UNITBOX: Introducing Collateral-free NFT Renting and First Rent-to-Earn Tool
03 Juin 2022 - 10:21AM
NEWSBTC
With the total value locked in GameFi crossing $28 billion, game
development giants the likes of Electronic Arts and Ubisoft are
exploring the Play-To-Earn (P2E) space. Originally perceived solely
as entertainment, today gaming has transformed into a means of
making a substantial profit. It’s now evident that the NFT rental
systems will become one of the core instruments of the GameFi and
DeFi industry. Yet, the nascent industry still lacks an aggregator
that would connect members of the GameFi ecosystem, give brands a
better idea of consumers’ intent, lower entry barriers, and create
more trust in the space, nor tools that would allow monetizing NFTs
to make a profit. UNITBOX DAO is the first custody-free NFT renting
and leasing protocol, as well as the first use case of the wrapped
NFT (wNFT) technology. It leverages DeFi mechanics to aggregate
millions of crypto investors, renters (guilds, scholars), and
players to provide them with access to its one-of-a-kind
Rent-to-Earn model. Features and products Launched in Q3 2021 in
Dubai by Anton Link, UNITBOX offers collateral-free renting and
leasing for NFTs. Through the protocol, users can buy, sell, rent,
and lease non-fungible tokens on the native marketplace, while
games and other projects (e.g. marketplaces), can use it to
integrate the rental service into their systems. The platform
allows NFT owners to lease their non-fungible assets, while the
payouts are distributed automatically on the daily basis via
blockchain mechanics. The investor can call back their
non-fungibles at any time and get his investment returned. The
rental system is powered by the know-how wNFT technology created by
UNITBOX Co-founders, which won top-3 at a Binance hackathon and
received grants from Rarible, Polygon, and NEAR Protocol. The
non-fungible gets wrapped in wNFT for the duration of the rent and
is unwrapped back into the original NFT as one of the participants
calls the deal back. All actions are carried out through a smart
contract. UNITBOX brings in trust by guaranteeing the reliability
of any deal. All transactions within the system are fully
transparent, while the investments and payouts are also distributed
via DAO-governed mechanics. This approach helps effectively solve
the trust issue and offer a new investment product with an
understandable and transparent business model for the entire
industry to benefit from. Who can benefit from using UNITBOX
UNITBOX aims to bring value to four groups of people: guilds,
scholars, gamers, and investors, offering new investment
possibilities in the GameFi and Defi markets. UNITBOX empowers
transparent investing into P2E while lowering the entry barrier, so
crypto investors can start earning instantly on rent and staking.
For guilds, the platform offers NFT assets rentals & delegation
in its DAO ecosystem, well as advanced guild management tools and
infrastructure. Scholars on UNITBOX can enjoy jobs and intuitive
profit-tracking through various earning, ambassador, and airdrop
programs & other tools. On top of that, both guilds and
scholars get access to an extensive gamer database, as well as
liquidity-raising instruments to increase revenues. GameFi players,
in their turn, no longer need to purchase expensive NFT objects to
earn money in games: they can start earning by renting out
non-fungibles they need, share profit and get a chance to become
scholars. The platform enables a plethora of handy features and
dashboards for all users to ease decision-making and governance
processes. Economy Staking is the main utility function of the
native $UNIT token. A percentage of the profits of investors and
tenants – 7,5% of the success fee – will go to the project
treasury, to be distributed proportionally among the stakers. This
model creates an incentive for the organic growth of the token
rate, as well as a cycle of dependency on the marketplace
customers. Market mechanisms will support the price of the token
and set a price floor for $UNIT. Therefore, with the growth of the
GameFi industry, the number of UNITBOX users will increase – and so
will the rate of the native token. Team, expertise, and partners
The project’s team, led by CEO and Founder Anton Link, includes
tier-1 professionals with leading crypto, investment banking, and
tech backgrounds. All of them have in-depth experience working on
DeFi projects. To date, the ecosystem has partnered with over 10
Guilds, 50,000 investors, and 300,000 scholars and researchers.
Eventually, by the end of 2022, UNITBOX aims to connect more than
300 guilds, 100,000+ investors, and half of a million traders.
Future milestones UNITBOX started 2022 by rolling out the protocol
prototype, developing and testing economy logic, performing key
hires, and opening a strategic financing round. In Q2, the team
plans to finish the development of the UI/UX frontend, launch the
native rental marketplace, open alpha-build early access for $UNIT
holders, and hold private and public sales rounds for the token. Q3
will see NFT oracle integrations, code freeze, and security audits,
as well as the listing of $UNIT on tier-1 exchanges. And lastly,
the launch of UNITBOX DAO protocol, completion of staking vaults,
wNFT rentals for B2B, and the launch of governance mechanisms are
planned for Q4.
Uniswap (COIN:UNIUSD)
Graphique Historique de l'Action
De Mar 2024 à Avr 2024
Uniswap (COIN:UNIUSD)
Graphique Historique de l'Action
De Avr 2023 à Avr 2024