Rarible
Rarible is a creator-centric NFT marketplace and issuance platform that utilizes the RARI token to empower users who actively interact with the protocol.
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Rarible
Rarible is a creator-centric NFT marketplace and issuance platform that utilizes the RARI token to empower users who actively interact with the protocol.
Rarible is a creator-centric NFT marketplace and issuance platform that utilizes the RARI token to empower users who actively interact with the protocol.
Users on the Rarible platform can easily create non-fungible tokens (NFTs) for unique digital items like artworks, game items and more. The platform offers users a fully-featured marketplace that is filtered and sorted using different categories to create a smooth and easy user experience.
Anyone can create and post NFTs on the Rarible marketplace. The RARI token is a fundamental pillar of the platform as it is used to reward active users and for participating in the governance of the protocol.
The Rarible team is based in Moscow and was co-founded by Alexei Falin and Alexander Salnikov in early 2020.
Alexei Falin is Rarible’s CEO, and also the co-founder of Sticker.Place, a computer software company that specializes in stickers. Falin graduated from the University of Southern California and the Higher School of Economics in Moscow.
Alexander Salnikov was the co-founder of Zenome and the ICO Director of Humaniq, a blockchain-based project that provides tools to the unbanked. Salnikov has founded more than five successful companies in the past and has extensive experience as a product manager. He now works as Rarible’s head of product.
According to the official Rarible LinkedIn page, the entire Rarible team consists of almost a dozen employees — many of whom are artists.
Rarible intends to become more than just a marketplace for digital collectibles and art through blockchain technology. The platform is used to create or “mint” NFTs with an extremely simple process that makes it accessible to those with little to no experience with NFTs.
This allows artists and creatives to create and sell their digital products with zero barriers to entry while still benefiting from the security enabled 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. In time, Rarible intends to transition to a fully decentralized autonomous organization (DAO) structure.
The entire NFT ecosystem is still fairly new, but Rarible is already aiming to use part of the revenue to subsidize the first mint transaction (NFT creation transaction) for users, in addition to other business strategies to fuel the growth of the platform.
The Rarible protocol is a solution to the limitations faced by the intellectual property market — such as challenging licensing and paperwork requirements. NFTs instead represent an easily accessible alternative available to anyone with just a few clicks.
The total supply of RARI is capped at 25,000,000 and its current circulating supply depends on user participation. As of November 2020, just over 850,000 RARI are in circulation.
The majority of RARI tokens (60%) are reserved for buyers and sellers on the Rarible marketplace. Every Sunday, 75,000 tokens are distributed to creators and collectors (50% each). This will be the case for at least 200 weeks after the marketplace launched. Rarible terms this process “marketplace liquidity mining.”
Additionally, an airdrop of 10% of the total supply is distributed among NFT holders (8%) and other Rarible users (2%). The remaining 30% of Rarible tokens will be gradually distributed to investors and the Rarible team.
The full tokenomics of the RARI token can be viewed on the official Rarible introductory post on Medium.
Rarible is a platform built on the Ethereum network. Its native governance token, RARI, is built on the ERC-20 token standard. The tokens created on the platform are minted using the ERC-721 non-fungible standard and are secured by the Rarible protocol.
Both ERC-20 and ERC-721 tokens are transacted on and secured by the Ethereum mainnet. This is a proof-of-work (POW), and soon-to-be proof-of-stake (POS) blockchain that uses a decentralized network of nodes and miners to ensure transactions are secure.
The transparency of the Ethereum blockchain can be used to certify and guarantee the uniqueness of NFTs traded on the Rarible marketplace — ensuring creators and collectors can be confident that their tokens are genuinely rare.
What Is Rarible (RARI)?
Rarible is a creator-centric NFT marketplace and issuance platform that utilizes the RARI token to empower users who actively interact with the protocol.
Users on the Rarible platform can easily create non-fungible tokens (NFTs) for unique digital items like artworks, game items and more. The platform offers users a fully-featured marketplace that is filtered and sorted using different categories to create a smooth and easy user experience.
Anyone can create and post NFTs on the Rarible marketplace. The RARI token is a fundamental pillar of the platform as it is used to reward active users and for participating in the governance of the protocol.
Who Are the Founders of Rarible?
The Rarible team is based in Moscow and was co-founded by Alexei Falin and Alexander Salnikov in early 2020.
