UniArts Is Launching On Polygon To Offer Innovative Impossible Art Formula
UniArts will launch its Art Formula on Polygon to allow its users enjoy the incredibly affordable transaction fees on the full-stack scaling solution. Polygon has been at the forefront of solving scalability issues with its commit-chain functionalities, and by being live on it, UniArts’ users can enjoy a highly scalable transaction process.
Polygon: A Crucial Commit-Chain
Polygon has written its name on the sands of crypto history as a protocol that is solving the inherent issues noticed in Ethereum. As a full stack scaling solution, it seamlessly solves issues like low throughput, high gas fees, and so on. Leading projects in the blockchain space have found recourse by using the features that Polygon offers.
According to Polygon, “it is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. Aggregating scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem.”
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 Sep 30, 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.
Polygon is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building and connecting Secured Chains like Optimistic Rollups, zkRollups, Validium, etc, and Standalone Chains like Polygon POS, designed for flexibility and independence. Polygon’s scaling solutions have seen widespread adoption with 500+ Dapps, ~567M+ txns, and ~6M+ daily txns.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
UniArts is a multi-network NFT ecosystem with substrate developed main-net as well as EVMs based smart contracts for NFT infrastructures, it also provides crowd voting incentives, DAO curation and art grant to help better achieve democratization of art.
With UniArts, artists can create NFTs with their works, and UARTs token holders can stake their tokens to vote for these NFTs. UniArts’ consensus mechanism mints part of the block’s reward to the NFT for making it a composite asset of both fungible and non-fungible tokens. It allocates the rest of the block reward to the token holders who placed the votes. As a result, NFT artworks attached to extra tokens provide more incentive for collectors to purchase them. Based on this fact, owners may choose to lock their NFTs to their address, sacrificing their liquidity as a trade-off to ownership maintenance.
Learn more: https://af.uniarts.network/