Like many other plushes, the Unicorn Plush can be interacted with by tapping or clicking on its icon whilst it is equipped. Upon interacting with this plush, a 'hugging' animation plays, which makes it seem like the player is hugging this plush. In the inventory, it appears to have a dotted pattern over it in order to distinguish it from the Unicorn pet and to prevent confusion.
No Man's Sky Update - The Loop
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Not to be confused with the pet Unicorn.