🔔AMA BC Blue Sky Ventures & Unique Network
🗓Time: 12 PM UTC / 7 PM UTC+7 – August 25th, 2022
🎤Guest: Irina Karagyaur – Head of Ecosystem Growth & Business Development
Unique Network – the first NFT chain built for Polkadot and Kusama, is explicitly made to solve the problems by running NFTs on Ethereum. As a fully scalable blockchain for composable NFTs for advanced economies, we believe our technology and infrastructure will provide a sustainable future free of limitations, delays, and the hindrances that plague NFTs today.
Part 1: Introduction of the Project and Guests
1. Please Introduce Unique network.
Unique Network is a live parachain on both Polkadot and Kusama Network. Both Unique Network and Quartz Network won 14th parachain auction on Polkadot and Kusama respectively. Unique Network is the first NFT chain for Polkadot and Kusama. Unqnft.io is the first commercial NFT application in the Polkadot ecosystem. We are the most advanced and powerful NFT chain.
ot only is it climate-friendly, because it’s proof of stake (it is also the most energy efficient among PoS blockchains.
it is also designed to create unprecedented future use cases.
2. Why are you giving away a fraction of crypto punk for free?
Thanks @Moonskycrypto2021 I just wanted to add some more insight into our key differentiation and VP
Unique Network, the first NFT chain built for Polkadot and Kusama. As a fully scalable blockchain for composable NFTs for advanced economies, we believe our technology and infrastructure will provide a sustainable future free of limitations, delays, and hindrances that plague NFTs today.
Here are some distinct features of the NFT Chain,
Advanced NFT features– equip your NFTs with our dynamic suite of advanced features: RFT (re-fungible tokens), nested NFTs, renting, lease, etc
EVM compatibility – Start building on Unique using tools you’ve already familiar with (Solidity, Remix, Hardhat, Truffle, Metamask and etc.)
Interoperability – transfer your assets between Polkadot parachains using HRMP channels and XCM format
Expand the market access for your NFTdApp. Easily push your Smart contracts from EVM based chains onto the Polkadot ecosystem now!
Speed and Scalability – instant finality, 6000 tps and almost free transactions
Easy to connect – Use our SDK and APIs to build your own apps: marketplaces, loyalty programs, Web3 e-commerce, gamiFi solutions for real world businesses and apps, play and earn games and any other NFT apps on the Unique Network.
There are two reasons for it,
As an NFT Infrastructure project, it’s very important for us to showcase our technology.
Also, web 3 is all about community and we want to give back to the community for supporting us through our journey.
This gave birth to the “Punks for people campaign”.
Where the community can sign up for a share of Cryptopunk and Substrapunk. Substrapunks are the first NFTs in the Polkadot ecosystem, we asked Substrapunk holders to list them for 100 KSM on our marketplace(unqnft.io). Through voting, we have selected one Substrapunk that will be fractionalized and distributed to the community with Cryptopunk.
Recently we added a NFT chest to these fractions as well, so both Substrapunk and Cryptopunk will be bundled in a chest and make a full NFT. This is also an example of the on-chain infrastructure tech of the Unique Network chain.
Sign up for Punks For People,
3. Unique Network has recently shared its product road map, can you share more about it?
As we continue to deliver on our mission to power next-gen NFTs, here is a quick look at how far we have come and what you should be ready and excited for in the coming months!
In this quarter we are launching two core functionality of our NFT chain,
We have really exciting products coming. You can learn more by following this link,
4. Unique Network has an ambassador program, can you please share more information about your ambassador program?
Yes, we have recently started our ambassador program. So many enthusiastic community members are participating & contributing to our ambassador program.
We’re very proud of their contributions. Our ambassadors are very engaged and help us across community growth, content creation, testing of tools, and much more!
Come join us! Leverage your skills to support the long-term growth of Unique Network!
5. Why should NFT developers choose to build on Unique Network and not on other chains available?
Please consider that fact that I’m not a developer ☺️ but, in short:
Unique Network offers the most advanced NFT application features available, more than any other network to date. Sponsoring with built-in rate limiting for thwarting bot attacks, nesting, bundling, re-fungibility (very soon) and is developing even more features.
All of these features are either fully functional NOW or will be very very soon (I’m talking refungibility here). To use them you DO NOT NEED to write contracts. They are blockchain features and execute atomically on the validator nodes (WASM code) which makes these options real-world usable at the speed of the network.
