NFTs that grow with your users
Your users can now own their experience through Soulbound 2.0 tech.
Any action you decide is valuable to your project as performed by a user can now be registered as their reputation in the form of a non-transferable NFT inside their main “avatar” NFT.
A user’s reputation changes over time, is publicly readable for all on chain, and applicable to gating mechanics, perks, and more.
A global item economy built-in by default eliminates zero-sum games.
NFT collections used to compete for each other’s users, traders, collectors, or players. No more.
With reputational avatars and tradable equippables built-in, there is a cross-collection market automatically enabled allowing for trading one collection’s swag into another.
By growing over time and collecting “Soulbound 2.0 NFTs”, NFTs can become generational wealth.
Game characters with skill and gear, protocol-usage access passes that remember the proficiency of their owners, testimonials applied to digital identities - all truly owned by their owners.
Governance, Loyalty, Game Progress
Reputational avatars prevent wallet spam, encourage focus and loyalty, increase voter turnout, and fix token-weighted voting problems in governance.
Onboard your users
Gamify their activity
Increase retention through involvement
Ideas
Gaming
A game character is an NFT. This NFT can have a non-transferable NFT brain inside it, which has slots for equippable skills - also non-transferable but learnable skills.
Avatars can equip NFTs that are tradable, and grow reputation which is locked to them, earning levels, skills, traits, and more. Read more here.
Meritocratic voting
Traditionally, a DAO will have token whales dominate every vote. This is discouraging to those who want to participate but whose vote simply does not matter.
With reputational avatars, everyone - even the whales - starts at level 1. Not participating in governance means a whale can stay at level 1 while a token-midget achieves level 100, thereby outperforming the whale by many orders of magnitude in vote effectiveness.
Additionally, by giving voters context-specific reputation (salary increases, fee management, proxy runtime upgrades, account freezes), meritocracy can emerge in which two users at level 30 can have wildly different effectiveness of their votes, based on the type of votes they participated in in the past.
Loyalty programs
Starbucks, gas stations, shopping sites, frequent flyer miles, frequent stayer days… loyalty systems are plentiful.
With reputational avatars, a loyalty card is a parent NFT which collects non-transferable (soulbound 2.0) proof-of-purchase NFTs. Due to the openness of the blockchain, companies can value a user’s loyalty even to a competitor - Hilton offering discounted stays to people who had 5 or more Marriot stays, for example - to steal the loyal customer.
Event tickets
Similar to loyalty programs, an event patron can get a “ticket book” parent NFT. This NFT can collect event tickets - transferable NFTs - which, when used, turn into non-transferable (soulbound 2.0 or “reputational”) ticket stubs, indicating that they have been spent.
Over time, with enough used tickets of a certain type of event or a certain performer, this provable reputation of having been there, can be incredibly valuable for performers, event organizers, and ticket sellers.
FAQs
How do I learn about NFT 2.0 concepts?
Check out the non-technical RMRK docs. These explain everything the standard can do in a non-developer-oriented way.
How do I get started building with this tech?
Here is our EVM documentation. There is also a video tutorial series which you can consult for a step by step process of building an NFT 2.0 project.
We also have several ERCs and EIPs merged which you can consult when building your own NFT 2.0 project:
Who is behind the Reputational Avatar (Soulbound 2.0) project?
The team at RMRK.app. This project is a subset of RMRK’s NFT 2.0 functionality, applied specifically to the idea non-transferable evolvable reputation. For other concepts and possibilities, please see the non-technical RMRK docs.
Do I need to pay or use the xcRMRK token to use this technology?
No, the tech is fully open and not gated in any way.
We would appreciate it if you would integrate xcRMRK into your application in some way to add to the token’s utility, but this is entirely optional.