UniArts is a leader in providing tools to make artist adoption of NFTs a seamless process. It has actively created a safe haven for artists to market and mint their art in NFTs and then sell to collectors. The functions within the ecosystem are overwhelming.
UniArts has launched its Impossible Art Formula on Polygon, which hosts high-demand NFTs. As a gallery, NFT art enthusiasts can seep in to vote for the NFTs on display.
In the “Impossible Art Formula”, $ UART holders are considered “nominators” and pledge their tokens as “votes” for an NFT they admire. The more votes an NFT receives, the more people approve of it and the higher the level of consensus. When people have to invest in their decisions, they become much more selective. Since there is a value in $ UART, the votes an NFT receives indicate its fair market value. In the early stages of UniArts’ development, the small user base may not be enough to tie the word fair to the value of NFTs, but as the network expands, it becomes more and more compelling. This process can be referred to as “Appreciate to Earn”.
“Appreciate To Earn” is a new concept and subset of “Play To Earn” in that simply appreciating an NFT is similar to the process of playing. Axie Infinity, a chain game popular in the crypto community for some time, relied on this “play to earn” concept as fuel to expand its user base. From this verified example, we know that it is a viable business model.
This new feature, Appreciative Mining, rewards NFT artists and increases their popularity in the space. The votes of other community users reward NFT creators and owners. To put and vote on NFTs, UART is not the only accepted type of token, UniArts also allows you to vote with wETH in their gallery. More people are encouraged to vote for their favorites as they don’t have to buy UARTs first and the minimum usage time is no longer than 24 hours. However, the longer you bet, the more reward you get. It’s a win-win situation for all community members. Art lovers can bask in the beauty of the artwork, while artists are rewarded with votes and popularity.
And now the first voting round has ended, all NFTs voted will now be auctioned. You can see how many UARTs are minted in the NFTs, and all of these UARTs are available to the NFT owner to get.
As a hub for NFT artists, UniArts will continually add new features to its ecosystem to improve the user experience of every participant, from the artists to collectors.
1. UART & WETH holders can use their token to vote for NFTs they believe are the most sought after in order to receive a UART reward.
2. There are 6 NFTs candidates for each ballot, the duration of which is 14 days.
3. All NFTs will be carried over to the auction round after the voting round is complete and the auction deadline is 7 days
4. Depending on the number of votes received from each NFT, UART rewards will be poured continuously into NFTs that can be accessed by the owner.
5. Voting for NFT does not cost a token, the chosen token can be accessed the next day at 00:00 UTC.
6. The voting bonus will be distributed daily at 00:00 UTC during the voting period.
7. The auction premium will be distributed after the auction round. The higher the deal price, the more benefits are available to the NFT voters.
8. If NOT retrieved, the chosen token will be counted as an additional vote for the same NFT.
9. 1 WETH vote = 100 UART votes
10. Both voting rewards and auction rewards are initially bound. You’ll need to unfasten your UARTs in order to withdraw them into your wallet. Bonded UARTs can be used to vote for NFTs for more rewards. Unbonding UARTs CANNOT be used for voting.
11. It takes 60 days to redeem UARTs, and 1/60 of the total amount is released every day during the process.
HIMBAD, Kalman and Ruofan Chen are the first artists to be presented on the UniArts platform after the go-live. We interviewed these three influential artists to review their creative journey and history with NFT. Everyone can vote for their favorite works with UART / WETH.
Himbad is a British graffiti artist and illustrator. His graffiti are spread around the world and can be found in Ibiza, New York, Berlin and Beijing. Imbued with bright and vivid colors of fantasy, he explores topics from the depths of the human mind and subconscious. Himbad’s works are inspired by his exploration of Celtic mythology, Egyptian folklore, and Eastern legends with his unique sense of absurdity.
Kalman Pool completed his BFA at the School of the Art Institute of Chicago in 2019, followed by his MA in Painting at the Royal College of Art in London in 2021. At the same time, he visited the Swatch Art Peace Hotel as Artist in Residence and was invited to do his whole Design your own Swatch X You Watch. Inspired by “BioArt” and natural history, Pools’ interdisciplinary work investigates the dialectical relationship between virtual and physical and reconciles both by creating fantastically produced, bio-mutated phantasms, inflatable images in VR, and creative pictographic language pieces.
Pool participated in numerous art galleries in China, Europe and the USA. His solo expressions include “Mutation” at the Red Gate Gallery in Beijing and “New Tales Retold” at the IAG Gallery in Shanghai. Pool’s solo exhibition is currently held at the Jupiter Museum of Art in Shenzhen, China. This exhibition shows his recent advances in conceptual VR development, factory manufacturing, and 2D painting over the past few years.
Ruofan Chen (* 1996, Hubei, China) lives in London. She holds an MFA from the Royal College of Art, London and a BFA with honors from the School of Visual Arts, New York. Her recent work focuses on the flow of human emotions in relation to technology. Chen loves to demonstrate the subtle emotions in life and to express them through a combination of nature and technology. Chen has shown solo exhibitions at Powerlong Art Center, Xiamen (2020) and Paper Gallery, Manchester (2020) and has participated in extensive global institutional exhibitions, including Tang Contemporary Art, Hong-Kong (2021), Yuan Art Museum, Beijing (2021.) . ), Royal Scottish Academy, Edinburgh (2021), West Bund Art Center, Shanghai (2020), Southwark Park Galleries, London (2020) and others.
UniArts is a multi-chain bottom-up valuation system for NFTs with a mainnet developed on substrates and EVM (Ethereum Virtual Machine) -based smart contracts for the infrastructure. It also features crowd voting / DAO curation for the arts, distributing incentives to contributing content creators and art enthusiasts, and arts grants to help better democratize the arts and identify the fair value of NFTs.
The Web3 Foundation has announced the eleventh series of grants. SR25519 (Ruby Substrate Client) and UniScan NFT Explorer from the UniArts team receive grants in the development tools and application categories, respectively
Learn more: https://af.uniarts.network/
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