For years art was only accessible to people within a tight-knit community, but now things are changing for the better.
With UniArts you’ll be able to purchase NFTs, motivations for purchasing NFTs include both investment and collection purposes.
Pinning the NFT onto one address will permanently eliminate its liquidity and remove its investment value.
UARTs earned as such compensate for liquidity loss, which also makes UARTs a value vehicle for artworks incubated by UniArts.
We currently have a UniArts Blockchain Network, currently running in PoA state; NPoS & Governance modules are under development.
The wallet is still under development but here are some details that are planned surrounding the wallet the unit art wallet has a cross Chain Bridge and mobile app for IOS and Android users May easily access, store, or perform the cross-chain transfer for both fungible and non-fungible assets across multiple blockchain networks.
The current token supply before the mainnet launches is 100 million.
How does UniArts promote the fair valuation of art?
UniArts has achieved this through its NFT voting mechanism, a system designed to democratize art using blockchain technology. To summarize this mechanism, users on the platform that stake $UART (the native token) become eligible to become a nominator, and by doing so, earn voting rights on newly minted NFTs.
If you’re an artist reading this, you’re the crux of our entire design.
Using UniArts you will mint your creations into NFTs, immediately enabling them to be voted upon.
Popular works will receive more votes, embedding more tokens into the NFT and increasing its overall value.
The NFT voting mechanism we have introduced will help to create a fair valuation for art.
Our slashing algorithm will protect the ecosystem from attacks and unstable block validation.
UniArts helps in the decentralization of the art world.
Join us on our journey.
Twitter: https://twitter.com/UniartsNetwork
Telegram: https://t.me/uniarts
By: Uniarts Network
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