We are pleased to announce our next AMA on April 3rd 2021 at 01:00 PM UTC Time: Satoshi Club x Unicly
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Unicly Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions. 6 Questions will be selected from our website – please submit your questions in the comments section of this post.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Unicly Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Unicly
For more details:
Unicly – @unicly_community
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
Many projects rug pulled …. Why should investors trust your project not to do the same ???
Trust is so important in business, what makes investors, customers and users feel secure when participating in your project? How will you gain the trust of many negative users about Blockchain and DeFi?
What makes your project different from others in the DEFI world ?? and some of them are practical gadgets or are you lying ?
There are many projects that are not traded on major exchanges that still go unnoticed.So, what do you think about listing tokens on top exchanges? For example MXC or Binance
Would you please tell me more about the team and some of their profiles? Personally, have I seen a lot of projects kick-off with inexperienced team members and some of them not going well due to easy-to-avoid mistakes?
Due to the complexities of Covid-19, so many people have been working from home, How can the community earn passive income with your project? What is the team’s strategy for creating price stability in the future? And what is the degree of development and application in this pandemic?
Trusting your team is the first thing that makes me feel secure to invest, in the near future, what remuneration policy will you have for close investors?
As a community-based project, how do we contribute our quotas to your success? Do you have a Global Ambassador Program or a Referral Rewards System? Please be specific to me
How will your project generate profits / income to sustain your project and what is the revenue model? Do your employees understand that?
How will it benefit your investors and projects?
What is your top 3 things for priorities in 2021? Could you share some plans for the upcoming year?
Can you list 1-3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
I recently saw a post in your community about a $ 1500 prize pool contest, what I like about this contest is that they have been very generous and have decided not to have 1 winner but 250 winners. How can i participate in this contest? What profile must I meet to be chosen among the 250 winners?
Unicly is based on fractionalization, allowing more people to trade NFTs at lower prices, allowing them to own even the most coveted NFTs. But just as it has this nice advantage, it can also be said that it has negative points such as that the market capitalization for a single NFT has a ceiling. How do they divide the token without presenting the disadvantages that occur in common fractionalization?
Splitting the NFTs is only part of the solution. Not fractioning those NFTs and determining their rightful owners is a challenge in itself. How does the Unicly protocol improve on the above problems? Treat each NFT within a fragmented collection as a single item?
Unicly combines MMA, NFT auctions, agriculture and decentralized governance to create the best NFT gallery and trading platform ever imagined. How will UNIC be launched? Who are the investors?
It will be a completely fair launch. They will start with 1 UNIC and add some groups to the white list. At that time, anyone can provide liquidity and stake LP tokens to earn UNIC. Will UNIC bettors of LP chips be minted in each block? Will the UNIC mintage rate for all months be the same?
For uTokens holders, it is always good to provide liquidity as you can stake your LP tokens to win more UNIC. You can do this on the Farm page. How do you create a uToken collection? Does Unicly allow collectors to bid on specific NFTs instead of entire collections?
I noticed that it has a kind of mix that allows me to participate in multiple NFTs at the same time. Through what function can I participate? Do you allow collectors to bid on specific NFTs rather than entire collections? Are they compatible with any NFT?
Unicly will attract and incentivize all stakeholders in the broader blockchain ecosystem to participate in the NFT ecosystem. Can I make interchangeable collections of any size through Unicly?
Buying NFT is quite a laborious process. Fungible tokens can have thousands of buyers and sellers, but each NFT transaction depends on bringing together a single buyer and a single seller.How does Unicly improve the quality of this process? Tell me a little about your fractional model?
What can you do in Unicly?
How are the fungible tokens can have thousands of buyers and sellers?
How does Unicly work?
Unicly offers an option to fractionalize and un-fractionalize NFTs so anyone with NFTs can create an “uToken” which will represent a whole collection or bundle of NFTs, my question is: once a creator adds liquidity to this uToken, is this liquidity locked somehow? If so, what’s the procedure to unlock it if the owner decides to stop the process?
