1/ $RMRK provides next-generation NFT LEGO technology bringing NFTs to life!
$KSM native NFTs powered by the most advanced NFT protocol in the world, providing unique futuristic features to NFTs
🔥 Rating: 84% 🔥
@RmrkApp @bitfalls @kusamanetwork
rmrk.app
$KSM native NFTs powered by the most advanced NFT protocol in the world, providing unique futuristic features to NFTs
🔥 Rating: 84% 🔥
@RmrkApp @bitfalls @kusamanetwork
rmrk.app
2/ Thread Menu
✅ Project Data
✅ What Is $RMRK
✅ What Is RMRK Solving
✅ Value Prop
✅ Under The Hood
✅ RMRK & Statemine
✅ Singular
✅ Kanaria
✅ Fundraiser
✅ Nested NFTs
✅ Forward Compatibility
✅ On-Chain Emotions
#singular #nftart #NFTcollection #Kanaria
✅ Project Data
✅ What Is $RMRK
✅ What Is RMRK Solving
✅ Value Prop
✅ Under The Hood
✅ RMRK & Statemine
✅ Singular
✅ Kanaria
✅ Fundraiser
✅ Nested NFTs
✅ Forward Compatibility
✅ On-Chain Emotions
#singular #nftart #NFTcollection #Kanaria
3/ Thread Menu
✅ Multi-Resource NFTs
✅ Conditional Rendering
✅ NFTs as DAOs
✅ Metaverse
✅ Token Utility / Rewards
✅ Tokenomics
✅ Roadmap
✅ Partnerships
✅ Investors
✅ Verdict
✅ Multi-Resource NFTs
✅ Conditional Rendering
✅ NFTs as DAOs
✅ Metaverse
✅ Token Utility / Rewards
✅ Tokenomics
✅ Roadmap
✅ Partnerships
✅ Investors
✅ Verdict
4/ $RMRK Project Data
➤ Ticker: RMRK
➤ Category: NFT Protocol
➤ Infrastructure: KSM
➤ MC: 85m
➤ Price/Coin: $9
➤ Max Supply: 10m
➤ Liq. Ratio: 5.7%
➤ Ticker: RMRK
➤ Category: NFT Protocol
➤ Infrastructure: KSM
➤ MC: 85m
➤ Price/Coin: $9
➤ Max Supply: 10m
➤ Liq. Ratio: 5.7%
5/ What Is $RMRK
Think of RMRK as several "NFT LEGOS" that you can assemble, forming an ultimate NFT that can evolve & react to its surrounding ecosystem
There are several powerful NFT features that RMRK offers & we will go through them all
$KSM
Think of RMRK as several "NFT LEGOS" that you can assemble, forming an ultimate NFT that can evolve & react to its surrounding ecosystem
There are several powerful NFT features that RMRK offers & we will go through them all
$KSM
6/ What Is RMRK Solving
➤ NFT Marketplace Commissions inflicted on users
➤ Interacting with NFTs is very expensive
➤ Ethereum's programmability and versatility is not capable of running unique functionality like RMRK's
➤ NFT Marketplace Commissions inflicted on users
➤ Interacting with NFTs is very expensive
➤ Ethereum's programmability and versatility is not capable of running unique functionality like RMRK's
7/ Value Proposition
➤ Unique NFT art lego tech that is not available anywhere else
➤ Adds long-lasting ever-evolving value to NFTs
➤ Cross-chain interoperability through $KSM
➤ Cross-chain NFT liquidity
$RMRK $DOT $MOVR #singular #nftart #Kanaria
➤ Unique NFT art lego tech that is not available anywhere else
➤ Adds long-lasting ever-evolving value to NFTs
➤ Cross-chain interoperability through $KSM
➤ Cross-chain NFT liquidity
$RMRK $DOT $MOVR #singular #nftart #Kanaria
8/ RMRK Under The Hood (1)
First let's look at Kusama. By design, #Kusama does not allow logic to be written on it because little information or data is stored on the relay chain
If there is no logic, there is no #NFTs
First let's look at Kusama. By design, #Kusama does not allow logic to be written on it because little information or data is stored on the relay chain
If there is no logic, there is no #NFTs
9/ $RMRK Under The Hood (2)
$RMRK adds logic to the blockchain without on-chain logic. So how is this achieved?
