Hello, Satoshi clubbers and guests of this site. Today we have an AMA session with a crypto project that created a truly decentralized non-profit platform owned and managed by the Digital Arts community, bringing together Artists, Creators, and Collectors as One. There are no commissions for artists, but there are awards for publishing works. There are functions like Usage Mining – collectors and creators rewarded for activity by cryptocurrency. $RARE token is part of the Unique family and gives rights to HOLDERS to get special privileges such as :
Ability to vote on governance decisions
Ability to vote in contests
Ability to mine $RARE as a liquidity provider
Share of platform fees
The plan of AMA session:
- Part – Introduction and preselected questions.
- Part – Live questions
- The Quiz about Uniq
The reward pool is 500$
Leading the AMA our clever and fun admins:
Mary | Satoshi Club – @madamlobster and D. | Satoshi Club – @Cool_as_Ice
The Representative of the project:
Unique G: Will never DM first – admin of the Uniq Telegram group.
Introduction of Unique.one project
Gold Rocket | Satoshi Club:
Good morning friends! Let’s start our AMA marathon!
D| Satoshi Club:
Hello, Satoshi club! our AMA session today with Unique.one! @un1qu hello and welcome!
Gold Rocket | Satoshi Club:
@un1qu We are glad to welcome you to Satoshi Club!
Unique G: Will never DM first:
Hi everyone.
I am really glad and honored to be here with Satoshi Club members. I have been a follower of Satoshi Club for a while now and have seen the tremendous growth achieved by the admin. Congratulations on having a wonderful community. Here at Unique One, we are also a community-based project and I hope to explain more about this during this session.
D| Satoshi Club:
Thank you very much for your kind words!
Gold Rocket | Satoshi Club:
Thanks for joining
Unique G: Will never DM first:
Thank you.
Gold Rocket | Satoshi Club:
First, tell a little about yourself
D| Satoshi Club:
Yes, let’s start with a brief intro
Unique G: Will never DM first:
I am Unique G and I am the admin for our Telegram group. We are a group of crypto purists and we have mainly been investors but also have been involved in crypto projects in this space for several years. We say we are purists in the sense that we abhor any involvement of corporations in this space. The ideal crypto project should belong to the community and not by a handful of people and certainly not profit-seeking corporations.
Gold Rocket | Satoshi Club:
And also we are very interested to learn more about your project
Unique G: Will never DM first:
Absolutely, let me explain why we embarked on this project. We saw that most of the NFT Art marketplaces are run as a business and not as a community. They are also charging artists and charging big platform fees. Others are not so open to new artists and run more like a traditional art gallery. We also have a lot of censorship and bans because the administrators of the platform feel like it and this is done without reason. We see it is the worse combination possible, a dictatorship and a corporation. Unique One is the purist response that a pure community-run platform can succeed.
Unique.One aspires to be a truly decentralized digital art marketplace that supports Artists instead of profiting off them. We are non-profit seeking and have a net-zero fee policy. We believe in supporting Artists and do not charge Artists for creating work.
The ultimate objective for Unique.One is to create a vibrant true decentralized marketplace independently operated by the Digital Art community which will offer new and professional Artists a place to socialize and push their creativity to the limits in a fair and level playing field.
Unique will be governed by a DAO for true decentralization. In the first phase, we will gather community votes via a snapshot. Right now, we have the ratification of the Unique One DAO Governance Proposal. All token holders will be able to vote at governance.unique.one
Gold Rocket | Satoshi Club:
Indeed, this market just needs something like that!
D| Satoshi Club:
Unique G: Will never DM first:
The open sea is more of an aggregator. We are more of a marketplace for example like Raible. The difference is that they are corporate and backed by VC and they charge heavy fees. This fee is kept by their team.\
Gold Rocket | Satoshi Club:
@un1qu Can I assume that you are also an artist?
D| Satoshi Club:
Got it. I just never bought anything on the open sea, yet. so it’s new info to me.
Unique G: Will never DM first:
Unique One does not charge artists. We also have a net-zero fee. Let me explain what that means. When a buyer buys a digital art NFT, they are charged a 1% platform fee. Now this fee is collected and goes towards repurchasing $rare tokens from the market. And these tokens are redistributed back to circulating supply token holders
Unique G: Will never DM first:
ZERO.
