Hello Kusama & Polkadot community

Who are we?

KodaDot is an inclusive, open-source NFT marketplace on the Kusama network that fosters collaboration and sustainability. With support from its core team and over 100 contributors, KodaDot prioritizes creators, developers, and community members from diverse backgrounds. The platform emphasizes environmentally responsible practices, collaborating with Offsetra and RMTerra for emissions compensation and global reforestation efforts. KodaDot's success and commitment to quality have earned it the top position in GitHub's "polkadot" topics, demonstrating its strong presence in the decentralized application landscape ranking as #1 dApp in Polkadot.

Overview of proposal

This proposal focuses on integrating RMRKv2 into KodaDot, a community-driven and inclusive NFT marketplace on the Kusama network, in response to RMRK’s shift towards Ethereum Virtual Machine (EVM) support. The goal is to provide Kusama users with continued access to a sustainable and accessible platform for NFT trading using the latest RMRKv2 standard.

Funding requested:

$100,000, divided into two installments ($72k for Milestones 0-3, $28k for Milestones 4-7)

Full proposal link:

https://docs.google.com/document/d/1q1EJ7OAUwKzC4wjjMATOJxZWLKo9kxS8137Or_Y4rME

Requested amount:

• $72,000 for milestones 0-3 (Completed)
• $28,000 for milestones 4-7 (Ongoing & Upcoming)

Context of the proposal:

By integrating RMRKv2 into KodaDot, this proposal aims to fill the gap left by RMRK's focus on EVM and maintain a sustainable, inclusive platform for NFT trading within the Kusama network. The goal is to strengthen the Kusama NFT ecosystem through the integration of RMRKv2 and foster community engagement, innovation, and cross-chain collaboration. The implementation process, milestones, partnerships, and success criteria are detailed in the proposal context.

Objectives

• Integrate RMRKv2 into KodaDot to provide Kusama users with a sustainable and inclusive platform for NFT trading and engagement.
• Strengthen the Kusama NFT ecosystem through collaboration, innovation, and cross-chain integration.
• Ensure continued success and growth of Kusama's NFT ecosystem, catering to creators, collectors, and traders using the latest RMRKv2 standard.

What happens if the implemenation doesn’t happen?

If the implementation does not happen, the Kusama community and NFT creators, collectors, and traders would miss out on the following benefits:

• Seamless access to a thriving NFT marketplace that supports the RMRKv2 standard.
• A dynamic ecosystem for artists, developers, and collectors, enabling more robust and versatile NFT creations.
• Encouraging further innovation and development within the Kusama network, allowing for the expansion of projects and use-cases.
• Enhanced user experience and greater trading opportunities within the NFT ecosystem as a result of a community-driven development process.
• Improved opportunities for cross-chain integration, partnerships, and collaborations within the broader Kusama and Polkadot ecosystems.
• NFTs, as long-term assets with potential for value appreciation, require a focus on growth and maintaining value. KodaDot's RMRKv2 integration offers unique content on the Kusama network, promoting NFT sustainability and value in the evolving digital space. With a robust custom implementation, KodaDot provides reliable data longevity for NFT transactions and serves as a dependable NFT explorer. Furthermore, KodaDot's efficient and optimized platform outperforms competitors, as its bundle is 270 times smaller, ensuring resilience in the NFT trading process.