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Rarible is the marketplace for non-fungible tokens (NFTs). In other words, on Rarible, artists can create and sell their creations, such as books, music albums or art, and collectors can buy these digital assets as NFTs. It can also be used by artists to create a royalty system, where you can set a certain percentage as royalty for secondary sales. According to Notion, Rarible runs a verification process, which considers the creator’s social media presence and following as well as the number of minted and sold items, to show certain creators have enough proof of authenticity. RARI is the native governance token of Rarible, and it is designed to reward active platform users. 60% of RARI’s total supply is reserved for sellers and buyers on the marketplace, while 10% is for holders of NFTs regardless of the platform they used.
Rarible (RARI) is the 788th largest cryptocurrency in the world by market cap, valued at $18,590,609. The current price of Rarible is $1.61, which is -0.785% lower than yesterday. Prices have ranged between $1.63 and $1.59 over the past 24 hours. All prices are listed in US dollars and accurate as of March 31, 2023 04:03 UTC.
| Coin symbol | RARI |
|---|---|
| Coin Marketcap | US$18,590,609 |
| Total RARI supply | 25,000,000 |
| Circulating RARI | 11,578,870 |
| Current price | US$1.61 |
| All time high | US$46.70 |
| All time high date | March 29, 2021 |
| Notable team members | Alexei Falin, Alexander Salnikov |
| Industry | NFT marketplace |
| Token uses | Governance |
| Network | Ethereum |
Historical prices compared with the price of US$1.61.
| 1 hour | 0.17% |
|---|---|
| 24 hours | -0.79% |
| 7 days | -2.94% |
| 14 days | -2.92% |
| 30 days | -17.68% |
|---|---|
| 60 days | -31.33% |
| 200 days | -35.78% |
| 1 year | -83.85% |
Disclaimer: Cryptocurrencies, including Rarible, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of RARI is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Rarible or any other cryptocurrency discussed.
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