Gold Rocket | Satoshi Club:
Sounds good
Unique G: Will never DM first:
So the next question is how we can achieve this? It is simple, there is an allocation in the token model for the development and for the DAO governance. So no one needs to take any profit. The smart contract interaction fees is paid by the users to the network because they provide the service. For a company to charge for this is ridiculous and unfair.
The other major problem is with the reward model. For example on Raible, they reward based on the value of the transaction. So this means popular artists will earn most of the tokens. So they have a big problem with wash trading.
So their response is to ban a lot of people and deny airdrops to many parties who may be innocent. This is amazingly unacceptable for us. We are not saying anything bad but there is definitely space for improvement.
Gold Rocket | Satoshi Club:
I understand. We just have a question from the community on this topic.
Unique G: Will never DM first:
Sure.
Preselected questions about the Unique.One project.
Gold Rocket | Satoshi Club:
Q1 from Telegram user @yellowchamp
With your “Artist No-Fee policy” which stated that you don’t charge creators fees. Artists get full price for their work.I’m a little bit confused with this statement, can you explain it more? Why you are not charging creators fees? Do you have any criteria for giving a price with your Artist or it is fixed already? What kind of Artist are you recommending to join your platform?
Unique G: Will never DM first:
Traditionally, NFT platforms will charge the creator a fee for creating an NFT token. Unique One does not charge this fee. So there is no additional cost other than that for the interaction with the smart contract.
The other charge is when the artist sells. On other platforms, they can charge both the buyer and seller 3.5% for example. This means the company collects 7% in total.
Here at Unique One, we don’t charge artists for selling. We only charge 1% platform fees for the buyer. And as I explained earlier, this 1% goes back to the token holders.
Gold Rocket | Satoshi Club:
It’s very smart!
Unique G: Will never DM first:
As for our artwork policy, we accept all kinds of digital art. The only thing that we do not tolerate is copying and selling other people’s work. This is theft! We have clearly detailed in our terms for such violations.
I think people in crypto have to understand that the reason they lose money or do not get full value is that all the value is taken by someone else.
Gold Rocket | Satoshi Club:
Strongly agree about copyright
Unique G: Will never DM first:
We want to prove that blockchain is made for disintermediation and not a tool for intermediaries to use to make money.
D| Satoshi Club:
Do you have a mechanism, how to check that it’s a copy work and not the original one?
Gold Rocket | Satoshi Club:
However, money is also important.
Unique G: Will never DM first:
At the moment it is complaints based. We will depend on the community to keep the platform in order. This way we can keep censorship down to a minimum. Other platforms also ban projects doing airdrops for their community. It is extremely dangerous to play God in a decentralized world.
This is the problem. The community wants to realize value but when the projects are greedy. The community gets burned.
Gold Rocket | Satoshi Club:
You noticed it perfectly! Thanks for the answer! Everything is clear to me. The next question?
Unique G: Will never DM first:
Yes
Gold Rocket | Satoshi Club:
Q2 from Telegram user @Highpee
Unique.One is a permissionless decentralized NFT exchange. Of recent, Defi projects have decided to become open and permissionless in order to gain trust. However, going open and permissionless have its own risk as your codes are open and your project can be easily cloned. Also, some cloned or fork projects have also been found to perform better than the original project. How do you intend to deal with this kind of situation in order to maintain your originality and competitiveness? Are you a clone of a previous project?
Not an easy question
Unique G: Will never DM first:
Sure. For codes, when we refer to open source, it is often the smart contract portion that is open source. We still have to create new code for the website and interface. We studied the rarible code and used a large part of it with the exception of a few parts and made some changes to it. There will be a difference between us and Rarible in the sense that all our codes will be fully open-sourced. This is the principle we live by and we hide nothing.
In terms of competitiveness, there are many improvements we can make and we are looking into such as NFT fractionalization and integration with DeFi. Our policy here is to work with everyone and not do everything ourselves. After all, we are a community project and have no profit agenda.
