Recap | UniArts Network X DECREDIT AMA,Oct 15th
15th Oct. 2021 1:00 PM UTC, main administrator Cherry, CMO of UniArts had a live AMA session with Catherine (CMO of DeCredit) on DeCredit Telegram chat.
Greeting from guest :
Im Cherry,CMO of UniArts. Glad to be here for the AMA!Thank you for giving me the opportunity to talk about our NFT project UniArts!
Q1: What Is Uniarts and how does it work?
UniArts is a decentralized incubation system for creators and art collectors. Uniart’s is a blockchain network developed with Substrate which provides NFT infrastructure, community voting incentives, DAO curation, and art grants, with an end goal of the democratization of art.
UniArts builds a decentralized NFT gallery to not only feature established artists, but also to serve as a platform to exhibit and promote artwork that is loved by the community.
For creators: Create NFTs with your work and bind with curators (validator) nodes. For community appreciation: staking UARTs and voting for preferred NFTs. Both will be rewarded by UniArts’ token economy, with the most popular works will receive extra grants and support.
Powered by Substrate, UniArts’ NPoS mint portion of the block helps reward NFTs that bind with validators by their creators. NFT owners may choose to pin the NFT on their address to receive UARTs. Nominators vote for NFTs instead of nodes to gain staking rewards.
2. What is UniArts’ ultimate goal?And How is UniArts different from other NFT platforms?
Our ultimate goal is to provide the sort of NFT infrastructure, community voting, DAO curation, and art grants that allow for the true democratization of art.UniArts’ focus and goals vary from the majority of NFT platforms.
We are all about voting, selecting, and incubating hidden gem artists and promoting their appreciators to trade and discover more of them. Estabilished artists will also find great value in UniArts, though they are not the main focus, which is another unique aspect of our model.
3. Why UniArts‘ Art Formula on polygon is important？
UniArts is at the forefront of offering tools to make the adoption of NFTs by artists a seamless process. It has actively created a safe haven for artists to tokenize and mint their arts to NFTs, then sell to collectors. The features within the ecosystem are mind blowing.UniArts will launch its Impossible Art Formula on Polygon, which hosts highly demanded NFTs. As a gallery, NFT art enthusiasts can trickle in to vote for the NFTs displayed.
To vote on their favorite NFTs, UniArts token holders will use their tokens, which will go to the owners of the NFTs. Another means of earning rewards in this gallery is through the additional auction rewards that accompany the deal price of NFT in the auction round. There is a directly proportional relationship between the deal price and the reward level, meaning that the higher the deal price, the higher the potential rewards.
UniArts is incorporating a new feature, Appreciative Mining, which rewards NFT artists and improves their popularity within the space. Through the votes of other community users, NFT creators and owners are rewarded.
By launching the Gallery on Polygon, more people will be encouraged to vote on their favorites because they do not have to spend a lot on gas fees. It is a win-win situation for all community members. Art lovers can bask in the beauty of art works while artists are rewarded with votes and popularity.
The Impossible Art Formula by UniArts on Polygon will be available around October 15th 2021.As a hub for NFT artists, UniArts will continuously add new features on its ecosystem to improve the user experience of every participant, from the artists down to collectors.
4. How does UniArts work?
People in social media click “like” or “dislike” with out any cost, yet it may suggest the Popularity of an artwork. But what if every “like” vote actually cost something?In UniArts, people need to “staking” UniArts token, UART, to vote for an artwork. Staking and vote won’t cost any token, but they will lose at least 28 days of liquidity, which means people can not transfer or sell their tokens during this period.
So in a way, their is a potentially cost for every vote. So if that’s the case, why would anyone vote any way?Because there is a compensation for their lost of liquidity, they will be reward some tokens for their staking and votes.
If the art work is sold after the vote, they will be reward extra tokens, the higher the price, the more token will be rewarded. So everyone will be carefully choose the artworks that they believe would sold well.
5. How will UniArts help creators?
Helping creators is one of our key missions, so I am glad you asked. We hate that the artwork market is currently being monopolized by so few contributors. It is a shame to see so many talented artists being rejected by galleries and their works underestimated.
In UniArts, artists don’t have to sell their works, being loved by people and being voted in will receive reward as well as a chance to receive art grants and get listed in offline curation.
For creators and collectors, All you need to do is to mint your artworks with UniArts, and get it ready to be voted. Once started, the more votes your work receives,the more the tokens will be minted into the NFT of your work.
This would provide further Inspiration for people to collect your work, because they can choose to pin the NFT on their address to retrieve tokens. If you want to keep your work, just pin the NFT with your own address, and you may retrieve the tokens
UniArts is a decentralized incubation system for creators and art collectors, plagiarism of original artworks are the most problems in art world. So how Uniarts protect the creativity of artists? Will there be copyright laws or image recognition algorithms?
A:We have Specialist to review artworks, users can also report plagiarism we will handle the verification of the platform side, and in the future will also be through the index library image identification and comparison, to achieve artist copyright protection.
Currently, most projects and platforms are in English. How will Uniarts reach non-English local communities? Do you have any plan for them to better understand your project?
A:Thanks for your suggestion we are working on the Spanish community and will support more languages in the future.
So do you guys have any big nft projects.
Or something Big airdrop which can change someone’s life.
A:We’ll be announcing big NFT projects and many airdrops afterwards,
please follow us on our Twitter and Telegraph groups!
Telegram News: https://t.me/uniartsnews
Please follow our social media platform for the latest news, and there are many airdrop activities!
What are the attractive features in your project? What is the vision and goals in your project that you want to achieve in 2021 and beyond?
A:The native digital cryptographically-secured token of UniArts (UART) is a transferable representation of attributed governance and utility functions specified in the protocol/code of UniArts, and which is designed to be used solely as an interoperable utility token on the network In UniArts, people need to “staking” UniArts token, UART, to vote for an artwork.
Our goal in this year:100+ nodes, 5000+ art works voted and mint with block reward, 10000+ Nominators
So, do you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
A:There are no plans to burn tokens for now.
LIVE Q& A：
A:[In reply to đây Thuý Kiều]
Yes,we are goble project.We have done AMAs in the Vietnamese community
A:[In reply to ��������� l_LAVE_YOU ❣️❣️❣️]
A mobile app that supports NFT trading with flat money, which is currently in official business operation. UniArts only provides tech support for this APP.
A:[In reply to Khắc Bảo]
2021Q3UniArts final test net Version: Fuxi
Beta version of the NFT Auction House
NFT Maker Pro Beta
NFT cross-chain bridge
Release of the first batch of commercial NFTs
On-Chain Flow2D NFT
End of private sell
Mainstream commercial IP NFT solution
NFT Mart SDK
On-Chain Flow2D SDK
Famous IP NFT issued on UniArts Chain
NPoS voting.Web3 Foundation has announced the 11th batch of Grants.Partying faceUniArts team’s SR25519 (Ruby Substate Client) and UniScan NFT Explorer, are awarded grants in Development Tools category and Application category respectivelyWe are now fous on t the upcoming gallery:https://af.uniarts.network/
UniArts Network will launch their Impossible art formula on 15th Oct!
Learn more: https://af.uniarts.network/
Telegram News: https://t.me/uniartsnews