Substrate-based chains have a function called "remark" (where the name $RMRK comes from)
More ⬇️
$RMRK adds logic to the blockchain without on-chain logic. So how is this achieved?
Substrate-based chains have a function called "remark" (where the name $RMRK comes from)
More ⬇️
10/ $RMRK Under The Hood (3)
When arbitrary messages (NFTs) are sent to the chain, these messages are "remarked" onto the chain blocks without changing the state or the chain's values
This is known as "graffiti" on #Kusama's chain–blocks
More ⬇️
$DOT $KSM #Kanaria #Singular
When arbitrary messages (NFTs) are sent to the chain, these messages are "remarked" onto the chain blocks without changing the state or the chain's values
This is known as "graffiti" on #Kusama's chain–blocks
More ⬇️
$DOT $KSM #Kanaria #Singular
11/ $RMRK Under The Hood (4)
This allows $RMRK to write tools that know how to interpret this graffiti
The end result is #NFTs and other programmable features on a logic-less blockchain. This, in turn, allows every project on #Kusama the opportunity to interact with $RMRK!
This allows $RMRK to write tools that know how to interpret this graffiti
The end result is #NFTs and other programmable features on a logic-less blockchain. This, in turn, allows every project on #Kusama the opportunity to interact with $RMRK!
12/ $RMRK Under The Hood (5)
Note that $RMRK is currently working on a complete rewrite of $RMRK logic using smart contracts
This is included in EVM chains like $MOVR and also #substrate pallets which will give access to every parachain running on $KSM 🔥
#singular #nftart
Note that $RMRK is currently working on a complete rewrite of $RMRK logic using smart contracts
This is included in EVM chains like $MOVR and also #substrate pallets which will give access to every parachain running on $KSM 🔥
#singular #nftart
13/ $RMRK & Statemine
Statemine (Statemint on $DOT) is a permissionless Common-Good-Parachain - Find out more - bit.ly/3062t4B
RMRK uses Statemine for its features, such as creating & managing assets (mint/buy/sell/transfer/NFTs) - available through the Singular DAPP
Statemine (Statemint on $DOT) is a permissionless Common-Good-Parachain - Find out more - bit.ly/3062t4B
RMRK uses Statemine for its features, such as creating & managing assets (mint/buy/sell/transfer/NFTs) - available through the Singular DAPP
14/ How Can We Interact With RMRK?
Currently, there are two places where users can interact with $RMRK's technology, #Kanaria and #Singular
Both these are 100% owned & created by $RMRK
You can connect to both app's by using the polkadot.js.org/extension
Currently, there are two places where users can interact with $RMRK's technology, #Kanaria and #Singular
Both these are 100% owned & created by $RMRK
You can connect to both app's by using the polkadot.js.org/extension
15/ $RMRK Singular
#Singular is $RMRK's open #NFT marketplace for official minting & trading UI for #Kusama-native NFTs
Note, Singular does not yet showcase the true functionality that $RMRK offers (RMRK 2.0), but this is planned for the near future
singular.rmrk.app
#Singular is $RMRK's open #NFT marketplace for official minting & trading UI for #Kusama-native NFTs
Note, Singular does not yet showcase the true functionality that $RMRK offers (RMRK 2.0), but this is planned for the near future
singular.rmrk.app
16/ $RMRK Kanaria
Hosted on #Kusama, Kanaria is the world's first NFT Launchpad framework using the $RMRK standard
The Kanaria app is the native home of the KANARIA BIRDS, which shows the true capabilities of $RMRK's technology
#NestedNFTs #NFT #singular #nftart #NFTcollection
Hosted on #Kusama, Kanaria is the world's first NFT Launchpad framework using the $RMRK standard
The Kanaria app is the native home of the KANARIA BIRDS, which shows the true capabilities of $RMRK's technology
#NestedNFTs #NFT #singular #nftart #NFTcollection
17/ $RMRK Kanaria Fundraiser
Before we dive into the features on Kanaria, it is important to know about the initial Fundraiser for the RMRK association
