Everything you need to know about Kusama NFTs
If you haven’t heard of Kusama NFTs however, don’t worry – they’re definitely worth learning about. Kusama is a blockchain network often referred to as a Canary Network, and it is a central part of the wider Polkadot ecosystem. Essentially, Kusama acts as a sandbox for new blockchain projects, allowing developers to test and refine their ideas before launching. This means users can find many early Polkadot projects on Kusama. Let’s dive into what Kusama NFTs are and why they matter.
What’s so special about Kusama NFTs?
Most NFTs in the Kusama ecosystem are based on the RMRK platform standard. This means they come with RMRK benefits. RMRK, also known as ‘NFT Lego’ supercharger NFTS built on it. This makes tokens like Kusama NFTS very suitable for Metaverse and blockchain-based games.
RMRK is essentially a set of NFT Lego that gives NFTs infinite expandability. They are hosted on the Kusama blockchain, Polkadot’s canary network, without the need for parachains or smart contracts.
The Kusama network consists of chains that form an interconnected network of specialized chains that break down the walls of centralized networks. There are many interconnections, resulting in NFTs with greater utility.
NFTs created on the RMRK standard can:
- Be governed by a DAO (Decentralized Autonomous Organization)
- Has several resources associated with it
- Contains sub-NFTs
Kusama NFTs provide creatives, developers and artists with an innovative way to monetize and showcase their work globally. Let’s look at some Kusama NFTs:
Kusama Kingdom
This project was first launched in October 2021 with the Kusama Kings collection and then expanded into two series, Kusama Kings and Kusama Queens.
Per Kusama Kingdom, “The Kusama Kings and Queens are two of the most successful projects in the Kusama ecosystem….From the beginning, the goal was to create a project that focused on community, and we continue to add value as the project progressing.”
Owners of the Kusama Kings and Queens NFT series get access to the following:
- An exclusive Discord channel
- Private seed rounds of projects
- Possibilities for advance sales
- Invitations to IRL (In Real Life) events and meetups
Canary
Kanaria NFT is branded as cheap and environmentally friendly and has customizable features and platform bonuses. When they launched in September 2021, they were called the next generation of NFTs.
The collection contains a series where owners can contribute to egg hatching and adaptation of their birds. One of the many advantages of tokens is their characteristic fun qualities. In this way, Kanaria did not disappoint, as during that hatching phase owners could influence how their NFT birds would look by choosing from custom emotes.
The project’s success was not only limited to its innovative approach. In fact, RMRK also saw impressive sales figures, thanks in part to the gamified ‘Initial Collectible Offering’. Through this unique NFT crowdfunding model, the project managed to raise an impressive 6 million USD from exclusive egg sales. Canary is more than a digital work of art, ownership comes with many benefits:
“By claiming a Canary Egg for some $KSM, you not only get a beautiful piece of permanent digital art, but also participate in a paradigm shift of NFT technology and get in on the ground floor of a new ecosystem and a new and emerging industry. Your egg will hatch into a beautiful, functional bird that will provide long-term platform benefits to its owner.”
Moonload
By combining the power of NFTs with real-world afforestation, this unique initiative represents an exciting collaboration between RMRK and the environmental project RMTerra. Their ambitious partnership aims to plant more trees in areas of Portugal that have been devastated by fires. Moonglade serves as an excellent example of the innovative and impactful projects found in the RMRK ecosystem.
RMRK is proud to be an environmentally conscious organisation, and this project is a good fit. Per PolkaVerse, “we wanted to support initiatives that not only plant the forests, but also take care of these forests for a long time. We wanted to help grow diverse, fire-resistant ecosystems.”
Furthermore, the project tokenizes trees. You read that right. As part of the initiative, when a real tree grows from a sapling, a virtual tree is created, and when a virtual tree dies, it is marked by a special RMRK resource. As a result, this innovative project brings virtual and real benefits to NFT owners, but also to the planet at large.
Final thoughts on the Kusama NFT ecosystem
Kusama NFTs are not standard ERC-721 NFTs and that is what makes them worth knowing. As blockchain ecosystems continue to develop, we will see the utility of NFTs expand and change. Kusama NFTs are far from the only advanced blockchain-based tokens leading the way, and hopefully they won’t be the last.
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*All investment/financial opinions expressed by NFT Plazas are from personal research and experience of our site moderators and are intended as educational material only. Individuals are required to research all products before making any type of investment.
Author and writer who likes to simplify topics in blockchain technology.