SuperRare

Unique.One (RARE) is a decentralized non-profit platform owned and operated by the digital art community that brings together artists, creators and collectors as one.

2020 has been a bleak year for art. Major festivals have been cancelled, museums and galleries closed and residencies have been postponed due to COVID travel restrictions.

But art minted as NFTs (Non-Fungible Tokens) and digital collectibles are booming as the digital art market is flooded with massive amounts of funds.

Virtual art is rapidly gaining momentum. It offers an incredible opportunity for artists of all media to share their art digitally and generate income.

Any digitally displayed artwork can be tokenized (minted as NFT) - images, photos, videos, blogs, music files, etc.

What is NFT Art?

What makes physical art valuable is its origin, which depends on the ability to prove ownership. This was difficult to do in the digital world before the advent of Non-Fungible Tokens (NFTs).

NFT is a unique token on the blockchain that can be attached to any asset to verify its authenticity and ownership. Each NFT contains immutable identifying information stored in its smart contract and recorded on its blockchain.

Any artist can quite easily digitize their work, tokenize it, and verify ownership, which introduces provenance into the digital art space. This means that digital works of art can be authenticated and ownership can be verified and traced, which creates value.

Tokenized art has created accessible and fluid global markets. NFTs associated with digital content may grant property rights such as:

The right to own;

The right to sell;

The right to lend;

Right to royalties;

The right to reuse.

These secondary markets for digital content in the form of NFTs provide unprecedented opportunities for artists, authors, buyers, sellers, traders, collectors and fans.

Unique.One is a fully decentralized next generation NFT art marketplace that is independently managed by the digital art community.

By the community, for the community.

Unique.One is a place where new and professional artists can take their creativity to the limit on fair and equal terms.

Artists, collectors, merchants and fans can learn, play, socialize and grow together.

Unique.One insists that the open and decentralized art market platform belongs only to the art community and not to the founders of the project.

For true decentralization, Unique will be managed by a DAO.

Unique believes that existing players in the market are not achieving pure decentralization.

Other decentralized NFT marketplaces practice censorship along with other forms of unfair practices. They are typically owned by profit-seeking corporations and backed by venture capitalists. Their goal is to make a profit, not a return to the digital art community.

Unique.One is a permissionless decentralized NFT exchange.

Unique.One supports artists instead of profiting from them, and doesn't charge artists to create works, but instead rewards them.

Other NFT platforms charge buyers transaction fees of 2.5% or more.

Each purchase transaction on the Unique Marketplace will incur a small transaction fee of 1% payable by the Buyer - all transaction fees will be used to purchase a RARE dollar from Uniswap for distribution to all holders of tokens in circulation.

$RARE is a token created on the Ethereum blockchain to manage the ecosystem of the entire Unique.One platform - from NFT Creation Mining to liquidity pools and DAOs.

$RARE has a fixed supply of 10 million tokens to be issued over a five year period. The token will be available at launch.

All existing NFT platforms for digital art have a practice of charging Artists and Creators for the publication of their work, which accounts for the majority of the proceeds from their sales.

We believe that the new efficiency provided by digital art NFT platforms makes this unnecessary. Any platform that accuses artists of merely creating works is unfairly taking advantage of the people they claim to serve.

At Unique One, we don't charge commissions from contributors. Artists will receive the full value of their work.

Unique.One will be the first platform to reward authors for publishing their work on the platform.

10% of our $RARE token offer is reserved for contributors.

Any NFT created natively on the Unique.One platform will be eligible for a share of the reward in the form of $RARE tokens.

To prevent abuse, the maximum number of addresses that may be required will be limited to 1% of each reward period.

Users (buyers and sellers) of the platform will be rewarded with $RARE tokens based on the number of transactions.

Every buy/sell transaction on Unique.One will be eligible to receive mining transaction rewards.

This reward will be shared among all buyers and sellers.

To prevent abuse, the maximum number of addresses that may be required will be limited to 1% of each reward period.

Users (buyers and sellers) of the platform will be rewarded with $RARE tokens depending on the volume of Eth transactions.

Every buy/sell transaction on Unique.One will be eligible for mining volume rewards.

Mining volume rewards will be shared among all buyers and sellers.

Unique. Everyone wants to encourage and reward high quality works of art.

Unique.One will run weekly artist competitions where artists can win RARE.

1,000,000 RARE reserved for art competitions.

Winners will be determined by voting through $RARE on Snapshot or DAO.

This award will be presented to all winners of the competition after the official confirmation of the results.

Liquidity Provider (LP) rewards encourage the community to add liquidity to our Uniswap pool, which improves trading for the rest of the community.

To qualify for liquidity mining rewards, you need to stake $RARE and $ETH in the Uniswap 50/50 pool.

Our smart contract will then calculate the reward based on the blocked amount + the blocking period and the rewards will be automatically paid to your address.

Liquidity providers will share $1 million worth of RARE tokens to provide liquidity on Uniswap.

More details will be posted closer to launch.

Unique.One recognizes the Impermanent Loss issue as a liquidity provider on Uniswap and other DEXs and has allocated an LP reward pool of 10% of the total to be paid out over 5 years.

Due to the development of technologies that can potentially minimize or eliminate intermittent losses, we may recommend that liquidity providers create new pools or migrate to new platforms such as Polkaswap.

Awards

Community engagement is one of the key success factors for a crypto project and Unique.One fully supports this.

Grants will be made available for marketing campaigns and community development programs to help Unique.One grow its community.

Launching and accelerating with a large user base is one of Unique.One's priorities.

We will explore the possibility of incentivizing various communities through airdrops, and will also provide a one-time airdrop for all ERC721 holders. Distribution can be requested through a distribution smart contract.

Developer funds - 20%

DAO Distribution - 20%

Creation of mining - 10%

Transaction mining - 10%

Production volume - 10%

Competition awards - 10%

LP Mining - 10%

Rewards - 5%

Free giveaway - 5%

We believe that early adopters should be rewarded because they accelerate implementation in the critical early stages of a project.

Thus, the allocation for 1 year is larger than for subsequent years. We also expect the price of the token to be lower initially - hence the larger distribution.

After the 5th year, when the distribution of tokens is fully distributed, the DAO decides on the mechanism to support the project.

This mechanism could be to introduce new fees, increase fees on the platform, or add new revenue streams - through a system of collective contributions or a combination of measures.