The Fundraiser consisted of 9999 unique NFT eggs that hatched into unique & rare Kanaria birds with special UPGRADEABLE TRAITS
Before we dive into the features on Kanaria, it is important to know about the initial Fundraiser for the RMRK association
The Fundraiser consisted of 9999 unique NFT eggs that hatched into unique & rare Kanaria birds with special UPGRADEABLE TRAITS
18/ $RMRK #Kanaria Fundraiser
Only 8861 eggs out of 9999 eggs were claimed
Egg claimers qualified for the Fairdrop, in which a quantity of $RMRK tokens was airdropped to the egg holder
$RMRK token quantity you received depended on which classification of egg you bought
Only 8861 eggs out of 9999 eggs were claimed
Egg claimers qualified for the Fairdrop, in which a quantity of $RMRK tokens was airdropped to the egg holder
$RMRK token quantity you received depended on which classification of egg you bought
19/ $RMRK Kanaria Fundraiser
Super Founder: 32362 – RMRK tokens
Founder: 21574 – RMRK tokens
Rare: 4314 – RMRK tokens
Limited Edition: 431 – RMRK tokens
$DOT $KSM $MOVR #Kanaria #Singular
Super Founder: 32362 – RMRK tokens
Founder: 21574 – RMRK tokens
Rare: 4314 – RMRK tokens
Limited Edition: 431 – RMRK tokens
$DOT $KSM $MOVR #Kanaria #Singular
20/ $RMRK Kanaria APP
➤ View the entire #Kanaria Bird collection & filter through the various classifications (mentioned above)
➤ Make use of $RMRK's incredible features offered by $RMRK on the #Kanaria app
➤ Great UI/UX, user-friendly
Features ⬇️
kanaria.rmrk.app
➤ View the entire #Kanaria Bird collection & filter through the various classifications (mentioned above)
➤ Make use of $RMRK's incredible features offered by $RMRK on the #Kanaria app
➤ Great UI/UX, user-friendly
Features ⬇️
kanaria.rmrk.app
21/ $RMRK's - Nested NFTs
Nested NFTs > NFTs that can own other NFTs 🔥
E.g., You hold a Bart Simpson #NFT in your wallet
Now imagine adding other NFTs (Barts skateboard, walkman, slingshot, etc.) to that NFT!
You can essentially build your own personalized version of Bart
Nested NFTs > NFTs that can own other NFTs 🔥
E.g., You hold a Bart Simpson #NFT in your wallet
Now imagine adding other NFTs (Barts skateboard, walkman, slingshot, etc.) to that NFT!
You can essentially build your own personalized version of Bart
22/ $RMRK's - Nested NFTs
This functionality can be seen with the Kanaria birds. The image below shows a Kanaria bird & the NFTs it owns!
When loading your Kanaria bird, each NFT loads independently of the other on-screen. This is the first time in history this has been done 🚀
This functionality can be seen with the Kanaria birds. The image below shows a Kanaria bird & the NFTs it owns!
When loading your Kanaria bird, each NFT loads independently of the other on-screen. This is the first time in history this has been done 🚀
23/ $RMRK's - Nested NFTs
With the EQUIP/UNEQUIP feature, users can add or remove any of the NFTs assigned to the base NFT
See #Kanaria bird below. He is holding a Trumpet. This item can be equipped or unequipped from the bird changing the appearance of the NFT 🔥
With the EQUIP/UNEQUIP feature, users can add or remove any of the NFTs assigned to the base NFT
See #Kanaria bird below. He is holding a Trumpet. This item can be equipped or unequipped from the bird changing the appearance of the NFT 🔥
24/RMRK's - NFT GEMS
The birds also can own GEM NFTs, that have different functionalities such as alteration of traits, removes app commission, etc
The gems cannot be sold or transferred but can be burned, equipped, or unequipped by the owner
$DOT $KSM $MOVR #Kanaria #Singular
The birds also can own GEM NFTs, that have different functionalities such as alteration of traits, removes app commission, etc
The gems cannot be sold or transferred but can be burned, equipped, or unequipped by the owner
$DOT $KSM $MOVR #Kanaria #Singular
25/ $RMRK Forward Compatibility
Forward Compatibility is super cool as it allows NFTs to have various OUTPUTS that can be utilized in different games, marketplaces
RESOURCES can add different outputs to NFTs that enable them to be multi-compatible under different environments
