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UniArt’s impossible art formula gallery bring bottom-up NFT appreciation with vote mining on 30th Sep

Published

5 years ago

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Preamble

Recently, “Loot” has been spreading virally throughout the crypto community. Industry key opinion leaders (KOLs), founders of quality projects, and investment institutions all pay close attention to the emerging “bottom-up” concept, and more community members are excited about it.

Despite the term bottom-up only recently coming into the limelight, in essence, the philosophy may be at the root of the entire crypto economy. Bitcoin, for example, breaks the rules of centralized government-issued fiat currency by enabling anyone that follows its PoW consensus algorithm to produce a new currency. On the other hand, Ether allows developers to build arbitrary dApps on top of it without permission, and its prosperity hinges on the frequency of this.

These two patriarchs of the crypto economy have opened up a bottom-up path outside the centralized internet. The bottom here can be anyone. The top is no longer governments or corporations but now code, algorithms, data, and consensus mechanisms. Loot is the first bottom-up non-fungible token (NFT), possessing similar intrinsic characteristics at the root of its explosion.

The most widespread application of NFT is currently in the art sector. Crypto community practitioners are working to bring NFT into the traditional art marketplace. To accomplish this, NFT must have general acceptance and market consensus, not just within a niche group of artists and appreciators. Take the most common financial application of collateralized lending, for example; a starving artist, globally unknown pledges his minted NFT to you, the potential lender. They claim it is worth US$10,000 and want to borrow against this collateralized value. Naturally, you are hesitant, unsure of its market value, and even if a current buyer is willing to purchase it at that price, you are still uncertain about its future value. In short, there is not enough market consensus for that NFT. However, let’s use CryptoPunk or BAYC as collateral in this example. Results would be the opposite because each of these digital assets already has widespread market consensus, having been classified as antiques in the NFT community. Therefore, the fair market valuation of NFT is critical to achieving market consensus in the financial sector. Exploring a suitable value solution for NFT is beneficial in a financial application, which opens up various other possibilities for NFT, leading to the further development of the whole crypto community.

UniArts aims to uncover NFT fair market valuation through its customized bottom-up Nominated Proof-of-Stake (NPoS) economic model, aspiring decentralized incubation of creators and their works. In this paper, the core concept of UniArts will be comprehensively explained using this bottom-up concept as the source idea.

Bottom-up NFT Fair Market Valuation

The term bottom-up can be understood differently in different contexts; building on top of a foundation is not a required characteristic. In the context of UniArts, bottom (in a non-pejorative sense) can be understood as what people define together and top as the fair value of NFT. This bottom-up approach is contrasted with more traditional top-down valuation, which was determined mainly by centralized auction houses or prominent collectors. Less renowned artists rarely gained any attention, and in the rare chance they did, their work would often be considered nearly worthless. Such an approach does nothing to showcase potentially exceptional pieces for the mere reason they are unknown, and they remain misunderstood by the public.

In the UniArts network, $UART holders are deemed “nominators,” pledging their tokens as “votes” for an NFT they admire. The more votes an NFT receives, the more people approve of it, and the higher the consensus level. When people are required to invest in their decisions, they become much more selective. Since there is value in $UART, the votes that an NFT receives indicate its fair market value. In the early stages of UniArts’ development, the small user base may not be sufficient to tie the word fair to an NFTs value, but as the network expands, it will become more and more convincing. This process can be referred to as the “flywheel effect.”

Appreciate to Earn

“Appreciate To Earn” is a new concept and a subset of “Play To Earn,” in that merely appreciating an NFT is akin to the process of playing. Axie Infinity, a chain game that has been popular in the crypto community for a while now, relied on this “Play To Earn” concept as the fuel to expand its user base. From this vetted example, we know that it is a viable business model.

UniArt’s Nominators pledge $UART and select an NFT they appreciate to earn more $UART, including a base pledge bonus and a block bonus for top-ranked NFTs. In this process, the word appreciate corresponds to the nominator, and the word earn corresponds to the earned $UART. In Axie Infinity, players buy a pet “Axie” as an entry ticket to the game and earn revenue in-game from this Axie. In UniArts, $UART is the entry ticket into the network.

Play to Earn can be viewed as a modern concept to attract new users. Traditional game companies pay third-party advertising companies to attract new users, but these users do not receive any income. Blockchain games use tokens to incentivize new users, which is a disguised way of attracting traffic; an alternative form of advertising, where the fees paid to advertising companies are instead attributed to the user. If this alternative form of advertising is integrated into a chain game’s economic model, one can only expect explosive organic user growth. Similarly, the Appreciate to Earn concept will cause natural growth of UniArt’s user base, eventually to the point where fair valuation is achieved.  

Multi-Chain NFT Gallery “Impossible Art Formula”

UniArts is native to Polkadot, and one of its strategic plans is to spread the NFT gallery to more popular blockchains, the first stop being Polygon. Mechanically, the gallery will be similar to the NPoS economic model but not identical.

