Unique Network, an revolutionary blockchain platform targeted on NFTs, has introduced the launch of its NFTs 2.0 CodeCraft Grant Fund. The grant initiative hopes to encourage builders, designers, and NFT fans worldwide to push the boundaries of NFT innovation by creating customizable, utility-focused options.
With a considerable prize pool of $250,000, the fund encourages individuals to discover the complete potential of NFT expertise and develop new purposes inside Unique Network’s superior economies. Alongside the NFTs 2.0 CodeCraft Grant, AWS Startups will contribute $100,000 price of AWS Activate credit to help grant recipients.
The NFTs 2.0 CodeCraft Grant Fund permits individuals to dive into numerous superior NFT sorts Unique Network helps. These NFT sorts embrace customizable, composable, nested, dynamic, multi-asset, and multi-resource NFTs, integral to growing decentralized purposes (dApps) and micro dApps.
By offering a flexible toolkit for innovation within the NFT house, the platform goals to empower revolutionary founders and improve NFT utility past the preliminary wave of speculative property to real-world use instances, for instance, in gaming, e-commerce, and actual property.
Highlighting their capabilities, Unique Network, which operates on Polkadot’s parachain, lately achieved a record-breaking minting velocity of 4930 NFTs per minute.
Alexander Mitrovich, the CEO of Unique Network, emphasizes the transformative potential of NFT utility instruments: “NFTs have a long way to go. The first wave was driven by speculative jpegs, but it is the powerful NFT utility tools that will lead the Next in NFTs. At Unique Network we already delivered these capabilities in the last year, and now we are seeing deep interest by the most innovative founders.”
Transformative Potential of NFTs
As a part of the NFTs 2.0 CodeCraft Grant launch, Unique Network has already awarded developer grants to 2 initiatives: DED GAMES and MusicMoon (previously LoopNFT). DED GAMES plans to include Unique Network’s customizable NFTs into its gaming initiatives to boost participant experiences.
Alternatively, MusicMoon goals to leverage superior NFTs to provide artists extra management over their work and earnings, bypassing conventional report labels. MusicMoon’s success at a Polkadot APAC Hackathon and its choice for the Polkadot Blockchain Academy catalyzed the collaboration between MusicMoon and Unique Network.
Josep Gracés, Founding father of Music Moon, spoke of the developer grant, saying, “This grant from Unique Network is not just funding; it’s a catalyst propelling MusicMoon to revolutionize how artists create, share, and monetize their music, ensuring they retain rights and foster direct connections with their audience through blockchain technology.”
Unique Network plans to repeatedly announce new winners from the grant candidates, fostering ongoing innovation in utilizing superior NFTs. The grant program features a vary of challenges to advance NFT expertise additional. The announcement encourages individuals to go to Unique’s web site, submit their initiatives on-line, and be part of their Developer Telegram chat to qualify.