Gold Rocket | Satoshi Club:
Btw is your team anonymous or are you, public persons? how many people are on the team?
D| Satoshi Club:
And here also we have to ask our favorite question about the audit.
Unique G: Will never DM first:
It is worth noting that Unique One despite being a young low cap project, will be sponsoring ETH Denver 2021 VR Art Gallery. Super-rarre will be displaying their works there. It is a purely digital event that lasts 24 hours for 7 days and free to the public to join. It starts on 5th Feb 2021 and we hope everyone can join in.
Yes for the audit, we are in progress and hope to have the audit results published before our main-net launch on 28th December. We choose this date to launch the main-net because it coincides with the Comiket in Japan which is the major anime and manga event in Japan but it will be done virtually this year. We have very close links with Japan and Japanese projects.
D| Satoshi Club:
This is great!
Unique G: Will never DM first:
I really encourage everyone to look at our mining program and liquidity provider programs. We have transaction mining and also volume mining. Basically, we want to be sure not only whales can earn the tokens. In total, 60% of the tokens of the project can be earned. And the community will own this project in its entirety.
This is our token distribution
Dev Funds – 20%
DAO Allocation – 20%
Creation Mining – 10%
Transaction Mining – 10%
Volume Mining – 10%
Contest Rewards – 10%
LP Mining – 10%
Bounties – 5%
Airdrop – 5%
Our long-term plan is to create an ecosystem of marketplaces and obviously, the $rare token holders will have some benefit when these sister projects are launched. We are also keeping an eye on the Polkadot/Kusama ecosystem and impressed by some developments by Unique Network (no relations).
D| Satoshi Club:
Thank you! @GoldRocket27 do you have any additional questions?
Gold Rocket | Satoshi Club:
I wanted to clarify about the team that helps create this project
Unique G: Will never DM first:
If you guys know anyone, even if they are traditional artists. We have community members ready to guide them and onboard them. We believe there is only a fraction of a possible number of artists that is on NFT platforms.
Other platforms will treat you are customers. Here we treat everyone as members of the community, as it should be.
We are an anonymous team and choose to be for the reason that we want to move this to a DAO governance. Once the DAO governance takes over, then the community will decide what to do when the regulations eventually arrive for DAOs. We call ourselves the founding team and our objective is to pass the governance to the community asap. In terms of expertise, we have veterans with more than 20 years of experience in all the key areas such as marketing, business development, software development, public relations, management, etc. But again, the objective is to pass this on to the community.
Gold Rocket | Satoshi Club:
Unique G: Will never DM first:
We understand choosing to be anonymous also means that people will scrutinize us. This is why we did not go public until we have a test net. And this is why we only list when we are sure we can deploy on main-net. We want people to judge us by the product and experience. Come and talk to us. Sure.
Gold Rocket | Satoshi Club:
Q3 from Telegram user @Pannicota
Hi sir
Unique.One provides for users an ability to vote on governance decisions because it’s built on DAO structures right? But It seems that many DAO project’s voting systems are being Heavily manipulated by some Large Tokens Holders (Called Whales), I said that because big holders = big powers in voting, and tokens are easy to get through exchanges. And it brings bad DAO Voting behaviors, unfair for many small investors, small holders so how will Unique.One provides the fairness / the trusted, the balanced in the DAO Voting process on Unique.One projects?
Unique G: Will never DM first:
This is a great question. Yes, absolutely we recognize this as a major problem. We have released our first DAO Governance Proposal for community voting at governance.unique.one. This is so that the project is from day 1 a decision by the community. In this phase, we are using Snapshot which is an off-chain voting mechanism and yes it uses the number of tokens in an account to count as votes. This is why we have a phase 2 governance.. let me explain.
D| Satoshi Club:
Sure!
Unique G: Will never DM first:
In phase 2, we will adopt a DAO system but it is important for everyone to understand that the DAO is just a mechanism to vote and ratify a decision. The actual governance structure needs to be built on top of this. We have a proposal for the committee which are separated by functions and also by governance or management. We will announce when we are ready but we expect our proposal to be the first in the world. As for the voting power, we have a solution for this. Being an NFT platform, we can easily deploy a system where there will be requirements to participate in voting for certain matters (this means the issue can be categorized and various types of voting used). So for those who qualify, we can issue the person an NFT. This NFT can be deposited into a contract that produces another ERC20 that we will use for voting. So this means one person one vote instead of one token one vote. I hope that answers your question.
