# Kanaria 2: From the Ashes of Hou-ou

No, it's not the title of a bad 80s Kung-fu flick. It's Kanaria's (and RMRK's) next phase.

Our [Initial Collectible Offering](https://app.subsocial.network/@rmrkapp/kanaria-rmrk-s-initial-collectible-offering-7078) closed on June 30th, and what a ride it's been. We managed to [break](https://github.com/paritytech/substrate/pull/8963) Kusama itself [*twice*](https://github.com/paritytech/substrate/issues/9240), launched two platforms - [Singular](https://singular.rmrk.app) and [Kanaria](https://kanaria.rmrk.app) - and while we've been developing the [core](https://github.com/rmrk-team/rmrk-tools/pull/66) of the [most advanced NFT system in the world](https://url.rmrk.app/dawn) we commissioned 99 custom artworks, ran the [first non-runtime DAO on Kusama and probably the first ever NFT-DAO](https://app.subsocial.network/@rmrkapp/kanaria-dao-proposal-1-results-16541), established partnerships with almost all of the heavy hitters in the Kusama ecosystem, are still running an [art contest](https://kanaria.rmrk.app/artcontest) for 40 custom artworks, and are working together with major players from the Ethereum world on bridges, reimplementations, and stronger standardization.


In total, [the fires of Hou-ou](https://app.subsocial.network/@rmrkapp/the-fires-of-hou-ou-18600) ended up consuming 1185 out of 9000 Limited Edition eggs and 153 out of 900 Rares. Yes, the rares missed their last bonus by only 3 eggs :(

Needless to say, the claim exceeded our wildest expectations. In the beginning even 50% was a distant dream, but with a unique sale angle, working products, and a good vision, we've proven that we can create demand and establish symbiotic relationships across the entire ecosystem.

The burned eggs contained 1171521.0356 $RMRK, or 11.7152% of the total supply. With growing CEX interest and 88% of the tokens in the hands of the community, this means our original [tokenomics](https://url.rmrk.app/wp-pub) plan needs a revamp - more on that in a separate post as we get our bearings and decide what to do.

## Snapshot and Token Allocations

The token allocation snapshot took place on July 1st, noon CET. Here's what this means:

- every account that held eggs on July 1st noon CET has been assigned a token allocation based on these eggs. The allocation is visible at [kanaria.rmrk.app/tokens][k].
- you can now send the eggs around, sell them, destroy them, hatch them - your token allocation will remain unchanged.
- **if you lost access to the account which had eggs on July 1st, noon CET, you HAVE LOST ACCESS TO YOUR TOKENS. We will NOT be moving the allocation to a new account because it is not possible to prove that you owned that account.**
- the tokens will be minted as soon as Statemine, the chain on which we will be minting them, is permissionless and we're allowed to mint.
- you will have until **the end of 2021** to claim the tokens once they are minted. You will claim them on [kanaria.rmrk.app/tokens][k]. **ALL INSTRUCTIONS WILL BE PUBLISHED THERE, no need to do anything yet.**

## Stats

We have 1711 individual egg holders, with an average of 5 eggs per holder. Here's what the curve of eggs per holder looks like:


In total, people have sent in 1'200'000 emotes with an average of 121 per egg. Before Kusama's fees were reduced, we spent a total of 54KSM on emotes, and after another 78KSM at 50x less cost 😱

Of all 8661 claimed eggs, 7971 are hatching at this moment. 217 accounts seem to have completely forgotten about Kanaria (they only have unhatched eggs), effectively forgetting about a 3086 KSM (~$600,000 based on an exchange rate of $200 per KSM).

Of the 99 Founder eggs, 90 are hatching and 9 are rotting (fingers crossed they survive! 🤞).

In terms of our partnerships and referral links:

- Unifty leads the way with a whopping 4 Founder eggs, 6 Rares and 94 (!!) Limited Edition eggs. Lots of [unicorn birds](https://app.subsocial.network/@rmrkapp/rmr-kable-unifty-birds-14809)!
- Bifrost is the runner-up with 17 Rares and 102 Limited Editions! Looks like people [really want Huginn and Muninn](https://twitter.com/RmrkApp/status/1408096840814366721?s=20), and who could blame them with looks that cool!
[](https://twitter.com/RmrkApp/status/1408096840814366721)
- Acala: 9 Rares and 146 Limited Editions, opening the door to [collateralized Kanaria birds and RMRK farming with yield from fungibilized Kanara in DeFi](https://app.subsocial.network/@rmrkapp/karura-x-rmrk-de-fi-meets-nf-ts-16860).
- Unique Network: 2 Rares and 160 Limited Editions, showing that people REALLY care about [cross-project equippable NFTs](https://twitter.com/RmrkApp/status/1403002304500887557?s=20).
- [Khala](https://app.subsocial.network/@rmrkapp/rmrk-and-phala-form-strategic-partnership-16670): 3 Rares and 50 Limited Editions. They're also offering [some fancy gems](https://twitter.com/PhalaNetwork/status/1410431733481148417?s=20) 😱
- Zeitgeist: 2 Rares and 53 Limited Editions, a total of [55 birds ready to predict the future](https://app.subsocial.network/@rmrkapp/rmrk-and-zeitgeist-predict-the-future-together-16596).
- Bit.country: 2 Rares and 70 Limited Editions, clearly indicating people want to reuse their RMRK NFTs [inside of metaverses](https://app.subsocial.network/@rmrkapp/upgrading-the-metaverse-bit-country-rmrk-17794)!
- [Plasm](https://app.subsocial.network/@rmrkapp/plasm-s-shiden-and-rmrk-s-kanaria-join-forces-18153): 39 Limited Editions.

Additionally,

2 Rares and 57 Limited Edition eggs were claimed after [this tweet](https://twitter.com/RmrkApp/status/1410155268961353731?s=20), increasing their chances for Polkadot and Kusama related visuals, whereas the 2 Rare and 46 Limited Edition eggs purchased after one of the Hou-ou tweets ([1](https://twitter.com/RmrkApp/status/1409945804442329089), [2](https://twitter.com/RmrkApp/status/1407239602709094400?s=20), [3](https://twitter.com/RmrkApp/status/1406597881692409874?s=20), [4](https://twitter.com/RmrkApp/status/1394648819720232962?s=20)) will get an increased chance for fire-related visuals.

[k]: https://kanaria.rmrk.app/tokens

###### tags: `rmrk`