Getting Started On BazAR: Atomic Assets On Arweave

January 23rd, 2024

Ever thought about owning an Atomic Asset listed on BazAR but not sure how to start? This guide will show you how to get ready to own your first Atomic Asset on Arweave, including getting your Arweave native wallet setup and funded!

Step 1. Getting an Arweave Native Wallet

To navigate the world of BazAR and trade $U for Atomic Assets, you'll need an Arweave native wallet extension. My personal favorite is ArConnect, a user-friendly extension that not only lets you manage your $U balance efficiently but also lists the balances and values of various Arweave native tokens using RedStone Oracles.

Once your wallet is set up, it's time to add some funds for gas, trading, and file uploads. You can do this by either using a centralized exchange (CEX) or Everpay (Permaswap) with an Ethereum wallet or Arweave native wallet. If you're looking to acquire $AR without a centralized exchange, jump to option #3 in Step 2 for a guide on obtaining $AR.

Step 2. Getting $U Tokens

The $U token is the primary means of buying/selling Atomic Assets on BazAR. To get $U tokens to trade for Atomic Assets, you have three options:

Option #1: Upload Data With SmartWeave Tags: When uploading data, incorporating certain tags will automatically mint $U tokens to your Arweave address. If you've used platforms like ArDrive for data uploads, you might already have some $U tokens in your wallet!

Option #2: Burn(Endow) $AR: Head to https://getu.arweave.dev to burn $AR for $U tokens at a 1:1 ratio. Every 1 $AR burned equals 1 $U token received.

Option #3: Trade for $U(and/or $AR) on EverPay(Permaswap): To get $U(or $AR), you first need to create and fund an account on EverPay. Connect to EverPay with your Ethereum or Arweave native wallet. Once connected, you can fund your account with various tokens available for trade, including ETH, AR, USDC, DAI, and several others. Once you have funded your EverPay account, you can trade for $U(and $AR if needed) to fund your Arweave wallet. Once you have traded for what you need, withdraw the funds from EverPay to your Arweave wallet address.

For more info on $U tokens, visit the $U-Niverse documentation page!

Now you are ready to explore and discover Atomic Assets!

Step 3. Getting on BazAR!🎆

Now for the fun part! Head over to BazAR and start browsing collections! You can use the $U tokens you acquired in the previous steps to browse through and find an Atomic Asset to own, or buy shares of. Owning pieces on BazAR means others can to pay you a fee for a license to use the art you own, while you retain ownership(or a share of ownership)!

Enjoy your journey on BazAR! 🎆

Alpha

Vouched addresses who purchase art each day add to there “Streak”, and get a daily $PIXL airdrop. Find out more info on getting vouched, and the $PIXL Atomic Asset in the BazAR docs!