Why Do People Want NFTs? (A Deep Dive Into Metaverse & Phygital Assets with Uniqly) 🤔

Ari10
Ari10
Published in
7 min readOct 14, 2022

GM! Web3 is developing at a really fast pace. It’s the bear market now, but when mainstream media screams that web3 is going to hell, ambitious builders are creating startups that will change the world in the next decade! 🚀

One of the fastest developing sectors is the NFT space, worth now $13B. According to some experts, its overall value will be $200B by 2030 (we write more about here).

And you do not have to be a super experienced analyst to know that the companies that keep building during the downtrend will dominate the future of the web3 stage.

Anyway, NFT is simply popular because it is necessary and technologically relevant to so many fields, so mass adoption is inevitable. People now mainly enjoy NFTs as pictures, but the trend is moving toward the utility of this tech in the real world.

This led us to give you a deeper insight into Uniqly: the platform that makes something unique… probably the only company on the market that offers digital assets (NFT) linked to physical items (that can be used in the metaverse at the same time)!

Scroll down & let’s get into details (together) 👇

What is Uniqly? 🤔

So far, NFT (non-fungible tokens) was viewed as pure speculation.

Uniqly is a web3 company that provides a real use case of the non-fungible technology, delivering a wide variety of products & services on Ethereum & Polygon blockchains.

Uniqly is building a bridge between NFT and real items.

They are connecting the digital world with the in-real-life experience. In addition, with NFT they provide a Proof-of-Authenticity mechanism.

What Problems Does Uniqly Solve? âš“

“But sirs, what group does Uniqly target & what problems does the team solve?”

Gotchya

The main problem observed in the DeFi & NFT space is the lack of an intuitive interface, allowing users to enter web3 safely.

There are no efficient onboarding tools meaning if you do not know anything about blockchain (and want to buy first crypto assets), you won’t manage buying your first cryptocurrency (because we do not have intuitive tech solutions)

Example: if you want to enter Decentraland or Sandbox (well-known metaverse spaces), and purchase digital goods, you need to buy $SAND / $MANA tokens via the crypto exchange, which may be complicated. You might got stuck on that step.

What about people who are only familiar with traditional financial tools?

Maybe if there were more companies providing fiat-related (like card payment) crypto-buying methods, the web3 adoption would be much broader.

Until recently, there had not been a company in the NFT space that allowed fiat purchases.

Why is that crucial?

It would make buying NFT tokens as easy as shopping on Amazon.

But guess what: Uniqly launched a platform for buying NFTs not only with crypto, but also with fiat currencies (credit card & debit card methods are coming soon)!

“What Can I Do In The Uniqly Ecosystem?” 🤔

Reedem digital items (NFT) to the physical ones

Let’s say you bought a digital hoodie in the form of NFT, and one day, you decided you want to wear it IRL. Great! Just fill out the form on Uniqly’s website & redeem the digital piece of clothing to the real world!

All the data provided during this process is permanently saved on the blockchain.

Keep in mind that you can also redeem the NFT to the metaverse object.

Dress up your avatar in the Metaverse (i.e in Decentraland)

Synchronize your clothing in the real world & the metaverse! Not everyone knows that you can simultaneously sit in front of your computer, wearing a T-shirt from Uniqly, and in addition, your avatar can wear it in the virtual world.

Moreover, you can dress up the entire avatar (using Uniqly store), and at the same time have each item at your home.

Trade your NFT token on the exchange!

Imagine you are bored with the hoodie-NFT bought 6 months ago, or the NFT market has gained in value. Your hoodie is worth 0.1 ETH instead of the initial price you paid (i.e. 0.05 ETH), and you just want to sell the token. No problem! Just go to OpenSea and put your NFT for sale!

How to Buy Web3 Products on Uniqly? 🚀

At the moment, you still need a MetaMask wallet filled with cryptocurrency assets to do that. You can buy an item on Ethereum or Polygon blockchains, paying in UNIQ tokens, ETH, USDC, or WETH.

Purchases with fiat currencies are coming soon:

Uniqly vs Proof Of Authenticity Issue đź“Ž

Above, we’ve mentioned the Proof of Authenticity.

Have you ever been wondering what it is?

In the normal world, it’s:

“a written document that attests an object is authentic, meaning that it was indeed created by the artist to whom it is attributed. It is a kind of identity card for a product, even if several people can issue a certificate of authenticity for the same work”

The problem is nowadays, it can be falsified, especially when it is just a written document (or even the purchase evidence).

What does it mean for the client? You cannot be sure that the product you just bought, especially on the secondary market, is 100% authentic.

It applies mainly to the fashion market & rare items.

TL;DR: the current state of the broad range of proof of authenticities sucks a bit. Paradoxically, you cannot trust even the official evidence.

A New Dimension of Fashion 🟣

Uniqly has approached this differently. They created a system using NFT & blockchain solutions to prove the particular object is original.

It allows users to be 100% sure that their item is authentic.

The evidence is written on the public network, whose status cannot be changed or falsified.

Uniqly came up with a model where the client/user does not have to trust anyone because the code is the law (and cannot be modified).

How exactly does it work?

Each physical purchase (of shoes, for example), is linked to its digital equivalent.

Let’s say you will buy this pair of AF1:

If you look closer, you will discover the QR code on the front.

After scanning the QR, you will access the data from the issuer of the particular item. You can reach the minting transaction and the unique ID.

“What ID, sirs?”

Each item comes with an NFT. An NFT has a unique ID connected with the one placed on the item.

How Uniqly is Broadening The Web3 Adoption (Air10’s important role) 🚀

You can already guess that Ari10 will cooperate with Uniqly to increase NFT and crypto adoption. We will be working together in many areas.

But (uncovering the secret), the most exciting thing is that Uniqly will soon be able to target non-web3 clients thanks to the fiat-crypto gateway from Ari10!

On their website, there will be a dedicated widget where you will purchase digital wearables & utility tokens with credit or debit card (implementation date: near future, stay tuned).

The fiat-crypto gateway is packed in with an intuitive UX, which takes you into a place without the need to use any additional tools to make the first step in the web3 world.

Important: Uniqly provides easy & intuitive gateway so the users without a broad blockchain understanding can enter the Metaverse,

Bottom Line đź“ť

If you want to take your first step into the Metaverse, visit Uniqly and get your first NFT!

However, more details on purchasing NFTs with a credit card will be coming soon, when everything is ready! Stay tuned!

Follow us on socials to stay up to date!

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Ari10
Ari10
Editor for

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