Singular.app : dApp Staking Proposal

Astar Initiatives dApp staking applications
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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

Project Overview

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:

  • NFT offers

    • batch inventory management

    • opengraph social preview

    • advanced NFT search engine

    • fiat price filters

    • collection stats

  • 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:

  1. 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.

  2. 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.

Links:
RMRK website: https://www.rmrk.app/
Singular: https://singular.app/
Twitter RMRK: https://twitter.com/RmrkApp
Twitter Singular: https://twitter.com/SingularRMRK

Conclusion:
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.

18 Likes
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The arrival of RMRK in Astar is incredibly significant. This highly innovative NFT project undoubtedly deserves a spot in the dApp staking, enabling it to accelerate its development further and continue bringing innovations to the Astar ecosystem.

Please, i would like to know how the revenues from the dApp staking will be utilized in the project?

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This is going to be big! RMRK had the unique and leading NFT protocol that will be powerful to be used in Astar, I would like to hear some more details about the dApp staking part, will it be used for NFT development, or build the community? but, I would like to support this proposal!

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This is the only project in the entire Polkadot ecosystem with innovation. Rmrk’s technology can bring immeasurable value to Japanese anime IP and Astar！
Rmrk is the future of NFTs ！ Astar is the future of Web3 in Japan！

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Astar Network and RMRK are the only projects in entire ecossystem that i fully trust, this will be massive <3

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Thanks for your support.

And answering your question, they are 2 main points that we will use the revenues for:

  1. 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.

  2. 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.

I will edit the post and add these points there also.

1 Like
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Hi. Thanks for your support.

Just answered a similar question and edited the post to add that info. But I will leave it here also.

They are 2 main points that we will use the revenues for:

  1. 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.

  2. 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.

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Thank you so much for your support.

We are ready to work with Japanese anime IP and Astar! Let’s go!

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Thank you so much for your kind words.

Let’s make something amazing!

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Thank you so much. Really appreciate your support!

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It can be argued that RMRK is the leading cutting-edge NFT standard that currently exists in the crypto space today.
Due to the symbiotic nature and interoperability of RMRK NFTs - and as the amount of projects using this standard continues to increase - Astar has so much to gain by collaborating with the RMRK team.
As the number of NFT projects using the RMRK standard continues to grow on Astar, Moonbeam, and the broader crypto market outside of dotsama, Astar can position and solidify itself as the center of innovation and excellence in the NFT space.
The really is no limit to innovation and results RMRK and Astar can achieve together.

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Thank you for that comment.
Amazing statement and an awesome support you are showing to us. Grateful for it!

Let’s build amazing things at Astar.

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We will support the proposal! we have been in this sector for years as creators and artists. The milestones achieved by the Rmrk team are incredible and truly underrated.

We talk to the Rmrk team every day, and you have no idea the amount of work that goes into protocols and managing them on singular. Our game Age Of Chronos will probably be one of the first dapps to use erc 7508 (coming soon) for managing in-game levels with NFTs 2.0.

We chose Singular to host our NFTs because we firmly believe it is the best solution. Our Devs are enthusiastic about working on innovation 2.0 and we owe this to Bruno and his team.

Maximum support from Sfy Labs :heart_hands:

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Super excited about Singular, appreciate your innovative approach!

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Thank you so much.

So glad to have you at our marketplace. We know that you will have huge success and continue to develop new things.
Our team is always here to support! :handshake:

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Thank you!

We are excited also about being at Astar and make cool stuff.

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Singular is a great platform as it has a variety of standard tokens for NFT, which means greater usability.

Do you plan to do something different at Astar? Something that will attract enough attention from users as NFT on Astar has little traffic at the moment, it would be great to do something innovative on Astar and bring traffic to NFT. Thanks

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Thanks for the support.

We don’t have anything specific planned, but we are the home of Modular NFTs. As we deploy more features users will be able to be creative with NFTs. At the moment anyone can already mint Multi-Asset NFTs, Nestable NFTs and Soulbound 2.0 NFTs.
Besides of the ability to react with emojis on chain on our dApp Emotes.app. Eventually this feature will also be integrated at Singular.

We are working on the part of composability and equipable NFTs.

The intention is to have tools for users to mint and trade advanced NFTs in an easy way. That itself is the innovation that we are bringing to Astar.

Besides that, other projects and ideas may come up. We are always open for collaborations and joint innitiatives.

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I hope they get a new niche for Astar, as with AstarzkEVM there will be endless possibilities. I wish you a lot of luck, keep building

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I am very happy to see RMRK in the Astar ecosystem and fully support this proposal.

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