Why RMRK 2.0 on Singular is a Game-Changer for NFT Creators
The most advanced NFT protocol in the world
The most advanced NFT protocol in the world
When it was announced that the RMRK dev team was working on implementing RMRK 2.0 standards on Singular (Kusama’s premiere NFT marketplace), I leapt for joy because this is what I (and many other forward-thinking creators familiar with the immense power of RMRK’s advanced NFT protocol) have been waiting for. A chance to take the magic of RMRK 2.0 as expressed on Kanaria and create some unbelievably cool projects, the kind of which has never been seen before.
Unfortunately, not many people can appreciate the unbounded possibilities that RMRK 2.0 on Singular will unleash. Thus, I decided to write this article to explain in short details 3 reasons why I am so excited about RMRK 2.0 logic on Singular. My hope is that every creator who reads this article will have a far better understanding of what’s coming and be better prepared for this creatively liberating future.
Without further ado, let’s begin.
For the RMRK-uninitiated, nesting is the ability for NFTs to own other NFTs. In RMRK 2.0,
On its own, nesting is a powerful feature, but it’s not enough.
To unlock the full potential of nesting, we need conditional rendering — the ability of an NFT to change its look based on on-chain actions.
On-chain actions range from a collector equipping and unequipping child NFTs to the NFT changing on its own when certain conditions are met (for example, the background of the NFT changing in accordance with the time of day).
Put conditional rendering and nesting together and you have unimaginable composability. A few possibilities:
What’s more powerful than one creator taking on the burden of parent-child NFT relationship is multiple creators doing it.
For example, a PFP collection can be created with characters that are programmed to dance to any kind of music. Then collectors can buy these danceable NFTs and equip them with any song they’ve purchased on the Singular platform. If it’s a ballad, the PFP character will dance slowly, if it’s an Afrobeat or EDM song, the character will scatter the dance floor.
The real joy of RMRK 2.0 for creators is the composability that it enables.
Another key feature of RMRK 2.0 is the multi-resource functionality, wherein an NFT can have more than one resource. Resource, in this context, is the file the NFT points to. For example, in NFT 1.0, a PFP character NFT can only point to a resource that is the image of the PFP character. A single resource has two main downsides:
As you can see, these are difficult decisions for any creator to make when dealing with only single-resource NFTs. With RMRK 2.0 on Singular, every creator is empowered to upload as many resources as they like for a single NFT. Just as there are two main downsides to single-resource NFTs, there are two key upsides to their multi-resource counterparts:
We’ll never forget when emoting on Kanaria eggs brought down Kusama…twice!
With RMRK 2.0 on Singular comes the arrival of emojis as an added layer of social interaction for NFTs. This could serve as a method for price discovery, gamification, or something as yet uninvented. We imagine that many creators will be able to find new and unique ways to use the emoting functionality in RMRK 2.0.
With the level of NFT composability enabled by RMRK 2.0 on Singular, I believe sincerely that the only limit to amazing projects and collections is the imagination of the creator.
To stay up to date on the team’s progress, subscribe to their newsletter and follow RMRK on Twitter. You can also chat with the founders and community on Telegram and Discord if that’s your kind of thing.
gbaci is an enthusiast of decentralization who co-maintains a weekly newsletter that covers the latest happenings in the DotSama (Polkadot and Kusama) ecosystem.