Kingdomly is a project designed to provide NFT tools within the Berachain ecosystem. In a recent interview, Kingdomly founder Ethan Rife shared insights into the platform’s purpose, its technical features, and its relationship with the broader Berachain community. Here’s a look at some of the key takeaways from that conversation.
What is Kingdomly?
Kingdomly aims to offer a suite of tools for NFT creation, minting, staking, and bridging. The platform is focused on making NFT development more accessible by providing a no-code solution, allowing users to create NFT collections without the need for technical expertise. According to Rife, the platform’s intent is to help creators streamline the process of generating and launching NFTs.
Rife also discussed his background, noting his experience in finance and economics, and how it shaped the development of Kingdomly. The project emerged as an effort to address the complexities of NFT creation by offering features such as customizable whitelists, private minting, and tools for generating NFT artwork.
Why Build on Berachain?
Kingdomly was developed with Berachain’s proof-of-liquidity consensus model in mind. Berachain’s mechanism allows capital traditionally locked in validators to be utilized in liquidity pools and decentralized finance (DeFi) applications. This model, according to Rife, was one of the reasons Kingdomly chose to build within the Berachain ecosystem, as it offers increased capital efficiency that could potentially benefit NFT marketplaces.
Tackling NFT Minting Issues
One of the challenges Kingdomly recently faced was an attack by minting bots during a public mint. Rife explained that while minting bots are often seen as a “champagne problem,” they still disrupt the desired outcome for creators seeking broad distribution. The attack was a contract-level exploit that allowed bots to mint large portions of the collection quickly, taking away the opportunity from legitimate users.
To combat this, Kingdomly has developed a new feature known as Mint Access Forms, which will allow for more robust whitelisting and ensure fairer distribution during public mints. This approach will help minimize the influence of bots and ensure that NFT collections are distributed as intended.
Upcoming Features and Roadmap
As Kingdomly continues its development, the platform plans to roll out several features in the near future:
Creator V3: This will offer improved tools for NFT generation, including advanced customization for NFT creators.
Marketplace: Kingdomly is working on launching its own marketplace to facilitate NFT trading directly on the platform.
Bridge: The introduction of a bridge solution will allow NFTs from other chains to be brought over to Berachain, aiming to enhance interoperability.
NFT Staking: A staking feature is also being developed, enabling users to stake their NFTs and earn rewards.
These features are aimed at expanding the platform's functionality, providing additional tools for creators and users alike. The upcoming staking feature is positioned as a way to increase user engagement by offering a form of reward for holding NFTs.
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