Rarible Price (RARI)

Rarible (RARI) is a platform that strives to facilitate the creation and trading of non-fungible tokens (NFTs), unique digital items such as artworks and game items. The platform offers a fully-featured marketplace that is sorted and filtered using various categories The RARI token is a key component of the platform, as it is used to reward active users and for participating in the governance of the protocol. Rarible intends to become more than just a marketplace for digital collectibles and art, aiming to create an autonomous ecosystem governed by RARI holders.

Rarible operates by allowing users to create or "mint" NFTs and is accessible to those with little to no experience with NFTs. This enables artists and creatives to create and sell their digital products with zero barriers to entry while benefiting from the security provided by blockchain technology. The Rarible platform and protocol is an autonomous ecosystem that is governed by RARI holders, who are tasked with voting on governance proposals. Rarible aims to transition to a fully decentralized autonomous organization (DAO) structure in the future.

Rarible seeks to provide a solution to the limitations faced by the intellectual property market, such as challenging licensing and paperwork requirements. NFTs represent an easily accessible alternative available to anyone with just a few clicks. The platform aims to empower artists and creatives by allowing them to create and sell their digital products with zero barriers to entry. Additionally, Rarible intends to use part of the revenue to subsidize the first mint transaction (NFT creation transaction) for users, among other business strategies to fuel the growth of the platform.

Rarible was co-founded by Alexei Falin and Alexander Salnikov in early 2020. Falin, the CEO of Rarible, is also the co-founder of Sticker.Place, a computer software company that specializes in stickers. Salnikov, the head of product at Rarible, was the co-founder of Zenome and the ICO Director of Humaniq, a blockchain-based project that provides tools to the unbanked. The Rarible team, based in the US, consists of almost a dozen employees, many of whom are artists. The total supply of RARI is capped at 25,000,000, and its current circulating supply depends on user participation.

We update our Rarible to GBP currency in real-time. Get the live price of Rarible on Coinbase.

The current market cap of Rarible is £51.69M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Rarible is £37.04. This all-time high is highest price paid for Rarible since it was launched.

Over the last 24 hours, the trading volume of Rarible is £351.22K.

Assets that have a similar market cap to Rarible include SelfKey, ALTAVA, Pirate Chain, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Rarible is 25 million.

The median time that Coinbase customers hold Rarible before selling it or sending it to another account or address is 11 days.

Rarible ranks 166 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 100% of Coinbase users are buying Rarible. In other words, 100% of Coinbase customers have increased their net position in Rarible over the past 24 hours through trading.

Yes, Rarible is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Rarible guide.