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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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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

Medifakt Expands Its Digital Health Ecosystem With Integrated Wearables and Blockchain Infrastructure

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52 minutes ago

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February 25, 2026

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Fakt-O-Ring and Fakt-O-Band integrate with Medifakt’s mobile health platform and exchange-listed FAKT token to power a privacy-first, user-owned digital health ecosystem

Estonia, 25th February 2026, Medifakt announced the continued expansion of its connected digital health ecosystem through the integration of its Smart Wearable Devices the Fakt-O-Ring and Fakt-O-Band, with its mobile health application and Web3-enabled infrastructure layer.

 

Designed at the intersection of healthcare, wearable technology, and decentralized digital infrastructure, Medifakt is building a unified ecosystem where individuals can monitor, manage, and engage with their health data while maintaining transparency, security, and control.

A Connected Health Ecosystem, Not Just Devices

Unlike traditional fitness trackers that focus on isolated metrics, Medifakt’s smart wearables are designed as core components of a connected health ecosystem. The smart ring and smart band continuously capture key wellness and activity signals and securely synchronize with the Medifakt app, where data is organized into structured reports and daily health summaries.

Users can select the device that best fits their lifestyle, whether the discreet, always-on form factor of the smart ring or the activity-focused versatility of the smart band, while accessing the same unified app experience.

The ecosystem combines:

  • Continuous wearable-based health monitoring
    • A mobile-first health intelligence platform
    • Virtual healthcare access
    • Blockchain-enabled infrastructure for data integrity and interoperability
    • An ecosystem token (FAKT) designed to support platform participation

This integrated framework positions Medifakt beyond consumer wearables, toward a structured, scalable digital health ecosystem.

Smart Wearables Designed for Daily Health Awareness

The Fakt-O-Ring and Fakt-O-Band are engineered to provide continuous wellness tracking within a comfortable, everyday form factor.

Key functional capabilities include:

Continuous Health Monitoring
Wearable-driven tracking designed to support daily awareness of key wellness indicators.

Seamless Mobile Synchronization
Automatic data synchronization with the Medifakt mobile application for structured reporting and visualization.

Lifestyle Flexibility
Users can choose between the discreet, always-on smart ring or the activity-oriented smart band, while accessing the same unified app ecosystem.

Ecosystem Integration Architecture
Devices are built to integrate directly with user profiles, structured reports, and virtual care features within the Medifakt app.

Privacy-First Engineering
Data visibility and control remain user-managed, aligned with Medifakt’s transparent data-handling principles.

The Medifakt App: Turning Wearable Data Into Clarity

The Medifakt mobile application acts as the central hub of the ecosystem. Through the app, users can:

  • Review structured health check-ups and wellness summaries
  • Track trends derived from wearable data over time
  • Manage personal health profiles securely
  • Access virtual consultations with qualified healthcare professionals
  • Engage with optional, non-monetary participation-based features that encourage consistent health tracking

The platform is designed to support better understanding and more informed health conversations, rather than replacing professional medical care.

Web3-Enabled Infrastructure and Exchange Visibility

As part of its broader ecosystem strategy, Medifakt is also building a Web3-enabled digital health infrastructure designed to support transparency, interoperability, and future innovation.

The Medifakt ecosystem token, FAKT, is currently listed on leading digital asset exchanges, including MEXC (FAKT is live on MEXC (FAKT/USDT) https://www.mexc.com/exchange/FAKT_USDT) , providing global visibility for the ecosystem layer that supports Medifakt’s long-term platform vision.

The token listing is intended to support ecosystem participation and infrastructure development and is not positioned as a financial product or investment offering.

Designed for the Future of Connected Healthcare

By combining smart wearables, a secure mobile app, virtual healthcare access, and Web3-ready infrastructure, Medifakt is positioning itself as a next-generation consumer health platform built for how healthcare is evolving more connected, more digital, and more user-centric.

The ecosystem is designed to scale over time, supporting future integrations while keeping individuals firmly in control of their health data and engagement.

