SuperRare stands out as a differentiated player in the market space NFT, offering a specially curated selection of high-quality NFTs. In this article, we cover everything there is to know about the SuperRare platform.
What is SuperRare?
SuperRare is a platform dedicated to buying, selling and trading NFTs. Equipped with interesting features, this platform is widely popular.
SuperRare Key Features
Careful Selection
SuperRare boasts a carefully curated collection, ensuring that only the best works are showcased on the platform. With a focus on quality over quantity, SuperRare maintains a strict selection process to feature only the most "super rare" works.
Statistics Platform
- Over 32,000 NFTs are available for sale
- Nearly 7,000 NFT owners on the platform
- Trading volume exceeding $100,000 for seven days
Ethereum Blockchain Integration
SuperRare exclusively supports Ethereum blockchain-based NFTs, setting it apart from other platforms that offer multi-chain compatibility.
The Team Behind SuperRare
Founded in 2018 by Charles Crain, John Crain, and Jonathan Perkins, SuperRare has a visionary team of creators and technologists.
Transition of the platform into a decentralized autonomous organization (DAO) in 2021 further strengthens its commitment to community-driven governance.
SuperRare's Commitment to Rarity and Brilliance
- Artist Selection Process
SuperRare uses a strict screening process to accept artists, ensuring that only a select few are accepted on the platform. With a success rate of just 1% for aspiring artists, SuperRare maintains high quality standards for its offerings.
- Partnerships in the World of Traditional Arts
SuperRare's collaborations with prestigious events such as Miami Art Week signal its efforts to bridge the gap between the physical and digital art worlds. By leveraging connections within the traditional art world, SuperRare creates unique opportunities for collectors and artists.
Audience Target
Although SuperRare is aimed at a diverse audience from a variety of industries, its elite approach may discourage beginners. With an average price point that tends to be high, SuperRare appeals to experienced collectors looking for exclusive and rare works of art.
NFT offering on SuperRare
In contrast to general NFT platforms, SuperRare specializes in art-focused NFTs, offering a special selection of Ethereum-based artwork.
While the platform's inventory may be smaller compared to others, its emphasis on quality makes it a premium destination for art fans.
Services Offered on the SuperRare Platform
Pass NFT
SuperRare is the premier marketplace for NFT trading, facilitating peer-to-peer transactions between artists and collectors. Users can connect their crypto wallets, browse available NFTs, and participate in auctions or live purchases.
Creation of NFTs
Aspiring artists can submit their work for consideration on SuperRare by completing a detailed application process.
Once approved, artists can mint their NFTs and showcase them on the platform, gaining exposure to a global audience of art fans.
SuperRare Platform Fees
SuperRare charges a commission of 3% for each transaction, with additional fees for sellers. Artists pay a gallery fee of 15% on initial sales, followed by a 10% royalty on resales.
Gas fees those related to minting NFTs on the Ethereum blockchain also apply.
Conclusion
SuperRare's commitment to quality and rarity has made it a premier destination for experienced collectors and artists in the NFT space.
While its exclusivity may limit accessibility for beginners, its curated selection and emphasis on excellence continues to attract a dedicated community of art fans.
How to Buy Crypto from Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti.
To be able to buy crypto assets at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds intowallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor graphic movement Bitcoin (BTC) price, Ethereum (ETH), Solana (SUN) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read also:
Bitcoin NFT, A Multifaceted Symbiosis
What is Autonomous NFT (aNFT) and the Features It Has
What is NFPrompt? The First AI-Based NFT Platform
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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