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Unique Network Launches $250k NFTs 2.0 CodeCraft Grant Fund to Inspire NFT Innovation
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London, England, February 15th, 2024, Chainwire – Unique Network, a leading NFT-centric blockchain built on Substrate, is thrilled to announce the launch of its NFTs 2.0 CodeCraft Grant Fund, aimed at developers, designers, and enthusiasts worldwide.
The bumper NFT developer fund invites participants to explore the vast potential of advanced NFTs by creating customizable, utility-driven solutions and pushing the envelope of innovation in the non-fungible token space.
As well as empowering participants to leverage NFT tech in the creation of novel applications utilizing Unique Networkโs advanced economies, the grant offers a whopping prize pot of $250,000.
During the event, participants will gain valuable insights into various types of cutting-edge NFTs supported by Unique Network, including Customizable NFTs, Composable NFTs, Nested NFTs, Dynamic NFTs, Multi-asset NFTs, and Multi-resource NFTs. All of which can be deployed in the creation of dApps and Micro dApps.
โNFTs 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. To deliver NFTs 2.0 to end user communities we have launched this fund with a very specific focus on enhancing NFTs via micro dApps or blockchain features,โ stated Alexander Mitrovich, CEO of Unique Network.
To kick off the NFTs 2.0 CodeCraft Grant, Unique Network has awarded developer grants to two projects, DED GAMES and MusicMoon (formerly LoopNFT).
DED GAMES will utilize the funds to develop its newest projects, implementing Unique Networkโs advanced and customizable NFTs to revolutionize gaming experiences. MusicMoon, meanwhile, leverages blockchain and advanced NFTs to empower artists to retain control over their work and earnings, independently of major record labels. The project was previously the winner of a Polkadot APAC Hackathon and, more recently, selected to be a member of the Polkadot Blockchain Academy.
โWinning the hackathon was a pivotal moment for MusicMoon, leading to a transformative collaboration with Unique Network. Meeting with the team at Unique Network ignited a synergy between our vision for music and the innovative possibilities of NFTs. 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,โ stated Joesp Gracรฉs, Founder of Music Moon.
To encourage continuous innovation and the use of advanced NFTs in creative ways, Unique Network has confirmed it will consistently announce new winners from grant applicants. It also plans to open up interesting challenges within the grant framework to advance the mission of NFTs going forward. Participants must submit their entries online for each pre-selected project and join Uniqueโs Developer Telegram chat to be eligible.
For more information about the NFTs 2.0 CodeCraft Grant and to participate, please visit unique.network.
About Unique Network
Unique Networkย is a scalable blockchain for composable NFTs with advanced economies. A parachain of the Polkadot and Kusama networks, Unique offers a suite of advanced NFT features to enable the next generation of NFT use cases in gaming, art, e-commerce real estate or any other industry.
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Charu Sethi
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