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CryptoUnits - 1539+ Best Cryptocurrency Websites & Bitcoin Sites List of 2023!
By crypto worshipper
Cryptocurrency Forensics 🚀🌑
superrare.com
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Since the launch of the ERC721 token standard in 2017, the NFT market has grown significantly. Initially, the focus was on NFT-based games allowing users to own and trade in-game assets. However, the market dynamics shifted, resulting in a surge in demand for tokenized digital art and collectibles. SuperRare, a peer-to-peer NFT marketplace, positioned itself to capitalize on this shift by concentrating solely on digital art. This review examines how SuperRare has made a name for itself in the competitive NFT sector and outlines its pros and cons.
Founded in 2018 by John Crain, Charles Crain, and Johnathan Perkins, SuperRare is an NFT marketplace for minting, selling, and buying NFTs. It provides all the necessary tools to interact with other NFT users and ensures that the processes are user-friendly. SuperRare focuses on Ethereum's NFT ecosystem and only accepts ERC721 tokens, distinguishing itself in the Ethereum NFT landscape. While competing with platforms like OpenSea and Rarible, SuperRare stands out by attracting high spenders and positioning itself as a marketplace for sourcing unique and rare NFTs.
SuperRare's leadership understands the distinction between uniqueness and rarity, prioritizing digital artworks over collectibles. The platform curates and showcases rare artworks, contributing to its reputation for recording expensive purchases. SuperRare is transitioning to a decentralized governance system called SuperRare 2.0, empowered by the governance token $RARE, allowing stakeholders to influence protocol development.
SuperRare's design is tailored to digital artists, offering an easy-to-use NFT minting tool and a visually pleasing layout that favors simplicity.
To create NFTs on SuperRare, follow these steps:
For approved sellers on SuperRare:
Buying NFTs on SuperRare is straightforward:
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