The Polkadot ecological NFT public chain Unique Network announced that it has purchased CryptoPunk#3042 on the Ethereum network, and will introduce the NFT into its Kusama NFT chain Quartz, and fragment CryptoPunk#3042, planning to distribute it to the community.
Unique Network said the move aims to demonstrate that there is an interoperable, sustainable and lower cost NFT solution. Some NFT prices are far beyond the reach of the masses, and fragmented NFTs democratize access to high-value assets for users.
Unique Network completed a $11.3 million financing in October 2021, led by Outlier Ventures, and the funds were used to launch the KusamaNFT chain Quartz.
Previously on June 10, Unique Network purchased Cryptopunk #3042 and planned to fragment it into 100,000 parts.