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OIN
UNC
whitepaper
www.unsea.io
TABLE OF CONTENTS
Introduction
Mission Statement
Non-Fungible Tokens
• Non-Fungible Token Statistics
Decentralized Exchange
• Why Leverage Utility NFT Coin DEX?
Technology
• Blockchain Technology • Binance Smart Chain
Tokenomics
• Token Standards • Token Supply • Token Details & Distribution
To be the all-inclusive
decentralized NFT
marketplace where NFT
creators and enthusiasts
can trade high-value
tokenized assets,
access a play2earn
gaming network, and
become a part of an
expansive social
community of NFT
enthusiasts.
Since more NFTs are created, sold,
and bought regularly, their popularity
is becoming widespread, same as its
use and application s across different
industries.
Non-fungible Tokens
Non-fungible Tokens are encrypted unique digital assets with attributes that can be used to describe their
provenance. They function as tokens representing ownership over a unique digital asset, and each token
contains identifying information recorded in smart contracts. Like cryptocurrencies, they function as
currencies of value and can be used to exchange value across exchanges. However, they differ from
cryptocurrencies in that they cannot be replaced or substituted for one another. Every NFT is considered
to be one-of-a-kind. Hence, while one Ethereum can be replaced for another single Ethereum, one
CryptoPunk NFT cannot be replaced for another NFT. The value of NFTs is determined by both intrinsic and
extrinsic factors. As such, they are considered to be highly speculative digital assets. Asides from
speculative value, the value of an NFT is also dependent on the credibility of the digital artist, the nature of
the art, the story of the artwork, the integrated rarity, and its use cases (optional). Non-fungible tokens are
shared on the blockchain network, which ensures that their history is recorded and visible to everyone.
Since blockchain technology is impossible to alter, editing or removing the data is also impossible. Since
the wide adoption of NFTs, thousands of them have been developed, with some being sold at a very high
rate while others are sold at a low rate. According to Artnet, Pak's 'The Merge' sold for more than $91.8
million in December 2021, making it the biggest NFT artwork sale. However, over 50% of all NFT sales are
below $200, with some being valued at no price.
Non-Fungible
Token Statistics
NFT can be traced way back beyond its 2017 While NFTs are represented in various
outburst on the Ethereum Blockchain. sectors, the art and the gaming sectors
However, reports from 2017 indicate the have experienced high NFT trading volume
geometric progression in its sales – started in the past months. According to
with 100 sales in a week to 15,000 and even Nonfungible, 1,537,899 NFT art sales were
50,000 sales within a week. The subsector made between October 15 and November
recorded another massive increment in its 15, 2021. By Q4 2021, a total of over 11 million
sales between 2019 to 2020, wherein about NFT art sales were made. Even so, there are
80,000 NFTs were sold each week. More thousands of NFT games in circulation, with
projects are being created daily to increase each of the games creating thousands of
the level of transactions on its marketplaces. corresponding NFTs. There may have been
According to Reuters, the market history of more attention on art NFT, but gaming NFTs
Non-Fungible Sales hit almost $25 billion in Q4 still remains one of the most lucrative
2021, thus exceeding its value as of Q1 2021. investments in the marketplace, and this is
as a result of the usability features of the
Since more NFTs are created, sold, and NFTs in games and the corresponding value
bought regularly, their popularity is becoming of each.
widespread, same as its use and application
across different industries. According to
statistics, between the second quarter and
the third quarter of the year 2021, the global
trading volume of NFT had increased to 704%,
with the Ethereum blockchain alone raking in
over $400 million as NFT trading volume. By Q1
2021, reports revealed that1 the $41 billion
value of cryptocurrency had been spent in
different NFT marketplaces, with the possibility
of the value increasing by Q4 2022.
Utility NFT Coin marketplace is an
integrative platform wherein NFT creators
and enthusiasts buy and sell NFTs. The
platform functions as an augmented
marketplace wherein artists of various
niches can tokenize their content and get
excellent economic value!
Utility NFT Coin Marketplace
Utility NFT Coin marketplace is an integrative platform wherein NFT creators, and enthusiasts buy and sell
NFTs. The inclusive marketplace provides artists and content creators opportunities to obtain financial
remuneration for their works. The platform functions as an augmented marketplace wherein artists of
various niches can tokenize their content and get worthy economic value. In essence, a comic artist has the
same rights as every other artist in the marketplace. Every NFT in the marketplace has both intrinsic and
extrinsic value, so the value is not constant. Hence, the platform integrates a bidding feature wherein
enthusiasts can place bids for a listed NFT. Artists can set the bidding period for 7days, 21 days, or a month.
