What Is SuperRare?
SuperRare is a marketplace specialized in trading unique, single-edition NFTs. The platform is notable for its social features, including the ability for users to follow each other, and its Spaces – independent primary markets for curated art.
Background
John Crain and Jonathan Perkins founded SuperRare in 2018.
How It Works
SuperRare operates with a strict application process for artists, ensuring that approved artists create each piece on the platform. This adds exclusivity and quality control to the art found on SuperRare.
In addition to trading NFTs, SuperRare introduced RARE, their governance token. RARE token holders can propose and vote on changes to the protocol, elect members of the governance council, change platform parameters, allocate the community treasury, approve Spaces, and more. The token is also used to incentivize platform usage and curate artwork.
Key Takeaways
- SuperRare is a specialized marketplace for trading unique, single-edition NFTs.
- The platform was founded by John Crain and Jonathan Perkins in 2018.
- SuperRare has social features, including the ability for users to follow each other and Spaces, which are independent primary markets for curated art.
- The platform operates with a strict application process for artists, ensuring that approved artists create each piece.
- SuperRare introduced RARE, their governance token, which can be used to propose and vote on changes to the protocol, elect members of the governance council, change platform parameters, allocate the community treasury, approve Spaces, and incentivize platform usage and artwork curation.