Gold Rocket | Satoshi Club:
All clear! Thank you!
Unique G: Will never DM first:
In terms of languages, we have our Chinese site up at cn.unique.one and we should have our Japanese site up soon as well. We will gradually expand to all languages. Sorry I was taking advantage of the delay. Yes, please.
D| Satoshi Club:
Interesting system…
Unique G: Will never DM first:
The technology is very flexible but it is only one part of it. At the end of the day, we are humans and we need a human system as well.
Gold Rocket | Satoshi Club:
You can take your time if you want! we want you to feel comfortable!
Unique G: Will never DM first:
Hahaha thanks. We want people to come to use the platform and own the platform and I hope many of you here will come join us.
Gold Rocket | Satoshi Club:
Please share useful links to the project with our community!
Unique G: Will never DM first:
Upcoming Events
18 Dec to 21 Dec – Governance DAO Proposal Ratification on a snapshot
21 Dec – Unique.one Chinese AMA in Biki WeChat
22 Dec – Biki Exchange and Uniswap Listing + Biki CEO AMA in Unique.one telegram + Biki Grid Trading Reward Programme
28 Dec – Comiket Air + Mainnet Launch
Website : unique.one
Chinese website : http://cn.unique.one
Our Testnet is Live!
http://testnet.unique.one
(We recommend METAMASK on desktop at the moment and remember to select rinkeby network)
Governance Voting
Ratification of Governance DAO Proposal https://governance.unique.one/#/uniqueone.eth/proposal/QmcTuiju5kwREZ6DzM5sBgcbrzDVU6C2txLqZugcsLcgi5
Articles about Unique.one
Introducing Unique One https://uniqueone.medium.com/introducing-unique-one-6cfe19450e3c
Testnet Is Live https://uniqueone.medium.com/unique-one-testnet-is-live-31ac7c567dc3
DAO Governance Proposal https://uniqueone.medium.com/unique-one-dao-proposal-for-governance-structure-bdd7db0ea6bc
CEX and DEX Listing https://uniqueone.medium.com/unique-one-rare-listings-cex-and-dex-392dcfa2482d
Gold Rocket | Satoshi Club:
Wow! Thank you! 
Unique G: Will never DM first:
There are contests as well. The Biki free $RARE sign up is almost over I think. But we have a meme contest coming up for all you creative degens. Biki exchange will have Grid Trading Promo as well. And we will have Uniswap LP rewards and so on. It’s going to be exciting!
Gold Rocket | Satoshi Club:
Amazing
Q4 from Telegram user @lzamg
Most of the new crypto projects start the launch of their tokens with a public or private pre-sale and even airdrops. So I’m curious to know: why did you decide to not do any of this and directly put the $RARE tokens on Uniswap for the people to purchase? Is this a strategy to arise trust and security within the users?
Unique G: Will never DM first:
This is an excellent question. We follow a method called Fair Launch. This means even team members have to buy the tokens as everyone else in the private sale. The main advantage of this system is that it prevents dumps in the market on the listing. We have learned a lot from the 2017 ICO craze and most of the team members and advisors who obtained their tokens free will dump on the market. This means investors will lose their money and there is no end to the price drop. Personally, I have invested in a few of such projects and it is unpleasant. The other key to this is actually the market cap. We only raise what we need to get the platform developed and get off the ground running. There are no extras for us. Other projects will try to raise as much as possible and this is greedy in our opinion. Early adopters need to be rewarded and we have to respect this basic law in crypto.
D| Satoshi Club:
Can you tell us, how much liquidity will you add to the Uni pool? and at what price people can buy $RARE?
