SuperRare, a distinguished NFT marketplace, has made significant strides in the digital art sphere by amassing $90 million in art sales and distributing $3 million in royalties to creators. This platform has evolved from a centrally curated model to a decentralized system, empowering artists with greater autonomy.
SuperRare 2.0: Empowering Artists with Independent Showcases
Transitioning from its original curated system, SuperRare 2.0 now allows artists to independently mint and sell their art directly to collectors. The updated platform offers artists their own showcase spaces and separate minting contracts. This shift to a more open curation system supports a scalable art environment and artist independence.
The SuperRare network has adopted a decentralized autonomous organization (DAO) structure, enabling community governance over crucial decisions and platform improvements. This transition responds to the need for a more scalable art ecosystem and addresses the challenges of fragmented NFT collections and the limitations of a singular curation team.
SuperRare Spaces and Artist Flexibility
To tackle these challenges, SuperRare introduced “SuperRare Spaces,” which are independently operated galleries within the platform. Artists can now create and control their own NFT contracts, breaking away from shared contracts and forging their distinct creative paths.
RARE Coin Draws Investor Interest
As SuperRare gains traction, its native cryptocurrency, RARE, is garnering increasing attention from investors. As the NFT ecosystem expands, so does the allure of platform-specific cryptocurrencies like RARE.
For those interested in purchasing RARE, it is available on Binance, the world’s leading crypto exchange. Users can deposit fiat currency and trade for RARE using multiple pairs such as BTC, USDT, BUSD, and BNB. Binance also offers the option to set a limit order, allowing users to buy the coin at a predetermined price.