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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.

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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

Altitude Entertainment Introduces Innovative Wedding and Party Services in Transfer, PA

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42 minutes ago

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December 4, 2025

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The company is redefining wedding and party entertainment with dynamic DJs, immersive lighting, premium audio, and engaging photo booth technology.

“Our goal is to create moments that sound as beautiful as they feel. We take pride in giving couples a wedding day filled with unforgettable music, flawless audio, and personalized service.”

Transfer, Pennsylvania, 4 Dec 2025, ZEX PR WIRE, Altitude Entertainment, a leading name in professional event entertainment, is proud to announce the expansion of its wedding and party services across Transfer and the greater Mercer County region. Known for elevating celebrations with exceptional DJ talent, premium sound, dynamic lighting, and interactive add-ons, Altitude Entertainment is redefining how couples and families experience life’s most meaningful moments.

Weddings remain at the heart of Altitude Entertainment’s offerings. With a focus on clarity, emotion, and seamless flow, the company provides unmatched wedding ceremony audio support, ensuring that vows, announcements, and special moments resonate perfectly with every guest. From aisle melodies to packed dance floors, each soundtrack is carefully planned and professionally mixed.

Altitude Entertainment brings together a team of skilled audio DJs, planners, and entertainment professionals dedicated to curating once-in-a-lifetime experiences. The company offers an extensive suite of wedding enhancements, including immersive lighting solutions, uplighting, intelligent dance floor lighting, and their increasingly popular 360 Photo Booth. This innovative photo booth offers guests a unique chance to create shareable, high-quality videos and photos that capture the energy and excitement of the day.

“Couples today want more than just music; they want an immersive celebration,” said a sales representative at Altitude Entertainment. “Our 360 Photo Booth and lighting options take events to a whole new level.”

In addition to weddings, Altitude Entertainment has expanded its services to include a wide range of private celebrations such as birthdays, anniversaries, graduations, retirement parties, and backyard gatherings. Whether guests want lively dance mixes, a nostalgic playlist, or a smooth blend of classic and modern hits, Altitude Entertainment ensures that every celebration reflects the personality and style of the host. The company’s MC services further enhance the experience by managing announcements, interactive moments, and smooth event flow.

Altitude Entertainment also provides lighting and audio enhancements for milestone events, offering high-quality speakers, synchronized lighting, and professional-grade equipment to help hosts create the perfect atmosphere. With personalized service and highly flexible packages, the company continues to position itself as one of Pennsylvania’s most reliable and innovative event entertainment partners.

From romantic ceremonies to high-energy receptions, small family celebrations to large-scale events, Altitude Entertainment brings professionalism, creativity, and excitement to every occasion. With this expansion, the company reaffirms its commitment to delivering exceptional entertainment that leaves guests talking long after the music fades.

For more information about their services, refer to the details provided below.

About the Company
Altitude Entertainment is a full-service event entertainment company based in Transfer, Pennsylvania, specializing in weddings, private celebrations, school events, and corporate functions. Offering professional DJ services, high-quality sound and lighting, MC support, and 360 Photo Booth rentals, the company proudly serves Mercer County and surrounding areas with unforgettable, personalized event experiences.

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Website:  https://altitudedj.com/

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Press Release

My Disability Provider Launches New Multilingual Services to Support Diverse Australian Communities

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57 minutes ago

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December 4, 2025

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  • My Disability Provider strengthens inclusivity across Melbourne’s west with new multilingual services supporting NDIS participants aged 0–65

Caroline Springs, Victoria, 4 Dec 2025, ZEX PR WIRE, My Disability Provider, a leading NDIS-registered organisation supporting individuals aged 0–65 across Melbourne’s western suburbs, has officially launched a new suite of multilingual services to improve accessibility for culturally and linguistically diverse (CALD) communities. This expansion strengthens the provider’s mission to deliver inclusive, person-centred care that reflects the multilingual makeup of Melbourne’s rapidly growing population.

“Our community represents people from all corners of the world, each bringing unique languages, experiences, and expectations. Language barriers should never prevent someone from accessing essential support. Our multilingual services ensure every individual — and every family — can communicate confidently, clearly, and without fear of misunderstanding.” – a spokesperson from My Disability Provider

Serving more than 1,000 Australians through its NDIS-covered and private support programs, My Disability Provider has become a trusted name in disability care across Melton, Werribee, Caroline Springs, Truganina, Tarneit, and surrounding regions. The introduction of multilingual support workers and interpreters will strengthen communication between clients, families, and staff, ensuring that people of all ages receive support that honours their cultural and linguistic backgrounds.