About Medifakt

Medifakt is a consumer-focused digital health ecosystem designed to simplify how individuals monitor, manage, and engage with their health. The platform brings together smart health wearables, including a health ring and health band, with a secure mobile application and virtual healthcare access to deliver a connected, user-centric health experience.

At the core of Medifakt is an integrated ecosystem that seamlessly connects wearable-generated health data with structured health reports, daily and comprehensive check-ups, and virtual consultations. Through the Medifakt app, users can track key health metrics, review clear summaries of their wellness data, manage personal health profiles, and engage with qualified healthcare professionals from a single, unified platform.

Medifakt is built with a strong emphasis on privacy, transparency, and user control, ensuring individuals remain in charge of their health information while benefiting from modern digital health technologies. The platform also includes optional, non-monetary engagement-based features designed to encourage consistent participation in health tracking and wellness routines.

By combining Fakt-O-Ring & Fakt-O-Band, mobile health tools, and remote care capabilities into one connected ecosystem, Medifakt supports more informed health awareness and easier access to healthcare engagement in everyday life.

Explore more at Medifakt

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Press Release

KEN WILL Releases New Single “Coffee” via Warner Music Group on February 27, 2026

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1 hour ago

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February 25, 2026

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New York, NY — February 24, 2026 — Warner Music Group (WMG) today announced the release of “Coffee,” the new single from global hitmaker KEN WILL, arriving worldwide on February 27, 2026, across all major streaming platforms.

The release comes amid a strong start to 2026 for Warner Music Group, reinforcing the company’s continued momentum across its global roster. With “Coffee,” KEN WILL delivers a defining statement record that underscores his creative range and expanding international footprint.

 

Blending contemporary R&B; with refined pop minimalism, “Coffee” pairs atmospheric textures with precise, controlled vocal delivery. Built around the metaphor of a late-night ritual, the single explores themes of intimacy, vulnerability, and emotional clarity through immersive production.

Subtle percussion, layered harmonies, and restrained sonic architecture create a soundscape that is both modern and timeless.

 

“KEN WILL represents a rare combination of commercial instinct and artistic independence,” said a spokesperson for Warner Music Group. “With ‘Coffee,’ he continues to establish himself as a creative force while signaling the next chapter in his global trajectory.”

 

Since signing with Warner Music Group in December 2025, KEN WILL has been developing a focused international rollout strategy aimed at amplifying his presence across key global markets. “Coffee” marks a significant milestone in that partnership and sets the tone for an ambitious 2026 campaign.

 

The single will be supported by a coordinated multi-platform launch, including strategic streaming partnerships, premium visual content, and targeted audience engagement initiatives designed to maximize global reach.

 

“Coffee” will be available beginning at 12:00 AM local time on February 27, 2026, via Spotify, Apple Music, Amazon Music, and all major digital service providers.

 

For press inquiries, interview requests, or additional information, please contact Warner Music Group’s press office.

 

About Warner Music Group

 

Warner Music Group is a global leader in recorded music, music publishing, and artist services, representing a diverse roster of acclaimed and emerging artists worldwide.

 

About KEN WILL

 

KEN WILL is a globally recognized singer, songwriter, and producer known for blending contemporary R&B; with modern pop sensibility. Signed to Warner Music Group in December 2025, he continues to shape his sound through releases that merge emotional authenticity with refined sonic craftsmanship.

 

KEN WILL Releases Single “Coffee” Release Date: February 27, 2026 Single Title: Coffee

Label: Warner Music Group (WMG)

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Press Release

Jason Sheasby Highlights How Innovation Disputes Shape Daily Life in Los Angeles

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4 hours ago

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February 25, 2026

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  • Jason Sheasby, a Los Angeles-based partner at Irell & Manella LLP, points to the local ripple effects of intellectual property and technology disputes on jobs, healthcare, and consumer costs.

