Wearable tech.
In the 80s, they were calculator watches.
We've seen them as futuristic eyewear like Facebook Stories and Google Glass,
and they're probably best known as smartwatches, fitness trackers and smart rings.
Did you know that the first smart ring has its history in none other than cryptocurrency?
The NFC Ring was released in 2013.
And you could use it to pay with Bitcoin.
But I digress.
It seems like every school had a teacher
that told everyone they wouldn't carry a calculator around with them in the future.
Huh!
Sorry, Miss Smithyman,
but between smartphones and wearables,
we carry around several.
The next joke is on anyone that says NFTs can't be brought into the real world.
Because now we have Wearables 2.0 with physical NFTs,
the first NFTs from Uniqly that can be redeemed in the physical world.
These are one-of-a-kind, authenticated NFTs that are backed by real-world items
made to order and shipped right to your doorstep.
Wearables just made their way in NFTs.
We're excited for this new development in the metaverse.
In this sponsored video, we dive into Uniqly
and discover how NFTs can be both digital and physical.
Let's get it!
Welcome to BitBoy Crypto!
My name is Ben.
My mission is to empower you to find financial freedom through crypto assets.
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Uniqly is a pioneer of physical NFTs,
NFTs that are backed by real-world items that can be used in the digital and physical world.
Uniqly has an ecosystem of products called Wearables 2.0,
the first cross-chain ecosystem that bridges the physical world,
the metaverse and the augmented reality.
Uniqly NFTs can be redeemed for real-world items delivered to your doorstep
while also being redeemable as metaverse wearables for digital avatars
as well as digital objects in augmented reality, or AR.
Traders can speculate on a digital collectible and sell it unredeemed,
or they can redeem it physically in the metaverse and AR.
Using the Redeem Module,
users can materialize a physical item or mint metaverse wearables.
It's really crazy stuff.
When NFTs are redeemed,
users provide their size and shipping address, and Uniqly takes care of the manufacturing and logistics.
Uniqly is already integrated with Decentraland
and will be soon integrated with our favorite,
Sandbox.
NFTs are already being redeemed on those platforms.
When a collectible is redeemed in either the physical or virtual world,
the token for that corresponding redemption is crossed out,
and redeeming the NFT in that way is no longer available.
Proof of authenticity is an important part of Uniqly's NFT products.
And to ensure authenticity,
they've created a Proof of Authenticity layer for all Uniqly NFTs.
A pair of QR codes and NFC pin is fixed to each product.
Simply by tapping the NFC pin or scanning the QR code,
the user is directed to the website's item page.
Uniqly is a new project that's only been around about a year,
but they built a lot of functionality and brand awareness in a short amount of time.
Uniqly offers a range of products,
and at the heart of which are Stores,
where partners and collaborators can launch NFT collections.
Right now, Uniqly Stores are still under development,
but there are already Stores that feature digital and physical NFTs
from CyberKongz, CryptoStache, Satoshi Stacker, El Chapo and others.
The Redeem Module is the platform's gateway to materializing NFTs
and creating unique physical or digital items for the real or digital world.
Uniqly explains it like this.
Someone buys an NFT in a Uniqly Store.
They can redeem it or sell it to someone else.
When the user wants to redeem the NFT,
they go to the Uniqly website,
which has the option to redeem the NFT in three different ways,
physical, metaverse and AR
using Sandbox and Decentraland.
Users choose how they want to redeem the NFT,
fill in their data, and the redeem process is complete.
In cooperation with top manufacturers,
a new item is produced with the two QR codes and NFC pin
as well as certificate of authenticity.
The Generator allows users to create and design their own custom NFTs
that can be backed by physical merchandise.
Connect with a MetaMask wallet and choose a product you want to create.
Give it a name and a description.
Next, users can add elements like shapes, images and text from the panel,
and layers can be set thanks to the easy drag and drop function.
When it's complete,
click Generate Item and pay in UNIQ tokens.
Once the item has been verified,
it appears on the user's My Items page in the Generated Items tab.
From there, users can mint the NFT in the real or physical world.
Uniqly marketplace is based on the OpenSea infrastructure
and contains the backbone for trading NFTs.
The whole ecosystem is integrated with Polygon for fast, secure and cost-effective transactions.
Uniqly has its own token for payments and to create sustainable growth
called the UNIQ token.
It has a deflationary supply of 13 million.
The presale and seed rounds are over.
And the end of vesting for the token was finalized in September.
15% of the platform's profits are distributed to UNIQ holders,
and 15% of profits are used to buy back and burn UNIQ.
LP staking on Ethereum will be announced soon,
giving users an opportunity to earn APY on staked UNIQ.
The UNIQ token can be bought through Uniswap, QuickSwap and MEXC.
Now, we mentioned the Uniqly platform is on Polygon,
and the UNIQ token uses the Polygon Bridge to reduce gas fees.
To have full use of services and products,
the UNIQ token has to be bridged from the Ethereum blockchain to Polygon.
Just add Polygon network to your wallet.
An easy link to this can be found right on the Uniqly website's
Add Polygon Network button.
With a little MATIC in the wallet to pay fees,
open the Polygon Bridge website and click to deposit and choose UNIQ from the list.
Press Transfer and your tokens are ready to be added to your MetaMask or other wallet.
This is how users can enjoy the Uniqly ecosystem with limited fees.
Uniqly technology is fairly new,
and the concept of Wearables 2.0 is still early.
Uniqly platform aims to be for physical items what OpenSea is for NFTs.
And it has first mover advantage.
They've just started doing drops with influencers, real-world companies,
crypto projects, UFC fighters and eSport organizations.
Some exciting new partnerships for Uniqly include Decentraland,
which hosted a Christmas-themed opening party for Uniqly on December 30
with giveaways, speakers and a live DJ.
At least he was living.
Uniqly NFTs can already be redeemed with Decentraland.
Efinity is working with Uniqly,
allowing the Uniqly interface at higher speeds and faster transactions and trades.
The goal of the partnership is to blur the lines between the physical and digital world.
Enjin will offer technical support in the development of its ecosystem
and allow smoother and more secure transactions.
Enjin has been a mainstay innovator that aims to bridge the gap between digital and physical reality
including fashion, digital art and NFTs,
making this partnership a great fit for Uniqly.
CyberKongz is launching a redeemable NFT Streetwear collection.
Anyone who owns a Genesis, Baby or VX CyberKong can mint two pieces
and redeem them for physical, digital and AR merchandise.
Check out the CyberKongz Uniqly AR T-shirt in Decentraland.
Uniqly won NFT Platform of the Year at the AIBC Summit,
a self-described melting pot for global influencers in technology
with a focus on blockchain and how it can be used in health, government, banking and more.
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are you ready to take NFTs into the physical world?
Check out the Uniqly Genesis Physical Collection on OpenSea,
5,800 randomly generated NFT shirt-shaped jellies.
Each item can be redeemed for its corresponding physical item, metaverse wearable and AR objects.
When you hold a Uniqly NFT,
you have the right to both the digital product and the underlying real-world item.
And here's some good news for the BitBoy community, the BitSquad.
There'll be an NFT collection just for us.
Users can redeem a BitBoy metaverse wearable NFT on Decentraland
and have the corresponding physical items shipped at an additional cost.
Details on this exciting drop will be coming soon.
Wearables 2.0 bringing wearable technology to blockchain,
bridging the gap between digital NFTs and one-of-a-kind physical products.
Uniqly is bridging the gap between the physical world, metaverse and AR.
We can't wait see what's in store and what's next for this innovative project.
That's all I got.
Be blessed.
BitBoy out.