Being a Polkadot parachain allows Unique Network to tap into the interoperability, scalability, and security of the Polkadot Network, so that we can focus on what we do best - enabling composable and advanced features for NFTs.
Parachains are leased to networks like Unique Network for fixed periods, and crowdloans are a means to crowdsource the capital required for the lease. Unique Network is launching a crowdloan to rally support from our community and raise the capital (DOT) required to lease a parachain for the full lease period (LP).
Supporters who pledge DOT to the crowdloan will receive UNQ as rewards. The DOT are bonded or locked into a Polkadot sponsored account for the period of the lease, afterwhich the DOT will be returned to contributors. Contributed DOT are never directly accessible by Unique at any point of the crowdloan or lease period.