Alexei Falin is Rarible’s CEO, and also the co-founder of Sticker.Place, a computer software company that specializes in stickers. Falin graduated from the University of Southern California and the Higher School of Economics in Moscow.
Alexander Salnikov was the co-founder of Zenome and the ICO Director of Humaniq, a blockchain-based project that provides tools to the unbanked. Salnikov has founded more than five successful companies in the past and has extensive experience as a product manager. He now works as Rarible’s head of product.
According to the official Rarible LinkedIn page, the entire Rarible team consists of almost a dozen employees — many of whom are artists.
What Makes Rarible Unique?
Rarible intends to become more than just a marketplace for digital collectibles and art through blockchain technology. The platform is used to create or “mint” NFTs with an extremely simple process that makes it accessible to those with little to no experience with NFTs.
This allows artists and creatives to create and sell their digital products with zero barriers to entry while still benefiting from the security enabled 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. In time, Rarible intends to transition to a fully decentralized autonomous organization (DAO) structure.
The entire NFT ecosystem is still fairly new, but Rarible is already aiming to use part of the revenue to subsidize the first mint transaction (NFT creation transaction) for users, in addition to other business strategies to fuel the growth of the platform.
The Rarible protocol is a solution to the limitations faced by the intellectual property market — such as challenging licensing and paperwork requirements. NFTs instead represent an easily accessible alternative available to anyone with just a few clicks.
Where Can You Buy Rarible (RARI)?
RARI is currently available to trade on several mid-tier exchanges, including MXC, Hotbit and Poloniex, as well as popular decentralized exchanges like Uniswap, Mooniswap and Balancer. The most popular trading pairs for RARI include RARI/WETH, RARI/USDT and RARI/ETH
If you’re looking to purchase RARI or other cryptocurrencies with regular fiat, check out our simple guide.
$RARI is NFT Rarible's native marketplace governance token designed to reward active users of the platform and their voice to make decisions about the future of the platform.
$RARI token distribution:
The majority (60%) of RARI's total supply is reserved for sellers and buyers in the Rarible Market. 75,000 tokens are being given away every Monday by 12 noon San Francisco to creators and collectors who have made a sale or purchase on Rarible in the past week. Both buyers and sellers equally receive 50% of the weekly distribution amount.
To kick off the token distribution, we are also running a RARI giveaway for all NFT holders. 10% of the total RARI offer is shared among everyone who purchased NFTs, regardless of the platform they used.
Who and how can get $RARI tokens:
Active users will receive 2% of the total RARI supply in accordance with the principle of Liquidity Mining: based on the previous volume in the Rarible market. Both buyers and sellers will receive 50%.
Registered owners/buyers of NFT from 20.07.2020
At this stage, 4% will be distributed among the Ethereum addresses of all NFTs with registered sales in Dune Analytics.
Other NFT owners. Will be announced.
Because we believe that Dune Analytics may not contain all of the data, we have implemented a third round of fixes. If you are not on the list, but you know that you own significant NFT assets - contact us! The second wave of distribution will be announced later.
Getting and using $RARI token:
RARI is not an investment token and must be earned by active participation on the platform. Every week, 75,000 tokens are issued, of which 50% are reserved for buyers and 50% for sellers. Therefore, to get RARI you should:
- Create and sell
- Collect NFTs
- Receive AirDrop as a Rarible user
- Get AirDrop as an NFT holder
A key part of the rights of token holders is the influence on the development of the platform. If the community wants it, anything is possible.
As a $RARI holder, you have the right to:
- Participate in the life of Rarible DAO
- Vote for platform updates
- Select works to add to Favorites
- Participate in moderation
Rarible DAO is constantly evolving, and so is its governance token $RARI! Starting from January 16, 2022, weekly $RARI distribution for trading NFTs on the Rarible.com marketplace will end as voted unanimously by the Rarible DAO community.
By doing so, the DAO is shifting focus to allocating more funds to next-gen web3 projects building on Rarible Protocol and the long term growth of the space.
What Is Rarible (RARI)?
Rarible is a creator-centric NFT marketplace and issuance platform that utilizes the RARI token to empower users who actively interact with the protocol.
Users on the Rarible platform can easily create non-fungible tokens (NFTs) for unique digital items like artworks, game items and more. The platform offers users a fully-featured marketplace that is filtered and sorted using different categories to create a smooth and easy user experience.
