DOUBLE TOP Research: Unique Network
Early investment is always high-risk, and there is no guarantee that many of you will be able to get into a Private-Sale or become early supporters. But the lucky beggars who manage to put their money into a genuinely top project will receive a blissful «X» and multiply their balance.
Do your own analysis before listening to someone else's opinion and invest wisely.
DOUBLE TOP Research analytics is, first of all, a subjective opinion, which, although based on an analysis of indicative factors, is not direct investment advice.
Unique Network
RU: https://telegra.ph/DOUBLE-TOP-Research-Unique-Network-09-10
Useful links: Twitter, Website.
Unique Network is an NFT network for Kusama and Polkadot ecosystems. It is a platform for creating NFT marketplaces, NFT galleries or video games on Kusama and Polkadot with monetization mechanisms for artists and network members.
Project goal: to build a comprehensive NFT infrastructure for the Kusama and Polkadot ecosystem.
The Unique Network team created the first NFT collection on Polkadot called Substrapunks, which won the Hackusama (Kusama hackathon) in 2020.
Unique Network also sponsored a crypto exhibition called "Virtual Niche" in Beijing, which featured prominent crypto artists such as Robert Alice and Beeple.
The project is searching through dotmarketcap: https://dotmarketcap.com/coin/unique-network/1.
Team:
- Alexander Mitrovich (CEO) is a partner of Usetech, a high-profile Russian company developing software for business since 2006. For 3 years, he worked at IBS, a technology partner of Russian business and government agencies, and for 9 years at the digital behemoth Luxoft.
- Gregory Zaitsev (CTO) also worked at Usetech. Before that, he was a software developer and architect at Lenovo and a large provider of money transfer automation, ARCA. He has been working in the field of development since 1998.
Usetech developed products for the Polkadot ecosystem, Ethereum, Cosmos, EOS, Hyperledger, IOST, NEM.
The list of project advisors includes Polkadot / Kusama Council members, gaming professionals, Co-founder Sandbox, President BGA, Founder of Master Ventures, and Paid Network.
Investors and partners:
- In spring 2021, they raised $4.3 million from prominent funds, mainly Outlier Ventures, Animoca Brands, DFG, and others.
- The UN partnered with the Unique Network platform to develop an NFT platform under the Digital Art for Climate Action Empowerment program.
Other contributors to the program include AAI GLOCHA, UN-Habitat, Social Alpha Foundation, Exquisite Workers, and Pallette69.
DigitalArt4Climate: https://digitalart4climate.space/#art_competitionThe
DigitalArt4Climate initiative aims to combat human-induced climate change.
The UN commented that "The United Nations has recognized NFT technology as a unique new medium for creative expression that can help reinforce awareness of climate action."
• NFT metaverse https://nftmoon.space/ had a partnership with Unique Network, which we considered a candidate for promotion.
Tokenomics:
They raise a lot, but according to recent tendencies of attracting a mint of money in the early rounds, the project has reasonable appetites.
- They are quite likely to attract $9.3 million more in the second presale after raising investments from Outlier Ventures, Animoca Brands, DFG.The complete list of funds is still unknown, but Animoca stands out in the NFT market.
Unique Network plan to launch a parachain. The token will be frozen until the launch. The conditions for the public parachain will be announced later.
Locks are not the best and considerably short-term as for a long-term project.
Participants of both pre-sales have identical 1 month of lock and 6 months of vesting, and the price is almost the same.
It is embarrassing that, although gradually, 10% of tokens will be unlocked simultaneously, which means a gradual drain of at least $ 15 million, which can be a severe challenge for the order book.
Roadmap:
In 2020-2021 they did quite a lot, including a bridge to the Kusama network, smart contracts for NFT, NFT Wallet, SDK, SubstraPunks collection, Marketplace, audit and Chiba art gallery.
Until 2022, he plans to develop public and NFT infrastructure and launch Polkadot gaming and art services.
Results:
A project has high potential to become an important player in the NFT sector in one of the most promising networks, Polkadot / Kusama, which everyone is actively monitoring because of the start of parachain auctions.
This field is already actively developing in other blockchains and, for some reason, is still not particularly noticeable in Polkadot.It is still a question why Unique is so under radar, since, in April, they had a 4.3 million pre-sale from Outlier Ventures, Animoca Brands, DFG and others, which has been proven.
The partnership with the UN increases interest in the project, and the team has significant experience in developing and working with various blockchain ecosystems.
The only worrying issue is short-term locks for the 15 million pre-sale participants.
According to the roadmap, there are no details of tokenomics and product development yet, but the testnet has been operating since 2020. We are waiting for MVP and stay up to date with the project.