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Rarible: introduction to the rising NFT star | project

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Rarible is an NFT trading platform where users can create and trade digital collectibles.

Recently, NFT has gradually come into people's sight. More and more people start to pay attention to NFT collection, and more and more people start to invest in NFT. As a new NFT trading platform, Rarible is a rising star in the NFT field thanks to the issuance of governance token RARI and incentives.

Rarible is an NFT trading platform where users can create (" coin ") and trade digital collections. Although the trading platform was only launched in 2020, it has already generated more than $6 million in total platform sales. Rarible saw explosive growth in September, with monthly sales 10 times that of OpenSea, the NFT market leader. While NFT remains largely independent of the DeFi ecosystem, bull market excitement and liquid mining are rapidly pushing the two cryptic ecosystems together.

Rarible launched Governance Token RARI on July 15, 2020, allowing the most active creators and collectors on Rarible to vote for, manage and review any platform upgrade. In addition, the Rarible team will obtain RARI through weekly distribution based on the number of purchases and sales users make each week, and will call it "Market liquidity Mining."

Before RARI and the incentives to trade art on the Rarible platform, few people traded on the platform. Rarible's NFT turnover has exceeded $4 million since RARI went public, including $1.5 million on September 14 alone. While Rarible's year-to-date sales ($6 million) are still behind OpenSea's ($9 million), at the current rate, it will soon surpass OpenSea.

Introduction to tokens

Token name: RARI

Total issue: 25 million

Date of issue: 2020

Token allocation:

Investors and teams -- 30%

10% drop -

Market liquidity mining -- 60%

· 75,000 pieces of RARI will be distributed every Sunday in proportion to users who trade on Rarible this week. The distribution will be distributed on a 1:1 basis between buyers and sellers for 200 weeks starting from July 19, 2020.

Team to introduce

Alexander Salnikov, founder of Rarible, founded Cash With Wings, an encrypted lending platform, and has been working in the encryption field since 2012.