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

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4 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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Press Release

BABU88Sports Commemorates Pakistan Launch Through Strategic Cricket Partnerships

Published

40 minutes ago

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January 19, 2026

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Bangladesh, 19th Jan 2026 – BABU88Sports, a prominent sports platform in South Asia, has strengthened its presence in Pakistan by launching a dedicated PK directory on its official website, babu88sports.com. This new section delivers localized sports news, updates, and content tailored to the Pakistan market, marking an important step in the company’s expansion across the region.

Focus on Responsible Sports Engagement

As sports engagement continues to grow in South Asia, BABU88Sports remains committed to providing a secure and transparent experience for its users. The launch of the Pakistan-focused section is part of the company’s broader initiative to promote responsible consumption of sports content.

BABU88Sports offers several features to encourage healthy interaction with sports news and updates, including customizable content alerts, a user-friendly interface, and resources designed to support responsible engagement with sports-related media.

Benjamin Harris, BABU88Sports spokesperson, commented:
“Ensuring a responsible and enjoyable experience is at the heart of everything we do. As we expand into new markets like Pakistan, we aim to create a space where users can enjoy the latest sports news, highlights, and insights safely. Our goal is to offer a balance of excitement and peace of mind for all our visitors.”

Strong Sports Coverage and Growing Community

Over the years, BABU88Sports has built a strong reputation as a reliable sports content platform by consistently delivering timely updates, match highlights, and engaging sports coverage for fans across South Asia. The platform continues to focus on improving the user experience through quality reporting, relevant updates, and easy access to sports information.

Looking ahead, BABU88Sports remains committed to expanding its sports content offerings and strengthening its connection with fans through enhanced coverage and new features.

Future Growth in South Asia

With the launch of its Pakistan-focused section, BABU88Sports is further strengthening its position as a leading sports news portal in South Asia. Already catering to audiences in Bangladesh, India, and Nepal, the addition of Pakistan completes the company’s wider regional footprint, reaching a vast and passionate sports fanbase across the subcontinent.

About BABU88Sports

BABU88Sports is a sports news destination serving audiences across South Asia, including Bangladesh, India, Nepal, and Pakistan.

Founded in 2021, BABU88Sports has grown from a cricket-focused platform into a broader sports news portal. Offering timely updates, live coverage, and in-depth analysis, the platform is recognized for delivering accurate and engaging sports content. BABU88Sports remains dedicated to providing a secure and enjoyable experience for sports fans across South Asia..

Media Contact

Organization: Babu88Sports

Contact Person: Sachin

Website: https://babu88sports.com

Email: Send Email

Contact Number: +188-013-929-31554

Address:Dhaka, Bangladesh

Country:Bangladesh

Release id:40266

The post BABU88Sports Commemorates Pakistan Launch Through Strategic Cricket Partnerships 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

South Korea’s Medical Tourism Hits Historic KRW 2 Trillion as K-Dermatology and Pharmacies Drive Growth

Published

40 minutes ago

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January 19, 2026

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kculture.com reveals a 65.3% year-over-year surge in spending, signaling a shift from invasive surgeries to premium dermatological wellness and “souvenir” pharmacy shopping.

Gyeonggi-do, South Korea, 19th Jan 2026 – A data analysis released today by kculture.com reveals that South Korea’s foreign medical tourism market has achieved a historic milestone, surpassing ₩2.08 trillion in total spending in 2025. This represents a staggering 65.3% year-over-year growth from ₩1.25 trillion in 2024, signaling a robust expansion and a structural transformation of the industry.

2024 vs. 2025 Foreign Medical Tourism Spending Scale.png

The study, conducted using Korea Tourism Organization (KTO) Data Lab records, underscores a fundamental shift in the “K-Medical” landscape—moving from invasive, high-cost surgeries to high-frequency, premium dermatological procedures.

2025 Foreign Medical Spending Share (By Department).jpg

Strategic Insight: The ‘Won-Low’ Advantage 

According to the kculture.com report, the 2025 boom was significantly propelled by the favorable exchange rate. The relative weakness of the Korean Won effectively lowered the entry barrier for high-end medical services, allowing international patients to access world-class treatments at a more competitive price point. 

