Unique Network Raises $ 11.3 Million for Next Generation NFT Infrastructure

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The first NFT chain for Polkadot and Kusama offers more flexibility for anyone looking to create their own gallery or video game

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LONDON, October 25, 2021 (GLOBE NEWSWIRE) – Unique network , a next-generation NFT chain for Polkadot and Kusama, announced today that it has sold $. has collected 11.3
million in the second round of presale, bringing the total to $ 16 million. The investment round was led by Web3 investment pioneers Runaway companies , which was joined by some of the best-known NFT investors, including The LAO , flamingo , Capital of Nalu and over 200 other investors, including a number of follow-up investments from the previous round. Unique Network has made its round of financing good for the upcoming start of, especially with the quality and quantity of the investors involved quartz , his NFT chain for Kusama.

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“Unique Network is breaking new ground for NFTs within the Polkadot and Kusama ecosystem, and we are thrilled to support them in their quest to expand the NFT design space.” – Chris Cable, FlamingoDAO

“Despite all of the current craze for NFTs, there is still a massive barrier to entry,” said Unique Network Co-Founder and CEO Alexander Mitrovich . “Gas fees, the need to buy cryptocurrencies, storage, and even the fact that NFTs have limited capabilities for artists to express their vision are all holding the industry back. Unique Network and our Kusama chain, Quartz, are designed to solve the economic and storage problems with Ethereum-based NFTs and create new levels of interaction and malleability that take NFTs to the next level. “

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Unique Network will participate in the upcoming Parachain auctions for Kusama, where they want to secure a Parachain slot for Quartz, their new Canarian network for Kusama. From Wednesday, October 27th, those interested can take part in the Crowdloan to help quartz win the auction.

Quartz will be the first NFT infrastructure on Kusama and is designed to enable the most powerful and advanced NFT functionality on the Kusama network. Quartz Parachain on Kusama will allow anyone to build NFT marketplaces and gain experience of interoperability between different blockchains such as Ethereum and EVM based chains and other notable NFT blockchains.

In the five months since its first round of investment, Unique Network has announced various partnerships, including with the UN-led DigitalArt4Climate campaign with GloCha, RMRK , Art curators grid , Forever has fallen and more. With the upcoming launch of Quartz, Unique Network can help even more projects and artists develop their NFT marketplaces and experiences.

For more information, please visit Unique network , and join us Twitter and telegram .

About Unique Network

Unique Network is a framework for the next generation of NFTs. As the first NFT chain for Kusama and Polkadot, it offers developers independence from network-wide transaction fees and upgrades. Unique Network’s team built Substrapunks, the first NFTs on Polkadot, won Hackusama in 2020 and created the range of substrates for NFTs. Unique Network was launched in July 2021.

For media inquiries , please contact: [email protected]

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