Uniqly price 

UNIQ

Uniqly (UNIQ)’s key product is its item generator, a multi-functional tool for creating original clothing and accessory designs. With the generator, users can create unique apparel, ranging from t-shirts and sweatshirts to hats and masks. For instance, if an influencer wanted to create their own line of clothing, they could do so with the generator and the design would then be manufactured by one of Uniqly’s partner companies. Fans could then purchase the NFT that is attached to the clothing. On Uniqly, when a user wants to physically receive a real-world item, the corresponding NFT is burned so that the token cannot be reused.

Uniqly also offers an escrow service, through which users can send clothing to Uniqly as a trusted third party and receive an NFT in exchange that can then be traded or leveraged for financial use on its NFTfi platform. On this marketplace, users can trade NFTs that are backed by real-world items, essentially allowing them to trade parts of a brand. Another service offered by Uniqly is NFT token materialization, through which users can receive NFT art in three-dimensional form: either as a high-quality print representing the NFT or as a canvas print. Each materialized item comes with a QR code that confirms the provenance of the item.

The total supply of Uniqly (UNIQ) is 13 million. The token distribution is as follows:

• Advisors: 3%
• Partnerships: 5%, 30% on Token Generation Event (TGE) and 14% each following month
• Uniswap: 4%
• Strategic development: 7%, 20% on TGE and 14% each following month
• Team: 8%, 10% on TGE and 8% each following month
• Marketing: 10%, 40% on TGE and 30% each following month
• Presale: 63%, 20% on TGE and 4% each following week

The UNIQ token enables holders to:

• pay lower commissions when using the Uniqly platform
• receive special discounts on products and services
• Receive rewards for staking UNIQ
• Promote and highlight auctions of apparel

15% of all net profits are used for buyback and burn incentives, with another 15% of net profits spent on special rewards for token holders. Uniqly raised a total of $1.958 million through several private sales and public sales, before listing on Uniswap at an initial price of $0.40. 7% of raised Ether (ETH) are automatically locked and serve as a liquidity pool for one year.

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