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RMRK is a protocol enhancing Web3 NFTs with complex features like nesting and equipping across EVM environments. Initiated by Bruno Škvorc, its native token facilitates governance, marketplace transactions, and DeFi collateral. The fixed supply of 10,000,000 tokens was primarily distributed via community fairdrop, with no inflation planned.
RMRK is advancing Web3’s NFT approach through a growing set of NFT building blocks, currently accessible in EVM settings. These components enable NFT collections of any complexity to utilize new features such as multi-asset, nestable, equippable, emotable, and nestable-soulbound NFTs.
Originating from the Substrate ecosystem in early 2021, the protocol adopted several Ethereum Improvement Proposals by 2022, specifically ERC-5773 and ERC-6059. This integration allows for multi-asset and nestable NFTs on the Ethereum Mainnet and throughout EVM environments.
The native utility token, $RMRK, serves multiple purposes:
Available RMRK resources include:
From the total supply of 10,000,000 $RMRK tokens, 88% were distributed via a fairdrop to community members who purchased Kanaria eggs. Of the remaining 11%, 5% are locked for the founding team, while the balance is lent to market makers to support exchange liquidity. The token has no inflation. Additionally, there is no buyback program, as the team cites the token's extensive utility within the RMRK ecosystem as the reason.
Bruno Škvorc, then a technical educator at the Web 3 Foundation, initiated RMRK in August 2020. The group expanded to a team of 4 in February of 2021 and became a registered Swiss Verein. Yuri Petusko, Ilia Dvornikovs, Yuri Girjanskis, and Bruno collectively created the specification and tools for RMRK and RMRK 2.0, which now form the foundation of the most advanced NFT system in the world.
To learn more about RMRK, the $RMRK token, and its utility within the Substrate ecosystem, please visit
Bruno Skvorc