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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

on

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

Errante Reinforces Its Commitment to Client Experience with the Launch of Errante Pulse

Published

3 minutes ago

on

June 29, 2026

By

Mahé, Seychelles, June 22nd, 2026, FinanceWire

Errante today announced the launch of Errante Pulse, a new integrated environment designed to enhance the client experience by bringing together market information, educational resources, community features and practical tools within a single connected destination.

Available directly through the Errante client area, Pulse has been created to simplify access to key resources while encouraging continuous learning, market awareness and community engagement.

The launch reflects Errante’s ongoing commitment to investing in its clients and continuously improving the overall trading experience through innovation and technology.

“At Errante, our clients are at the centre of everything we do. We are constantly looking for new ways to enhance their experience and provide greater value beyond market access alone,” said Lenas Thoma, Chief Executive Officer of Errante.

“Errante Pulse represents an important step in that direction. By bringing together market insights, educational content, community interaction and practical tools into one connected environment, we are creating a destination that supports our clients throughout their trading journey and encourages continuous growth and engagement.”

Errante Pulse combines multiple experiences within a single environment, including:

  • News and market analysis
  • Educational resources and structured courses
  • Community interaction and trending discussions
  • Integrated market tools and utilities
  • Copy trading rankings and performance insights
  • The Loyalty Store, where users can redeem accumulated XP for rewards
  • Additional features designed to create a richer and more connected client experience

Rather than navigating separate resources independently, clients can now explore them through one streamlined interface, making it easier to discover information, continue learning and remain engaged.

The introduction of Errante Pulse forms part of the company’s broader vision to continue enhancing its digital ecosystem and deliver meaningful innovation that supports traders throughout their journey.

Errante Pulse is now available to Errante clients and can be accessed directly through the client area.

For more information, users can visit the Errante website or log in to client portal to begin exploring Errante Pulse.

About Errante

Errante is a global online broker committed to delivering a seamless and client-focused trading experience. By combining innovative technology, educational resources and dedicated support, Errante provides access to a wide range of financial markets while continuously investing in solutions designed to empower traders and partners alike.

With a strong emphasis on transparency, innovation and long-term relationships, Errante continues to expand its ecosystem through products and services that enhance accessibility, engagement and overall client experience.

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Communications Department
press@errante.com

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Press Release

STARTRADER Delivers Emergency Relief to 300 Earthquake-Affected Families in the Philippines

Published

3 minutes ago

on

June 29, 2026

By

Dubai, UAE, June 22nd, 2026, FinanceWire

Aid initiative supports families in Sarangani Province following the 7.8-magnitude earthquake, reinforcing the importance of collective action during times of crisis.

STARTRADER, through its charitable arm STARCARES, is delivering emergency relief to 300 families displaced by the 7.8-magnitude earthquake that struck Sarangani Province in the Philippines. The initiative focuses on Glan and Malapatan, two of the hardest-hit areas, where communities face urgent needs as long-term recovery begins.

The scale of impact has been severe. Official reports confirm 65 fatalities, 1,447 injuries, and 36 people still missing. More than 57,252 homes were damaged, 10,023 of them completely destroyed, while roads, bridges, schools, healthcare facilities, and public infrastructure sustained extensive damage. Approximately 176,186 families remain affected by electricity outages.

In coordination with local partners and government-supported relief channels, STARTRADER is distributing urgent supplies, including drinking water, food, hygiene kits, medicines, sleeping mats, blankets, and child care essentials. With families displaced, services interrupted, and infrastructure damaged, timely support is critical to helping communities manage immediate needs while long-term recovery continues.

Effective disaster response depends on coordinated effort across communities, public institutions, the private sector, and volunteers. Through this initiative, STARTRADER joins broader relief efforts to help families stabilise their lives and begin the process of rebuilding.

“It is impossible to see the impact of this earthquake without being deeply moved by the challenges families face. Behind every damaged home and school are families determined to rebuild. We stand with them, not only with supplies, but with solidarity and the belief that recovery begins when people come together. We are proud to stand alongside local communities and partners in Sarangani Province.” — Peter Karsten, Chief Executive Officer, STARTRADER

The initiative forms part of STARTRADER’s broader CSR commitment under STARCARES, focused on practical, community-based impact across the regions where the company operates. Recently rebranded from STAR Foundation to STARCARES, the organization continues to expand its social impact efforts under the vision “Bringing STAR, Delivering Care,” through youth development, education, sports infrastructure, disaster relief, and community support programs across Asia and the Middle East.

As recovery efforts continue, STARTRADER calls on businesses, institutions, and communities to join broader relief efforts and help the families of Sarangani Province rebuild with dignity, stability, and hope.

About STARTRADER

STARTRADER is a global multi-asset broker empowering retail and institutional partners to access global markets through a range of platforms, including MetaTrader, STAR-APP, and STAR-COPY.

Regulated in five jurisdictions (CMA, ASIC, FSCA, FSA, and FSC), STARTRADER combines strong governance with a client-first approach, serving both retail clients and partners with a commitment to transparency, reliability, and long-term growth.

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Janna Magabilen
STARTRADER
Janna.magabilen@startrader.com

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Press Release

Sagtec Global CEO Chen Ng Accumulates 1.5 Million Shares Coinciding with FY2026 Financial Outlook

Published

3 minutes ago

on

June 29, 2026

By

New York, USA, June 22nd, 2026, FinanceWire

Shares of Sagtec Global Limited (NASDAQ: SAGT) rose over 82% following the announcement that Chairman and CEO Chen Ng acquired 1,500,000 shares. This insider purchase coincides with the release of the company’s new financial outlook, which forecasts a 35% revenue growth for Fiscal Year 2026.

Key Financial Highlights

  • Insider Purchase: CEO Chen Ng purchased 1,500,000 shares to support the company’s strategic initiatives.
  • Revenue Projections: Management forecasts FY2026 revenue to reach $25.78 million, an increase from $19 million the previous year.
  • Net Income Guidance: The company anticipates a net income of $2.19 million for the upcoming fiscal year.
  • Capital Raise: Sagtec Global secured $1.56 million in a private stock sale led directly by the CEO.

Insider Capital Deployment

Chen Ng’s acquisition included leading a $1.56 million private placement. Insider capital deployment is frequently monitored by institutional and retail investors as an indicator of leadership’s perspective on the company’s valuation and future growth cycle. This capital commitment occurs as the broader technology sector navigates ongoing macroeconomic conditions.

The accompanying FY2026 outlook projects a 35% revenue growth. Specifically, Sagtec Global expects top-line revenue to reach $25.78 million, compared to $19 million in the prior year. Additionally, the company forecasts that this revenue expansion will result in a net income of $2.19 million.

Market Reaction

Following the release of the operational guidance and the announcement of the CEO’s share acquisition, SAGT stock experienced an increase of over 82%. Market observers and investors continue to monitor Sagtec Global as it implements its strategic plans for the 2026 fiscal year.

About Sagtec Global Limited

Sagtec Global Limited (NASDAQ: SAGT) is a technology company headquartered in Kuala Lumpur, Malaysia, principally involved in providing customizable software solutions and IT services. The company’s offerings include a smart ordering system, Speed +, designed for the food and beverage industry to provide integrated order management and transaction processing. Sagtec Global operates across multiple segments, including Software-as-a-Service (SaaS), Software Customization, and Data Analysis & Hosting Services.

(Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own due diligence before making investment decisions.)

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WMEDIA
admin@wmedia.my

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Cloud PR Wire

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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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