Resubmission of ref#975 Retroactive Funding Proposal: Completed Remarker Development and Future Development

Remarker

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

• Twitter
• Discord
• Youtube

 

 

 

Milestone 1 (completed)

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 Trading 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.
• NFT List: Users can easily list their NFTs for sale
• NFT creation: Users can easily create their NFTs and collections
• Users can view their owned NFTs, swaps and created collections
• Users can view different collections and NFTs on remarker

 

Milestone 2

In the second milestone we plan to bring new features and improvements

UI and UX Enhancements:

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

 

On-chain Identity on polkadot peoples chain

• Users can create their on-chain identity and it will be shown everywhere

 

Royalties to the collection owner from NFT sales on remarker

• A percentage of NFT sales price will be given to the Collection owner as specified while creating

 

NFT liquidity pools

• Users can directly swap their NFT with any another collection NFT if it has a swap offer to that whole collection items

 

Remint Tool: made for large collections like on solana large supply collections are minted into the blockchain increasing number of NFT holder and users

• 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 based NFT minting smart contracts.

 

Tutorial on Remarker

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

 

NftFractionalization

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.

 

Twitter NFT sales Bot

The ultimate marketing tool to showcase the vibrant activity within Remarker.. 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.

Feedback from ref#975

1 . active users: In this treasury proposal we have provided 7 days active users data from different regions

2 . Transaction volume: Couldn't calculate exactly but there are many NFT collections created actually we never tracked transaction volume but there are many NFTs created and listing's made on remarker but we'll try to build a tracker built in remarker very soon but for now we have provided active users data

1 . on-chain identity is created by proposer

2 . reduced asking price

1 . we're now focusing on bigger NFT teams of developers and artists that's why we're building remint tool so that these teams can create their NFT collections on polkadot with large supply high hype and can attract large number of NFT users on polkadot for example these teams on solana creates 5K to 10K supply collections does marketing well and attracts large number of NFT users the main problem of polkadot is currently userbase that's what we're trying to solve

1 . Now we have a fully detailed budget allocation https://docs.google.com/spreadsheets/d/1PYB1vg5PoxmnZqfMIK-IotTDmNhmdgTvbGtMq-vedKo/edit?usp=sharing

Problems

There is no any good UI for Polkadot Asset Hub NFTs

Many pallet calls in NFT pallet are abandoned and these calls are the ones which makes polkadot NFTs different from any other blockchain like NFT swaps offers, public mint and many more

Solutions

Remarker is building the most enhanced UI for polkadot NFTs and it can be clearly seen

Remarker has already added 90% of the pallet calls in use

Innovation & Ambition

Collaborations and Community

Remarker has already been working with the big projects like The collectables by kus which is outperforming all records and we're also working with the memecoin projects to bring large collections on polkadot asset hub for reaching large userbase

Major Problem

Remarker focuses on attracting big team from different blockchains like on solana there are team of developers and NFT artists working together on large size 5K to 10K supply collections and we want those teams to create NFTs on remarker and remint is the tool which developers can use for creating their NFT mint dapp on Polkadot asset hub and launch a public mint we're also going to create a guide on how to use hashlips and remint together for launching a NFT collection on Polkadot asset hub, Remint is going to be launched in the milestone 2

Active users in last 30 days

Team

• Ashutosh Singh: Founder of remarker, creator of opengov bots worked on several different projects worked on kusama asset hub in 2021 then on polkadot asset hub in 2022 always wanted to bring back NFTs on polkadot once an artist and developer now creating something which he really wanted to do from the beginning

• Alex Wang: Full stack developer worked on https://harvest.finance created multiple smart contracts for NFTs on ethereum built https://egtoken.io on Startup Project from scratch which contains all of Web3 https://egswap.exchange

• Abhishek Lingwal: Full stack developer worked on solana NFTs created several different projects worked on solana blinks candymachine https://twitter.com/Abhishek_Tech_

• AVIROOP JANA: Full stack developer worked on solana NFTs marketplace created multiple Dapps on solana https://x.com/AviroopJana1

Funding Breakdown:

we are requesting 30,000 USDT, to cover:

Retroactive Work:

• Duration: 6 months
• Deliverables: MVP, Features stated in the milestone 1 above
• Total Amount: $15,000

Enhancements & Expanding

• Duration: 6 months
• Deliverables: Enhanced UI and UX expanding remarker, collaboration with different NFT teams from different blockchains features stated in milestone 2 above
• Total Amount: $15,000

 

Total Amount: $30,000

Budget Allocation

https://docs.google.com/spreadsheets/d/1PYB1vg5PoxmnZqfMIK-IotTDmNhmdgTvbGtMq-vedKo/edit?usp=sharing

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.