The new multilingual services cover key languages commonly spoken across Melbourne’s west, including Arabic, Punjabi, Hindi, Vietnamese, Mandarin, Somali, and more. Trained bilingual staff will assist clients and families with service navigation, support planning, appointment coordination, and day-to-day communication — significantly improving accessibility for people who speak English as a second language.

“Our goal has always been to deliver support that goes beyond the basics,” the spokesperson added. “Whether we’re assisting an adult with community access, guiding a young person through skill-building activities, or coordinating essential services, communication is at the heart of everything we do. These multilingual initiatives allow us to connect more meaningfully with every client we serve.”

The organisation has spent months preparing for the rollout, including formal staff training, internal communication upgrades, and consultations with local cultural groups to understand the key barriers faced by CALD families and participants. My Disability Provider is also expanding its cultural awareness training program to ensure respectful, informed, and culturally safe interactions with every client.

Clients and families across the region have welcomed the initiative, calling it a critical step toward a more inclusive disability support landscape. Melbourne’s western suburbs are among the most culturally diverse areas in Australia, and language-inclusive services are now more essential than ever for ensuring equitable access to quality support.

For many individuals navigating the NDIS for the first time, multilingual assistance can mean the difference between confusion and confidence. My Disability Provider’s approach guarantees that clients can understand their options, express their needs clearly, and receive support that aligns with their personal goals, cultural values, and preferred communication style.

“Our promise is simple,” concluded the spokesperson. “Every person deserves to feel heard, respected, and supported. This multilingual expansion brings us one step closer to ensuring that no client — regardless of their background or language — is left behind in their care journey.”

To learn more about the new multilingual support options or explore My Disability Provider’s full range of NDIS-covered services, visit https://mydisabilityprovider.com.au/

About My Disability Provider

My Disability Provider is an NDIS-registered disability support organisation based in Melbourne, providing person-centred services for individuals aged 0–65 across Melton, Werribee, Caroline Springs, Truganina, and surrounding suburbs. With a commitment to inclusion, empowerment, and community connection, the organisation delivers a wide range of supports, including in-home care, community access, respite services, support coordination, and skill-development programs. Having supported more than 1,000 Australians, My Disability Provider continues to champion equal opportunities for all participants, ensuring every person can grow, learn, and thrive in a safe, culturally responsive environment.

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Website: https://mydisabilityprovider.com.au/

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Press Release

NexMetals Mining Raises $80 Million Securing Title on Two Botswana Critical Metal Projects

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1 hour ago

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December 4, 2025

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On December 3, 2025 NexMetals Mining confirmed that it now has unencumbered title to both the Selebi and Selkirk copper, nickel, cobalt and platinum group element (“Cu-Ni-Co-PGE“) assets.

Vancouver, BC, December 3, 2025 – Global Stocks News – Sponsored content disseminated on behalf of NexMetals Mining. On December 2, 2025 NexMetals Mining (TSXV: NEXM) (NASDAQ: NEXM) confirmed that it now has unencumbered title to both the Selebi and Selkirk copper, nickel, cobalt and platinum group element (“Cu-Ni-Co-PGE“) assets.

This milestone follows NEXM’s recent equity financing which raised CDN $80 million at $5.70 per unit, including a lead order from Texas-based Condire Investors LLC (Condire).

NexMetals owns two previously producing Cu-Ni-Co-PGE mines in Botswana – a safe, mineral-rich Tier 1 mining jurisdiction in Africa. 

Condire focuses across the commodity sector, including energy, precious and base metals. The company has Assets Under Management (AUM) of approximately $1.2 billion according to its Form ADV from March, 2025.

“The strong support from both new and existing institutional investors, including the addition of Condire as a new 9.9% shareholder, is a testament to the meaningful progress we have made over the past two quarters in strengthening the Company,” stated NEXM CEO Morgan Lekstrom in the November 17 press release.

“We are deleveraging the balance sheet, advancing our assets, and delivering on our strategic objectives,” added Lekstrom.

The CAD$80 million raise will allow NEXM to meet a US$25 million contingent milestone payment, securing title for both Selebi and Selkirk, while accelerating the next phase of growth and project derisking.

“The financing increases institutional ownership from 30% to 75% and eliminates legacy debt that had created a significant market overhang,” stated Crux Investor. 

In the November 19, 2025 Crux Investor video interview below, CEO Morgan Lekstrom talks about the NEXM’s near and medium-term objectives.

“When our team got involved, there was $21 million of debt on the books,” Lekstrom told Crux Investor. “We had a payment coming up of $35 million Canadian. We cleared out the debt, converted it to equity. We’ve brought in a new 9.9% shareholder called Condire, and our own shareholder, EdgePoint, wrote a $9 million check. About 97% of our book was long-only institutions.”

On September 3, 2025 NexMetals announced a significant metallurgical break-through at its past-producing copper-nickel-cobalt Selebi Mines in Botswana.

