User:DFTonee/sandbox

Unique Network


Unique Network is an NFT-specific blockchain revolutionizing the NFT landscape by providing brands and creators with an innovative infrastructure to realize better community engagement opportunities and capitalize on sustainable revenue-generation models.

History
Before teaming up to create Unique Network, Greg Zaitsev and Alexander Mitrovich worked in different roles within the development and corporate industries.

After multiple successes, including winning two awards, “Build-a-Blockchain Champion” and “Community Choice,” at the first Hackusama hackathon in 2020, this duo pivoted UseTech, their project into Unique Network.

Closely after this, Unique Network released the first NFTs running on Substrate, the base framework behind every parachain, including Polkadot and Kusama. This NFT collection called Substrapunks was a tribute to the well-known first NFT collection on Ethereum, Cryptopunks. It cemented Unique Network’s place as the first NFT chain on Polkadot and Kusama.



In its journey, Unique Network has received five Web3 grants, joined as Polkadot Ambassador in 2019, and remained part of the Kusama NFT Strategy.

Vision
Unique Network's goal is to make NFTs available to many users and promote mass user adoption. The platform also intends to promote user participation through sustainable technology and an advanced NFT platform.

With the power to combine advanced security, customizable economic models, and tokenized ecosystems with open-source code, Unique Network has demonstrated how NFTs can capture real-world value on the blockchain.

Through its groundbreaking application of blockchain and NFT technology, Unique Network is revolutionizing how assets are digitized with features that create a stronger bond between holders.

From financial value to social capital, the possibilities for enriching asset relations have no boundaries — providing real-world solutions conducive to everyone's needs.

Technical Aspects
Unique Network is a Substrate-based NFT chain for the Polkadot and Kusama ecosystems. It provides all basic NFT functionality provided by other blockchains, including minting, transferring, and burning NFTs, as well as the basic tools required for those functions – a wallet, minting solution, gallery, and marketplace, all of which can be a white-label suite.

Unique Network also signifies the power and flexibility of Substrate by providing sophisticated features such as flexible economic models, scheduling, and refungibility, which are compatible with EVM and Solidity and specially designed for future NFT application developments.

In terms of ecosystem, Unique Network offers several advanced features and tools to serve its developers and rising community:


 * SDK

A platform-specific application development toolset that allows developers to integrate every Unique Network Chain features into a Web3 application without interacting with low-level API. This Javascript/Typescript (JS/TS) ready SDK provides a framework for rapid dApp development on the Unique Network blockchain


 * Nested NFTs

A unique NFT format allowing developers to create novel NFT relationships by nesting tokens within NFTs. It is useful for NFT games and marketplaces because it allows for such nesting.


 * RFTs (Fractional tokens)

Re-Fungible token technology makes premium digital assets accessible to the masses through democratization. Shared ownership of assets, i.e., the fractionalization of Cryptopunk #3042, is an example of shared ownership in the real world.


 * Transaction Fee Sponsoring

Transaction fees can be sponsored, which protects end-users from the hassles of charge processing. For example, in the Unique Market, users need not pay any charges for listing NFTs. This removes the requirement for them to acquire or preserve any native fungible token quantity to participate in the market.


 * EVM-Compatibility

The Unique Network provides an approachable ecosystem for Ethereum users and developers by providing ERC-721 functionality through the NFT pallet, EVM smart-contract support, and Minting NFTs with Metamask. This allows for the support of standard EVM smart contracts, the ability to create NFTs without smart contract deployment, and even Collection sponsorship (transferring, approving, minting) by a specific address balance set as “CollectionSponsor.”


 * Pallets

NFT pallets built into Substrate’s smart contract pallet are one of the open-source components of Unique Network. From fungible, Substrate’s smart contract pallets, and the re-fungible and non-fungible NFT pallets.

These pallets serve different purposes. For instance, Fungible allows for handling fungible assets, Substrate’s smart contract pallet allows for non-fungible handling assets, and re-fungible lets you handle fractional tokens. Substrate provides non-fungible NFT asset management, and structure provides nested tokens management.

The proxies for RMRK Core and RMRK Equip mirror the functions of these modules, and the scheduler can schedule dispatches. Several pallets govern Unique transactions, including Common, Unique, and Sponsoring.

Applications

 * Next-generation applications

Compared to many other NFT projects, Unique Network's major difference is that it is a blockchain that enables the development of new NFT dApps. It is also possible to migrate existing NFT solutions to achieve greater scalability.

The new functionalities provided by Unique, such as nested NFTs (NFTs may be nested to other NFTs), refungibility (NFTs can be split into multiple pieces natively, i.e., RFTs), and interoperation (into the Polkadot ecosystem and with Ethereum), are also possible. EVM compatibility is also possible with Unique Network's parachains.


 * Flexible economic models

Freemium games, sponsored transaction fees, subscriptions, and scheduled transactions are now available on the Unique Network blockchain. This option gives users developers more flexibility in how they use the platform, dApps, and NFTs, as there is no upfront cost or investment.


 * Scalability & Interoperability

Unique Network provides more accessible alternatives to the NFT ecosystem and markets, with limited barriers to entry. For instance, there is no need to worry about network congestion, scalability, or high transaction fees with Unique Network, since Substrate is used.

Thanks to the Substrate technology and the EVM, Unique Network is compatible across Polkadot, Kusama, and Ethereum networks. All classic Ethereum tools are supported, including the EVM, MetaMask, ethers, and hardhat. All interface methods are provided in Solidity and an easy substitute for OpenZeppelin components.

Available Chains
The four chains provided by Unique Network serve multiple purposes and have individual characteristics:


 * Unique

Unique is a Polkadot parachain. This is the mainnet, and it provides the production environment.


 * Quartz

Quartz is a Kusama parachain. The canary network for the Unique is a testing environment for new functions and applications expected to be deployed onto the mainnet. Compared to Unique, Quartz is less prohibited and more open to innovation, but it is still fast enough for real-world utilization. Because it receives updates sooner than Unique, this is a mainnet that functions as a production environment.


 * Opal

Opal is Unique’s testnet. It receives updates earlier than Quartz, and since the OPL tokens are free (obtained via a Telegram bot), you can test anything on this network for free.


 * Sapphire

Sapphire is the mainnet for the production environment with the quickest time to market (usually one week after the Opal testnet). So, it provides early access to the new features in the production environment.

Partnerships and Use Cases
Unique Network's innovative NFT solutions have opened the door to collaboration with nearly a dozen Web2 and Web3 projects. These include Lemonade Social, Artpool.XYZ, OG protocol , Supra Oracles, Livetree, Sovereign Nature Initiative, and even UN-Habitat.

Denominations
Tokens tickers — UNQ, QTZ, OPL

Initial supply (Respective to each chain) — 1,000,000,000

Original author(s) — Alexander Mitrovich, Greg Zaitsev

Unique Network launch announcement — September 2020

Code repository — https://github.com/UniqueNetwork

Techpaper - https://github.com/UniqueNetwork/techpaper

Development status — Active

Ecosystem — Polkadot

Software used — Parity, Substrate, C++

Consensus mechanism — Proof-of-stake

Available chains — Unique, Quartz, Opal, Sapphire

Website - https://unique.network/

Twitter - https://twitter.com/Unique_NFTchain

Telegram - https://t.me/Uniquechain

Discord - https://discord.gg/uniquenetwork

Linkedin - https://www.linkedin.com/company/unique-network/

Instagram - https://www.instagram.com/uniquenftnetwork/