Unicly — a community driven, permissionless protocol for combining, splitting and exchanging NFTs. Created by NFT collectors and DeFi enthusiasts, the protocol stimulates NFT liquidity and enables seamless trading of NFT assets, bringing AMM and harvesting to the NFT world.
Contents:
Description of the Unicly project
Buying an NFT is a rather laborious process. Fungible tokens can have thousands of buyers and sellers, but each NFT transaction relies on matching one buyer and one seller, resulting in low liquidity. In addition, some of the most in-demand items are underpriced for many users, leading to more concentrated ownership and deferred demand. As a result, the NFT space suffers from accessibility issues.
Similar to how projects launch tokens on Uniswap, collectors and / or creators will be able to launch exciting NFT collections through Unicly and benefit from better pricing. Traders and casual investors will benefit from higher liquidity from the familiar AMM model. Farmers will be interested in receiving rewards through the provision of liquidity.
Other features:
| 1 | Create tradable collections of any size, from 1 to any number of NFTs you want to combine. |
| 2 | Compatible with any type of NFT (ERC-721 and ERC-1155). |
| 3 | Buy your stake in multiple NFTs at once through uTokens. |
Holders of uToken can vote to unlock the collection. After a certain percentage of the total uToken is voted to be unblocked, NFTs are allocated to the highest bidders and pooled ETH rates for the entire collection (at the time of unblocking) can be proportionately claimed by holders of the uToken collection.
What else should you know?
On the main page, you will find the LitePaper document. Also, there is an introductory information on the Medium website and blog.
From social networks, the community leads:
Join to follow the news and participate in the development of the platform. Smart contract audit is available here.