Polkassembly - Referendum #975

Remarker

The NFT marketplace for Polkadot. Discover the unique and rare collectibles on remarker.io

Note:

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Current State and Retroactive Work on Remarker:

Over the past six months, Remarker has been developed into a robust NFT marketplace on Polkadot, featuring:

NFT Swaps: Users can easily trade NFTs between one another NFTs.
NFT Purchases with Stablecoins: Support for purchasing NFTs using stablecoins like USDC and USDT.
Auto Teleport: Simplifies the transfer of DOT tokens between Polkadot relay chain and Asset Hub.
New UI for Polkadot NFT Ecosystem: A redesigned user interface enhancing user experience and interaction within the Polkadot NFT ecosystem.

Feature Additions Before Plaza Upgrade:

As we approach the Plaza upgrade, several new features and improvements are planned:

Support for NFT Interactions on Asset Hub:

Enable interactions using ETH and other EVM-compatible chain tokens, facilitated by Snowbridge.

2 .UI and UX Enhancements:

Continuously improving the user interface and user experience to ensure a seamless and intuitive platform for all users.

3 . Remint Tool:

Public Mint: Allowing anyone to mint NFTs from a collection.
Issuer Mode: Only the collection's issuer can mint NFTs.
Whitelist Mode: Only pre-approved users can mint NFTs.
This tool will enable it's users to pre-sign large chunks of NFT collection metadata and mint details, streamlining the minting process and providing flexibility similar to Ethereum's NFT minting smart contracts.

4 . Tutorial on Remarker

How to create NFTs
How to purchase NFTs using USDT, USDC, DOT and deposit funds from Binance
How to Swap NFTs
How to make Offers

5 . Launching an NFT Collection for Creating Initial Hype for Polkadot NFTs

Launching a free mint NFT collection serves as an early-stage incentive to attract new users to the Polkadot Asset Hub and increase the number of NFT users on Polkadot. This strategy helps create initial excitement and engagement within the community, encouraging users to start trading and interacting within the Polkadot NFT ecosystem.

6 . nftFractionalization (Live on kusama Asset Hub)

The nftFractionalization pallet allows an NFT to be divided into smaller pieces, enabling fractional ownership. Here's how it works:

1 . Fractionalize NFT:

When an NFT is fractionalized, it is locked, and new tokens representing fractions of the NFT are issued.
Each token represents a percentage of ownership of the NFT.

2 . Distribute Ownership:

These fractional tokens can be sold or distributed, allowing multiple people to own a share of the NFT.
For example, a $30,000 Bored Ape Yacht Club NFT can be divided into smaller fractions, making it more accessible.

3 . Ownership Rights:

The person holding the majority of the fractional tokens has the controlling interest and effectively owns 100% of the NFT.
As more tokens are distributed, the original owner's percentage of ownership decreases.

4 . Unify NFT:

To regain full ownership, one must buy back all the fractional tokens.
Once all tokens are reacquired, the NFT can be unified, unlocking the full ownership rights.

Supported file Types

Images
Videos
Audio files
3D Models
SVGs
iframes and HTML

Remarker utilizes thirdweb MediaRenderer to support these diverse file types, ensuring a seamless and dynamic experience for all users.

Twitter NFT sales Bot

The ultimate marketing tool to showcase the vibrant activity within Remarker.io. By highlighting real-time sales, trades, and new listings, this bot will attract artists and traders to our marketplace, boosting user engagement on Polkadot Asset Hub.

Funding Breakdown:

we are requesting 10,000 DOT, equivalent to $61,127, to cover:

Retroactive Work:

Duration: 6 months
Total Amount: $30,000

Feature Additions Enhancements

Duration: 6 months
Total Amount: $31,127

Total Amount: $61,127

This funding will also cover the implementation of cross-chain bridged tokens integration and smart contract implementation after the Plaza upgrade.

Milestones:

Completion of Current State Features (6 months):

NFT Swaps
NFT Purchases with Stablecoins
Auto Teleport
New UI for Polkadot NFT Ecosystem
Funding Required: $30,000.

Feature Additions Enhancements (3 months):

Support for NFT Interactions on Asset Hub
UI and UX Enhancements
Remint Tool
Deployment of Twitter NFT Sales Bot
Funding Required: $31,127

Open-Source Repository and Founder Information:

Remarker is an open-source project, and the repository can be found here.

About the Founder:

Ashutosh Singh is the creator and founder of Remarker. He has been active in the Polkadot NFT ecosystem since 2021. Initially an artist on Kusama, Ashutosh shifted his focus to developing tools and platforms within the Polkadot ecosystem, including creating governance Twitter bots for both Polkadot and Kusama, funded by the Kusama treasury. These bots can be followed at:

Polkadot OpenGov Observer: Polkadot Bot
Kusama OpenGov Observer: Kusama Bot

Ashutosh's dedication to enhancing the Polkadot NFT space led to the creation of Remarker. He is committed to expanding the Remarker team to further innovate and enhance the platform. his X profile: X

This proposal seeks retroactive funding to support the completed development work and future enhancements, ensuring that Remarker remains at the forefront of the Polkadot NFT ecosystem.