Inaugural Meta Report
#2 July 2021
Last updated: July 18th 2021
The Spark Update
It’s been a while since the last update because I was busy in real life, but now it’s time to look at the recent developments in the market of Inaugural properties. With the launch of the Bellini 1 update players may now build structures on their properties. This ways the exclusivity and utility of Inaugural properties may be increased even further. If you want to impress fellow community members build a cool structure on an Inaugural. How cool is that? Moreover we now have more than 180k players in Upland (source: bloks.io), that’s a huge gain and a big step towards reaching the mainstream market.
Total Inaugural supply: 619 properties
Largest Inaugural: 1652 UP Squares (1825 04TH ST)
Smallest Inaugural: 12 Up Squares (1206 48TH AVE)
District with most Inaugurals: Outer Sunset (56 Props)
Cheapest Inaugural in UPX: 1,277,000 UPX (+27.7%)
Cheapest Inaugural in USD: 800 USD (+14.8%)
Top 10 Inaugural Hodlers
July 18th 2021
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Player Names
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Up Squares
This month there have been quite some changes. I’ve also considered the up squares into the ranking, so when two players have the same amount of Inanguruals the amount of up squares will be the decider. The biggest seller of Inaugurals was DJShorts with 4 which dropped him from rank 6 to rank 8. Oliver, Kenny and Spikesan each sold one of their Inaugurals. Let’s take a look at some of the last sales of the current top 10:
Oliver sold 568 VICTORIA ST for 977,000 UPX to the player sothbys on June 15th 2021. That is a powerful markup of 13,027% on the original minting price.
Kenny sold 181 02ND ST for 1,000,000 UPX to joelives on May 13th 2021.
Spikesan sold 3660 JACKSON ST for 1200 USD to dtgatsby on June 26th 2021.
Moossie sold 1224 45TH AVE for 1,000,000 UPX to sothbys on June 15th 2021.
The most active Inaugural trader in the top 10 was DJShorts. He sold 1454 28TH AVE for 1,258,750 UPX to octavius on July 12th 2021. Octavius also bought 1963 46TH AVE for 1,258,750 UPX, 2225 17TH AVE for 1,258,750 UPX and 752 CHENERY ST for 1,258,750 UPX from him on the same day. Furthermore, DJShorts sold 307 GUERRERO ST for only 498,750 UPX to yudlugar on June 4th 2021. In total, DJshorts has bought these five Inaugurals for 1,570,017 UPX and sold them for 5,533,750 UPX representing a nice profit of 352%. It clearly shows that the value of Inaugurals is continue to rise.
DJShorts was also adding an Inaugural to his portfolio on May 18th 2021 when he purchased 224 POPE ST for only 630,000 UPX from lyon96. Make sure to follow DJShort’s Youtube Channel called Upland Shorts if you want to learn more about his playing style. He is regularly publishing guides and new trading ideas as well as starting some giveaways.
Summary
The last two months have shown that you can make very high profits with Inaugurals as they are the oldest and one of the most rare properties in Upland. What we can learn from the recent sales is that an Inaugural that can be bought below 1 Mio UPX still has a very high profit potential. Make sure to check the market prices from time to time to not miss an opportunity.