The NFT will be owned by the highest NFT bidder at the end of the bidding cycle.
Asides from the bidding feature, the platform also integrates a fixed price feature wherein artists can set a
fixed price for their NFTs. Accessibility to either of these features is dependent on the NFT content creator.
For every NFT sold in the marketplace, the creative artist retains the copyright to it and has the right to claim
royalties in the future when the digital asset is sold to another person. The Utility NFT Coin marketplace
integrates the NFT royalty system to enable the original creator of an asset to get fees in the event of a new
sale. Hence, after the first token sale, the creator will earn 10% from every future sale. As such, creators are
able to establish life-long passive income streams for their creation.
Asides from direct purchase from creators in the marketplace, NFT holders who purchased NFTs from
creators can list the token on the marketplace and sell it at a higher price to another buyer. However, unlike
the creator-buyer relationship wherein creators earn royalties, the 'buyer-buyer' trade process does not
integrate a royalty system. In essence, sellers only have the basic rights to possession, to sell, or to gift the
item, and immediately the tokens are sold, the collector loses all these rights.
Activities in the Utility NFT Coin marketplace are controlled by smart contracts. The smart contracts
execute transactions initiated and ensure that details of ownership for every sale and purchase are
updated on the blockchain. Trade points in the marketplace are unique and authentic, and every
transaction is securely executed.
Features of the Utility
NFT Coin Marketplace
The Utility NFT Coin marketplace integrates features that enable
users to make seamless transactions on the platform.
NFT Create: The Utility NFT Coin marketplace is accessible to
every creator. Hence, the NFTCreate feature was integrated to
provide digital artists with an easy way to create NFTs. The
marketplace erases the complexity attached to creating and
listing NFTs, NFT collections, and contract on previously existing
marketplaces by integrating the NFTCreate feature. To leverage
this feature, creators will be required to pay a minting fee in the
Utility NFT Coin platform.
Click on the 'place an offer' option or 'purchase the NFT for the
listed offer' option – If you place an offer, the creator may
decide to accept, decline or counter. If you purchase directly,
the transaction will be set for execution
To Purchase an NFT
Confirm the transaction for immediate execution Get
notification of the new purchase
NFT Swap
The Utility NFT Coin marketplace integrates a Play-2-Earn feature
wherein users play any of the games integrated into the platform
in order to earn rewards. The game includes several metrics that
ensure that only the most-skilled and tactical player wins the
game. While skills can be boosted through practice, some of the
tactics required in each of the games require certain NFT
in-game assets. These in-game assets do not only augment the
gaming process, but also determine the player's end result.
Sometimes, gamers can earn in-game assets, and other times,
they might not get the right one required to win. Hence, the
marketplace integrates the NFTSwap, wherein users can swap
NFTs to augment their play2earn gaming process. The Swap
feature integrates peer-to-peer trading that enables two users
in the platform to swap their tokens without transaction fees.
Hence, rather than play more levels for hours in order to get a rare in-game item to complete the game, the
gamer can either buy the rare item or trade for it in the open market with another player. The gamer can
trade their digital items with uniquely identifiable values in exchange for the item they need from the seller.
The NFTSwap makes the gaming world more accessible by providing possibilities for accessing services
that are otherwise unavailable. While various factors, including speculations, determine the economic
worth of an NFT, the seller will be able to determine if the NFTs the buyer is willing to swap are worth the rare
item. NFTSwap makes transactions easy by enabling gamers to make transactions without the need to pay
transaction fees.
Much more, the NFTSwap gives gamers the sovereign right to their in-game assets, thus enabling them to
operate as they wish. Gamers have the sovereign right to sell their in-game assets for immediate economic
value, swap them in a trade, or gift it to another user. Unlike the restrictive features of traditional gaming
platforms, the play2earn gaming integrated into the Utility NFT Coin marketplace allows the use of the swap
feature to enable gamers to control their assets, win games, broaden the gaming ecosystem and make
long-term passive income.