Forward Compatibility is super cool as it allows NFTs to have various OUTPUTS that can be utilized in different games, marketplaces
RESOURCES can add different outputs to NFTs that enable them to be multi-compatible under different environments
26/ $RMRK Forward Compatibility
Eg. A user has an NFT of game character – one resource can be a 2D model & the other a 3D model, both of which could be utilized
Another example could be an ebook, where one resource could be a pdf while another could be an audio file
Eg. A user has an NFT of game character – one resource can be a 2D model & the other a 3D model, both of which could be utilized
Another example could be an ebook, where one resource could be a pdf while another could be an audio file
27/ $RMRK On-Chain Emotions
In simple terms, on-chain emotions work by sending emojis (selected from the emoji keyboard) to NFTs on the $RMRK system (on-chain signing required)
Any person viewing that #NFT can then see the different emoticon reactions on that NFT
In simple terms, on-chain emotions work by sending emojis (selected from the emoji keyboard) to NFTs on the $RMRK system (on-chain signing required)
Any person viewing that #NFT can then see the different emoticon reactions on that NFT
28/ $RMRK On-Chain Emotions can have multiple powerful uses:
➤ Early price discovery – Let's say if one #NFT starts attracting a lot of attention in the form of emojis, you can quickly gauge if it may be worth more than the other NFTs
➤ Gamification & social mechanic
➤ Early price discovery – Let's say if one #NFT starts attracting a lot of attention in the form of emojis, you can quickly gauge if it may be worth more than the other NFTs
➤ Gamification & social mechanic
29/ $RMRK On-Chain Emotions
➤ Emoji Bots: This is super cool because you can analyze what NFTs high-profile individuals are liking
➤ Consume function: Users can send emojis to particular NFTs that can influence the traits of the #NFT!
➤ Emoji Bots: This is super cool because you can analyze what NFTs high-profile individuals are liking
➤ Consume function: Users can send emojis to particular NFTs that can influence the traits of the #NFT!
30/ $RMRK Conditional Rendering
Apply simple logic to your NFT so that you or other users can change its appearance!
While an NFT is visible to other people, you can, e.g., change an item of clothing or the color of the sky on the NFT by pressing a button in your wallet
$KSM
Apply simple logic to your NFT so that you or other users can change its appearance!
While an NFT is visible to other people, you can, e.g., change an item of clothing or the color of the sky on the NFT by pressing a button in your wallet
$KSM
31/ $RMRK Conditional Rendering
E.g. You have 2 Chucky doll NFTs; 1 as a static image of Chucky & the other with Chucky speaking
Apply logic to an NFT: If Chucky got 50 scary emojis, the static Chucky would switch to the other NFT of Chucky speaking!
bit.ly/2YDfBO9
E.g. You have 2 Chucky doll NFTs; 1 as a static image of Chucky & the other with Chucky speaking
Apply logic to an NFT: If Chucky got 50 scary emojis, the static Chucky would switch to the other NFT of Chucky speaking!
bit.ly/2YDfBO9
32/ $RMRK NFTs as DAO's
NFTs will have the potential to be broken into fungible tokens, which in turn, will form a DAO (community ownership) for that #NFT
These tokens can then be used to govern the NFT in-game functions
#DAO #Governance $DOT $KSM $MOVR $GLMR
NFTs will have the potential to be broken into fungible tokens, which in turn, will form a DAO (community ownership) for that #NFT
These tokens can then be used to govern the NFT in-game functions
#DAO #Governance $DOT $KSM $MOVR $GLMR
33/ $RMRK NFTs as DAOs
E.g., An in-game user buys a movie theatre & breaks it into 10 segments (fungible tokens)
These tokens are then sold to other in-game users forming a DAO.
The #DAO decides what movies are shown at the movie theater & gets royalties from the showings 🔥
E.g., An in-game user buys a movie theatre & breaks it into 10 segments (fungible tokens)
These tokens are then sold to other in-game users forming a DAO.
