Bankless • May 27, 22
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Pooly NFTs, Rarible goes L2, Claire Silver debuts on SuperRare, & more!
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
The price of Rarible has fallen by 1.39% in the past 7 days. The price declined by 0.74% in the last 24 hours. In just the past hour, the price shrunk by 1.22%. The current price is $2.14 per RARI. Rarible is 96.64% below the all time high of $63.53.
The current circulating supply is 14,159,220.645 RARI.
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.
is a community-owned marketplace for creating, trading, and collecting . The platform to link creators who create digital art, memes, GIFs, etc. with the purchasers who decide the pieces they wish to purchase. In simple words, the network enables users to trade NFTs without intermediaries.
Many artists globally seek to monetize their art with a global audience. But there is always a threat of someone stealing that artwork and using it for their own purposes. This results in the creators not getting the value of their creation. technology has addressed this problem by creating non-fungible tokens, i.e., NFTs. Each NFT is a unique, non-interchangeable token that is like a certificate of authenticity for digital assets. Blockchain technology provides immutable records to prove the creators of the art.
Running on the blockchain, Rarible works as a platform where creators can create and trade their digital artworks and collectibles. As per , the Rarible marketplace makes it very convenient to monetize one’s hard work, and the creators can make a decent income by creating and trading NFTs. Further, the platform offers many features:
Multi-chain Support: It can be used on multiple blockchains like Ethereum, Tezos, and Flow. This multi-chain support makes the Rarible marketplace more comprehensive and flexible for trading.
Security: It offers a safe place to trade digital art. Every transaction is verified one by one.
Additional Features: The platform offers features like timed auctions, royalties, messenger, personalized activity feed, and more.
Diverse Creators and Brands: The platform hosts creators and brands like Lindsay Lohan, Lirona, Pak, Floyd Mayweather Jr., The Watcher, Aavegotchi, and more.
Coming to the , is the native token of the Rarible and the platform’s . RARI is an token and is primarily used for the platform’s governance. Rarible is a where the holders of the RARI tokens empower the protocol with decision-making rights, propose new ideas, and vote.
Falin, the CEO, also cofounded a computer software company named Sticker Place. Meanwhile, Salnikov, head of product, has a master’s in data science and has founded five other organizations.
The project is backed by many big names, like Coinbase, CoinFund, Venrock, Parafi, and more. And the road map suggests the platform is developing an application to make trading NFTs more user-friendly.
Rarible protocol issues a reward to participants every week. As per , 75,000 RARI tokens are issued to fuel the protocol and give out rewards. Of these tokens, 55% are allocated to the apps built on Rarible DAO. And the rest, 45%, are distributed to the DAO .
The holders are issued newly minted RARI tokens in the proportion of their stake.
The maximum total supply of tokens is capped at 25 million RARI tokens.
Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.
The price of 1 Rarible currently costs $2.14.
The current market cap of Rarible is $30.23M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Rarible is $63.53. This all-time high is highest price paid for Rarible since it was launched.
Over the last 24 hours, the trading volume of Rarible is $1.70M.
The current circulating supply of Rarible is 14 million.
The median time that Coinbase customers hold Rarible before selling it or sending it to another account or address is 10 days.
Rarible ranks 132 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Currently, 54% of Coinbase users are buying Rarible. In other words, 54% of Coinbase customers have increased their net position in Rarible over the past 24 hours through trading.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.