Subscribe to wiki

Share wiki

UQUID

Wiki Powered byIconIQ
UQUID

UQUID

UQUID is a shopping platform that provides over 169 million products, supporting 100+ tokens and various payment options across more than 200 countries, including a "Payin3" feature.[1][2]

Overview

UQUID, founded by Tran Hung on May 19, 2016, aims to develop a shopping infrastructure by merging with e-commerce to support direct transactions via . The platform accommodates both physical and digital products, offering compatibility with over 100 .

Uquid offers e-commerce infrastructure through its Physical and Digital Shops, blending traditional and digital commerce, and currently serves an extensive user base of over 50 million. The platform provides access to a large selection of physical and digital products from more than a million brands across 200 countries. UQUID processes a high volume of monthly orders and continues to explore other opportunities to adjust to consumer needs.[1][2][3][4]
1500x500-34.jpeg

History

UQUID started in 2016 with a digital shopping platform using its UQC coin. Despite challenges such as the 2017 Bitcoin crash, it expanded by partnering with gaming, software, and mobile top-up companies. By 2017, it supported global mobile recharge with 99 cryptocurrencies and added 100,000 products by 2018.

In 2019, UQUID transitioned to , incorporating payments and launching the NFTD marketplace. By 2020, it supported shopping payments and partnered with Binance, Gate.io, and others in 2021. By 2024, UQUID had listed 160 million physical and 200,000 digital products, aiming to be a key player in e-commerce.[5]

Ecosystem

UQUID shop

The UQUID Shop serves as a e-commerce platform that integrates technology to enhance digital shopping experiences. It supports various payment methods, including , and features mechanisms such as Shop-to-Earn and Buy Now Pay Later (Payin3). The platform facilitates the purchase of physical and digital goods, including , while allowing users to connect their wallets directly for transactions.

UQUID aims to enable real-world businesses to merge with the digital universe in by establishing a bridge between and E

NFTD

NFTD serves as a digital marketplace for (NFTs), aiming to facilitate the buying and selling of various digital products. Each seller and product is assigned a unique token ID to confirm ownership upon transaction completion. The UQUID Marketplace accommodates diverse digital assets, such as videos, poetry, novels, paintings, software, games, subscriptions, and gift cards.[3][5][7]

UQUID Mini Apps

UQUID offers mini apps on platforms such as , Gate.io, Ledger, and Crypto.com, which account for 90% of the traffic to the UQUID Shop. It aims to enhance user engagement by being the first merchant to introduce three mini apps on Binance and nine on Gate.io, as well as collaborating with Gate and .[3]

Projects

EARTH Punk

UQUID's EARTH Punk initiative aims to promote environmental awareness through the sale of on the network. Scheduled for March to coincide with Earth Hour, the project features 35 unique centered on rare animals and conservation, minted on the eco-friendly blockchain.

The proceeds are intended to support environmental NGOs, demonstrating the potential for technology to contribute positively to environmental causes. The will initially be sold on OpenSea, followed by a sale on the NFTD marketplace, reflecting UQUID's focus on sustainability.[13]

See something wrong?

Average Rating

Based on over 2 ratings

How was your experience?

Give this wiki a quick rating to let us know!

Edited By

Profile picture of Anonymous userTara

Edited On

November 8, 2024

Loading...

REFERENCES

[1]

Uquid Linkedin

Oct 21, 2024

[2]

cbinsights - Uquid

Oct 21, 2024

[3]

Uquid website - About us

Oct 21, 2024

[4]

crunchbase - Uquid

Oct 21, 2024

[5]

Uquid Whitepaper

Oct 21, 2024

[6]

Uquidcoin homepage

Oct 21, 2024

[7]

NFTD website - FAQ

Oct 21, 2024

[8]

Defito website

Oct 21, 2024

[9]

UQUID shop Physical

Oct 21, 2024

[10]

UQUID shop digital

Oct 21, 2024

[11]

blog - UQUID DApp

Oct 21, 2024

[12]

blog - EARTH Punk

Oct 21, 2024