It’s on your whitepaper that uToken holders are guaranteed proportional value generated by the collection, being able to convert the uTokens into ETH, is there any fee that the holders have to pay in order to convert their uTokens? How is their value determined and redeemed?
As a NFT project that uses ERC-20, Unicly will charge gas fees, is that right? What is your solution on this matter?
Basically you take an NFT a make it more tradeable thanks to your mechanisms, but this mechanism is only compatible with ERC-721 NFTs? What about other types of NFTs like ERC-1155 ?
Can you explain us how is the process or the pre-requisites to mint Utokens with my NFTs? Also why do you need use this collateral version instead the original version of the NFT?
Will any of user who buy the Unicly token also having ownership for his collection? Can user also having in control or viewing the NFT?
The governance system says that yo create a new proposal, it’s needed 2% of the total supply, but this is between all users that want to implement the proposal or just a single user?
It is mentioned on the Unicly website that currently there are some issues in NFT fractionalization, such as sharding single NFTs and random distribution to shard holders. So can you explain further about how Unicly is going to solve these problems? What are you going to do different from other NFTs platforms?
UNIC is the Unicly governance token, but I read that uTokens also give its holders the ability of voting, so can you explain more about the differences between these two type of tokens? Also, I noticed that the distribution of UNIC is 90% for community and 10% for development, but can you explain more detailed what does that entail?
The fair launch of Unicly will be in two parts. The first part, Unicly Protocol Mainnet, will be on April 7th and the second part, UNIC token + Liquidity Mining, will be on April 19th. Can you give us an overview of what will happen during those days? Will Unicly be fully functioning when both parts are finished or can we access after the first part?
The fact that you are doing this is very interesting, but confusing that the platform only supports the ERC standard. Given the rapidly growing popularity of NFT and the emergence of NFT in networks that are cheaper than ETH, I would like to ask when support for other NFT standards will be added? We can expect the emergence of partnerships, bridges or anything else that will help more users join you?
As stated on your official website, to farm UNIC one has to provide liquidity by staking their uTokens to earn more UNIC. You can also stake more UNIC to earn xUNIC where xUNIC can be converted for more UNIC over time. Can you carefully explain this process, what is the difference between UNIC and xUNIC, and why do I have to stake my earned UNIC to get xUNIC does it mean that UNIC can also be used as an LP token?
The UNIC token is entirely a governance token as a whopping 90% of it’s projected supply will be entirely for the community with only a megre 10% to the development team. Don’t you think this tokenomics distribution approach will in some ways hinder the flexibility (ease at which UNIC can be used for varying purposes in the future), liquidity and value of UNIC over time as we know that community has a way of dumping out when interest is lost or just to basically cash out?
By whom was Unicly created and how does it combine its NFT collection to convert it into a negotiable token?
Unicly is a protocol to combine, divide and exchange NFT, how does NFT transform into a tradable asset with guaranteed liquidity?
Explain to me what Fractionalization NFT is. I want to understand if someone adds an NBA collection to the platform, then by buying one UNIC I automatically become the owner of Michael Jordan’s underpants? And the more expensive collections on the platform, the more expensive the token? Or there is no connection between the price of the token and the cost added NFT collections?
Unicly has a reward program with respect to NFTs, which is; Rewarding contributors of the best NFT collections through the extraction of liquidity from the UNIC governance token. But how do they determine the best contributors ? Through a vote ? And how often does this reward system take place ?
I understand that your native UNIC token has a supply limit of 1 million, and that your inflation will decrease in a month. But could you give me more information about this token ? How users will benefit from the use of UNIC token ? Will it be possible to Staking on your platform ?
Unicly is a protocol for combining, splitting and exchanging NFTs. But commonly users who own NFTs are looking for a platform that is profitable, does not contain high commissions and has a high security to make their sale transparent, then. What are the fees that users find within Unicly and how does its security work? Will users have to complete a respective KYC ?