Anyone can create and post NFTs on the Rarible marketplace. The RARI token is a fundamental pillar of the platform as it is used to reward active users and for participating in the governance of the protocol.
Who Are the Founders of Rarible?
The Rarible team is based in Moscow and was co-founded by Alexei Falin and Alexander Salnikov in early 2020.
Alexei Falin is Rarible’s CEO, and also the co-founder of Sticker.Place, a computer software company that specializes in stickers. Falin graduated from the University of Southern California and the Higher School of Economics in Moscow.
Alexander Salnikov was the co-founder of Zenome and the ICO Director of Humaniq, a blockchain-based project that provides tools to the unbanked. Salnikov has founded more than five successful companies in the past and has extensive experience as a product manager. He now works as Rarible’s head of product.
According to the official Rarible LinkedIn page, the entire Rarible team consists of almost a dozen employees — many of whom are artists.
What Makes Rarible Unique?
Rarible intends to become more than just a marketplace for digital collectibles and art through blockchain technology. The platform is used to create or “mint” NFTs with an extremely simple process that makes it accessible to those with little to no experience with NFTs.
This allows artists and creatives to create and sell their digital products with zero barriers to entry while still benefiting from the security enabled 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. In time, Rarible intends to transition to a fully decentralized autonomous organization (DAO) structure.
The entire NFT ecosystem is still fairly new, but Rarible is already aiming to use part of the revenue to subsidize the first mint transaction (NFT creation transaction) for users, in addition to other business strategies to fuel the growth of the platform.
The Rarible protocol is a solution to the limitations faced by the intellectual property market — such as challenging licensing and paperwork requirements. NFTs instead represent an easily accessible alternative available to anyone with just a few clicks.
Where Can You Buy Rarible (RARI)?
RARI is currently available to trade on several mid-tier exchanges, including MXC, Hotbit and Poloniex, as well as popular decentralized exchanges like Uniswap, Mooniswap and Balancer. The most popular trading pairs for RARI include RARI/WETH, RARI/USDT and RARI/ETH
If you’re looking to purchase RARI or other cryptocurrencies with regular fiat, check out our simple guide.
$RARI is NFT Rarible's native marketplace governance token designed to reward active users of the platform and their voice to make decisions about the future of the platform.
$RARI token distribution:
The majority (60%) of RARI's total supply is reserved for sellers and buyers in the Rarible Market. 75,000 tokens are being given away every Monday by 12 noon San Francisco to creators and collectors who have made a sale or purchase on Rarible in the past week. Both buyers and sellers equally receive 50% of the weekly distribution amount.
To kick off the token distribution, we are also running a RARI giveaway for all NFT holders. 10% of the total RARI offer is shared among everyone who purchased NFTs, regardless of the platform they used.
Who and how can get $RARI tokens:
Active users will receive 2% of the total RARI supply in accordance with the principle of Liquidity Mining: based on the previous volume in the Rarible market. Both buyers and sellers will receive 50%.
Registered owners/buyers of NFT from 20.07.2020
At this stage, 4% will be distributed among the Ethereum addresses of all NFTs with registered sales in Dune Analytics.
Other NFT owners. Will be announced.
Because we believe that Dune Analytics may not contain all of the data, we have implemented a third round of fixes. If you are not on the list, but you know that you own significant NFT assets - contact us! The second wave of distribution will be announced later.
Getting and using $RARI token:
RARI is not an investment token and must be earned by active participation on the platform. Every week, 75,000 tokens are issued, of which 50% are reserved for buyers and 50% for sellers. Therefore, to get RARI you should:
- Create and sell
- Collect NFTs
- Receive AirDrop as a Rarible user
- Get AirDrop as an NFT holder
A key part of the rights of token holders is the influence on the development of the platform. If the community wants it, anything is possible.
As a $RARI holder, you have the right to:
- Participate in the life of Rarible DAO
- Vote for platform updates
- Select works to add to Favorites
- Participate in moderation
Rarible DAO is constantly evolving, and so is its governance token $RARI! Starting from January 16, 2022, weekly $RARI distribution for trading NFTs on the Rarible.com marketplace will end as voted unanimously by the Rarible DAO community.
By doing so, the DAO is shifting focus to allocating more funds to next-gen web3 projects building on Rarible Protocol and the long term growth of the space.
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