com/rekaszeru 
• https://twitter.com/Timdadams
• https://twitter.com/JennyPurr
• https://twitter.com/savasyildirim
• https://twitter.com/kerberosinc

Jupiter Ecosystem and You:

Our main pitch revolves around enhancing the liquidity and accessibility of our $UPT token within the Solana ecosystem through Jupiter’s exchange. By collaborating, we aim to offer seamless swap options for users, fostering a more interconnected and efficient crypto economy. Our integration with Jupiter aligns with our goal to provide users with intuitive financial tools and services that empower them to manage and grow their crypto assets effortlessly.

Potential synergies between you and Jupiter users, DAO, holders, etc.:
The synergy lies in providing Jupiter’s users with innovative ways to earn and grow their crypto assets through UpRock’s auto-earning features and exclusive deals. Additionally, UpRock users will benefit from Jupiter’s liquidity and swap functionalities, creating a mutual value exchange that enriches both communities.

Approximate date for TGE:
TBD (target is mid-March)

Vision Category:

If your project were to succeed, how would it fundamentally change the web3 space?

If UpRock succeeds, it’s going to change how people see tokens. Instead of just digital money or an investment, tokens could actually get you real things, like cheaper flights or special deals on services. It’s about making crypto part of daily life, showing it has practical uses beyond trading and investing. This could get more people interested in and using blockchain for the real benefits it can bring.

We also think the use of AI for customer service is largely ignored in web3 today. We’re completely embracing AI to simplify complex crypto concepts and interactions, creating a smart wallet that talks to you like a friend. This could make web3 appealing to a broader audience, turning the intimidating world of blockchain into an accessible and engaging experience for everyone.

What would you say is your biggest challenge or obstacle as a project?
In the crypto world, grabbing attention tends to be the most important skill, but the key is to build a product people love. It’s easy to get caught up in trying to make a big, short-term splash with points or token rewards, but our real goal is to build something that adds real value to our customers’ lives in the long run. This means focusing on creating a genuinely useful and loved product, not just getting initial validation. Our challenge is to never forget that.

Another one of our challenges at UpRock is navigating the relatively unexplored intersection of AI and blockchain. This pioneering space is thrilling because it offers the potential to make crypto more accessible and user-friendly, transforming it into a more human-centric experience. However, the novelty of integrating AI into blockchain also means we’re charting new territory, which comes with its own set of difficulties.

Creating an AI agent that our customers trust enough to act on their behalf is a significant undertaking. Trust in the digital world, especially within the crypto sphere, is hard-earned. Building an AI that not only understands but anticipates user needs, while ensuring security and privacy, requires careful planning, development, and continuous improvement. We’re excited about the potential of this technology to revolutionize how people interact with crypto, but we’re also mindful of the challenges in creating something truly reliable and effective in this new frontier.

What advice would you give to another team launching a token in web3?
When you launch a token, start by tackling a real problem your token can help solve. Think mobile-first to reach as many people as possible. Make sure your token is more than just an user acquisition strategy; it should be something that people actually want to use because it makes a difference.

What is something most tokens get wrong, and what steps are you taking to ensure that you won’t experience these pitfalls?

One common pitfall in the crypto space is the reliance on arbitrary time-based unlocks for tokens, which don’t align with a project’s real-world progress or success. Many tokens also miss having a solid utility or sustainable model for value creation. At UpRock, we’re addressing these issues head-on.

1. Deflationary Transactions: We’re implementing deflationary actions within the UpRock platform to ensure $UPT’s scarcity and value increase as the platform grows.
2. Active Tokenomics: We’re dedicated to making $UPT more than just a tradeable asset; it’s a crucial part of our ecosystem, used actively across our platform for various services and rewards, ensuring it circulates and retains value.
3. Revenue Sharing: Our platform’s revenue goes back to our community, including liquidity providers and loyal users, with part of it used for buy-backs to redistribute $UPT, all managed transparently on-chain.

By aligning token unlocks with actual milestones, promoting in-platform circulation of $UPT, and sharing revenue with our users, we’re creating a token with genuine, sustainable value.

Update! – Attention iOS users

Sneak peak of the UpRock iOS app is near complete!