Added UnVault to the list of potential valuable partnerships after today’s X Space with them. AI Transcript of the X Space below. We start talking about the Sandbox at 42 minutes in
A couple highlights from memory
- UnVault creates duplicate collections on multiple chains (Ethereum, Polygon, Solana, ApeChain) that mirror the metadata from the original chain. One NFT token exists in multiple chains but can only be used on one at a time.
- Users go to the UnVault website and “unlock” their NFT on the chain of their choice. All other chains are then “locked” to the NFT, making sure that the NFT can be used only on one chain at a time. This is an easier and more efficient way than bridging across chains (no burning is done).
- Users pay the transaction fee.
- UnVault pairs with a program called Divit, which can calculate and airdrop rewards based on customizable criteria (like trading, buying, selling that that NFT on a chain)
Use case:
- Through UnVault: Sandbox LAND can exist on Polygon, Ethereum, Solana, and SandChain. Users can freely lock and unlock their LAND or Assets across chains WITHOUT needing to bridge.
- Through Divit: We can choose to give rewards to SandFam who vote with their LAND. We could give extra rewards for SandFam who vote with their LAND on SandChain.