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Rarible

RARI

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About Rarible

RARI is an Ethereum token that powers Rarible, a community-owned marketplace for creating, selling, or collecting NFTs. RARI can be earned by using the platform and can be used to curate content and vote on platform upgrades.

Rarible (RARI) is a platform that strives to facilitate the creation and trading of non-fungible tokens (NFTs), unique digital items such as artworks and game items. The platform is designed to be user-friendly, offering a fully-featured marketplace that is sorted and filtered using various categories for a seamless user experience. The RARI token is a key component of the platform, as it is used to reward active users and for participating in the governance of the protocol. Rarible intends to become more than just a marketplace for digital collectibles and art, aiming to create an autonomous ecosystem governed by RARI holders.

Rarible operates by allowing users to create or "mint" NFTs through a simple process, making it accessible to those with little to no experience with NFTs. This enables artists and creatives to create and sell their digital products with zero barriers to entry while benefiting from the security provided by blockchain technology. The Rarible platform and protocol is an autonomous ecosystem that is governed by RARI holders, who are tasked with voting on governance proposals. Rarible aims to transition to a fully decentralized autonomous organization (DAO) structure in the future.

Rarible seeks to provide a solution to the limitations faced by the intellectual property market, such as challenging licensing and paperwork requirements. NFTs represent an easily accessible alternative available to anyone with just a few clicks. The platform aims to empower artists and creatives by allowing them to create and sell their digital products with zero barriers to entry. Additionally, Rarible intends to use part of the revenue to subsidize the first mint transaction (NFT creation transaction) for users, among other business strategies to fuel the growth of the platform.

Rarible was co-founded by Alexei Falin and Alexander Salnikov in early 2020. Falin, the CEO of Rarible, is also the co-founder of Sticker.Place, a computer software company that specializes in stickers. Salnikov, the head of product at Rarible, was the co-founder of Zenome and the ICO Director of Humaniq, a blockchain-based project that provides tools to the unbanked. The Rarible team, based in the US, consists of almost a dozen employees, many of whom are artists. The total supply of RARI is capped at 25,000,000, and its current circulating supply depends on user participation.

Market

Market stats

Market cap

$69.5M

Volume (24h)

$817,938.84

Circulating supply

23.8M RARI

Typical hold time

12 days

Popularity

#559

All time high

$46.55

Market performance

Price change (1h)

0%

Price change (1d)

-2.99%

Price change (1w)

-4.28%

Price change (2w)

+3.37%

Price change (1m)

-18.49%

Price change (1y)

+141.13%

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Social

Some highlights about Rarible on social media

827 unique individuals are talking about Rarible and it is ranked #235 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Rarible has an average sentiment score of 3 out of 5. Finally, Rarible is becoming more newsworthy, with 0 news articles published about Rarible. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Rarible. There were 17.01% of tweets with bullish sentiment compared to 15.46% of tweets with a bearish sentiment about Rarible. 67.53% of tweets were neutral about Rarible. These sentiments are based on 194 tweets.

On Reddit, Rarible was mentioned in 79 Reddit posts and there were 152 comments about Rarible. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

827 people

Posts

181 posts

Dominance

0.04%

Volume rank

#235

Average Sentiment

3 out of 5

Twitter

Reddit

Posts

79

Comments

152

Post Score

58

Comment Score

63

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Rarible is on the decline this week.

The current price is $2.92 per RARI with a 24-hour trading volume of $817.94K. Currently, Rarible is valued at 93.74% below its all time high of $46.55. This all-time high was the highest price paid for Rarible since its launch.

The current circulating supply of Rarible is 23,834,553.004 RARI which means that Rarible has as total market cap of 23,834,553.004.

FAQ

What is the current price of Rarible?

We update our Rarible to USD currency in real-time. Get the live price of Rarible on Coinbase.

What is the market cap of Rarible?

The current market cap of Rarible is $69.49M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Rarible?

The all-time high of Rarible is $46.55. This all-time high is highest price paid for Rarible since it was launched.

What is the 24 hour trading volume of Rarible?

Over the last 24 hours, the trading volume of Rarible is $817.94K.

What other assets are similar to Rarible?

Assets that have a similar market cap to Rarible include SelfKey, ALTAVA, Pirate Chain, and many others. To see a full list, see our comparable market cap assets.

How many Rarible are there?

The current circulating supply of Rarible is 24 million.

What is the typical holding time of Rarible?

The median time that Coinbase customers hold Rarible before selling it or sending it to another account or address is 12 days.

What is the relative popularity of Rarible?

Rarible ranks 148 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Rarible?

Currently, 100% of Coinbase users are buying Rarible. In other words, 100% of Coinbase customers have increased their net position in Rarible over the past 24 hours through trading.

Can I buy Rarible on Coinbase?

Yes, Rarible is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Rarible guide.