What is thena? Discover the outstanding features of Thena and THE . token
Ngoài PancakeSwap, hệ sinh thái BNB Chain còn có một AMM khác có TVL đạt 150 triệu USD chỉ sau hai tháng ra mắt, dự án này được gọi là Thena.
What is Unique Network? UNQ Cryptocurrency Complete
- Unique Network project overview
- What is Unique Network?
- Unique Network's main fields and objects
- Some outstanding features of Unique Network
- Unique Network's experimental products
- Unique Network project developer and investor
- Unique Network's development roadmap
- UNQ token overview
- What is UNQ Token?
- Information about UNQ token
- UNQ Token Allocation
- Where can UNQ tokens be bought and sold?
- The future of Unique Network and should I invest in UNQ tokens?
- summary
Unique Network project overview
What is Unique Network?
Unique Network is the first NFT chain created with the goal of providing a comprehensive system including NFT marketplace, NFT wallet, smart contract platform for NFT projects in Polkadot and Kusama's ecosystem.
With Unique Network, everyone can mint NFTs, create wallets, build galleries, even their own NFT games. All the tools Unique Network provides are aimed at helping users participate in the Metaverse world.
Unique Network also provides a bridge between Flow and other chains providing outstanding interoperability to support other ecosystems to grow. In addition, Unique Network provides an EVM virtual machine system that offers compatibility with Ethereum.
Unique Network started its development journey in 2020 from the release of testnet on Hackusama – the first Polkadot/Kusama hackathon and won in two categories: “Build a blockchain” and “Community choice”.
Unique Network's main fields and objects
Art : Artists are free to display their NFT products on Unique Network's Marketplace.
Game sector : NFT game projects can cooperate with Unique Network to integrate Marketplace for their games.
Project Developers : Unique Network provides a smart contract platform and White-label solution for building their own NFT project.
NFT collectors : They can search and buy NFTs on Unique Network's Marketplace to diversify their NFT collection.
Some outstanding features of Unique Network
Flexibility : Unique Network created an NFT Marketplace called Unqnft.io. Here, every NFT purchase and sale is low-cost, taking place on a schedule agreed upon by the NFT owner and buyer.
Sustainability : Unique Network is built on the Polkadot platform's Substrate . Therefore, minting NFT on Unique Network will help reduce environmental pollution.
Advanced Options : Unique Network is open source, provides White-label solution that allows anyone to build their own NFT marketplace, mint NFT, Wallet, NFT gallery.
Ownership and Management : Owners of NFTs have full rights to rent, buy, sell and manage their NFTs on Unique Network.
Interoperability & Scalability : Unique Network is built on Polkadot's Substrate, so it can interact easily with other projects in Polkadot and Kusama's ecosystem . At the same time, it also solves problems such as slow transaction processing, high gas fees that the Ethereum platform is facing.
Unique Network's experimental products
SubstraPunks
SubstraPunks is a remake of CryptoPunks – NFT-encoded works of art, based on Substrate. SubstraPunks is considered a beta for the Unique Network platform.
10,000 SubstraPunks are created with many faces with different characteristics and anyone can claim them for free.
SubstraPunks are currently actively traded on Unique Market and prices start from 0.6 KSM to 44,000 KSM.
Chelobrick
Chelobricks are also NFTs issued by Unique Network during Polkadot Decoded 2021. This NFT collection has up to 10,000 Chelobricks, but there are currently 666 Chelobricks being traded on Unique Market with prices starting at 1.32 KSM – 110,000 KSM .
Development team, investors and partners
Unique Network development team
Unique Network's development team comes from Use Tech company - which provides Web3 products and enterprise solutions on different blockchain platforms such as Polkadot , Ethereum , Cosmos, EOS...
Among them, the two most prominent names are:
Alexander Mitrovich, Co-founder and CEO of Unique Network : He has more than 20 years of experience in the IT field. Prior to joining Unique Network, Alexander Mitrovich held the role of manager, research and marketing of Blockchain products and systems for businesses at Use Tech.
