KAKA’s newly released KAKA Rabbit will find its fair value for the first time on the UniArts network
We are pleased to announce that UniArts Network and KAKA NFT World have formed a strategic partnership. UniArts will release 6 new special Christmas models for KAKA NFT World on Christmas Eve, December 24, 2021 in the Impossible Art Formula gallery as part of KAKA Rabbit’s fair value discovery and issuance services.
UniArts’ choice to work with KAKA NFT World is based on its competitive gaming ecosystem platform that focuses on blockchain gaming. It is combined with ecological application of NFT + DEFI sectors to build up a transparent and decentralized valuable project for the ecosystem. KAKA Official has many IPs with impressive designs, among them being the KAKA Rabbit NFTs which act as both a crypto avatar and a metaverse key with various privileges.
KAKA NFT World chose to partner with UniArts because of their special NFT infrastructure that sets them apart from their competitors. It is a multi-network NFT ecosystem that can provide NFTs with first value discovery and issuance services, such as creators, collectors, project parties, etc, and can collaborate with UniArts to put their works on the chain to allow community users to vote on the NFT works. Those pieces that have been voted on by users will receive the new UART block rewards, of which the rewards for NFT works are expressed in the form of UART minting into NFT. Outstanding works and unique-minded users will also have the chance to exhibit and curate in offline events.
KAKA NFT World will release 6 different KAKA Rabbits in UniArts’ NFT gallery, The Impossible Art Formula, to discover their market value. The whole process is divided into a voting round and an auction round.
Firstly, UniArts users who hold UART or WETH can vote for their favorite KAKA Rabbit through staking, in which they receive UART according to the duration and quantity of staking.
Second, KAKA Rabbit will be continuously cast into the corresponding number of UARTs according to the degree of community users’ love. KAKA Rabbit represents the recognition of the community users through the number of UARTs it has mint into it, and these UARTs will make up its base layer. As a result of value support, KAKA Rabbit will become collateral on UniArts’ future lending platform.
Finally, if the user’s favorite KAKA Rabbit is auctioned and sold after the voting round, the user will get more UART revenue that is proportional to the KAKA Rabbit auction transaction price.
By actively appreciating KAKA Rabbit NFTs, users have earned income along the way. The principle is “Appreciate to Earn” — a fundamental economic principle of UniArts. To learn more about “Appreciate to Earn”, please refer to the following article:
About KAKA NFT World
KAKA NFT WORLD is a competitive gaming ecosystem platform focusing on the metaverse blockchain gaming sector. It is committed to combining the application of NFT+DEFI in the ecosystem, constructing a cross-chain bridge based on the concept of global decentralization, integrating various IPs of global brands, and creating Decentralized Autonomous Management (DAO). It aims to create a prediction agreement parallel to the e-sports prediction market, as well as an open, transparent, decentralized, and complete project for the ecosystem. The main sectors are divided into the two following categories: providing services such as R&D, sales, trading, circulation, e-sports, and trendy games for game and art NFTs; focusing on the prediction market in the field of e-sports (Prediction Market).
About UniArts Network
UniArts is an Exhibition and IDO platform for NFTs with value discovery as its core feature. It also provides Art-Fi features that covers NFT voting incentives, DAO curation, NFT financing and artworks NFT gaming, to better bond & connect fine art NFTs with the community. UniArts is also developing its substrate-based network with EVMs powered smart contracts for NFT infrastructures.