Uniqly is an NFT marketplace and warehouse that allows users to design and mint their clothing as NFTs. Users can also materialize their NFT into a physical item. Every physical product created has a QR code engraved on it, linking the item to the NFT, which provides indisputable proof of authenticity.
What is Uniqly (UNIQ)?
Uniqly (UNIQ) is a marketplace and custodian for Tokens non-fungibles (NFTs), with the possibility of materializing them in the real world. Uniqly does this by allowing users to create their own unique clothing items such as hoodies and t-shirts and issue them as an NFT. Uniqly and its partner companies manufacture and ship the clothes, which can be created by influencers, celebrities or ordinary people.
Each product created on the platform is associated with an NFT that represents its real-world value. The clothes are printed with QR codes that link to each item’s NFT, providing indisputable proof of their authenticity and ownership. Uniqly is targeting the global apparel market, as its solution could be a useful way for apparel brands to combat the circulation of counterfeit items.
How does Uniqly (UNIQ) work?
Uniqly’s (UNIQ) flagship product is its item generator, a multi-purpose tool for creating original clothing and accessory designs. With the generator, users can create unique clothing, from t-shirts and hoodies to caps and masks. For example, if an influencer wants to create their own clothing line, they can do so with the generator, and the design would be manufactured by one of Uniqly’s partner companies. Fans can then purchase the NFT that is attached to the outfit At Uniqly, when a user wants to physically receive a real-world item, the corresponding NFT is burned so it cannot be reused.
Uniqly also offers an escrow service whereby users can send clothing to Uniqly as a trusted third party and receive an NFT in return that can be traded or leveraged for financial use on its NFTfi platform. In this marketplace, users can trade NFTs that are backed by real-world items, essentially allowing them to trade parts of a brand. Another service offered by Uniqly is the materialization of NFT tokens, through which users can receive NFT art in three-dimensional form: either as a high quality print representing the NFT or as a canvas print. Each materialized item comes with a QR code that confirms its origin.
Uniqly features
Uniqly has some cool features. In addition to purchasing existing NFTs on Uniqly.io, users can also create their own. Generator allows users to produce unique clothes and mints as an NFT. This can be used by influencers, celebrities and regular users. The corresponding NFT token will be written to redeem the physical item, to prevent the token from being used again.
It is important to note that physical items are not limited to clothing. Uniqly also provides NFT token materialization such as high quality printed artwork, canvas printing and more. Additionally, Uniqly provides an escrow service where they can help brands offer unique physical items alongside an NFT collection. In addition, users can also earn some limited NFT when betting on UNIQ tokens. Uniqly is currently developing mining pools and further collaboration with other projects.
UNIQ token
The total supply of Uniqly (UNIQ) is 13 million. Launched in March 2021, the UNIQ token was originally an ERC-20 token. However, he can now bridge to Polygon (MATIC) for a lower gas rate. In addition, it has many use cases and incentives for Uniqly.io users.
Uniqly.io users get special discounts on items and commission fees when using the UNIQ token. As mentioned, betting UNIQ can also give participants advantages to receive a special NFT. Additionally, 15% of all Uniqly.io net profits will be used to buy back tokens in its Buyback and Burn program.
Uniqly Price Forecast (UNIQ)
Uniqly price is predicted to reach a maximum level of $0.3066 throughout 2022. As early as 2023 according to our crypto price prediction index, in 2023 Uniqly (UNIQ) price may reach a maximum level of $0.590 , with the average trading price of $0.4388.
In 2025 according to our crypto price prediction index, UNIQ is expected to cross an average price level of $0.711. The expected minimum Uniqly price at the end of the current year should be $0.657. Furthermore, UNIQ can reach a maximum price level of $0.725.
Final Thought
Uniqly has a unique concept in bridging the gap between the digital and physical world. Although it has opened stores in two of the most popular metaverses, the project has yet to gain popularity. There is also a concern about the high price of the physical item and the high gas rate because of the network Ethereum. However, Uniqly has already launched a Polygon bridge and is working with Engin to launch on Efinity, which will be on the blockchain. Polkadot. This project is flying under the radar. It will be interesting to see how popular it can get when a famous influencer or NFT project uses its service.
