What is SuperRare (RARE)? Exploring the Unique World of Crypto Art

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Bittime  - In this digital era, digital art has grown rapidly and become an integral part of modern culture. SuperRare is a leading crypto art platform that is revolutionizing the way artists create, sell and collect unique and rare digital art.

The platform provides ownership and control over works of art to artists and collectors, opening up new opportunities for the world of digital art. Let's dive deeper into SuperRare and discover the interesting features it offers .

What is SuperRare (RARE)?

SuperRare is a decentralized crypto art platform that allows artists to create, sell, and collect unique and rare digital works of art.

The platform was founded in 2017 with the aim of revolutionizing the art industry by providing ownership and control over works of art to artists and collectors.

SuperRare (RARE) Key Products & Features

1. Art Market

SuperRare offers a curated art marketplace where artists can showcase and sell their digital artwork in the form of NFTs ( Non-Fungible Tokens ). Every piece of art on SuperRare is unique and unalterable, giving the piece value and rarity.

2. Gallery

The platform provides personalized galleries for collectors, allowing them to explore and discover works of art that suit their tastes. Collectors can purchase works of art directly from artists or through auctions.

3. SuperRareDAO

SuperRareDAO is a decentralized autonomous organization that allows RARE token holders to participate in platform governance. The DAO is responsible for making important decisions about SuperRare's future, such as new features, funding, and partnerships.

4. SuperRare Labs

SuperRare Labs is a team focused on developing new technologies for the SuperRare platform. The team is working to improve the user experience, security, and scalability of the platform.

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What is RARE Token

The RARE token is an ERC-20 utility token used in the SuperRare ecosystem. This token has several main functions:

• Governance: RARE token holders can participate in SuperRareDAO and cast their votes on proposals that will determine the future of the platform.
• Rewards: RARE token holders can stake their tokens to earn rewards in the form of RARE tokens and NFTs.
• Payment: RARE tokens can be used to purchase art on the SuperRare marketplace.

Tokenomic Token RARE

• Maximum Supply: 1,000,000,000 RARE
• Circulating Supply: 648,299,872 RARE
• Token Allocation:
  • 60% - Public Sale
  • 20% - Team and Advisors
  • 10% - SuperRare Ecosystem
  • 10% - Reserve

RARE Price Today

Based on today's Bittime market, the price of RARE was observed to have decreased by 1.56 percent in the last 24 hours. Currently the RARE to IDR price is IDR 2259.

Source: Bittime

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SuperRare (RARE) Fundamental Analysis

• Community: SuperRare has an active and growing community of over 300,000 registered users.
• Trading Volume: Trading volume on SuperRare has increased significantly in recent years. In 2023, trading volume reached $340 million.
• Partnerships: SuperRare has established partnerships with several well-known companies in the blockchain and art industry, such as CoinList, Christie's, and Sotheby's.

Comparison of SuperRare (RARE) & Competitors

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Expert Opinion About SuperRare (RARE)

Experts in the blockchain and art industries are generally positive about SuperRare. Here are some opinions from experts:

• "SuperRare is the leading crypto art platform that is revolutionizing the way artists create, sell and collect art." - Meltem Demirors, Chief Strategy Officer CoinShares
• "SuperRare has a strong and active community of artists and collectors who are passionate about digital art." - Noah Davis, Managing Director Paradigm
• "RARE tokens are valuable utility tokens that provide their holders with governance rights and access to exclusive features on the SuperRare platform." - Matthew Roszak, Co-Founder & Chairman of Tally Capital

Founder and Team of SuperRare (RARE) Blockchain

SuperRare was founded by John Crain and Jonathan Perkins. The SuperRare team consists of experienced professionals in the fields of blockchain, art, and technology.

Conclusion

SuperRare is an innovative crypto art platform with huge potential to change the art industry. The platform offers a curated art marketplace, personalized galleries, and a RARE utility token used for governance, rewards, and payments.

SuperRare has an active and growing community, high trading volume, and partnerships with several well-known companies. Experts in the blockchain and art industries are generally positive about SuperRare and believe that the platform has a bright future.

How to Buy SuperRare (RARE) on Bittime

You can buy and sell  SuperRare (RARE)  in an easy and safe way via  Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

SuperRare (RARE)  is available on Bittime with  the market pair RARE/IDR . To be able to buy  RARE IDR  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 into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Learn  the complete guide on how to buy SuperRare (RARE) on Bittime . 

Monitor the  price  chart movements of SuperRare (RARE) ,  Ethereum (ETH) ,  Solana (SOL)  and other cryptos to find out today's crypto market trends in real-time on Bittime.

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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.