With the booming development of cryptocurrency and blockchain technology, NFT art, as an emerging force in the digital age, is reshaping the art world in an unprecedented way. As a leader in the NFT market, SuperRare not only opens up an unprecedented display stage for artists, but also provides a convenient and secure digital art trading platform for collectors worldwide. However, as the platform's influence expands, ensuring the security and legality of each artwork has become a major issue faced by SuperRare and its users.
What is SuperRare?
SuperRare, a social network of art creators and collectors rooted in blockchain technology, is reshaping the pattern of the digital art world in an unprecedented way. The platform cleverly relies on the Ethereum blockchain to empower artists to create and tokenize unique digital artworks, while also building a secure, transparent, and vibrant trading market for collectors.
In the world of SuperRare, each digital artwork is carefully woven into a non-fungible token (NFT), which is not only the unique identity authentication of the artwork in the digital space, but also an immortal mark of the artist's creativity. Through the precise operation of smart contracts, artists can ensure the direct ownership of the royalties of their works, while collectors can enjoy the pleasure of purchasing and trading with peace of mind. Whether it is through intense bidding in auctions or direct transactions with fixed prices, the liquidity of NFTs makes them digital assets worth long-term investment.
Faced with the inevitable fraud and forgery problems in the traditional art market, SuperRare uses its Ethereum blockchain technology to safeguard the security and authenticity of artworks. The history and origin of the entire artwork are recorded in detail on an immutable distributed ledger, and any attempt to cheat will be exposed.
SuperRare is not just a trading platform, but also a community shared by digital art enthusiasts. Here, collections are endowed with social attributes, and artists and collectors can easily communicate around common passions, share inspiration and achievements. Within the platform, users can not only witness the style of top collectors and the rise of artists, but also gain a deep understanding of the stories behind each artwork and its circulation trajectory, including information about previous owners, creating a profound and unique cultural atmosphere.
With its outstanding contributions in the field of encrypted art, SuperRare has stood shoulder to shoulder with shining stars in the Ethereum DApp industry such as CryptoKitties and Gods Unchained, firmly ranking at the top of the NFT weekly value rankings, and jointly leading the new trend of the NFT market. SuperRare is proving with practical actions that the future of digital art is blooming brilliantly here.
How does SuperRare work?
The purpose of creating an encrypted art social network is to provide transparent ownership records for digital collectibles. It is an ideal platform for evaluating the value and background of items in the market. The network aims to solve problems such as lack of support for artists, fragmented NFT ecosystem, and planning and gatekeeping by a single team.
SuperRare cleverly integrates the core advantages of blockchain technology to build a bridge between artists and collectors, making the uniqueness, immutability and transparent transaction of digital artworks possible .
Blockchain technology empowers the art market
SuperRare's core competitiveness lies in its deeply integrated blockchain technology. Through this technology, each artwork published on the platform is minted into a unique non-fungible token (NFT) with exclusive digital identity and ownership proof. As an automated execution program on the blockchain, smart contracts are responsible for recording, verifying, and managing the creation, transaction, and copyright information of these NFTs, ensuring the transparency, fairness, and tamper-proof of the entire transaction process.
Artists' creative freedom and rights protection
On the SuperRare platform, artists have unprecedented creative freedom and rights protection. They can easily upload their digital works, including but not limited to digital paintings, 3D sculptures, animated short films, and set their own selling prices and copyright terms. This decentralized model breaks down the barriers of the traditional art market, allowing artists to directly face global audiences and gain market recognition and income in a more fair and efficient way.
A new experience for collectors
For collectors, the SuperRare platform provides an unprecedented digital art collection experience. They can browse excellent digital art works from all over the world on the platform, using blockchain technology to verify the authenticity and uniqueness of each work. The purchase process is also convenient and transparent, with smart contracts automatically processing transaction details to ensure instant exchange of funds and NFTs, while leaving complete transaction records for future traceability. In addition, collectors can also display their collections on the platform, communicate and share with other collectors, and jointly promote the spread and development of digital art culture.
Driving the prosperity of the digital art market
The emergence of the SuperRare platform not only brings a new trading experience for artists and collectors, but also has a profound impact on the entire digital art market. It lowers the threshold and transaction costs of art creation, stimulates more people's creative enthusiasm and willingness to participate; at the same time, through the introduction of blockchain technology, it enhances the value attributes and investment potential of digital artworks, attracting more capital and attention. In the future, with the continuous advancement of technology and the continuous expansion of the market, SuperRare is expected to become an important force leading the prosperity of the digital art market.
SuperRare founding team
In 2018, Charles Crane, John Crane, and Jonathan Perkins founded Super Rare - this team founded Pixura, which is the basic technology for running Super Rare. In addition to these executives, Super Rare also formed a community of collectors and creative people who are responsible for management.
It became a Decentralized Autonomous Organization (DAO) when it launched its token RARE in 2021. The organization is led by its collectors and creative community, promoting stricter control over decision-making and fund management. In addition to being driven by Ethereum, your NFTs are also fixed in smart contracts until they are sold. Similarly, unless you win the bidding when participating in the auction, your funds will not be deducted from your wallet.
In 2023, the SuperRare Labs team launched the Rare Protocol, a set of smart contracts on Ethereum aimed at promoting open planning and discovery of rare NFTs. The protocol is open to any participant. SuperRare users can stake the platform's native cryptocurrency RARE on their favorite creators to participate in the artist's rare fund pool. When creators sell their art NFTs, stakers in the rare fund pool will also receive cryptocurrency rewards from the sales.
As users continue to stake in different funding pools, the SuperRare protocol will create a series of curated lists, each containing various creator lists supported by stable communities. Therefore, the orchestrate list is closely intertwined with the rare funding pool, making the rare protocol a giant center for rare NFTs and talent discovery. The entire concept behind the rare protocol is to encourage the user community to actively explore and plan NFTs.
RARE Economic Tokenology
As SuperRare's ecological token, $RARE is an ERC-20 asset on the Ethereum blockchain. The total and maximum supply of $RARE is 1 billion.
The total published amount of $RARE is 1,000,000,000 RARE, and the current circulating total is 718,127,800 RARE, mainly used for the following functions:
Vote to select SuperRare Spaces operators . SuperRare Spaces are specific areas that have been reviewed by the community, where creators can showcase their work. Each space is operated by one or more operators. RARE holders can vote for these operators.
Vote for SuperRare DAO. Certain governance decisions regarding the operation of the platform are voted on by the community of RARE holders. One of the key votes is the allocation of DAO funds.
As a pledged asset in the rare protocol rare fund pool.
The distribution plan is as follows:
Community Treasury: 40.00% (400,000,000 RARE)
Team: 25.50% (250,000,000 RARE)
Airdrop: 15.00% (150,000,000 RARE)
Investors: 14.50% (145,000,000 RARE)
Strategic Partners & Future Contributors: 5.00% (50,000,000 RARE)