  • Six NFTs will be presented in each issuance, and users can pledge $UART or $WETH to vote on their favorite NFT.
  • There are a total of 3 revenue pools, including a casting pool, a general pool, and a bonus pool. The bonus pool added to the gallery is unique in comparison to the NPoS model mentioned above. The casting pool is a pool in which $UART is minted into an NFT based on the percentage of votes received by the NFT. The general pool allocates rewards based on the proportion of user votes to the total number of votes in the corresponding NFT.
  • At the end of each voting period, NFT owners have the option to participate in the next three-day auction. The bonus pool is allocated to the corresponding NFT according to the ratio of the price sold in the auction to the sum of all prices traded in the auction for that period. This pool is then allocated to users that voted in the general pool, as mentioned in (2).
  • Specific details can be found in the following chart:

UARTs tokens are capped at 200 million, with 10% held by the team and released after 3 years, 12% by early stage investors, 10% by the treasury, and the rest by NFT vote mining, “Appreciate To Earn”.

“Impossible Art Formula” demonstrates the lack of a perfect solution in art valuation as everyone has their unique preferences. Let’s solve this by using $UART to appoint the “Hamlet” we fancy.

Concluding Remarks

UniArts has customized the NPoS economic model for NFT with an Appreciate To Earn mechanism based on the bottom-up source concept, which helps NFT discover its fair value. This value discovery fills an essential gap in applying NFT to traditional art and financial systems, paving a new path in crypto circles.

The impossible art formula is accessible now and will be online on 30th Sep.

About Author

Alex Jacob

Alex Jacob is a literature author. He was born in Chicago. Alex passion is writing news articles. He writes number of articles and published it.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

KISED to Introduce Global Startup Programs at BEYOND Expo

Published

34 minutes ago

on

May 25, 2026

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“Korean government invites global startups to launch their ventures in Korea” – KISED to introduce its support programs for global startups at BEYOND Expo 2026.

South Korea, 25th May 2026 – Korea Institute of Startup & Entrepreneurship Development (KISED) has confirmed its participation in BEYOND Expo 2026, taking place from May 27 to 30 at the Venetian Cotai Expo in Macao, China. At the event, KISED plans to actively showcase Korea’s startup ecosystem along with government-backed programs designed for global startups.

KISED is working to create a startup-friendly environment in South Korea that welcomes skilled entrepreneurs from across the globe. The organization supports foreign founders in launching their businesses in Korea and offers key assistance through initiatives such as the K-Startup Grand Challenge, the Global Startup Center, commercialization support, and startup visas for entrepreneurs with strong technological and business potential.

The K-Startup Grand Challenge serves as an acceleration program that empowers global startups to succeed in Korea by offering core resources including mentorship, workspace, and funding.

In parallel, the Global Startup Center provides foreign founders with meaningful resources and networking opportunities to help them connect with Korea’s business community.

The Non-Korean Commercialization Program, meanwhile, offers financial support that enables startups to refine their products and access the market with greater ease.

On the visa front, KISED operates the OASIS program, which assists foreign entrepreneurs in obtaining startup visas by walking them through essential procedures such as company registration and required documentation.

At BEYOND Expo 2026, KISED will connect with global entrepreneurs, investors, and industry leaders to position South Korea as a top destination for startups. Through presentations, networking activities, and discussions, KISED will spotlight the country’s robust government support, cutting-edge technology infrastructure, and dynamic business ecosystem, all of which establish Korea as a compelling hub for innovative companies seeking to expand across Asia.

 

For more information, visit the website at http://www.koreabridging.com/ 

Address : 12, Samseong-ro 126-gil, Gangnam-gu, Seoul, Republic of Korea

 

Media Contact

Organization: Bridging Group Korea

Contact Person: Matthew Kwon

Website: http://www.koreabridging.com/

Email: Send Email

Country:South Korea

Release id:45349

The post KISED to Introduce Global Startup Programs at BEYOND Expo appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

MatchFac Launches Global B2B Manufacturing Platform

Published

34 minutes ago

on

May 25, 2026

By

Korean startup MatchFac launches a global B2B manufacturing platform to connect startups and D2C brands with trusted Vietnamese factories.

Korea South, 25th May 2026 – Zeroto100 INC., a South Korean B2B startup led by CEO Heejin Jung, has announced the global expansion of MatchFac, an AI-powered manufacturing outsourcing platform designed to connect startups and D2C brands with trusted Vietnamese OEM/ODM factories.

MatchFac addresses the core pain points that startups and D2C brands face when attempting overseas manufacturing: difficulty finding reliable factories, language barriers, lack of production visibility, and fragmented project management. By combining AI technology with hands-on manufacturing expertise, MatchFac delivers an end-to-end solution that makes global manufacturing accessible – even for those without prior experience.

