$RMRK Tokens' Utility

1/ $RMRK is the native token of RmrkApp - the most advanced NFT system in the world. As a governance, staking, and collateral token, $RMRK has four main uses.

The infographic includes all the detailed information about its utility, let's find out together.

2/ $RMRK will be used as the currency of the metaverse projects. A good example is Bit.Country, they has committed to support RMRK's standards for rendering and usage inside http://Bit.Country, and on the other hand, RMRK will build and maintain their metaworld. https://bit.country/

3/ $RMRK can be used as the collateral in DeFi Protocols. After their collaboration with Acala, Karura Network team intends to experiment with $RMRK to tokenize DeFi incentives & add gamification to Karura DeFi protocols.

4/ Apart from these, $RMRK can be also used for curation in galleries. You just need to stake some $RMRK and you can mint an NFT on Singular.

5/ $RMRK is a governance, staking and collateral token launched on Statemint chain. This is important, as the project is creating a multi-chain design, and tokens holders will be able to oversee the projects development and make key decisions in its growth.

6/ $RMRK will be traded on Kucoin from 11:00 (UTC), Sep 28, 2021.

Deposits Effective Immediately will be on Statemine Network. Withdrawal will be from 10:00 on September 29, 2021 (UTC).