The #DAO decides what movies are shown at the movie theater & gets royalties from the showings 🔥
34/ $RMRK Metaverse (not yet released)
RMRK is developing a #Metaverse that sounds completely mind-blowing. It intends to incorporate the famous #Kanaria Birds and a multiple range of features, some of which are listed below
➤ Use your Birds as avatars
#blockchain #crypto
RMRK is developing a #Metaverse that sounds completely mind-blowing. It intends to incorporate the famous #Kanaria Birds and a multiple range of features, some of which are listed below
➤ Use your Birds as avatars
#blockchain #crypto
35/ $RMRK Metaverse
➤ Stats Cards: If you accept the issued stats card, it will be sent directly to your bird. You then can upgrade your stats by participating in events
➤ Buy in-game NFTs, fractionalize NFTs, create DAO's, governance voting, earn rewards
$DOT $KSM $MOVR
➤ Stats Cards: If you accept the issued stats card, it will be sent directly to your bird. You then can upgrade your stats by participating in events
➤ Buy in-game NFTs, fractionalize NFTs, create DAO's, governance voting, earn rewards
$DOT $KSM $MOVR
36/ $RMRK Metaverse
➤ Grow the birds and teach them experiences
➤ Craft certain items; craft them for money, for other people, or just craft them for yourself
➤ Staking your Bird to mine base resources
➤ Grow the birds and teach them experiences
➤ Craft certain items; craft them for money, for other people, or just craft them for yourself
➤ Staking your Bird to mine base resources
37/ $RMRK Token Utility
➤ Liquidity
➤ Cross-Chain Interoperability
➤ In-game Governance
➤ Defi – RMRK token - collateral on Karura / Acala
➤ DAO Collateral
➤ Transactions on Singular & Kanaria
➤ Metaverse Staking - (raw material mining/craft new items/stake birds)
➤ Liquidity
➤ Cross-Chain Interoperability
➤ In-game Governance
➤ Defi – RMRK token - collateral on Karura / Acala
➤ DAO Collateral
➤ Transactions on Singular & Kanaria
➤ Metaverse Staking - (raw material mining/craft new items/stake birds)
38/ $RMRK Token Utility
➤ Whitelabel Campaigns - Commission fees for any whitelabel copying
➤ Curation In Galleries – Stake $RMRK to mint an NFT on Singular
➤ Verified Artist - (10 RMRK needed as part of the verified artist process)
$DOT $KSM $MOVR #Kanaria #Singular
➤ Whitelabel Campaigns - Commission fees for any whitelabel copying
➤ Curation In Galleries – Stake $RMRK to mint an NFT on Singular
➤ Verified Artist - (10 RMRK needed as part of the verified artist process)
$DOT $KSM $MOVR #Kanaria #Singular
39/ $RMRK Tokenomics
See the image below for tokenomics
➤ Vesting: Team tokens: 5% is locked for the team to access after two years (1-year cliff, one-year linear vesting per block)
See the image below for tokenomics
➤ Vesting: Team tokens: 5% is locked for the team to access after two years (1-year cliff, one-year linear vesting per block)
40/ $RMRK Team
Total Team Members – 10
Developers – 3
Team Experience – Web 3 Foundation, Blockada.io, Bitfalls, Vivax Communications
#crypto #blockchain $DOT $KSM $MOVR #Kanaria #Singular
Total Team Members – 10
Developers – 3
Team Experience – Web 3 Foundation, Blockada.io, Bitfalls, Vivax Communications
#crypto #blockchain $DOT $KSM $MOVR #Kanaria #Singular
41/ $RMRK Roadmap
Some of the items below are a part of RMRK 3.0
➤ Full rewrite of RMRK logic using smart contracts (Solidity) for inclusion in EVM chains like Moonriver & FRAME Pallets (Substrate, Rust) for inclusion in chains native runtimes
Some of the items below are a part of RMRK 3.0
➤ Full rewrite of RMRK logic using smart contracts (Solidity) for inclusion in EVM chains like Moonriver & FRAME Pallets (Substrate, Rust) for inclusion in chains native runtimes
42/ $RMRK Roadmap
➤ Metaverse
➤ Avatars, Banners
➤ Grants programs
➤ Community Events
➤ Singular – Nested NFTs, Multi-Resource NFTs, Conditional Rendering, NFT as DAO's
➤ Platform Bonuses – through $RMRK partnerships
$DOT $KSM $MOVR #Kanaria #Singular
➤ Metaverse
➤ Avatars, Banners
➤ Grants programs
➤ Community Events
➤ Singular – Nested NFTs, Multi-Resource NFTs, Conditional Rendering, NFT as DAO's
➤ Platform Bonuses – through $RMRK partnerships
$DOT $KSM $MOVR #Kanaria #Singular
43/ $RMRK Partnerships
Current Partnerships
➤ Khala Network
➤ Unique Network
➤ Promoteam
➤ Zeitgeist
➤ Unifty
