Unicly Funding Insights

Unicly is a permissionless, community-governed protocol to combine, fractionalize, and trade NFTs. Built by NFT collectors and DeFi enthusiasts, the protocol incentivizes NFT liquidity and provides a seamless trading experience for NFT assets by bringing AMMs and yield farming into the world of NFTs. Unicly will attract and incentivize all stakeholders in the wider blockchain ecosystem to participate in the NFT ecosystem. Just like how projects launch tokens on Uniswap, collectors and/or creators will be able to launch exciting NFT collections through Unicly, and benefit from better price discovery and more accessibility. Traders and casual investors will experience higher liquidity on a familiar AMM model. Meanwhile, yield farmers will be incentivized to earn rewards by providing liquidity.

Unicly will be fully governed by the community. There will be a voting portal on the platform where UNIC token holders will be able to vote for proposals. The protocol will mainly need the UNIC community to vote for new uToken pairs to whitelist.