Unique G: Will never DM first:
We want to grow from 20 to 200 and from 200 to 2,000.. and from 2,000 to 20,000.. and the only way this is going to happen is if everyone realizes value from the platform. As you can see there are many dead projects in crypto and we believe is it simply bad karma. They took advantage of their community and this project will never succeed.
| Satoshi Club:
Unique G: Will never DM first:
We are listing on Biki Exchange and Uniswap. We aim for a liquidity of at least USD10k gradually building up in the first few days. The reason is that the community needs to come in and provide the liquidity. The method of adding liquidity on Biki Exchange is different and actually very interesting. Grid Trading is actually an automated trading tool and if enough users provide liquidity, you have a very active market. So of course there are risks but we have already allocated tokens to Biki to give as reward. So we think it is a good place to try to earn some tokens as you will be essentially getting an airdrop regardless of trading performance. At first, we were only going to list on Uniswap but then we realize not everyone can use DEX and also not everyone wants to pay the high fees for a trade. Biki Exchange has been very accomodating to us to our surprise and they have 3 million traders and big exposure to China. This is why we created the Chinese website, it is to cater to this community. This was not in our original plan. Additionally, we will also launch a balancer pool. Our philosophy is to give as many options to the community as possible.
Gold Rocket | Satoshi Club:
This is really very tempting.
D| Satoshi Club:
Yes, I actually think it’s a very wise decision to going to the list on CEX and DEX on the same date.
Unique G: Will never DM first:
We expect Grid Trading to have a positive impact on the price (not financial advice). The reason is other traders on the platform will need to buy rare in order to join the Grid Trading contest. It also serves as a liquidity lock. We are hoping for good results but we are in the same position as everyone when it comes to prediction.
D| Satoshi Club:
Thank you for the detailed answers! ready for the next question?
Unique G: Will never DM first:
We are keeping an eye out for the developments on the Polkadot ecosystem and especially Polkaswap which will be a CEX and DEX aggregator. There is no way to get Polkaswap except through the sora and Val farming game at sora.farm. That’s a tip, but really, we are ready to move there from Uniswap especially if it has greater liquidity and rewards. Yes, please.
Gold Rocket | Satoshi Club:
Q5 from Telegram user @Jonahapagu
Unique.One will hold weekly artist contests providing Artists with an opportunity to win $RARE… Can you explain more about this contest how do artists qualify and partake in this contest, and what do they have to do to win… you have reserved 1 million tokens for this, will the contest stop after the 1 million tokens have been exhausted.
Unique G: Will never DM first:
I am glad you asked this question. The artist contest will start in early Jan 2021 and the format will be decided by the community. The topics are endless, we can have character design or landscape, or photo manipulation, or gif. We can also make it a theme like Satoshi or CZ. We can have a collaboration for example with Satoshi Club where we can have a Serg contest. Maybe who makes Serg the most handsome wins. LOL. More importantly, the reason we want to hold this is so that the qualitative aspect of the art is recognized and rewarded. We want new artists to be known, not only the well-established ones. And when they become more famous, we hope they can enhance their ability to earn.
Gold Rocket | Satoshi Club:
Let’s ask Serge
Unique G: Will never DM first:
The token allocation is over 5 years and we believe that we will know whether we succeed or fail over 5 years period. But there is no need to worry after 5 years because the technology would have improved and as long as the DAO decides, the project can adapt to the new conditions and continue to grow. I want to emphasize that the value of digital art is more than what many can imagine. We are looking at a market of tens of billions and where existing platforms especially photography or stock photos can charge as much as 40% for sales. If we succeed as a community and platform, there will be tremendous value for everyone.
Unique G: Will never DM first:
He will say he is already too handsome
D| Satoshi Club:
HaHaHa.
Gold Rocket | Satoshi Club:
I think so too
D| Satoshi Club:
Ok, so who will be picking the winners of the contests? community?
Unique G: Will never DM first:
Yes, the voting will be via snapshot. A platform is just a tool and the team is just a facilitator, the community owns Unique One and they decide.
D| Satoshi Club:
Thanks for the answer! 
Unique G: Will never DM first:
Yes, please.
