Unique Network and Livetree take first steps towards a broader vision, recognizing the economic value of content and using digital assets on online social platforms

Unique Network, a leader in Web3 and NFT infrastructure, today announced a partnership with Livetree. Livetree is poised to be a leading social platform offering a public-spirited web3 social network of #Collectives for creators. As technology and community partners, Unique Network will facilitate the minting of your Collective’s membership cryptocurrency, the collective treasury, and the conversion of any of your social posts into collective NFT assets.

Aleksandar Mitrovic, CEO of Unique Network, shared his excitement about the partnership with Livetree: “Unique Network has successfully developed tools that enable the creation of advanced NFT features and it is exciting to see how these tools can now be used within the platforms. “To enhance the end-user experience. Our goal to share the benefits of blockchain technology in a meaningful way aligns with Livetree’s ambition to develop collectives for social good.”

Unique Network’s advanced NFT infrastructure allows developers to create new minting processes into which an original NFT can be split. With this next nesting process, NFTs can serve multiple purposes, including rental, display, delegation, fungibility, and communication. This will present a novel way for platforms like Livetree to offer diverse ownership models.

Livetree is the first decentralized social network to apply the new proposed EIP technical standard, which ensures that creators can earn income regardless of the social network.

Through the partnership with Livetree, creators and users will have access to gas-free minting as Unique Network has sponsored gas tariffs for Livetree users, lowering barriers to entry and improving user experiences to comparable standards. with other web3 applications. The Livetree collaboration is laying the groundwork for a shared vision of a future of expanding digital assets.

For any social network to thrive, the user onboarding process needs to be smooth and seamless. Through the partnership with Livetree, creators and users will have access to gas-free minting as Unique Network has sponsored gas tariffs for Livetree users, lowering barriers to entry and improving user experiences to comparable standards. with other web3 applications.

In addition to advanced features, both Unique Network and Livetree are focused on fostering social good and building a sustainable future. By leveraging the sustainable NFTs provided by the Unique Network, the collectives built on Livetree can ensure that every transaction on the network not only consumes a minimum of energy but also conserves the environment.

Livetree’s social ethos is clear through its initial implementation, namely with Moss, a carbon credits platform that buys and protects land in the Amazon rainforest by offsetting CO2 for the revenue of the entire social network, see the decentralized social network through #LivetreeCollective which represents the entire social network. In its initial deployment, part of the world’s treasure is earmarked for forest conservation and reforestation projects.

“Together, their Livetree #Collective represents the paradigm shift we’ve been waiting for in social media. In these tough economic times, the blockchain industry needs to focus on adding real value. Your Livetree #Collective is here to go beyond speculative trading and earn tangible income based on a proven model expanded, improved and significantly enhanced with web3 capabilities,” says Ashley Turing, founder of LiveTree. “Livetree’s inspired purpose aligns perfectly with Unique Network’s focus on innovation. and sustainability, making this a visionary association. Livetree is one of the first apps within the Polkadot ecosystem that is designed for mass adoption, breaking down barriers to technical and financial access,” says Unique Network CEO Aleksandar Mitrovic.

Do you want to start your own #LivetreeCollective based on a unique blockchain?

About the single network

Unique Network is an infrastructure for the next generation of NFTs. Unique Network, the first NFT chain for Kusama and Polkadot, offers developers independence from the network’s high transaction fees, dense upgrades, and siled NFTs. The Unique Network team has partnered with numerous NFT projects to deepen the integrations needed to expand the use cases and ease of use of NFT.

About Live Tree

Livetree is a network of #Collectives that allows users to control how revenue is earned from their social posts. It is a non-profit social network. With Livetree, the creator is in charge. It allows creators to earn more for their content in a sustainable way. Livetree is a social NFT platform where every user matters. Within the application, users can meet, create collectives, discuss topics of interest, create fan clubs and social spaces.

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