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Ethereum NFT

What the RARI token is used for

What the RARI token is used for. Rarible is a marketplace for digital art as non-fungible tokens via the Ethereum blockchain.

RARI token


RARI is the governance token for the Rarible marketplace.

  • Ideas are generally discussed via Discord or in the forum. And voted on off-chain via snapshot before proposal.

RARI token is used for


Users of Rarible can earn tokens.

  • Propose or vote on proposals for improvements.
  • Moderate community members.
  • Curate features artworks.
  • Promote members by proposing community or art grants.

What is Rarible


Rarible is a marketplace for digital art as non-fungible tokens via the Ethereum blockchain. Original artworks are tokenized and placed on the platform as NFTs, each with their own, unique value.

How RARI works


  • Go to the the site.
  • Connect your wallet (metamask or other)
  • Buy, sell or create NFTs.
  • Earn RARI tokens.

Token issuance


Total supply: 25,000,000

  • 30% team and investors.
  • 10% air-dropped to Rarible users and NFT owners.
  • 60% over 200 weeks to buyers and sellers (50/50) on the Rarible platform. Every Sunday, 75,000 tokens are released.

Competition


  • Opensea.io
  • NFT protocol

RARI price


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