D| Satoshi Club:
Q6 from Telegram user @Garrinepotter
Farming tokens in liquidity pools is a common and boring business. You create an NFT marketplace where art will be presented as a commodity. Will it be possible to farm on your platform using NFT? For example, for posting quality content. Is it possible to incentivize artists with your tokens? By the way, Satoshi Club we need more people there @unique_one_rare let’s join
Unique G: Will never DM first:
Great question! The idea of farming NFT is excellent and it is something we foresee doing. We may also do NFT games but our idea is that it should be a platform so that others can easily do it. There are some NFT games that are not really open source. Most of the code is actually closed. And yes, we are talking to two NFT fractionalization platforms. As you know the potential is endless for this. It can be used to fractionalize artwork but it can also be used to fractionalize bonds or insurance or other financial instruments. We are at the very beginning of a large revolution. If you guys have a startup idea, please come and talk to us. We are all about community and collaboration. Thank you so much, guys. We really appreciate all your support.
D| Satoshi Club:
Thank you for such cool and informative answers!
Gold Rocket | Satoshi Club:
Thanks for your great answers! Are you ready for the storm of questions?
Unique G: Will never DM first:
I just want to emphasize that you do not have to be a developer to start a project, please come and talk to us. We are also talking to people who are deep into Music NFTs and DeFi. We always believe that relationships come first and eventually we will be able to work together. Yes. I have seen the craziness.. hit me.
Gold Rocket | Satoshi Club:
You have to choose the best 10 questions and answer
Unique G: Will never DM first:
Sure.
D| Satoshi Club:
Great! Satoshi club if you have some good ideas, go and share them
Unique G: Will never DM first:
Absolutely. Satoshi Club is VIP
Gold Rocket | Satoshi Club:
@Cool_as_Ice open live chat!
D| Satoshi Club:
let’s go!
PART 2.Questions about the Unique.one project from the live chat of the telegram community.
In this part, we open a chat for the crypto community for 100 seconds. Then the guests from the Unique.one DeFi project choose the top 10 questions. The 10 crypto enthusiasts have earned cryptocurrency in the sum of 100$.
Q – 1 from a telegram user @Cryptoyese
As someone that has one time visiting Japan. I understand the richness of art in that region. (Say for instance the Aichi Triennale). But with the covid19 pandemic still very much at large, more people chose to spend their time online.. and this has really had a debilitating effect on offline artists.
I’d love to know if you have plans To reach out to the struggling artists on the street of Japan 
Unique G: Will never DM first:
Yes, it is.
Q – 2 from a telegram user @Jonahapagu
Unique.One will be a place where new and professional Artists can push their creativity to the limits on a fair and level playing field..so can anyone with almost no skills be able to create NFT’s on your platform or will this be limited to only professional and experienced people…in other words what level and type of skills do I need to be able to use Unique.one platform to create NFT’s.
Unique G: Will never DM first:
Unique One does have a verified artist program and we believe that a decentralized platform should minimize censorship. Therefore, anyone can participate in our platform. And we do not prevent people from giving airdrops or using the platform creatively. Like we said earlier, we are extremely against copyright violation.
Q – 3 from a telegram user @Spott
No public sales, no ICOs or IEOs for UNIQUE ONE project,
What is the concept behind this?
Unique G: Will never DM first:
It is called a fair launch. Meaning everyone has to buy the tokens including the founding team. We have been invested in other projects that use this principle. Although there are varying understanding of fair launch, we believe this is a good approach.
Q – 4 from a telegram user @zaferce
Digital collectibles are developing as a large amount of funding flow to the digital art market, but the digital art trend in the industry is still not fully developed. How does UniqueOne prepare for the Non-Fungible Tokens (NFT) market and how does it contribute to this trend?
Unique G: Will never DM first:
The art and blockchain trend actually started quite early with the track and trace of physical artwork on the blockchain. In the beginning, it doesn’t involve NFT but it’s just posting the hash to the blockchain. Later, with the Cryptokitties craze, NFT gamification moved the trend one step up. The current trend for NFT and Digital Art is still rather new but of course, the explosion came when a token model was applied. But the problem is that all of these platforms belong to for-profit companies and backed by VC who obviously want to profit. We are here to challenge that.