Greg Zaitsev, CTO of Unique Network : He has more than 10 years as Enterprise Architect and 3 years of working experience in Blockchain technology.
Investor of Unique Network
On May 20, 2021, Unique Network raised US$4.3 million from major funds such as Outlier Ventures, Animoca Brands, DFG, Dutch Crypto Investors and Master Ventures… Blockchain, NFT, Gaming, and Metaverse domains.
By the end of October 2021, Unique Network has continued to raise US$11.3 million, bringing the total raised to US$16 million. Led by Outlier Ventures with participation from The LAO, Flamingo, Nalu Capital and more than 200 other investors.
Unique Network Partner
According to Unique Network's announcement, the platform's current strategic partner is Subsocial Network . On September 15, Subsocial Network officially integrated Unique Network's Unqnft.io into Sub.ID.
Unique Network's development roadmap
2nd quarter of 2021
- Marketing : Unique Network will recruit, build official website, social network and develop community
- Business development : Unique Network launches game and art shows
- Finance and operation : Project to build a team of advisors and mobilize investment capital
- Technology : Unique Network adds compatibility with Ethereum. At the same time, Chain will split into Unique Kusama and Unique Polkadot
3rd quarter of 2021
- Unique Network will plan PLO on Kusama and develop new features
- The project will implement a support plan for game and art programs
- Unique Network will launch mainnet on Kusama Parathread
Quarter 4 of 2021
- Unique Network conducts PLO on Kusama, launches Unique Polkadot as Parathread and Public/Private sale for Unique Polkadot
- Unique Network conducts PLO on Polkadot
UNQ token overview
What is UNQ Token?
UNQ is the utility token, the governance of the Unique Network, and has several important functions in the exchange of value between users, the treasury and the Unique Network.
In addition, UNQ is also used to pay for NFT transactions, smart contracts and staking (including: App Promotion Staking, Reputation Staking, Vote Staking).
Information about UNQ token
- Ticker: UNQ
- Relay chain: Polkadot
- Total Supply: 1,000,000,000 UNQ
- Circulating Supply at Genesis: 67,770,563 UNQ
- Inflation: 10% in the first year, decreasing continuously until 4% in the 10th year
UNQ Token Allocation
- Treasury: 24%
- Private Sale: 20%
- Team & Advisors: 18%
- Angel: 15%
- Polkadot Crowdloan: 15%
- Public Sale: 8%
The token allocation schedule is shown in detail as shown below.
Where can UNQ tokens be bought and sold?
Currently, UNQ token is not listed on any exchange. However, investors can join Unique Network's Diamonds in the Rough event to buy UNQ tokens. This event will have 2 rounds:
- Whitelisted round: Time from 11/01/2022 - 12/01/2022
- Public round: Time from January 12, 2022 to January 13, 2022
Public round will be for the following specific audiences:
- Join the Quartz Crowdloan
- Registered to be an Ambassador before 10:00 am (UTC) 11/26/2021
- Get a Chelobrick or SubstraPunks NFT by December 6, 2021
For the Whitelisted round, UNQ will be opened for sale under the "First come, first serve" mechanism.
The future of Unique Network and should I invest in UNQ tokens?
The current NFT fever has contributed to many people turning to investing in a proprietary NFT in the hope that the price of the NFT will soar. The majority of the prominent NFT collections on the market are located in the Ethereum ecosystem. This creates many problems, typically users have to pay a rather high gas fee to own an NFT.
Unique Network was created with the hope of solving the above problem of the Ethereum platform. It also helps to expand NFT's interoperability and remove barriers to access to these assets for retail investors. If investors are interested in this project, they can monitor information through official channels such as:
Website | Twitter | Telegram | Discord
summary
Above is some information about the Unique Network project and the UNQ token. As can be seen, the project has just launched in early 2021 but has attracted an investment of up to 4.3 million USD from many large funds. Unique Network shared that they will use this investment to develop new features as well as build their community. With the above information, hopefully you have been able to judge the potential of the project in the future to make the right investment decision for yourself.
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