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SuperRare

RARE

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Market

Market stats

Market cap

$86.4M

Volume (24h)

$157.2M

Circulating supply

549.2M RARE

Typical hold time

6 days

Popularity

#357

All time high

$3.79

Price change (1h)

-0.77%

Price change (24h)

+11.2%

Price change (7d)

+47.45%

About SuperRare

RARE is an Ethereum token that governs the SuperRare DAO, which oversees key platform parameters, allocates funds from the Community Treasury, and votes on proposed improvements to the network and protocol. The RARE token allows the SuperRare platform to be community-owned with diverse curatorial voices.

What is SuperRare?

SuperRare (RARE) is a platform for non-fungible tokens (NFTs), with a focus on digital art. It has facilitated the collection of a substantial amount of digital art and compensated artists with royalties. SuperRare 2.0, a newer version of the platform, includes features such as web-scale curation, independently running storefronts, and sovereign minting contracts. This enables artists to mint, promote, and sell their works directly to collectors. SuperRare 2.0 operates as a decentralized autonomous organization (DAO), which means the community owns and governs the network. The platform's key parameters, community treasury funds, and proposed improvements are all managed through community voting.

How does SuperRare work?

SuperRare operates by addressing three key challenges in the digital art ecosystem: curation and gatekeeping by a single team, limited support for artists, and fragmentation of the NFT art ecosystem. To solve these issues, SuperRare introduced Spaces, independently-run storefronts that curate art and artists, promote sales, run auctions, and collect commissions. Each Space can launch its own branded ERC-721 token and invite artists to mint NFTs with them. Additionally, self-sovereign minting contracts allow artists to deploy a custom NFT minting contract, enabling them to tokenize and sell their art as uniquely independent artists.

What are the potential use cases for SuperRare?

SuperRare seeks to offer artists a platform for direct interaction with collectors. It also offers a solution for art curators and collectors, who can run their own Spaces, curate art and artists, promote sales, and collect commissions. Each Space can launch its own branded ERC-721 token, allowing it to operate as a sovereign crypto art gallery. Furthermore, SuperRare's self-sovereign minting contracts provide artists with the opportunity to tokenize and sell their art as uniquely independent artists, offering an alternative to minting on a shared contract with other artists.

What is the history of SuperRare?

SuperRare initially functioned as a platform where the core team selected artists to mint their works on a shared smart contract as SuperRare NFTs. However, with the launch of SuperRare 2.0, the platform has begun to decentralize, shifting ownership and governance of the network to the community. SuperRare 2.0 launched on a specific date. The platform is governed by a seven-person governance council that controls the Community Treasury via a 4-of-7 multi-sig wallet. The total supply of RARE, the platform's native token, is 1 billion, with distribution to the core community, the Community Treasury, core contributors at SuperRare Labs, investors, and strategic partners.

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Social

Some highlights about SuperRare on social media

16 unique individuals are talking about SuperRare and it is ranked #1,682 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, SuperRare has an average sentiment score of 3 out of 5. Finally, SuperRare is becoming more newsworthy, with 0 news articles published about SuperRare. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly bullish about SuperRare. There were 50% of tweets with bullish sentiment compared to 5.56% of tweets with a bearish sentiment about SuperRare. 44.44% of tweets were neutral about SuperRare. These sentiments are based on 18 tweets.

On Reddit, SuperRare was mentioned in 0 Reddit posts and there were 0 comments about SuperRare. 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

16 people

Posts

15 posts

Dominance

0%

Volume rank

#1,682

Average Sentiment

3 out of 5

Twitter

Coinbase Bytes

Coinbase Bytes

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SuperRare is on the rise this week.

The price of SuperRare has risen by 47.45% in the past 7 days. The price increased by 11.20% in the last 24 hours. In just the past hour, the price shrunk by 0.77%. The current price is $0.16 per RARE. SuperRare is 95.91% below the all time high of $3.79.

The current circulating supply is 549,164,537.271 RARE.

FAQ

What is the current price of SuperRare?

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

What is the market cap of SuperRare?

The current market cap of SuperRare is $86.35M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of SuperRare?

The all-time high of SuperRare is $3.79. This all-time high is highest price paid for SuperRare since it was launched.

What is the 24 hour trading volume of SuperRare?

Over the last 24 hours, the trading volume of SuperRare is $157.18M.

What other assets are similar to SuperRare?

Assets that have a similar market cap to SuperRare include Metars Genesis, Bifrost (BFC), ATOR Protocol, and many others. To see a full list, see our comparable market cap assets.

How many SuperRare are there?

The current circulating supply of SuperRare is 549 million.

What is the typical holding time of SuperRare?

The median time that Coinbase customers hold SuperRare before selling it or sending it to another account or address is 6 days.

What is the relative popularity of SuperRare?

SuperRare ranks 228 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of SuperRare?

Currently, 67% of Coinbase users are buying SuperRare. In other words, 67% of Coinbase customers have increased their net position in SuperRare over the past 24 hours through trading.

Can I buy SuperRare on Coinbase?

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

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