Q – 5 from a telegram user @highpee
I must congratulate 
You have planned that all your liquidity providers will get a share of 
Unique G: Will never DM first:
The trading pair on Uniswap will be RARE/ETH and the trading pair on Biki will be RARE/USDT. This gives our community the option to choose. We haven’t decided on a balancer but it should be RARE/USDT. This will only be launched once the trading is stabilized.
Q – 6 from a telegram user @kikirush
Why is the team behind Unique One anonymous, don’t you think it can affect investors’ decisions? Do you plan to disclose the identity of the team in the future?
Unique G: Will never DM first:
The team is anonymous because we do not want personalities to dictate where the project is going to go. Actually, the choice of being anonymous is really up to the individual. For example, our committee in the future will recognize members by telegram handle or their social media such as Twitter. If this person wishes to be known, it is completely up to them. We hope that the DAO will be handled by capable people who can take it to the next level, and it is possible this person might be someone well known in the crypto world.
Q – 7 from a telegram user @KASG95
Really, what other great use could NFT art have apart from the use of a collection, which will allow its creators to obtain rights and rewards for royalties? and how much would be the% of royalties?
Unique G: Will never DM first:
So this is an important question because a lot of people do not understand why Digital Art NFT has taken off. So we need to compare to artists on let’s say Deviant Art who is posting art for free and sometimes they hope to get commission work. If they do commission work, then the copyright belongs to the person who hired them. But here in the Digital Art NFT world, the copyright belongs to the artist. So this is why they can collect royalties on subsequent sales of the artwork. Now there are no rules to the number of royalties that the artist can charge. But it is obvious that if the artwork contains royalty of let’s say 30%, then there will not be many buyers because when they resell, they get 30% less. Unique One allows a range of settings but generally, a royalty of below 10% will be better for the resale market.
Q – 8 from a telegram @bitgraile
They say 2021 is going to be a year for NFTs. With lots of NFT platforms sprouting everywhere, which platform do you consider as your biggest competitor and why? Thank you.
Unique G: Will never DM first:
Yes, we believe so too. The space is new enough that we don’t consider any other platform to be a competition. The reason is that we have a different model. Most if not all of the platform is owned by companies and backed by VCs. Their objective is profit. Our objective is to create a community platform. So we don’t have a competitor in this category. And over the next few rollouts, we will be a truly unique platform. I encourage you to try all the platforms and come to our platform and see the difference. Your voice will be heard by people who genuinely want to build for the community and not some poor customer service.
Q – 9 from a telegram user @Alika061
where was the $RARE token listed on the exchange market by the #UniqueOne team and how did the marketing team create mass adopters for the number of tokens to increase? then has the $RARE token price been registered with Coingecko where can I buy the $RARE token?
Unique G: Will never DM first:
We will be listed on Biki a CEX and Uniswap a DEX and we will be registered on Coingecko after launch and I have to say this is nothing special because Coingecko is a fair platform to all. The reason we are waiting is so that we can provide all the information in one form to send to Coingecko so there will not be mistakes or unnecessary updates
Q -10 from a telegram user @notulu
“Unique.one is a non-profit seeking and supports artists and work with zero fees”. So my question is How does unique.one generate profit and what is the main source of income?
Unique G: Will never DM first:
The token model provides token allocation for the DAO and these tokens will be worth something and it will be the decision of the DAO on how to spend this. The entire idea is that the platform can sustain itself up to year 5 using these funds. We charge a minimal 1% fee for buyers and this platform fee is used to buy back $RARE (increasing the price) and redistributed to all the circulating supply token holders. After year 5, the DAO can decide to either increase or add fees or adopt other revenue models.
Part 3 – Quiz about project
In the final part, we would like to check your knowledge in terms of the Unique.one project. They’ve prepared 4 questions for this part, so everyone could be a part and answer. Participants had 10 minutes to answer. 300$ was distributed between the winners.
Our contacts for more details:
English Telegram group | Russian Telegram group | Spanish Telegram group | Telegram Channel | Twitter | Website
Our Crypto Partner by this AMA: Unique.one
Telegram group | Telegram Chanel | Tweeter | Website | Medium | Facebook | Instagram | Youtube
