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RARE

RARE SuperRare

Currency:
🇺🇸 USD
🇺🇸 USD - US Dollar
🇨🇳 CNH - Offshore Chinese Yuan
🇯🇵 JPY - Japanese Yen
🇰🇷 KRW - South Korean Won
🇭🇰 HKD - Hong Kong Dollar
🇦🇺 AUD - Australian Dollar
🇪🇺 EUR - Euro
🇨🇭 CHF - Swiss Franc
🇬🇧 GBP - British Pound
🇨🇦 CAD - Canadian Dollar
🌐 TWD - Taiwan Dollar
🇲🇾 MYR - Malaysian Ringgit
🇸🇬 SGD - Singapore Dollar
🇳🇿 NZD - New Zealand Dollar
$ 0.0126
+$0.00008616 +0.69%
$0.0127
24H High
$0.0123
24H Low
$3.79
All-Time High
$0.009898
All-Time Low
457.82M
24H Volume
$5.73M
24H Turnover
1.00B
Total Supply
$10.37M
Market Cap
3.05%
24H Range
825.48M
Circ. Supply
$0.0126
Prev Open (UTC+8)
$0.0126
Prev Close (UTC+8)
82.55%
Circulation Ratio

RAREMarket

  • Trend
  • K-Line

RARE Summary

SuperRare (RARE) is a pioneering platform in the non-fungible token (NFT) space, specifically focusing on digital art. It operates as a marketplace where artists can mint and sell unique, one-of-a-kind digital artworks, and collectors can discover and acquire them. The platform distinguishes itself by emphasizing curated, high-quality art, aiming to build a more discerning and authentic art market within the blockchain ecosystem. SuperRare was one of the early movers in bringing digital art to the blockchain, fostering a community of artists and collectors.

The RARE token is the native cryptocurrency of the SuperRare network, designed to decentralize the governance of the platform. Token holders are granted the ability to participate in the SuperRare DAO (Decentralized Autonomous Organization), allowing them to vote on key decisions regarding the platform's future, including community proposals, artist grants, and the evolution of the marketplace. This governance model aims to empower its community, shifting control from a centralized entity to its users and stakeholders.

The primary utility of the RARE token lies in its role in governance, enabling community members to shape the SuperRare ecosystem. Beyond governance, the token can also be used to curate and manage the art marketplace, influencing which artists and artworks are featured. This mechanism incentivizes active participation and ensures that the platform remains aligned with the interests of its community.

SuperRare holds a notable position within the digital art segment of the NFT market. Its focus on curation and quality has attracted a specific niche of artists and collectors, contributing to its reputation as a premium marketplace for digital art. The platform continues to evolve, adapting to the dynamic NFT landscape while maintaining its core commitment to supporting digital artists and fostering a vibrant art community on the blockchain.

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