NFT Staking
The NFTStaking feature is integrated into the marketplace to give users more earnings. This feature enables
token holders to stake an NFT to receive the UNC tokens. Hence, similar to the traditional staking system,
token holders lock their assets in the platform in order to receive rewards based on the annual percentage
yield APY and the number of NFTs staked. All through the staking period, the user cannot sell their NFTs.
Tokens earned as rewards in the platform can be used to purchase in-game items or pieces of art.
7 Days TBD
30 Days TBD
90 Days TBD
The innovative usability measure of non-fungible
tokens spans across various industries, with
each measure providing a high level of benefits
to holders. The most notable influence of NFTs is
in the gaming industry, with particular emphasis
on the Play-2-Earn model.
Non-Fungible Tokens in The Gaming Industry
The gaming industry has become a top industry due to the influence of non-fungible tokens. Prior
to NFTs, games were only played by deep lovers with no rewards earned. However, blockchain
introduces a play2earn approach wherein players can get rewards for games played in a gaming
network. Non-fungible tokens change the gaming system by making NFTs function as rewards for
winners in a gaming platform. As such, NFT enthusiasts interested in NFTs but cannot afford one can
play games to own NFTs freely. Amongst others, these NFTs represent in-game assets (accessories,
car parts, weapons, and avatars), gaming characters, and winning rewards. Players can own them or
leverage them to build passive wealth while also getting thrilled by playing the game. Non-fungible
tokens take the possibility to buy and sell gaming tokens are affordable cost while also bringing in
the ever0growing gamers community towards an NFT marketplace.
U TILITY
N FT
OIN
Play2Earn Model – NFT Gaming
The traditional gaming industry is one of the fastest-growing entertainment industry sectors. The
constant demand for games has increased the market valuation of the industry over the years.
Traditional gaming platforms are centralized and controlled by developers. Not only do these
developers solely develop rules for gamers, but they also compel gamers to upgrade to the latest
versions with fiat currencies
Utility NFT Coin Gaming Platform
The Utility NFT Coin gaming is an interactive car racing blockchain game wherein gamers compete
to earn rewards. Players have total control of their cars and can earn in-game assets by achieving
milestones in the game.
Drifting Mode: The drifting mode is another mode integrated into the race, which requires gamers to use
throttles, brakes, clutch, steering input, and gear shifting in order to keep the car in a condition of
oversteer. These drifters apply throttle and brakes to shift the car's weight balance through each turn. With
the drifting mode, gamers can control their cars at their limit without losing balance. Due to its ability to
initiate an adrenaline rush, the drifting mode in the racing game makes the game more interesting and
exciting for the gamer. Asides from the thrill involved, the platform will also reward the highest drifter with
the UNC native token.
Multi-Player Mode: The multi-player mode involves two players who would compete to win the race. Unlike
the single-player mode, players playing this mode have to put in X BNB each to participate in the game. In
essence, participating isn't free. This mode requires a high level of skills and tactics from both players.
Players can leverage earned in-game assets to augment their performance or buy from collectors in the
marketplace. At the end of the race circle, the winner earns X BNB while the platform charges 25% of the
total number of BNB for the development of the game.
Multiple games will be launched in the marketplace in order to make the UNC token
the utility token for each game.
Different racing games will be integrated into the gaming platform, with each game having its own peculiar
feature. Gamers can play any of the games and win sustainable rewards.
• Each car has different traits that are randomly distributed – A trait is earned after completing a milestone
• A trait can increase an NFT car stats percentage – the increase will be dependent on the trait's rarity. Some
traits earned can increase up to two stats.
• Trait's bonus given to a gamer will increase every 10 levels (milestone completion)
• Every car has a power rate that is visible to all. Each car's power is determined by stats and traits. The higher
the power of the car, the bigger the chances of winning. Each race game has hidden bonuses that are earned
depending on the race track and weather condition.
• Each car has different rarities; common, uncommon, rare, epic, legendary, and mythic. Rarity affects the car's
beginning stat, level limit, and drop rate.
• Each car has different performance rates - No doubt, the stats and traits contribute to the performance of the
car. However, performance is also influenced by the shape of the race track. Also, being able to handle stats
like durability and handling when the car is turning, or acceleration and speed when the car is speeding will
contribute to the car's performance.
