SuperRare is an NFT marketplace built on the Ethereum blockchain as a leading Web3 project in the digital art world. Found! in 2018, the platform aims to provide a unique experience for artists and collectors. Artists guarantee the originality and ownership of their works by tokenizing their works on SuperRare NFT , that is, by binding them with a unique digital certificate. In this way, it is possible for works of art to be trad! and collect! in the digital world as in the physical world. SuperRare aims to create a strong community between artists and collectors, rather than just being a buying and selling platform. The works of art on the platform attract attention not only with their aesthetic value, but also with the story they have and the artist’s creative process.
SuperRare eliminates many of the problems in the traditional art market, offering artists greater autonomy and income. The platform transfers a large portion of the revenue from the sale of artworks directly to the artists, allowing them to earn more from their work. In addition, the sales history and ownership information of artworks on SuperRare are transparently record!, minimizing the risk of fraud while increasing the value of the artworks over time. SuperRare is consider! an important step for the future of digital art and continues to pioneer innovations in this field.
Working Principle and Features of SuperRare
SuperRare is a platform that works with phone number library NFT (Non-Fungible Token) technology, bringing the traditional art market to the digital world. Built on the Ethereum blockchain, SuperRare offers artists the opportunity to tokenize their digital works into unique and inimitable assets. In this way, each work of art is register! on the blockchain, and can be track! securely and transparently. The platform offers a user-friendly interface where artists can exhibit and sell their works, and collectors can access these works.
SuperRare’s working principle is quite simple
Artists convert their digital works into NFTs by uploading them to their accounts on the platform. These NFTs are represent! as a unique token on the Ethereum network, and the owner of this token also becomes what is thorchain (rune)? the owner of the relevant artwork. Buyers can buy these NFTs using Ethereum (ETH) or participate in auctions to own the works. Each sales transaction is completely transparent and secure, as it is record! on the Ethereum blockchain. SuperRare offers a number of additional features to artists and be numbers collectors. For example, there is a voting system for artworks on the platform. In this way, the most lik! works by the community are highlight! and artists gain more visibility. In addition, SuperRare offers a community space where artists can
interact with each other and chat about art. SuperRare’s economic model is quite advantageous for artists. The platform pays artists 85% of the first sales and 10% of the secondary sales. In this way, artists earn income not only from the first sale, but also from the trading of their works in the secondary market. Additionally, SuperRare’s low transaction fees and user-friendly interface allow artists to reach a wider audience. SuperRare is consider! an important step for the future of digital art and continues to pioneer innovations in the field.