RARI (RARI)
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About RARI
Rarible is an NFT marketplace and platform that allows creators to mint, showcase, and trade their digital assets. It provides an accessible space for artists, collectors, and developers to engage in the NFT ecosystem. The $RARI token, used for governance and ecosystem incentives, is distributed as rewards for marketplace activity. The RARI Foundation oversees the Rari Protocol and related infrastructure, driving adoption and supporting web3 communities through decentralized governance. Launched in 2020, $RARI has a total supply of 25 million tokens, positioning it as a key player in the rapidly evolving landscape of NFT and decentralized finance (DeFi).
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Frequently Asked Questions about RARI
What is Rarible?
Rarible is an NFT marketplace and platform where creators can mint, display, and trade NFTs. It offers a decentralized ecosystem that empowers artists and collectors to engage with digital assets.
What is the $RARI token?
$RARI is the native token of Rarible, used for governance and distributed as rewards for marketplace activity. Token holders can participate in decisions that shape the development of the Rari Protocol and its infrastructure.
Where can I buy $RARI tokens?
$RARI tokens are available on various cryptocurrency exchanges, including Coinbase, Gate.io, CEX.io, and decentralized platforms like Uniswap and Sushiswap.
Where can I store $RARI tokens?
$RARI tokens can be stored in wallets that support Ethereum-based assets, such as Bitcoin.com Wallet, along with other Ethereum-compatible wallets like MetaMask and Trust Wallet.
What is the Rari Foundation?
The Rari Foundation governs the development of the Rari Protocol and its infrastructure, driving adoption among web3 communities. It oversees on-chain governance, ensuring decentralized decision-making.
What is the Rari Protocol?
The Rari Protocol provides decentralized NFT infrastructure, enabling seamless minting, trading, and development of NFT-based applications. It serves as the foundation for Rarible and other Web3 projects.
How is governance managed in the Rari ecosystem?
Governance decisions in the Rari ecosystem are made through on-chain voting using a Governor contract. $RARI holders can vote on protocol upgrades, funding allocations, and other ecosystem developments.
What is RARI Chain?
RARI Chain is a Layer 3 blockchain built on Arbitrum, designed to support the creator economy. It implements node-level royalties, ensuring fair compensation for artists and developers in the NFT space.
How does Rarible support creators?
Rarible offers tools for creators to mint NFTs, set royalty structures, and showcase digital assets. The marketplace also rewards user participation with $RARI tokens, incentivizing engagement.
Is Rari a good investment?
Rarible's focus on NFT infrastructure, creator royalties, and decentralized governance positions it as a strong player in the Web3 space. However, as with any investment, research and risk assessment are advised before investing.