Technically speaking, UPX is a fungible token on the EOS blockchain, similar to any cryptocurrency. However, we have elected to use UPX strictly as a utility token. This means it can only be used inside Upland and cannot be withdrawn. By doing so, we avoid the trading of UPX on external or decentralized exchanges outside of our control, which averts the possibility of being deemed a financial security by the United States Securities and Exchange Commission (US SEC). Maintaining compliance with United States regulations is one of our top priorities. However, as the platform does include a real economy, we have partnered with the financial division of Linden Lab (creators of Second Life) to allow a new feature, called “Property to USD”. Using this feature, players can choose to sell their virtual properties and items for either UPX OR fiat (e.g. USD).