Hi all. My name is Magusz and I work for RMRK and Singular. Bellow you can find info about us and proposal for dApp staking on Astar
Singular.app is the official platform for RMRK Modular NFTs. It’s a marketplace that empowers creators and collectors to utilize our advanced NFTs in a straightforward, no-code manner.
A little background on RMRK:
RMRK, pronounced “remark”, was established in 2020 by Bruno Škvorc, who was the Web3 Foundation’s technical educator at the time. The RMRK team serves as the custodian and primary developer of the open-source Modular NFT standards known as RMRK standards, as well as the Skybreach metaverse. It’s a profit-oriented company that builds products using this infrastructure. The RMRK and Singular teams are one and the same.
The NFT Standards were initially developed on Kusama as a proof of concept. The RMRK Modular standards were initially developed on Kusama network as proof of concept and have launched highly successful projects such as Kanaria, Evrloot, and Proof of Chaos, among others, during its first two years. In early 2023, the RMRK Team decided to transition the standards and marketplace to EVM chains, turning our Modular NFTs into ERC standards.
Each ERC standard operates independently but can enhance its functionality when combined with other standards. Hence, we refer to them as Modular. The Modular NFT standards developed by RMRK include:
ERC 5773 - MultiAsset NFTs: Enables multiple outputs (typically media files) within a single NFT.
ERC 7401 - Nestable: Allows NFTs to own other NFTs at multiple levels.
ERC 6220 - Equippable: NFTs can be equipped into other NFTs, altering their data and presentation.
ERC 6454 - Soulbound 2.0: NFTs are bonded (non-transferable) to a wallet or another NFT.
ERC 7409 - Emotable NFTs: Provides the ability to react to NFTs on-chain with emojis.
Past Milestones since our transition to EVM chains:
We’ve integrated several EVM chains into our marketplace and dApp infrasctructure, including Moonbeam, Ethereum, Polygon, Base, and Astar.
First generic NFT marketplace to successfully implement GBM auctions. A model of auction that rewards all bidders.
Recently we have added numerous new features:
batch inventory management
opengraph social preview
advanced NFT search engine
fiat price filters
Singular has also some unique features such as:
- NFT Inventory
- Verification of collections
- NFT profile banners
- Multi-Asset viewer
- Create Multi-Asset, Nestable and Soulbound 2.0 NFTs
- Trade Multi-Asset, Nestable, Composable and Equipable NFTs
We’ve created and deployed an ecosyatem of dApps to support Singular and RMRK NFT standards, including Emotes.app, Wizard.rmrk.dev, Upgradooor.app, and Mintaur.app.
While we’re applying for dApp Staking with our marketplace Singular, our other developed dApps will also benefit from it, as they’re all directly linked to Singular. A prime example is the NFT collections AstarLlama and Saurus Crew, which were upgraded using Upgradooor and are now available on our marketplace as Modular NFTs.
Use of the staking revenue:
Infrastructure expenses: A significant portion of the revenues will be allocated towards addressing infrastructure-related costs. This encompasses expenses associated with RPCs, indexers, ipfs and hosting. These foundational elements ensure that the RMRK platform operates efficiently, providing a seamless experience for its users.
Maintenance and Development: The remaining funds will be set aside for the maintenance of Singular and other existing RMRK dapps. Moreover, we are committed to the ongoing development of new features, with an emphasis on strengthening our collaboration with the Astar ecosystem.
Important to note that most probably the revenue from staking will not cover entirely any of these points, but will help a lot on our process to keep building.
We’re developing tools that enable people to be creative with NFTs and move beyond the traditional single-file NFT. Game studios, artists, collectors, and brands can all benefit from these Modular NFTs in the Astar ecosystem. Users can not only mint and trade them on Singular but also use our dApp ecosystem for their NFT needs.