What is SuperRare?
SuperRare is an NFT marketplace that allows collecting and trading unique, single-edition digital artworks. Each artwork is authentically designed by the artists on the platform, then tokenized as a NFT for users to own and trade.
As one of the pioneering projects in the field of NFT, the SuperRare platform includes artworks with a total value of $90 million.
In order to expand the network and take advantage of Web3’s technology, SuperRare is working towards progressive decentralization, shifting ownership and governance to the community.
What problem does SuperRare 2.0 solve?
In SuperRare 1.0, a core team will manually select and approve artists and NFTs to join the network. Artists will be responsible for promotion and sale of their work to collectors.
However, this model has had some problems which will be solved in SuperRare 2.0.
- Curation and gatekeeping by a single, centralized team isn’t conducive to building a healthy, web-scale art ecosystem. Art is inherently subjective, and a diverse array of curatorial voices is needed.
- Artists deserve as much support with promotion and sales as possible. But as the community of artists in the space grows, the less promotion a single team can do for each one.
- The broader NFT art ecosystem has turned into a fragmented experience where artists and collectors have artworks arbitrarily segmented across platforms, and there’s no good way to manage one’s whole collection.
Key Features of SuperRare 2.0
SuperRare 2.0 includes 3 main products below:
- SuperRare Spaces: NFTs display place.
- SuperRare DAO: Decentralized organization consisting of the first RARE holders, which manages SuperRare Spaces and is run by the development team.
- Sovereign Smart Contract: Users can easily deploy and customize smart contracts and artworks minted elsewhere on SuperRare.
SuperRare 2.0 offers a unique experience for artists and collectors:
- Inspiring creativity through galleries with diverse styles and themes.
- Tokenizing works of art into NFTs to facilitate easy transaction.
- Allowing users to buy, sell and hold artwork as an asset.
- Providing NFTs auctions, optimizing liquidity for users.
RARE Token
RARE is the governance token of the SuperRare platform, used for the following purposes:
- Key parameters governance
- Community rewards
- Network voting
RARE Specifications
- Ticker: RARE
- Blockchain: Ethereum
- Token standard: ERC-20
- Total supply: 1,000,000,000 RARE
- Circulating Supply: 101,756,228.00 RARE
RARE Token Allocation
- Community Fund: 40% – 400,000,000 RARE
- SuperRare Labs: 25.5% – 255,000,000 RARE
- RAREdrop: 15% – 150,000,000 RARE
- Investors: 14.5% – 145,000,000 RARE
- Partners: 5% – 50,000,000 RARE
RARE token Price today
How to buy RARE
SuperRare (RARE) will be listed on Attlas Exchange at 14:00 on 2021/10/11 (UTC+7)
Traders can easily and securely buy RARE with lowest fees on Attlas Exchange.
Step 1: Download the app and register an account
Step 2: Select Market on the toolbar at the main screen
Step 3: Select Spot
Step 4: Find RARE
Step 5: Select Buy
Summary
This article is an overview of SuperRare (RARE), not a financial advise.
Users are advised to do their own research before making any trading decisions.