LONDON, Sept. 26, 2022 (GLOBE NEWSWIRE) — Unique Network and OG Protocol are a match made in NFT heaven. Both platforms are dedicated to creating a more dynamic future and infrastructure for NFTs through next generation technology. This partnership solves problems for creators and developers through efficient, interactive and borderless technology.
Created by Snark Art, a digital art lab, OG Protocol enables web3 development teams to turn their NFTs into ever-evolving dynamic elements—NFTs that are more interactive, collaborative, and personal.
OG Protocol achieves this by using blockchain oracles to make NFTs reactive to real and digital data, from events to in-app experiences to the weather.
As a result, NFTs are brought to life, evolving from mere collectibles to assets of practical utility. This opportunity for NFTs aligns with Unique Network’s own goals to expand the potential of NFTs beyond what is currently out there.
Since 2019, Unique Network has been building NFT pallets that offer the most advanced NFT features in the industry such as nesting, refugibility, bundling and scheduling. Adding dynamic NFT capabilities from the OG protocol is an additional firepower working towards the broader vision to power the next generation and encourage the creation of breakthrough NFT use cases.
For example Unique Networks Punks for the people campaign increased the value and community experience of an NFT through the power of fractionation enabled by Unique’s refugible technology.
Using Unique’s advanced capabilities, OG Protocol’s tools and solutions will help Unique’s creator community begin to build dynamic NFTs with utility that cross the boundaries of the digital and the physical.
How will this come to life via the partnership? Here are just a few ways OG Protocol’s technology will benefit our unique network’s advanced NFTs:
- Nested NFTs integrated with real data from OG Protocol’s Oracle network
- Refungible (RFT) tokens integrated with token price data within each fraction
- Packaged NFTs with real data associated with each individual token
“Imagine what’s possible when you integrate useful, real-world data—from markets to events and the environment—into next-generation NFTs with deep financial and technical utility beyond what’s offered now,” said Ilya Zhurin, Product Manager at OG Protocol.
There are endless uses for this innovative technology. Zhurin emphasizes the possibilities for community building, “Dynamic technology is a great way to unlock virtually unlimited community building mechanisms, because dynamic NFTs can evolve based on each individual community member’s contribution to that community.”
Equally exciting is that Unique’s work with OG Protocol will help advance both the Polkadot and Kusama ecosystems. It will allow even more NFT creators to integrate more utility into their NFTs, which is only possible on such a flexible next-generation blockchain.
Unique Network is excited to announce this new partnership with OG Protocol and will share more updates soon. With this stellar team of creative blockchain builders and creators, Unique Network will further position itself as the leading solution for artists and developers looking to leverage their technology to create highly dynamic NFT projects and experiences. These new features are expected to be published by October 2022.
Learn more about the OG protocol.
Media contact: [email protected]
About Unique Network
Unique network is an infrastructure for the next generation of NFTs. The first NFT chain for Kusama and Polkadot, Unique Network offers developers independence from high network transaction fees, tight upgrades and filtered NFTs. The Unique Network team has partnered with a number of NFT projects to deepen the integrations necessary to expand NFT use cases and usability.
About the OG protocol
AND protocol is an experienced team of technologists working to enable web3 teams to create their ever-evolving NFT elements. OG Protocol is a pioneering platform that has experience working with various NFT projects. Work with dynamic NFTs to showcase how NFT technology can help communities achieve growth across a wide range of industries: arts, games, virtual worlds, commerce and enterprise-led innovations. With OG Protocol technology, NFTs are no longer static, but constantly evolving digital elements.
