What is RMRK Token, How and Where to Buy?

Esat Demirtaş 30 January 2023Last Updated: 30 January 2023

3 minutes read

What is RMRK Token, How and Where to Buy?

There is a fact that must be accepted that NFTs are now a part of our lives and therefore NFT projects will always be the center of attention. RMRK and the token unit of the same name, RMRK Token, managed to become a project that emerged as an NFT project and attracted attention in a short time.

In this article, we will try to convey all the details about RMRK (RMRK) with answers to questions such as what is RMRK and what is RMRK token, how to get it, where to buy it.

Contents

What is RMRK?

RMRK is an NFT lego set on the Kusama network of the Polkadot blockchain, providing infinite extensibility to NFTs, not needing parachains and smart contracts.

Started by a blockchain developer Bruno Skvorc in August 2020, RMRK is a consonant name for the word Remark.

RMRK, which is among the most advanced NFT protocols in the NFT field, provides infinite liquidity to the created NFTs, multi-network support by default and compatibility with new technologies. RMRK, which also allows easy NFT creation, is therefore extremely user-friendly.

To use the RMRK project, users must first verify an account. Each user who validates their account receives 10 RMRK Tokens as a reward. In addition, two projects are currently expected to be launched on the RMRK platform, namely Singular and Kanaria.

While the Singular project is an NFT marketplace project, the Kanaria project will be a multiplayer and NFT-based game.

What is RMRK Token?

The RMRK Token is the native token of the RMRK project and is more commonly known as RMRK Coin and is asked by the question, What is RMRK Coin?

The RMRK Token, printed on the Polkadot network, where the RMRK project was launched, is not an inflationary or deflationary token, and has a total supply of 10,000,000. 88% of this supply is allocated for the Kanaria project and distributed fairly, 5% is allocated to the founding team and the remainder is transferred to the exchanges.

RMRK Token, which cannot be staked, will also not enter any burning process. However, all transaction fees, transfer fees and NFT trading that must be paid in the RMRK project will take place on the RMRK Token. Therefore, as the project rises, this situation will reflect positively on RMRK Token.

How and Where to Buy RMRK Token?

Since the day it announced its name, RMRK Token has managed to become one of the most curious cryptocurrencies to purchase, along with the questions of where to buy RMRK Coin and how to buy RMRK Coin. The answer to the question of where to buy RMRK Token is classically the central crypto exchanges that list RMRK.

For the answer to the question of how to buy RMRK Token, you can buy RMRK Token on Gate.io, one of the central crypto exchanges that lists RMRK Tokens, by following the steps below:

Log in to your Gate.io Exchange account. If you do not have an account on the Gate.io Exchange, click here to create one.
After logging into your account, transfer the amount of RMRK Token you want to buy. You can use the Tron (TRX) cryptocurrency because of its affordable transfer fees.
After your transfer reaches your Gate.io account, go to the Markets page and type RMRK in the search section and select the RMRK/USDT parity.
Açılan sayfada satın almak istediğiniz miktarı belirleyin ve RMRK Satın Al (Buy RMRK) butonuna tıklayarak satın alma işlemini tamamlayın.

If you are looking for a detailed guide on the use of Gate.io Exchange, you can review our article titled Gate.io Exchange and Detailed User Guide.

Frequently Asked Questions About RMRK (RMRK)

In this section, we will try to answer the most frequently asked questions about the RMRK project and the RMRK Token. This section will be updated regularly in line with your questions.

What is RMRK Coin?

RMRK Coin is a cross-user term for the RMRK Token, but it is incorrect because RMRK is a token unit, not a coin.

Is RMRK a Project with a Future?

RMRK has managed to attract a lot of attention with its project today, when NFTs are becoming extremely popular, and it has attracted attention in a short time. We can think that we will see the project in very good places in the future.