Exchange SuperRare (RARE) at the Best Rates

SuperRare Crypto: A New Word in the World of NFTs?

The vast world of crypto is not limited to meme coins and DeFi businesses. There’s a number of very unique crypto projects out there. They have stirred the market in the past and will likely do it again in the future. One of these projects is SuperRare. Being a network for artists and collectors, it tries to facilitate the creation, distribution, and curation of digital art pieces. The SuperRare network is comprised of the SuperRare protocol, DAO, RARE token, and other platform features such as SuperRare spaces. The protocol enables artists to tokenize their art via smart contracts to be sold on the SuperRare marketplace. The marketplace supports auctions and secondary markets allowing anyone to buy or sell SuperRare artworks. SuperRare spaces are digital art galleries used by curators or artists to issue, promote, and sell artwork or conduct auctions.

What Is SuperRare? NFTs and Crypto

SuperRare (RARE) is a premier non-fungible token (NFT) platform that has collected nearly $90m worth of digital art and $3m in artist royalties paid as of March 3, 2022. However, it does charge its members a good percentage of their art. At SuperRare gallery, you will have to pay 15.00% in gallery fees when you are the artist. Nonetheless, while 15.00% is on the highest end among NFT Marketplaces, it should be considered a very competitive fee compared to an ordinary physical art gallery (where 30-50% in gallery fees is not entirely uncommon).

SuperRare was launched as an NFT platform, and although NFTs are conceptually similar to cryptocurrencies, these digital assets might represent antiques and artworks, collectibles, etc. These tokens are stored cryptographically in a blockchain network for authentication and validation. Even when transacting, each token is sold as a whole, unlike cryptocurrencies which are divisible into smaller units. NFTs lose their value when split into smaller portions, however, they can be duplicated by the artist and each additional copy can be sold separately.

The SuperRare platform is built on Ethereum, a blockchain-based computing platform that allows artwork creation and ownership to be authenticated and verified. The digital currency, or cryptocurrency, native to Ethereum is called ether, or ETH. All transactions on SuperRare use ETH. Each user has an Ethereum account, also known as a wallet, where their NFTs are stored.

When art is added to SuperRare, it is tokenized, meaning a new, unique token (the NFT) is generated by the artists that collectors can purchase. The token is linked to the artwork, and represents a permanent record of provenance and collectible ownership of the artwork.

SuperRare History

The project was established in 2017 by John Crain, Charles Crain, and Johnathan Perkins, who are the CEO, chief technology officer, and chief product officer of SuperRare, respectively. They also founded Pixura, the firm that built the crypto collectible technology operating SuperRare.

SuperRare launched in 2018, becoming one of the first crypto art marketplaces. SuperRare commanded a large percentage of the total NFT art market until late 2020 with the introduction and growth of Nifty Gateway, Opensea, and Artblocks. 

In August of 2021, the SuperRare Labs team announced SuperRare 2.0 which introduced SuperRare spaces, the SuperRare DAO, custom 'series' smart contracts, and the RARE curation token. In the 1.0 version, the core team at SuperRare picked and approved digital artists to mint their works as SuperRare NFTs on a shared smart contract. The 2.0 version changed the process by coming up with web-scale curation, running storefronts independently on the SuperRare platform, and launched sovereign minting contracts for the digital artists to mint, promote and sell their art directly to collectors. 

These product advancements are all aimed at expanding the functionality of the network. SuperRare aims to become an entirely community-driven platform of artistic expression with governance and curation influenced directly through the RARE token. The total supply of RARE is 1,000,000,000.

SuperRare DAO

The SuperRare DAO is a decentralized organization of RARE Keepers who have a shared interest in shaping the future of art. The DAO oversees the treasury and platform features and is governed by SuperRare coin holders with execution by the SuperRare Governance Council.

Membership in the SuperRare DAO allows users to curate the platform, control marketplace parameters, and add their voices to the project. Here are what its members can do:

1. Vote on the art that gets on the platform: Members can participate in community curation and vote on new tastemakers via Spaces and the Space Race.
2. Improve the SuperRare platform: Members can expand platform capabilities by proposing and sponsoring improvements.
3. Get exclusive access to DAO events. RARE Keepers enjoy access to exclusive events, news, and alpha.

SuperRare Crypto Price Prediction

Digital art in crypto is a relatively new field, however, it’s been on the market for a while, and there’s been demand. Predictions for RARE token vary. PricePrediction experts believe that by 2032, SuperRare crypto will rise in price considerably - up to $5.43 at its peak. TechNewsLeader also believes that by 2032, SuperRare crypto will reach at least $5.72, but it can go even higher - up to $6.87. According to them, in 2025, RARE coin will cost from $0.39 to $0.44. Many experts and traders believe that SuperRare has been a great investment for a long time, however, it’ll only depend on whether the NFTs will continue its successful journey to the crypto top or not.

Where to Buy SuperRare Crypto?

StealthEX is here to help you buy RARE crypto. You can do this privately and without the need to sign up for the service. Our crypto collection has more than 700 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy RARE Token?

Just go to StealthEX and follow these easy steps:

1. Choose the pair and the amount you want to exchange. For instance, BTC to RARE.
2. Press the “Start exchange” button.
3. Provide the recipient address to transfer your crypto to.
4. Process the transaction.
5. Receive your crypto coins. 

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