Quartz is Live.

Quartz Logo
Quartz Logo Quartz Logo

Quartz

Quartz gives you easy access to test extreme innovation in NFTs and build for the next generation. Built on Substrate, Quartz gives you the most versatile options for discovery and democratization of the NFT ecosystem and marketplaces (with very low barriers for entry).

Advanced features like Flexible Economic Models, Scheduled Transactions, Re-fungiblity, and Nested NFTs will all be available via Quartz, allowing users to own UX/UI for your fans and customers.

Learn more about Quartz

Check Your Quartz Rewards!

Distribution of QTZ Rewards Explained

Head to the blog link above to learn more about the Quartz rewards process, how to check and understand your balance, and how to unlock vested QTZ. You will also find information on how to convert your Kusama address into a Quartz address to access rewards.

If you participated in our Quartz crowdloan, you are entitled to (and have likely already received) rewards. On 16th December, 2021, we started delivering QTZ rewards to nearly 9,000 wallets.

Quartz Crowdloan participation reward chart

Reward Calculator

Use this calculator to view an estimated number of QTZ tokens you will receive for KSM you plan to bond. (Pls note that this calculation depends on how much KSM was raised before your contribution).

Quartz won the parachain slot auction on the 14th November with support from over 9000 network stakeholders. A total of 3% of the total QTZ supply was distributed to the Quartz crowdloan contributors. The remaining 5% ( of the total 8% initially allocated) has been locked into the treasury for 7 years. This has been done with best interest of our community in mind and to make sure we can drive meaningful community growth in the long term.

FAQ

What is a crowdloan?

A crowdloan is a way for new projects on Polkadot and Kusama to get the support they need to connect to the Kusama or Polkadot network as a parachain.

Crowdloan contributions (KSM tokens for Kusama project crowdloans and DOT tokens for Polkadot project crowdloans) are bonded or locked into either a Kusama or Polkadot sponsored account for a designated period of time (a “lock period”).

While bonded, the contributed KSM tokens can be used to cover the cost of parachain lease (the amount needed to secure a parachain slot on the Kusama networks), but are never directly accessible by the project parachain. If the project is unable to win an auction, the funds are returned to their owner and unlocked.

What is the difference between Unique and Quartz

While both Unique and Quartz were built on Substrate, a modular platform for building blockchain, they differ in that Quartz is specifically built for the Kusama community. While Kusama utilizes nearly all of the same code as Polkadot, it’s built more specifically for experimental projects that are looking to test and perfect scalability and interoperability. Quartz is the ideal place to jumpstart your plans for building your own NFT ecosystem/marketplace.

Where should I go to participate in the crowdloan?
  1. Through the UNique Network Website - Click here

    This is the easiest way to participate - Just link your Polkadot.js wallet, type in the amount of KSM you want to contribute and click “Participate”

  2. Through Polkadot.js APS UI: just click on “Contribute” button in Quartz row

  3. Bifrost SALP: Please follow this link: https://t.co/Zm8R4i9tra?amp=1. To know how to participate via Bifrost you can watch this video: https://www.youtube.com/watch?v=DBqALotXy0s

  4. Fearless Wallet: You can download the Fearless Wallet via Apple or Google Store, add KSM to your wallet, chose Kusama Network and contribute to Quartz Crowdloan via the Crowdloan page

I don't have KSM but I want to participate. What are the steps?

You will need to buy KSM from an exchange and transfer it to your polkadot.js wallet before you can participate in the crowdloan. In case you already have KSM bonded or staked, you will first need to unbond and allow a cooling period of 7 days before you can participate in Quartz crowdloan.

What is KSM unbonding? How can I unbond my KSM?

Unbonding or unlocking refers to the event when you'd like to stake your KSM to a crowdloan project, but it is currently staked in another protocol or project. In order to unbond your KSM, you may follow these steps: https://guide.kusama.network/docs/maintain-guides-how-to-unbond/

What is the reward for participating in the crowdloan?

The base reward is 237 QTZ per 1 KSM. However, early participants will get significantly higher rewards. The first KSM contributed gets a total of 750 QTZ. Subsequent rewards are shown on reward graph above.

When I will be able to see and use my QTZ?

You will get your QTZ right after the TGE (Token Generating Event). A rough estimate for TGE is early December, but it also depends on Parity's and Kusama's plan changes.

Untill the TGE your total contribution and reward will be visible at the crowdloan page. At the moment of TGE all the QTZ will be locked. Since then you will see your tokens at Polkadot apps UI - Quartz network, including:

  • locked amount;
  • vested (unlocked) amount.

Your QTZ will be linearly vested in every block within 10 month.

What is the crowdloan date?

Crowdloan is live now and will go on till we win the slot.

What happens if Quartz doesn't win a slot?

If hell freezes over and we won't win an auction - your KSM will be returned to you on November 27th.

MIN and MAX amount KSM I can contribute?

Minimum amount is 0.1 KSM;

Maximum amount is limited to 220 000 KSM

Minimum KSM needed to pay transaction fees?

You need to have extra 0.001 KSM in your wallet to pay for the transaction fee and keep the account alive. This is a requirement by the Kusama network. To illustrate with an example: if you plan to contribute 100 KSM, then you need to have an available balance of 100.001 KSM.

How can I get a Chelobrick?

If you are amongst the first 100 participants to stake 10 KSM or more - a chelobrick will find their way to your wallet!

Have fun checking them out here - https://unqnft.io/#/market.

When will the winners of the Chelobricks be announced and where?

We will announce in our Telegram and Discord as soon as we get information about the first 100 participants.

When will the winner get a Chelobrick?

We will distribute 100 Chelobricks within a week after the announcement of the winners.

If you found your wallet in the announced list - nothing else needs to be done, just stay tuned!

Subscribe to Unique News

Get the news first!

By clicking on the "Subscribe" button, you consent to the processing of personal data and agree to the privacy policy