Crust Network x RMRK Partnership

Published on: 02.11.2021
Crust Network x RMRK Partnership

Crust Network is partnering with RMRK to provide multi replica IPFS storage for #nextgenNFTs, an initiative by RMRK upholding the next generation NFTs standards, on RMRK.

Crust Network is essentially an IPFS incentive layer protocol and a substrate-based blockchain that builds a decentralized storage network of the whole brand new Web3.0 ecosystem. In this coming Web 3.0 future, Crust Network aims to provide evolving decentralized IPFS storage solutions to meet the ever-increasing demand from the Metaverse and NFTs ecosystems.

The RMRK 2.0 & 2.1 NFTs standards call for precise and workable solutions for data storage off-chain, especially when its multi-resource and changing/conditional outputs rendering features are put into real use. Except for joining and sponsoring RMRK’s recent hackathon to strength the partnership, Crust Network also eyes on a long-term solution that RMRK’s new NFTs standard will integrate as a native Web3.0 infrastructure.

About RMRK

RMRK (pronounced “remark”) is a set of NFT legos that give NFTs infinite extensibility, hosted on the Kusama blockchain, Polkadot’s canary network, without the need for parachains or smart contracts.

The “legos” refers to five wondering primitives — Nested NFTs, On-chain emotes, Multi-resource NFTs, Conditional rendering and NFTs-as-DAOs. Putting these legos together allows a user to create NFT systems of arbitrary complexity. Additionally, by leveraging this logic and Kusama’s multi-chain architecture, these NFTs are eternally liquid and forward-compatible with as yet unannounced projects, and seamlessly portable to any connected parachain.

About CRUST

CRUST implements the incentive layer protocol for decentralized storage, and vision to building a decentralized cloud ecosystem.

📰 INFO

https://medium.com/crustnetwork/crust-network-partners-with-rmrk-in-constructing-the-next-generation-nfts-standard-d7f474431ff8

Market Stats:
BTC Dominance: 56.88%(+0.10%/24h)
ETH Dominance: 11.9%(-0.09%/24h)
Defi Market Cap: $108.64B(-9.32%/24h)
Total Market Cap: $3285.67B(+0.27%/24h)
Total Trading Volume 24h: $137.14B(-9.93%/24h)
ETH Market Cap: $391.02B
Defi to ETH Ratio: 27.78%
Defi Dominance: 3.17%
Altcoin Market Cap: $1416.9B
Altcoin Volume 24h: $79.99B
Total Cryptocurrencies: 33284
Active Cryptocurrencies: 10606
Active Market Pairs: 96976
Active Exchanges: 779
Total Exchanges: 9871
BTC: 94333.65$(0.31%/1H)
ETH: 3244.71$(0.19%/1H)
AVAX: 36.47$(0.67%/1H)
BNB: 694.49$(0.34%/1H)
MATIC: 0.46$(0.37%/1H)
FTM: 0.7$(0.09%/1H)
ADA: 0.92$(0.56%/1H)
DOT: 6.68$(0.4%/1H)
UNI: 13.66$(0.51%/1H)
CAKE: 2.33$(0.46%/1H)
SUSHI: 1.46$(0.78%/1H)
ONE: 0.02$(0.9%/1H)