California, US, 25th February 2026, ZEX PR WIRE, Jason Sheasby, a partner at Irell & Manella LLP in Los Angeles, is drawing attention to a broader issue that reaches far beyond courtrooms: the way technology and intellectual property disputes can affect everyday life locally, from the cost of devices to the speed of medical innovation and the stability of high-skilled jobs.

In recent years, Los Angeles and the wider region have become a major hub for tech talent and venture-backed innovation. CBRE reports the Los Angeles and Orange County region’s tech talent workforce reached 258,640 workers and includes 13,605 AI specialists. Colliers reports Los Angeles venture capital funding reached nearly $12.0 billion in 2025 across more than 720 deals, and Greater Los Angeles, including Orange County, recorded $17.7 billion.

As innovation accelerates, disputes over patents, licensing, and competition often follow. In 2024, the U.S. Patent and Trademark Office granted 324,042 patents, up 4% from 2023, reflecting continued growth in patent activity.

Sheasby’s recent matters have involved semiconductors, telecommunications standards, and biomedical technologies. Those sectors are not abstract categories in Los Angeles. They connect to the local workforce, local universities, and the health and technology products residents use daily.

Selected lines that capture the broader issue

From a recent feature profile:

  1. “The verdict in the Netlist case came swiftly.”

  2. “His practice moves easily between patents, trade secrets, antitrust claims, regulatory compliance, and internal investigations.”

  3. “In a legal landscape often dominated by settlements and quiet resolutions, Sheasby’s career has been defined by verdicts.”

  4. “The modern economy runs on code, semiconductors, biomedical breakthroughs, and global standards.”

Local context and comparisons

  • The Los Angeles and Orange County region’s tech talent workforce grew 13% from 2018 to 2023, reaching 258,640 workers.

  • The region is reported as the fourth-largest North American market for AI specialists, with 13,605.

  • Los Angeles venture capital funding reached nearly $12.0 billion in 2025 across 720+ deals, per Colliers.

  • Greater Los Angeles venture capital funding totaled $17.7 billion in 2025, ranking third nationally behind the SF Bay Area and the NY tri-state area, per the same report.

  • The USPTO granted 324,042 patents in 2024, up 4% from 2023, underscoring the scale of innovation that often drives licensing and infringement disputes.

Local action list: 10 steps to take this week

  1. Read the IP terms on one key tool you use at work (software, AI tool, or platform) and note what you can and cannot share.

  2. If you run a small business, inventory your brand assets: name, logo, product names, and key content. Keep them in one document.

  3. Turn on two-factor authentication for work email and cloud storage to reduce the most common forms of account compromise.

  4. If you build products, create a simple invention log: dates, sketches, meeting notes, and version history.

  5. If you hire contractors, confirm who owns what in the contract for code, designs, and written work.

  6. For founders, add a one-page IP checklist to onboarding: confidential info, permitted tools, and file handling rules.

  7. For employees, keep personal side projects separate from employer devices and accounts.

  8. For parents, talk to teens about copying and remixing online content and what “ownership” can mean in school and work.

  9. Support a local science or engineering program, even in a small way, through a community college, school foundation, or nonprofit partner.

  10. Pick one product you buy often and look up whether there is a local company making an alternative, then try it once.

How to find trustworthy local resources

  • Start with credible institutions: local university tech transfer offices, reputable bar association referral services, and established small business development centres.

  • Look for plain-language policies and clear fee structures. Avoid providers that promise guaranteed outcomes in legal disputes or rights enforcement.

  • When seeking legal help, confirm the lawyer’s licensing status through the State Bar of California and ask who will actually handle your matter.

Take one local step today: write down the one innovation you are building, protecting, or relying on, then take one concrete action from the list above to safeguard it this week.

About Jason Sheasby

Jason Sheasby is a Los Angeles-based partner at Irell & Manella LLP who focuses on complex litigation involving intellectual property, including patents and technology disputes across sectors such as semiconductors, telecommunications, pharmaceuticals, and medical devices. He is also a co-founder of TORL Biotherapeutics and serves on the board of trustees for Pomona College.

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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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