As you may know on January the third Tookens Blockchain Technology SL promoted its Watafan smart contract to RSK MainNet taking advantage of the designated date to commemorate the 10th Anniversary of Bitcoin with a beautiful watacard illustrated by Joseph Díaz.
It is a pleasure for us to announce the agreement reached with RSK Labs to push hand by hand this technology beyond, trying to bring it near to the masses through our dApps Watafan and Watafan Idols by using RSK infrastructure.
Watafan Idols is a mobile DApp that allows Idols all around the world to create their own digital trading cards called watacards (ERC-721) commemorating important moments of their lives and immortalizing them into exclusive and scarce digital print runs.
Fans will be able to receive those watacards in their Watafan personal wallet directly from their idols wallet like an autographed is given but from device to device in a digital form.
A new kind of asset tradeable in a liquid and global marketplace with no intermediaries. Our Watafan Smart contract rules the business logic. Among other things it will bring fees to the content creator(the Idol) every time these watacards are sold into the Marketplace as a concept of copyright.
RSK is a powerful project built on the idea of how sidechains can scale Bitcoin. Some Important reasons why we’ve chosen RSK:
First- RSK does not have a native currency of its own, but it uses a token that is released after blocking in the main chain the corresponding bitcoin amount, having a parity of 1:1. This prevents the network from having to depend on a monetary incentive of its own that is strong and long-lasting.
Bitcoin has achieved this on the basis of a good alignment of incentives and a very strong network effect. This is a very difficult achievement we mustn’t underestimate.
Second- A very important concept called “Merge Mining” allows Bitcoin miners to earn extra money by using the wasted energy spent on the MainChain to solve blocks in secondary blockchains or sidechains. This concept allows to build projects with different features but using Bitcoin as a settlement Network and backing them with high hashpower.
Third- RSK has the same functionality than Ethereum, bringing more complex smart contract on top of Bitcoin.
Fourth- RSK has created a framework called RIF OS that will open the possibility for developers to create dApps easily on RSK by offering different tools as a domain services and distributed storage of data, among others.
Fifth- RSK team is really aligned with our view about evolving to a better world with no barriers and limitations. Inclusion and own control of our valuable assets are some of the goals we are looking for.
We are really excited about our dApps launching, We hope many people can get involved in the ecosystem without needing to know about programming languages, cryptography or mining itself while interacting with watacards created by idols they admire. Our vision is focused on the fact that our content creators(idols) can bring into the game many of their fans, therefore it seems a really good opportunity to expand the technology further.
Thanks to the RSK team for all the support and kindness.
I have no doubt this road will be exciting and encouraging.
Join us and help us to grow. Thanks all the community in advance.
The Watacard Revolution has just started!
Toni Moral (CEO & Founder)