$NMKR is a utility token for use within the NMKR ecosystem, which aims to make decentralization usable for everyone by providing blockchain-powered products to solve real-world problems. The ecosystem comprises several products powered by NMKR Studio, which enables easy product development on different blockchains. $NMKR is also the first Cardano native token to be listed on a centralized exchange in compliance with Liechtenstein Blockchain Laws. It has multi-use cases within the Cardano NFT space, and users can engage with the platform and earn rewards by actively voting on ecosystem changes. The infrastructure is based on the Cardano blockchain, which uses a sustainable proof of stake protocol called Ouroboros.