Question 1

What is Rarible (RARI)?

Accepted Answer

RARI is an Ethereum-based ERC-20 token that serves as the native cryptocurrency for the Rarible protocol. As a decentralized autonomous organization (DAO), Rarible empowers RARI token holders with decision-making rights, enabling them to propose ideas and vote on platform upgrades. This governance model underpins Rarible's community-driven ethos, where users actively shape the platform's direction and policies​​​​.

Rarible is a prominent community-owned marketplace for creating, trading, and collecting non-fungible tokens (NFTs). The platform facilitates a direct connection between digital artists and purchasers, allowing for the monetization of digital creations like art, memes, and GIFs without intermediaries. It addresses the issue of digital art theft by providing NFTs as unique, non-interchangeable tokens, acting as certificates of authenticity. Rarible operates on the Ethereum blockchain and supports multiple chains like Ethereum, Tezos, and Flow, enhancing its versatility for trading digital assets. Additional features of the platform include secure transactions, timed auctions, royalties, a personalized activity feed, and more​​​​.

Question 2

What is Rarible (RARI) used for?

Accepted Answer

RARI tokens can be earned by participating on the Rarible platform and are primarily used within its ecosystem for curating content and participating in governance. The token's role in governance is pivotal, as it allows holders to influence the development and operational aspects of Rarible, aligning with the decentralized and community-driven nature of the platform.

Question 3

Who created Rarible (RARI)?

Accepted Answer

Rarible, established by Alex Salnikov and Alexei Falin, is a New York-based company.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	RARI-USD RARI-USD	coinbase	AA	0.08910USD	0.45%	98,508.96RARI	128	0.08870USD	0.08980USD
2	RARI-USDT RARI-USDT	kucoin	BB	0.08809USDT	0.70%	57,479.04RARI	3,809	0.08748USDT	0.08914USDT
3	RARI-USDT RARI_USDT	gateio	A	0.08875USDT	0.80%	54,791.00RARI	507	0.08805USDT	0.08964USDT
4	RARI-USD RARI_USD	cryptodotcom	AA	0.08942USD	1.96%	6,928.00RARI	11	0.08770USD	0.08985USD
5	RARI-USDT RARI_USDT	cryptodotcom	AA	0.08718USDT	0.00%	0RARI	0	0.08718USDT	0.08718USDT
6	RARI-EUR RARIEUR	kraken	AA	0.07720EUR	0.00%	1,611.25RARI	3	0.07720EUR	0.07720EUR
7	RARI-USD RARIUSD	kraken	AA	0.08860USD	-0.23%	1,346.44RARI	8	0.08880USD	0.09030USD
8	RARI-USDT RARI_USDT	coinw	-	0.09080USDT	1.11%	560,412.73RARI	6,436	0.08980USDT	0.09150USDT
9	RARI-ETH RARI_ETH	bilaxy	-	0.0₄8045ETH	0.00%	0RARI	0	0.0₄8045ETH	0.0₄8045ETH
10	RARI-BRL RARI-BRL	mercadobtc	C	0.4356BRL	15.60%	1,942.42RARI	3	0.3768BRL	0.4356BRL
11	RARI-EUR RARIEUR	bit2me	B	0.07720EUR	0.00%	1,611.25RARI	3	0.07720EUR	0.07720EUR
12	RARI-KRW rari_krw	korbit	C	172.40KRW	0.00%	0RARI	0	172.40KRW	172.40KRW
13	RARI-USDT RARI_USDT	poloniex	C	0.01500USDT	0.00%	0RARI	0	0.01500USDT	0.01500USDT
14	RARI-USDT RARIUSDT	hitbtc	E	0.1077USDT	-12.72%	0.02000RARI	4	0.1234USDT	0.1234USDT