InvArch’s partnership with RMRK. Using NFT 2.0 for IP tokenization.

Partnership InvArch Network with RMRK

From the inception of the InvArch project, Bruno (RMRK’s CEO) joined the advisory team, the RMRK team liked the idea of intellectual property (IP) tokenization and the team decided to help create a decentralized IP repository.

RMRK created the concept of “NFT 2.0”, it can be compared to “lego” pieces, because you can improve your NFTs, add new elements to them, which are also NFTs. You will need to take care of your NFT, because it will also affect the appearance and the value of your NFT. RMRK takes the NFT world to a whole new level, people can create more unique and special NFTs that could only come from actions that you performed. It also increases all the variability of choices.

InvArch Network creates a platform to tokenize intellectual property into NFTs. A person uploads his property files to the platform and they become NFTs (IP Files), then they all have to be combined into an IPS (IP Set), a collection of IP Files. To implement the integration of NFTs into one whole, InvArch will use RMRK NTF Pallets, which is exactly the same NFT 2.0 technology. It is worth specifying that Invarc will be the first laundry to integrate RMRK NFT Pallets into its code.

RMRK NFT Pallets will be the main type of file where IP (intellectual property) will be stored. It is also worth specifying that this protocol supports cross-chain and multichain data transfer, so users will be able to use in other networks without problems.

Tinkernet — parachain that already uses RMRK NFT Pallets

Canary network InvArch Network — Tinkernet has already been launched on Kusama and very soon will be. zamining the first IPS in the network, whose name will be — INV4-Git and will use it to store program code files in a decentralized storage (in the blockchain). Also, very soon we will be able to create our own IPS files with our own IP files, which will be stored as RMRK NFT Pallets.

Using Tinkernet you can start using RMRK NFT Pallets and learn what NFT 2.0 is and why it is the future of the NFT trend.

Future Plans for using RMRK NFT Pallets in InvArch Network

At the moment, the team is working on launching all the functionality spent on Kusama for IP tokenization in NFT and storage in the blockchain. When everything is done and done on Kusama, then the team will move on and go to launch their spent on Polkadot, which will also use RMRK NFT Pallets.

After the implementation of the XCA protocol, RMRK technology (NFT 2.0) will be able to be used in other networks in conjunction with the INV4 protocol.

How the RMRK Standard powers the InvArch Network

RMRK is a huge contributor to the InvAarch project, without NFT Pallets from RMRK it would be much more difficult to implement a solution for tokenization and storage of IPs in the form of “flexible” NFTs that can be bundled and merged into one.

About RMRK

RMRK Parachain built on the Kusama blockchain, which is the canary network of the Polkadot blockchain. This platform allows developers to create NFTs easily using the blocks that are already available. The idea is that anyone can build an NFT with small details, just like with Lego. NFTs here can be owned or equipped by other NFTs. For example, some characters can have a hat, a backpack, or a helmet. NFTs created on this platform are liquid and compatible with the connected parachains. In order to start using the platform, customers have to go through the verification process, after which everyone is granted with 10 RMRK tokens.

RMRK also created the Singular NFT marketplace on the Kusama network, where you can sell/buy various NFTs.

More about RMRK Technology :

RMRK Parachain was launched on Kusama in 2021, from that moment the history of Remarks formation as a new NFT standard in the Dotsama ecosystem began. RMRK raised $6 million to build a NAT marketplace on Kusama — Singular and build a new type of NFT — “NFT 2.0”. Also worth mentioning is the RMRK Skybreach — NFT Metaverse collection.

New Dutch Auction will be in 123 days. At this auction, people can buy lands in the RMRK metaverse and then use them to use the beautiful world of Kanaria.

Not all lands have been branded yet, so you can still have time to get into some butch and buy land, I also advise you to follow the Twitter of the project, because they constantly hold land contests (before the start of the butch).

Features

• Truly on-chain avatars — Your avatar is an upgradeable NFT via interactions with the metaverse. You can keep the benefits of your avatar for life, or choose to sell it if possible (some items or benefits are soulbound).
• Digital economy facilitated by provable scarcity — All components of the Skybreach metaverse including the land, are NFTs. Like in the real world, every interaction has meaning.
• Decentralized world governance — The community has the power to change every aspect of the game. Including but not limited to: avatars, stories, new skylands, etc.
• Story-based Metaverse — Players can choose to spend their time unraveling the story and participating in world-changing quests, or they can idle and enjoy the chill-out environment of Skybreach’s pixelated skylands. Hypercasual at its core, Skybreach is for everyone.

What is Kanaria?

Kanaria — is the world’s first NFT Launchpad framework. As soon as this NV collection was born, people could buy eggs for KSM and then birds hatched from there, which still bring profit to their owners.

These birds will be used to interact in the RMRK metaverse. Also, until now, bird holders receive permanent awards in the form of receiving various SF and whitelists from projects in the Dotsama ecosystem.

About InvArch Network

InvArch — IP Meta Protocol for secure storing IP Assets on Polkadot based on Substrate framework. InvArch included 3 different protocols for creating, storing and exchanging IP data. IP is stored on the network using the innovative RMRK NFT 2.0 technology. Main parachain will be launched on Polkadot in the end of 2022 year.

After the launch of the Polkadot, the team will continue to develop its entire ecosystem and integrate with other parachains that will use INV4 and other protocols.

I also want to tell you about the virtual machine from InvArch, which allows you to create applications for the use and development of IP in blockchain InvArch. InvArch Blockchain will be a very powerful blockchain that plans to use all the power of the NFT and IP.

Twitter — https://twitter.com/InvArchNetwork
Medium — https://invarch.medium.com/