Frequently Asked Questions

 

What is Univerz Platform Protocol?

Revolutionary set of Smart Contracts technology provides decentralized market participants with the ability to directly engage in personal and business transactions. People can use to create, trade and swap digital collectibles and non-fungible tokens (NFTs) free for use with no subscriptions and service fees.

The univerz platform protocol and univerz interface (dApp) is developed, deployed and maintained by Univerz DAO.

The Univerz Smart Contract is publicly and perpetually available to view on the Ethereum Blockchain.

 

How do I use the Univerz Protocol?

All you need to get started is a Web3 wallet (Metamask, Wallet connect, Coinbase Wallet, Formatic), go ahead to Univerz Interface at Univerz dApp and connect with your web3 wallet. Remember all transactions cost some (gas fees) on Ethereum Network to run the smart contracts. Univerz Protocol don’t collect any transaction fees. To learn more about gas fees on Ethereum Network please visit Gas and Fees on EVM.

No annoying signup process, No extra information needs to be provided.

 

Who controls the protocol?

UNIVERZ is hosted by UNIVERZ DAO as a public good owned and governed by the community. It is Permissionless, no central control, no censorship, all the decisions are made by the community. Users define the direction. To get involved or submit your proposal you can do it so by visiting our Discord.

 

How does Univerz Platform Protocol work?

Univerz is decentralized database web3 enabled protocol, that is P2P (peer to peer) with no middle man e-commerce application or just “decentralized e-commerce” (DEC). Users can create, buy and sell crypto collectibles and NFT’s in decentralized manner, transparently and anonymously. In technical terms, we have deployed set of smart contracts that define the protocol and take out the need of middle man. Unlike traditional e-commerce who are organized in hierarchy and controlled by handful of people.

Univerz acts as a venue to match buyers and sellers. Univerz is not involved in the actual transaction between buyers and sellers and does not transfer legal ownership of items from the sellers to buyers. As a result, Univerz has no control over the items advertised, or the ability of sellers to sell items or the ability of buyers to pay for items.

 

How to open up a store?

To open up a store is free! All you need to get started is a Web3 wallet, no extra information needs to be provided. Connect with your wallet, then sign in. Go ahead and click on your wallet address on the upper right corner and select store, then add your store info and submit changes. Now you have store front and you are ready to create and add listings that you already own in your wallet.

 

How to create a crypto collectible or NFT (minting an NFT)?

In order to create you need connect your wallet and open up a store first. Then navigate and click on create, select your options.