The platform is built around four core capabilities:

  • AI-Powered Factory Matching: Users input their production requirements (quantity, materials, unit cost, lead time), and MatchFac automatically recommends the most suitable partner factories from its curated network of 30+ Vietnamese manufacturers.
  • Integrated Project Management: From initial quote to final delivery, every stage of the manufacturing process (quoting, sampling, mass production, and shipping) is managed within a single timeline-based dashboard.
  • AI Specialized Translation: MatchFac’s built-in AI translation engine handles manufacturing-specific terminology (molding, injection, CNC, etc.) between Korean and Vietnamese, and Korean and Chinese, eliminating communication errors that often derail overseas projects.
  • Transparent Quality Inspection: Real-time photo updates and factory reports allow clients to monitor production quality and delivery status without needing to be on the ground.

Zeroto100 INC. brings nine years of product design and manufacturing outsourcing experience and a track record of 36+ completed overseas manufacturing projects. The company was selected for the 2026 Youth Entrepreneurship Academy, a flagship startup acceleration program under South Korea’s Ministry of SMEs and Startups.

“Our goal is to create an environment where early-stage founders, even those with zero manufacturing experience, can confidently pursue overseas production,” said Heejin Jung, CEO of Zeroto100 INC. “MatchFac turns global manufacturing from a daunting unknown into a manageable system.”

MatchFac is currently in beta, with free consultation and quote requests available at the official website.

 

For more information, visit the website at https://matchfac.com/

Address: 3F, 28-12, Jeongnimdong-ro 7beon-gil, Seo-gu, Daejeon, Republic of Korea

Media Contact

Organization: Zeroto100 INC.

Contact Person: Heejin Jung, CEO

Website: https://matchfac.com/

Email: Send Email

Country:Korea South

Release id:45395

The post MatchFac Launches Global B2B Manufacturing Platform appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Range Products Expands Premium Fragrance Oil Collection for Australian Crafters

Published

3 hours ago

on

May 25, 2026

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Australia, 25th May 2026 – Range Products, a Perth-based supplier of essential oils, carrier oils, and raw ingredients, has expanded its fragrance oil range to include more than 100 options for Australian soap, candle, and skincare makers. The expanded collection is now available through the company’s online store and Welshpool location, supporting growing demand from independent creators, hobbyists, and small manufacturers seeking a wider variety of fragrance ingredients for cosmetic and personal care applications.

The fragrance oil collection includes scents suitable for candle making, soap production, skincare formulations, and home fragrance applications. The expanded range has been developed to support makers seeking consistency, variety, and dependable supply when producing handmade cosmetic and personal care products for retail or personal use.

Range Products supplies more than 500 products across categories, including essential oils, carrier oils, cosmetic ingredients, soap bases, and candle-making materials. Independent quality testing is available across selected product lines, and most warehouse stock is dispatched within two business days.

Business Owner Penny Coupland said the expanded fragrance oil selection reflects increasing interest in handmade cosmetic and personal care production across Australia.

“Demand for fragrance oils has continued to grow as more Australian makers produce soaps, candles, and skincare products for local markets and personal projects,” said Coupland. “The expanded range has been introduced to provide greater variety while maintaining consistent product availability for customers working across different types of cosmetic and personal care formulations.”

The fragrance oil selection includes floral, fresh, fruity, dessert-inspired, and seasonal scent profiles. The collection has been designed to support both experienced makers and individuals beginning product development for small-scale cosmetic and skincare production.

Alongside ingredient supply, Range Products provides educational resources intended to support customers using raw materials in home and commercial cosmetic applications. More than 60 free recipes and guides are available through the company website, covering projects such as candles, soaps, skincare products, and household cleaning products.

Click and Collect services remain available from the Welshpool warehouse for customers located in the Perth metropolitan area. Online orders are also available for delivery throughout Australia.

Australia’s handmade cosmetic and personal care sector has experienced continued growth in recent years, with increasing consumer interest in artisan candles, handcrafted soaps, and independently produced skincare products. The trend has contributed to rising demand for fragrance oils and raw materials among businesses and individuals creating products for markets, online stores, and local retail outlets.

Range Products has operated in Western Australia for several years, supplying ingredients and materials to customers ranging from hobbyists to established manufacturers. The business maintains a focus on product accessibility and practical resources intended to support a broad range of cosmetic and skincare formulation projects.

Coupland said demand for fragrance oils and related cosmetic ingredients is expected to remain steady as more Australians continue exploring small-scale manufacturing and handmade personal care production.

“The handmade cosmetic and skincare sector continues to evolve, and ingredient suppliers are expected to play an important role in helping makers access dependable materials and practical information,” said Coupland. “Range Products intends to continue expanding product availability and educational resources in response to changing customer requirements across the Australian market.”

The expanded fragrance oil collection is now available online and through the company’s Welshpool premises.

For additional information about Fragrance Oils, contact Range Products at 6/138 Radium St., Welshpool, WA 6106 Australia. Enquiries can be directed to +61 8 9358 4448 or admin@rangeproducts.com.au.

Media Contact

Organization: Range Products

Contact Person: Penny Coupland

Website: https://www.rangeproducts.com.au/

Email: Send Email

Contact Number: +61893584448

Address:6/138 Radium St Welshpool WA, 6106 Australia

Country:Australia

Release id:45400

The post Range Products Expands Premium Fragrance Oil Collection for Australian Crafters appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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