SuperRare

What is SuperRare (SUPERRARE)?

SuperRare is a decentralized digital art market in which creators can create, trade, and collect unique tokenized artworks as NFTs. To provide support in the digital art ecosystem, it gives a platform for creators.

What Problem Does SuperRare (SUPERRARE) Solve?

SuperRare addresses:

• Artist Monetization: Enables artists to sell digital art directly to collectors.
• Art Authentication: Blockchain ensures that digital artworks are authentic and legitimately owned.
• Decentralized Marketplace: Gets rid of middlemen, allowing the artist to get back their share in bulk.

Why Does the Cryptosphere Need SuperRare (SUPERRARE)?

This crypto market profits from the existence of SuperRare by:

• Supporting Digital Artists: Allows a venue for digital artists to showcase their pieces and earn them money.
• Increased NFT Adoption: Encourages the use of NFTs in the art world.
• Safe Transactions: Guarantees that transactions conducted are secure and safe thanks to the inclusion of blockchain technology.

History & Achievements

SuperRare, which was launched in 2018, is one of the market leaders in the trade of digital art NFTs. It has promoted huge deals and a steadily growing community of artists and collectors.

Who Founded SuperRare (SUPERRARE)?

SuperRare, a company co-founded by John Crain, Charles Crain, and Jonathan Perkins, draws on backgrounds in art, technology, and entrepreneurship.

What Technology Does SuperRare (SUPERRARE) Use and How Does it Work?

SuperRare uses:

• Ethereum Blockchain: For creating and trading NFTs.
• Smart Contracts: Automate selling and transferring digital art.
• IPFS (InterPlanetary File System): Decentralized storage of digital artworks.

What Affects SuperRare (SUPERRARE) Price?

Factors of SUPERRARE prices:

• Market Sentiment: News and developments.
• Platform Adoption: More usage of the SuperRare platform.
• NFT Market Trends: Overall trends in the NFT market.
• Regulatory Changes: Cryptocurrency regulations.

How Many Tokens of SuperRare (SUPERRARE) Are in Circulation?

There are about 1,000,000,000 SUPERRARE tokens in circulation.

What is the Maximum Supply of SuperRare (SUPERRARE)?

The total supply of SUPERRARE tokens is fixed at 1,000,000,000.

What is SuperRare (SUPERRARE) Utility?

SUPERRARE tokens are for:

• Governance: Voting on protocol upgrades and changes.
• Staking: Allows one to earn rewards while participating in the governance of the platform.
• Transaction Fees: Within the SuperRare ecosystem.

Tokenomics of SuperRare (SUPERRARE)

SuperRare’s tokenomics include:

• Staking and Rewards: Incentivize SUPERRARE.
• Incentives: Rewards for user participation.
• Supply Cap: 1,000,000,000 tokens.

What is the All-Time High and All-Time Low for SuperRare (SUPERRARE)?

• All-Time High: $3.64 on October 11, 2021
• All-Time Low: $0.05122 on October 19, 2023

How and Where to Buy SuperRare (SUPERRARE)

SUPERRARE tokens can be acquired in the following major cryptocurrency exchanges:

• Binance
• Coinbase
• Gemini
• Kraken

Who Invested in SuperRare (SUPERRARE) at an Early Stage?

Some of the biggest VC names and angel investors in the NFT and digital art space are early-stage investors in SuperRare.

What are the Revenue Streams of SuperRare (SUPERRARE)?

SuperRare’s revenue streams include:

• Transaction Fees: Collected from the sale and resale of digital art on their platform.
• Listing Fees: From artists listing their artworks for sale.
• Secondary Market Fees: From resale of art.