➤ Bifrost
Pending Partnerships
➤ Karura
➤ Bit.Country
➤ Shiden
➤ Altair
Current Partnerships
➤ Khala Network
➤ Unique Network
➤ Promoteam
➤ Zeitgeist
➤ Unifty
➤ Bifrost
Pending Partnerships
➤ Karura
➤ Bit.Country
➤ Shiden
➤ Altair
44/ $RMRK Investors
Several investors participated during the fundraising round, purchasing #Kanaria eggs at the same price as the community
Some investors chose not to collect eggs which is great because they went into the $RMRK #NFT Treasury
Several investors participated during the fundraising round, purchasing #Kanaria eggs at the same price as the community
Some investors chose not to collect eggs which is great because they went into the $RMRK #NFT Treasury
45/ $RMRK Verdict
I would consider $RMRK the most advanced NFT protocol in the world with extremely high potential. It provides unique futuristic features to NFTs, taking them to the next level
RMRK's tech allows users to take their NFTs & give them meaning & useability
$KSM
I would consider $RMRK the most advanced NFT protocol in the world with extremely high potential. It provides unique futuristic features to NFTs, taking them to the next level
RMRK's tech allows users to take their NFTs & give them meaning & useability
$KSM
46/ $RMRK Verdict
Features such as Nested NFTs, Forward Compatibility, Emotions, Multi-Resource NFTs, & the ability to create DAO's are the future of NFTs
RMRK NFTs evolve with the protocol they are built on, they can easily be utilized in any NFT game, Metaverse, Marketplace
Features such as Nested NFTs, Forward Compatibility, Emotions, Multi-Resource NFTs, & the ability to create DAO's are the future of NFTs
RMRK NFTs evolve with the protocol they are built on, they can easily be utilized in any NFT game, Metaverse, Marketplace
47/ $RMRK Verdict
$RMRK has a small team of 10 people, but the team is effective and efficient with very admirable experience.
They are knocking out feature after feature without any resistance and will continue to do so
@RmrkApp @bitfalls @kusamanetwork
$RMRK has a small team of 10 people, but the team is effective and efficient with very admirable experience.
They are knocking out feature after feature without any resistance and will continue to do so
@RmrkApp @bitfalls @kusamanetwork
48/ $RMRK Verdict
Once $RMRK implements the protocol for use through EVM chains & FRAME pallets, it will see a burst of partnerships & explosive growth
$RMRK will run the Polkadot ecosystem & all its parachains
Very low max supply at 10m & a high proportion is community-owned
Once $RMRK implements the protocol for use through EVM chains & FRAME pallets, it will see a burst of partnerships & explosive growth
$RMRK will run the Polkadot ecosystem & all its parachains
Very low max supply at 10m & a high proportion is community-owned
49/ $RMRK Analysis Results
From review & evaluation of $RMRK, with respect to the information that was available to me -Rating 84%
Note - I am not here to convince people, justify, or argue. I am simply sharing my findings
Summarized results below
$DOT $KSM #Kanaria #Singular
From review & evaluation of $RMRK, with respect to the information that was available to me -Rating 84%
Note - I am not here to convince people, justify, or argue. I am simply sharing my findings
Summarized results below
$DOT $KSM #Kanaria #Singular
My apologies, I forgot to include @ChristinaMiyar in the $RMRK thread
Christina is on the $RMRK team & doing a killer job as $RMRK's Community Manager 🔥
Give her a follow on Twitter and you can find her in $RMRK's telegram also t.me/rmrkapp
Christina is on the $RMRK team & doing a killer job as $RMRK's Community Manager 🔥
Give her a follow on Twitter and you can find her in $RMRK's telegram also t.me/rmrkapp
$RMRK Protocol 🔥
No other NFT project provides the functionality that $RMRK offers
➤ NFT lovers can take an NFT, add other items (#NFTs) to it
➤ Give it the ability to have multiple outputs on different platforms
➤ Enable your NFT to have in-game or other functionality
No other NFT project provides the functionality that $RMRK offers
➤ NFT lovers can take an NFT, add other items (#NFTs) to it
➤ Give it the ability to have multiple outputs on different platforms
➤ Enable your NFT to have in-game or other functionality
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