2,000,000 USD $UNIQ Buyback & What It Means for the Future of Uniqly?
Sometimes, the best decision is realizing that a product is strong enough without a token. After evaluating our business, we came to a clear conclusion: our company thrives without a token. Instead of forcing artificial use cases or chasing short-term trends, we decided to do what’s best for our community — execute a $2,000,000 buyback of $UNIQ tokens at price of $0.3014 and retire the token for good.
This marks the final chapter for $UNIQ, but for Uniqly, it’s the beginning of a new era in traditional capital markets. Our focus remains on Phygitals, and we continue building strong, sustainable products.
The Story Behind the $UNIQ Migration
In early December 2023, we conducted a DAO vote regarding the future of our token. An overwhelming 97% of the community voted in favor of creating a new token and launching it during the next bull run.
You can check the details of the vote here: Snapshot Proposal.
Migration Summary
The migration was initially planned to last only one month. During the first month, ~2,680,000 $UNIQ tokens were migrated on-chain. Following community requests, we extended the migration period and introduced an off-chain swap, leading to an additional~ 3,960,000 $UNIQ being migrated over the next 12 months.
Approximately 6,640,000 $UNIQ tokens were migrated in total. After excluding the deployer wallet, team wallets, and LP wallets on Ethereum and Polygon, the final migration rate is around 85%.
How to Claim Your Buyback
You can claim your buyback at: https://buyback.uniqly.io/
- The claim window is open for one year.
- For the first 2 months, claims will be processed automatically via a smart contract.
- For the following 10 months, claims will be handled manually.
If you haven’t migrated your tokens yet, this is your final month to contact us via email — migration@uniqly.io. We will try to allocate an additional budget for non-migrated tokens.
$UNIQ Token Recap
- Funds Raised: $1,980,000 (four years ago)
- Presale Prices: $0.14, $0.18, $0.19, $0.23, $0.27
- Migration Portal: Open for 13 months (Dec 16, 2023 — Jan 31, 2025)
- Originally planned for only 1 month, but extended multiple times
- Price during the DAO voting and liquidity removal: $0.05
- Final Buyback Price: $0.3014
- Total Buyback Value: $2,000,000
The Road Ahead: A New Era for Uniqly
We would like to sincerely thank our incredible community for the support we’ve received. Your loyalty, engagement, and dedication have been essential in making the decision to retire the token and shift to a more sustainable approach.
While the $UNIQ token is coming to an end, our work on Phygitals continues, and Uniqly remains committed to innovation.
We are excited about what the future holds, and we encourage you to stay connected with us. Keep an eye on our socials. We have some exciting surprises in the works for those who own Phygitals under the Uniqly brand, including the promised airdrop for holders of our items! Plus, one of the surprises will be a special event in Warsaw this March for the entire Uniqly community!