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Rmrk Raises $6M To Build Polkadot’S Advanced Nft System Standard

Rmrk Raises $6M To Build Polkadot’S Advanced Nft System Standard

06/08/21, 4:24 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/CH.svgzug
Money raised
$6 million
RMRK, an advanced NFT protocol project, announced today that it raised 6 million USD to build the standard cross-chain NFT infrastructure in the Polkadot and Kusama ecosystem. Investors such as D1 Ventures, YBB, PAKA, DFG, and others are all betting on NFTs 2.0 as presented by RMRK.

Company Info

Company
Rmrk
Location
zug, zug, switzerland
Additional Info
RMRK is developing new standards to expand what NFTs can do:● NFTs that can own other NFTs● NFTs that can listen to commands or issue them to their children● NFTs as DAOs that can, through fractional ownership, be controlled by a group● NFTs that can react to emotion with conditional rendering logic (send 50 rocket emoji to a picture of a moon, and it can show you a moonbase)● NFTs that can have multiple resources at once (mint an e-book with an audio version, a PDF file, and a high resolution cover - the environment it’s loaded in decides which part to load automatically).With these “art legos” in place, RMRK has created an NFT operating system that makes possible NFT projects of arbitrary complexity.Powerful PartnershipsThis potential of art legos was recognized by key players in the Kusama and Polkadot ecosystem, as documented on RMRK’s official blog.