The underground Selebi Mines were in production between 1980 and 2016. Both Selebi and Selebi North mines, having produced 40 million tonnes of ore, were put into Care & Maintenance due to low metal prices and a failure of the on-site smelter.

Following NexMetals’ bulk sample-based metallurgical program at its Selebi Mines in Botswana, the company has created “the optionality to produce both a saleable copper concentrate and a saleable nickel concentrate”.

September 3, 2025 metallurgical news highlights:

  • on-site smelter may not be required
  • significant reduction in capital expenditure
  • simplified permitting process
  • smaller environmental footprint
  • lower energy costs
  • expanded commercial pathways for mined products
  • more competitive environment for off-take agreements
  • reduction of operational complexity
  • fewer highly specialised employees required
  • faster, cheaper, more efficient re-start

“Our copper concentrate is 27.6% grade, 87% recovery,” reported NexMetals’ President, Sean Whiteford, a geologist and mining executive who has held corporate, operational and technical roles at BHP, Rio Tinto and Cliffs Natural Resources.

“Producing separate saleable concentrates gives NexMetals a strategic advantage because now we have an alternative development option with lower CAPEX, lower OPEX and lower execution risk,” added Whiteford.

“We don’t want to build a billion-dollar smelter, because that kills projects from a risk and capital side,” Lekstrom confirmed to Crux Investor. “We solved the metallurgy issue. I don’t think the markets have understood how big that is for the company. We’ve deleted a huge amount of required capital expenditure.”

“I consider Botswana to be the safest jurisdiction in Africa,” Lekstrom told Crux Investor. “I walk around at night. The people are friendly. It is the longest continuously running democracy in all of Africa. They just celebrated a 59th anniversary. The country is very mining-focused.”

On December 3, 2025, NexMetals announced that it has drilled 231 metres of 1.09% CuEq, including 97 metres of 1.28% CuEq establishing scale, grade and expansion potential at Selkirk.

“The takeaway from this metallurgical drilling program is the sizable, mineralized continuity across this deposit,” stated Lekstrom in the press release. “The next stage will refine the flowsheet, confirm recoveries across the program, and drive the technical work that will inform future development decisions. Selkirk is increasingly demonstrating its potential as a significant additional value driver for NexMetals.”

For the last decade, diamonds have accounted for around 80% of Botswana’s exports, one-third of fiscal revenues, and one-quarter of GDP.

“The market for natural diamonds is in crisis, with cut-price lab-grown equivalents hitting demand particularly hard in the U.S.,” confirms Japan Times (JT) on September 4, 2025.

Botswana President Duma Boko has been vocal about his intention to diversify into non-diamond commodities. On September 26, 2025 the President appeared on CNN to discuss job creation, value-add in-country processing and expansion of intra-African trade.

“We want to strategically control the diamond sector and reform it as we go forward,” said President Boko on CNN. “But also diversify within the mining sector. In Botswana, we have other minerals which we haven’t exploited.”

“I’ve had the privilege of meeting President Duma Boko,” NexMetals CEO Lekstrom told GSN. “He is a Harvard Law School graduate, a passionate politician and a sharp businessman. We believe the Selebi and Selkirk copper-nickel projects can play a positive role in Botswana’s next economic evolution.” 

Recent interest in the Selebi and Selkirk Mines has been catalysed by a surge in demand for critical metals required for the green energy transformation (Solar, EVs). In the last five years, as demand drivers intensify, the price of copper has increased 115% – from USD $2.36/lb to $5.12/lb.

[1]The mineral resource estimate on the Selebi Mine is supported by the technical report entitled “Technical Report, Selebi Mines, Central District, Republic of Botswana” and dated September 20, 2024. The report was prepared in accordance with NI 43-101 and Subpart 1300 of Regulation S-K and is available on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov), in each case, under NEXM’s issuer profile.

All scientific and technical information in this news release has been reviewed and approved by Sharon Taylor, VP Exploration of the Company, MSc, P.Geo, and a “qualified person” for the purposes of National Instrument 43-101 and Subpart 1300 of Regulation S-K.

Contact: guy.bennett@globalstocksnews.com

Disclaimer: NexMetals Mining paid Global Stocks News (GSN) $1,750 for the research, writing and dissemination of this content. 

Full Disclaimer: GSN researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN publications may contain forward-looking statements such as “project,” “anticipate,” and “target,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly. 

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Organization: Global Stocks News

Contact Person: guy.bennett@globalstocksnews.com

Website: https://www.globalstocksnews.com

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Country:Canada

Release id:38419

The post NexMetals Mining Raises $80 Million Securing Title on Two Botswana Critical Metal Projects 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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