What is comprises Utoken collection? Can you tell us how Utoken collection connected with Unicly? How to access Utoken? Is Utoken is another token of Unicly aside from Unic token? Thank you
I applied for the unicly contest on gleam.io and base on what is on their website 909 people applied like me also, i will like to know if you are going to use FCFS algorithm to choose winners because you are only given 250 participants?
I did like to know how you derived the name unicly or what exactly brought the name “cly” out of the “uni”
In your medium account, you basically called UNICLY a NFT fractionalization platform, i will like to know how UNIVLY work to fractions the NFT or why it is called so.
Hey
We have the issue of copyright in NFT selling, how do you deal with it when the seller issues copyright on his product without the buyer knowing. You know that they can claim the product back if they have copyright on it, I don’t know if you have a p2p platform that make the seller and buyer interact.
You mentioned that one of you advantages is the acquiring of collections containing multiple NFTS across different smart contracts, i will like to know if their are other smart contracts you use apart from ERC-721 and ERC-1155s.
UNICLY are believed to treat every NFT within a sharded collection as a unique, irreplaceable item. What is the meaning of the “sharded” and how do you plan to achieve it?
To become your Launch Partner, we need to fill out the proposed form with several questions. What points do you pay attention to first of all? How often do you receive such requests, how quickly do you respond to them, and what percentage of the total number of requests are denials and partnerships?
While studying your project, I read that UNIC can be mined forever. How will you control the amount of token mined by users so that it does not exhaust the total UNIC supply?
The key features of Unicly is it is built by NFT collectors, Unicly brings a revolutionary and unique way to combine your NFT collection, tokenize it and make it tradable. So if your platform is built by NFT collector,did you also consider NFT creators in Unicly? NFT are consider as collectible by some,but in Unicly in what unique way that NFT collection can be tokenize and be tradable? Do you plan to build your own NFT Marketplace to tokenize and trade NFT in Unicly? Thank you
There is discontent among Unicly users. They don’t like the idea of a liquidity pool in Ethereum.
You are going to release ERC-20 to the pool, where people will have to pay huge sums for gas.
But you will be sending the giveaway money to the BEP-20 Binance Smart Chain to avoid paying for gas. What solution to these problems can you suggest to prevent dissatisfaction and not lose your users?
Unicly website said that Leia or 0xLeia is the one who built the platform? One person singlehandedly raise a project like this? How many people are involved in the Unicly project?
Do UNICLY have any partnership to help the project fasten the marketing and for promotion purposes? The NFT industry are super hype so do you think you can salvage one partnership to raise the project’s success rate?
What is Unicly Launch Partner program? Who can be a launch parner and what are the benefits they will enjoy when approved as a Unicly Partner? Can you tell us the selection process of this program?
What is the usecase for sharding the NFT or buying pieces of it? Is it like a puzzle, collect all pieces to get full NFT?
Unicly website mentions farming. Will users be able to farm NFTs directly? Or will it be via the token that can later be used to purchase the NFT?
Leia, you built it all by yourself? I am impressed! It is rare that one person can be a backend dev, frontend dev designer and a visionary all in one. How did you get the idea to create unicly and was it difficult to manage it all solo?
I read that NFT platform Unicly will be released on april 7th, could you introduce to us what new feature that we possible to try on there? And what is the different with similar NFT project out there?
I read your medium it said unicly will bring new innovation regarding Yield farming into the world of NFTs, as I know yield farm possible to token but how does it work if we farm with NFTs? And how about the reward distribution system?
Unicly is a permissionless, community-governed protocol to combine, fractionalize, and trade NFTs. Can you explain more about fractionalize? How does it work in unicly platform?
I got an information about unicly and well i understand to a point that you created a protocol for trading nft. My question is would you be able to offer market for all nft? And looking at the erc-20 network you used, don’t you think a better cheaper network would encourage adoption?
I saw this in your litepaper…. “As soon as more UNIC is minted, the community will have the power to govern the platform themselves.”
Which significant Protocol or evidence shows that the community would be given the power to govern the platform. There is no clear signs of that in your litepaper.
And when will you release your whitepaper?