 Premiumization: While medical consumption cases grew by 48.9%, total spending outpaced this at 65.3%. 

 Value Increase: Average spending per visit rose by 11.01%, from ₩450,857 to ₩500,495.

2025 Foreign Medical Visit Share (By Department).jpg

Dominance of Dermatology and Pharmacy Shopping 

Dermatology has emerged as the market’s undisputed engine, accounting for 57.35% of total spending in 2025. Simultaneously, pharmacies accounted for 59.11% of all medical visits. This data suggests a new trend where foreigners perceive Korean pharmacies as essential retail destinations for medical skincare, “souvenir-izing” medical care into their travel itineraries.

2024 vs. 2025 Monthly Foreign Medical Spending Trend.png

Seasonal Integration: The Winter ‘Glow-Up’ Trend 

Monthly spending in December 2025 hit an all-time high of ₩244.3 billion, nearly doubling the 2024 peak. This reflects a shift where travelers utilize year-end holidays for “lunchtime procedures” that require minimal downtime.

“This ₩2 trillion milestone confirms that South Korea has successfully transitioned into a global daily wellness and beauty powerhouse,” said Gi Oh, Founder and CEO of kculture.com.

About kculture.com 

KCulture.com is a global platform providing expert analysis, cultural commentary, and professional travel guides dedicated to the South Korean experience.

Learn more at : https://kculture.com

Media Contact

Organization: KCulture.com

Contact Person: Gi Oh, Founder & CEO

Website: https://kculture.com

Email: Send Email

City: Gyeonggi-do

Country:South Korea

Release id:40271

The post South Korea’s Medical Tourism Hits Historic KRW 2 Trillion as K-Dermatology and Pharmacies Drive Growth 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

SRQCGX Plans to Expand Local Teams Across South America

Published

55 minutes ago

on

January 19, 2026

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Australia, 19th Jan 2026 – SRQCGX announced plans to further strengthen its presence in South America by recruiting additional local team members across key regional markets. The initiative is part of SRQCGX’s broader strategy to deepen regional engagement and support long-term growth through localized operations.

South America continues to emerge as an important market for digital asset adoption, driven by increasing user participation and growing interest in diversified financial services. SRQCGX believes that building strong local teams is essential to understanding regional market dynamics, user needs, and operational requirements.

Under this plan, SRQCGX intends to hire talent across multiple functions, including market development, customer support, operations, and local partnerships. By expanding its on-the-ground presence, the company aims to improve communication efficiency, enhance service responsiveness, and support more tailored market strategies.

SRQCGX places strong emphasis on local expertise and cultural understanding. The company believes that local teams play a critical role in building trust, fostering long-term relationships, and ensuring that platform initiatives align with regional expectations and usage patterns.

In addition to recruitment, SRQCGX plans to invest in training and internal development programs to support team integration and professional growth. These efforts are intended to ensure that local staff are aligned with SRQCGX’s operational standards, platform capabilities, and long-term objectives.

The expansion of South American teams is designed to complement SRQCGX’s existing global structure. By combining centralized technical and operational resources with strong local execution, SRQCGX aims to create a more balanced and scalable regional operating model.

Looking ahead, SRQCGX views South America as a key component of its global roadmap. Through continued investment in local talent and regional capabilities, SRQCGX aims to build a sustainable and adaptable presence that supports long-term market development.

About Us

SRQCGX is a digital asset trading platform committed to providing users with a secure, efficient, and transparent trading environment. The platform offers a range of trading services for both individual and professional market participants. Focused on responsible growth and localization, SRQCGX continues to expand its global footprint while strengthening regional teams and operational capabilities.

Media Contact

Organization: SRQCGX PTY LTD

Contact Person: Lena raine

Website: https://www.srqcgx.com/

Email: Send Email

Country:Australia

Release id:40282

The post SRQCGX Plans to Expand Local Teams Across South America 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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