We have the easiest NFT minter in whole web 3 space,
Whitelabel marketplace that anyone can create in a few hours,
Find all our developer tools here
Part 2: 5 questions collected before Twitter
Unique Network, the RFT and will breathe new life into a world. What does this technology consist of? Why do you consider your technology to be pioneering? How will it breathe new life into the world of crypto?
RFT is a refungible token, it’s a similar concept to fractionalized NFTs.
As an infrastructure provider, our goal is to make it very easy for users to create RFTs. On Ethereum, fractionalized NFTs take hundreds of hours and a few hundred thousand dollars. We are going to provide this facility to users on the chain and just in a couple of clicks.
RFT technology has a wide variety of use cases that can positively impact the world, but we will leave that to application developers.
A common problem is that nowadays most investors are only interested in initial profits and ignore long-term benefits! So can you give them some benefit they should buy and keep your UNQ Token for the long term?We can’t comment on token or token value due to regulatory reasons.
We see our role as to build value with technology and then it’s on the builders to create innovative and useful dapps that will bring long-term value to the community and ecosystem.
UNIQUE NETWORK focuses a lot on the NFT factor, so does your project want to expand the Gaming element for users to be able to fully exploit the benefits that NFT brings?
Gaming market is certainly big. We are working with several teams on gamify experiences. Traditional game developers are now discovering the benefits of introducing Web3 into their games. As you may know, one of the major obstacles for onboarding games is the high gas fees. To solve this issue we are introducing the FREEMIUM feature on Unique.
Freemium gaming has been a business model of choice for game devs in the past and will be in the future. Users like to experience games for free and then decide if they want to spend in game. Our sponsorship pallet helps developers to sponsor transactions for their users and provide a seamless, or as our CTO likes to call it, painless experience.
Taking it up a notch, we’ll sponsor six months of transaction fees for any game building on Unique Network.
I read that Unique Network is based on Substrate with compatibility between Polkadot, Kusama and Ethereum.But, they plan to implement other networks compatible with their model in the future?What were the technical reasons why you have based your project on this Substrate system?
There are few reasons to choose Polkadot and substrate,
Substrate allows us to plug and play lots of things, so we don’t have to reinvent the wheel.
Interoperability. Future of blockchain is multichain, with polkadot all chains built on substrate can interact with each other. Remember the mission statement of Polkadot? Polkadot makes it easier than ever to create and connect decentralized applications, services, and institutions. By empowering innovators to build better solutions, we seek to free society from its reliance on a broken web where its large institutions can’t violate our trust. Substrate is the Blockchain Framework for a Multichain Future
Polkadot is a layer 0 blockchain, it allows us to build layer 1 blockchain on top of it with billions of dollars worth of security from Polkadot.
Part 3: Free Q&A at BC Blue Sky Ventures
According to the project’s roadmap- what are your most important next priorities?
onboard strategic teams of builders who will help us scale Unique. From the tech side, we are focused on RFTs and Nested pallet
Which one of these aspects is important for you? 1-Increasing Token Price & Value 2-Empowering Platform Development 3-Building Community Trust 4-Expanding Partnership Globally In what order?
building healthy an innovative ecosystem is key. We are focused on attracting great builders, empowering creators, educating and supporting community (including devs) and of course expanding partnerships. Have a look at Lemonade Social https://lemonade.social/
Do you allow suggestions and feedback from the community? Are we allowed in decision making, do you put community into consideration ?
community is key to any Web3 project. We are working on governance. Already now you can join our telegram community, or ambassador’s program to be able to actively engage with the team and help Unique thrive
Are you a global project or local project? At present, which market are you focus on, or is it focused on building and growing to gain customers, users and partners?
Web3 doesn’t and shouldn’t have geographical limitations. Our mission as a web3 community is to enable platforms and tools accessible to all to really change the way we use the web today. By empowering innovators to build better solutions, we seek to free society from its reliance on a broken web where its large institutions can’t violate our trust. Our team and partners are very decentrilised. We are building across the globe!
Southeast Asia is a very vibrant market and many project developed here so what do you think about Southeast Asia and do you have any plan to develop here?
We love Southeast Asia! We are participating in Token2049, please do join us and help spread the word about Polkadot community. There are many games arising from SEA market. We are part of Impact NFT alliance and bringing impact NFT projects to our ecosystem.