Price of Rarible (RARI) today
As of the latest data, Rarible (RARI) is currently priced at $2.93 with a market capitalization of $70.09M. The 24-hour trading volume stands at $683.49K, The circulating supply of Rarible is approximately 23.83M. The cryptocurrency has seen a -0.68% decrease in value over the past 24 hours.
Best Rarible (RARI) Prices
About Rarible (RARI)
The asset with the ID 2550 is Rarible, also known by its symbol RARI. Rarible is a platform that allows users to create, buy, sell, and collect digital assets using blockchain technology. The platform leverages decentralized finance (DeFi) and non-fungible tokens (NFTs) to enable creators to tokenize their work and engage with a global community of buyers and collectors.
Rarible's key features include the ability to mint NFTs, create customizable storefronts, participate in auctions, and interact with other users through social features. The technology behind Rarible is based on blockchain, smart contracts, and decentralized storage, ensuring transparency, security, and immutability of digital assets on the platform.
Users can access Rarible through its website and social media accounts on Twitter, Reddit, Telegram, and YouTube. The platform also has a Discord community for users to engage in discussions, share insights, and collaborate on NFT projects. Rarible's logo and branding have undergone version updates, reflecting the platform's evolution in the digital asset space.
How does Rarible work?
Rarible is a decentralized platform built on blockchain technology that allows users to create, buy, sell, and collect digital assets such as art, music, and other collectibles. It operates on a peer-to-peer basis, enabling direct transactions between creators and collectors without the need for intermediaries. Rarible uses Ethereum blockchain and smart contracts to ensure transparency, security, and immutability of transactions. Its consensus mechanism relies on the Ethereum network's proof-of-stake protocol. One of Rarible's unique features is its governance token, RARI, which allows holders to participate in decision-making processes and earn rewards. This decentralized approach distinguishes Rarible from traditional financial systems, offering a more inclusive and democratic platform for creators and collectors to engage in a wide range of digital asset transactions. Use cases for Rarible include digital art marketplaces, music streaming platforms, and virtual reality experiences, showcasing its potential applications across various industries and platforms.
How to keep your Rarible (RARI) safe?
To keep your Rarible (RARI) safe, consider using hardware wallets like Ledger for enhanced security. These wallets store your private keys offline, making it harder for hackers to access your funds. Additionally, trusted platforms like Coinbase, Kraken, and Uphold offer secure storage options and insurance against theft or hacking. By utilizing these platforms and wallets, you can better protect your RARI tokens from potential security threats.