UNC ecosystem also have a qr crypto
payment gateway for sellers offering
instant settlement
The Utility Coin NFT marketplace is the first
decentralized NFT marketplace to integrate a
social community wherein NFT enthusiasts,
collectors, creators and investors can share their
ideas and community about non-fungible
tokens.
Features of the Social Community
NewsFeed: Every artist in the community will have the right to upload their collections in the newsfeed, and
other members will be able to view the collections
Social Space: The social space is a discussion group where community members can join to discuss
corresponding trends
Notifications: This feature is integrated to provide members with updates regarding the platform or
instructions regarding the term of use. Users following certain artists will also receive notifications when the
artist adds to their collections
Like and Comment: Community members will be able to like and comment on interesting art collections. This
social validation by members will be used to determine good artworks.
Community Rewards
Aside from the publicity creators get by adding their collections to their accounts on the social media
platform, creators also receive rewards. Social validation is key to the sustainability of the community. As such,
creators with incredible works who receive a high amount of likes and comments from community members will
get their collections minted for free. However, the platform will earn 2.5% on each sale of the collections. As
such, creators do not need to source funds before minting their tokens in the marketplace. By receiving social
validation, they can get their collections listed for free.
The Utility NFT Coin social community integrates some restrictive measures to erase the possibility of (likes and
comments) manipulation and give every artist an equal right to access these benefits. Much more, these
restrictive measures are integrated to ensure that the social validation metric is real and transparent.
The Utility NFT Coin (UNC) is the underlying native coin that
powers all transactions in the Unsea.io NFT marketplace. In
essence, access to the majority of the services provided by
the ecosystem will only be given through token ownership.
The UNC token will also function as the rewards token in the
platform.
Token Details & Distribution
TOTAL SUPPLY
WL PRIVATE SALE
2 billion SOFT CAP HARD CAP
1.33 million/BNB 800 BNBs 1500 BNBs
PRESALE
4.4 billion SOFT CAP HARD CAP
1.257 million/BNB 1500 BNBs 3500 BNBs
The private sale and presale will be held on the Pinksale protocol. To get on the whitelist, investors must mint
up to 2NFTs in the race game DRFTs platform on the unsea.io marketplace
The development token will be divided between the team and will be locked for 2 years.
On Buy & On Sell
Prior to fully deploy ing the decentralized exchange in the marketplace, UNC aims to partner withPancakeswap
and Bitmart for launching. Hence, a part of the amount set aside for liquidity will be used in these exchanges
for easy trading,
Anti-whale and
Anti-dump Policy
Q1 2022
Whitepaper Creation Smart Contract for UNC Website Launch – V1 Launch Social Media Setup
Marketplace Prototyping DRFT Minting (3D Cars) DRFT V1 Premier FT Staking NFT Staking
Audit with Certik Comprehensive Audit with Soken
Q2 2022
Website Upgrade Reveal NFT 3d Cars Marketplace V1 Launch DRFT V1 Launch DRFT – Parts Minting
Hire Community Growth Influencers Collaborate with Major Platforms/Communities Bitmart Listing
Uplive Space Giveaways and Marketing DRFT Parts NFT Launch
Q3 2022
DRFT Mobile version (IOS – Android) Marketplace V2 Launch DEX V2 Launch
Community DAO for Charity Community DAO for New Holders Rewards
DRFT Integrated Parts NFT DRFT V2 Launch Integrate Car Rentals
Q4 2022
Introduce DRFT Metaverse Introduce Fuel Stations/EV Charging
Team
PAINTED_KRYPTO MICK
Game Architect/Lead Financial Advisor
DA GLOVE
Marketing Manager
Conclusion
Utility NFT Coin is the first decentralized NFT marketplace to integrate an all-inclusive dynamic metric that
enables every NFT enthusiast to get more value for their interest in NFTs. The opensource, decentralized
marketplace integrates features that augment user experiences while also functioning as a measure for
sustainable passive income. Unlike existing platforms wherein enthusiasts and creators only buy and sell,
Utility NFT Coin Ecosystem functions as a community of NFT lovers. Beyond buying and selling, everyone
gets to discuss with like minds while also giving more exposure to creative NFT creators. Utility NFT Coin
revolutionizes the NFT industry by integrating features that promote expansion.
KYC
CERTIFICATE
ANTI-FRAUD
CERTIFICATE