September 23, 2020
It’s been an exciting few weeks at Usetech. First, we had a double win at Hackusama, the first-ever hackathon for the Kusama and Polkadot ecosystem, bringing home prizes in both the “Build a Blockchain” and the “Community Choice” categories.
Now, we are delighted to announce the launch of Unique Network, a non-fungible token (NFT) chain for Kusama and Polkadot.
In comparison to fungible tokens, which are interchangeable and easily replaced by something identical, NFTs are unique, collectible, and digitally scarce. We believe that such assets have a very important role to play in Web 3.0, the next generation of the internet.
Unique Network strives to create a Web3 economy for NFTs by building solutions for secure digital ownership of unique digital or real assets. We have launched a testnet in Proof of Authority (PoA) mode with:
We built the NFT module using Substrate, the blockchain modular framework that allows easy blockchain customization, interoperability, and scalability across the entire Kusama and Polkadot ecosystem. This is the beginning of a long and ambitious process to create world class solutions for the Kusama and Polkadot ecosystems with the following goals in mind:
As we have shown with our Proof of Concepts within Hackusama, all of these goals are possible with Substrate. We are now focusing on creating the production level chain. We invite gaming studios, artists, certification providers and anyone else to join us in building a new future.
Usetech joins the blockchain revolution by helping enterprises pilot their ideas to enable new business processes and by developing products that disrupt whole industries. Discover more on our website and Github.
Learn more about Web3 Foundation, Polkadot and Kusama here or follow them on Twitter: