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Rarible is an NFT marketplace helping approximately 1.6 million users mint and trade digital collectibles. Rarible is pursuing a decentralized governance model as its management, in true web3 fashion. What once was a centralized operation, the platform is transitioning its controls to a decentralized autonomous organization (DAO) of the Rarible community, facilitated by the RARI governance token.
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Out of 14 ranked NFT Marketplace
ReviewsSee all reviews
Email templates are great
Has everything you need
Free version is great
Keeps me up to date
Gives you options
Saved lots of time
Account setup is hard
Customer service is bad
Account is locked
Issues with verification
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Ethereum, Solana, Polygon, Others
Browser, Mobile, Tablet, Desktop
Artworks, Collectibles, Video Game Assets, Domain Names, Music, NFT Fashion, Miscellaneous Online Items
Top NFT Leaderboards
Ethereum-Based NFT Marketplace
Unique NFT ID
NFT Inventory Storage
NFT Seller Information
NFT Availability Status
Auction-Based NFT Marketplace
Buying and Auction
Domain Names NFT
Android Mobile App
Early Access Sales
Third Party Links
General Data Protection Regulations (“GDPR”)
California Consumer Privacy Act (“CCPA”)
Children’s Online Privacy
IP Address Masking
Services Privacy Policies
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Frequently Asked Questions
The Rarible marketplace is a platform where you can purchase, display, and sell digital works of art. What sets Rarible apart from other platforms is they seek to truly democratize its operations and move towards a decentralized model for all participants. As a result, what started as a centralized way to collect NFTs is now slowly transitioning its control of the platform to a decentralized autonomous organization (DAO) that will be run collectively by Rarible community members, supported by the RARI governance token.
Rarible is one of the most prominent and widely praised NFT platforms in the market. Its primary claim to fame is being the first marketplace to launch a governance token that formed the basis for its decentralized autonomous organization, also known as DAO.
However, the fee structure is slightly heavier than their competition, with split transaction fees. Their fees can be 2.5% of the total sale facing both the buyer and the seller. Buyer can avoid the fees if the seller agrees to pay the complete 5%.
Nevertheless, Rarible seeks to stay competitive by offering lazy minting, the RARI rewards system, and an open source and non-custodial marketplace.
Rarible makes it easy for beginner traders to start exploring NFT collections. It provides more sophisticated features for seasoned traders. Traders need no coding skills to use Rarible, making it particularly friendly to beginners. Rarible offers cutting-edge digital tokens that would likely well-fit a veteran collector’s wallet.
As a step further, for advanced users, Rarible offers the Rarible Protocol, an open-source technology that allows you to build your own NFT solutions and products.
The Rarible token, RARI, is an ERC-20-built governance token that grants holders voter influence for decisions affecting Rarible’s development. Similar to owning shares of stock in a company and participating in ballots that shape the company, the RARI token allows its holders to propose changes to the platform and put them to a vote for all community members to weigh in, allowing vested interest in the outcome. There is a maximum supply of 25 million tokens. At the time of launch, 60% of the total supply will be dedicated to a reserve fund meant for rewarding platform users for their loyalty and activity.
Creating your own NFTs, also known as minting, on Rarible is pretty straightforward.
Step 1: Firstly, you’ll need to have your ETH wallet set up, funded, and at the ready.
Step 2: After connecting your wallet to Rarible, click Create and select the preferred blockchain and your desired collection type (a one-of-one edition or series).
Step 3: Once selected, the platform will direct you to the final minting page, where you’ll be able to upload your artwork and determine the selling price, royalty percentage, and the format in which you want to conduct the sale.
Step 4: If you’re satisfied with your selections, you can proceed with Create Item!
Depending on the blockchain you selected, you’ll likely have to pay a gas fee associated with the mint. Of course, you can avoid the gas fees by conducting a “lazy mint,” but this simply passes on the charges to your first buyer, potentially deterring some collectors.
Rarible offers a simple, quick way to purchase NFTs and support digital artists on their platform. The process is as follows:
Step 1: Sign in to Rarible by connecting your wallet to the site.
Step 2: Locate the collectible(s) you want to purchase. As a heads up, it’s good practice to double-check the verification status of the NFT’s collection (if applicable) by confirming they’ve earned the yellow checkmark from Rarible!
Step 3: Once you’ve found the NFT you wish to purchase, hit Buy at the bottom of the page, followed by Confirm, and then, lastly, approve the transaction in your wallet.
Step 4: Voila! You are now the proud owner of a unique, non-fungible collector’s item.
Now, if you wish to sell an NFT on Rarible, follow these steps:
Step 1: Locate the token in your profile, and click Put On Sale.
Step 2: Choose between a fixed-price sale, open for bids, or timed auction in which you set a time limit to collect bids and award the sale to the highest bidder as the timer winds down.
It’s that simple!
There are many wallet solutions you can use to connect to Rarible. Some popular ones include MetaMask, Rainbow, Fortmatic, Coinbase Wallet, Portis, and MyEtherWallet (MEW).
MetaMask is one of the most widely adopted ETH wallets, providing both a mobile app and browser plug-in. Fortmatic, on the other hand, is an excellent wallet for beginners. Finally, Coinbase allows you to make a business account as well.
Yes, Coinbase wallets are compatible with Rarible! Other viable options include Metamask, Fortmatic, and a few more ETH-based wallets. Furthermore, trading for the RARI coin is supported by Coinbase’s cryptocurrency exchange as well.
Mining on Rarible, also known as Marketplace Liquidity Mining, holds a different definition than the traditional “mining” you would hear in the context of crypto or web3. Essentially, Rarible encourages you to participate in the NFT marketplace through RARI coin incentives that are awarded for buying or selling collectibles. You can “mine” RARI simply by participating actively in NFT trading, earning yourself greater voting rights. Each week Rarible sets aside a pool of RARI to be distributed to the users who were actively buying and selling NFTs.