About

Rarible operates as a digital marketplace where users can buy, sell, and create digital collectibles. The platform is built on the Ethereum blockchain, which ensures that transactions are secure and that users can trade digital assets without needing to trust a central authority. Users can create their own unique digital collectibles, which they can then trade with others on the platform. Rarible stands out from its competitors by being one of the first marketplaces to utilize blockchain technology for digital asset trading, providing a decentralized and transparent environment. The company's goal is to empower users to own and trade digital assets freely while generating revenue through transaction fees.

Simplify's Take

What believers are saying

• Partnership with PropyKeys expands Rarible's market beyond digital art.
• Collaboration with Celo Foundation could increase user base via eco-friendly blockchain.
• 'Here For The Art' initiative strengthens Rarible's brand as an artist supporter.

What critics are saying

• Increased competition from OnChain Studios' new marketplaces may draw users away.
• Aleph Zero's fast EVM Layer-2 solution could attract users from Rarible.
• Minting real-world home addresses as NFTs may face regulatory scrutiny.

What makes Rarible unique

• Rarible is a decentralized NFT marketplace built on the Ethereum blockchain.
• It allows users to create, buy, and sell digital collectibles securely.
• Rarible offers a custom community marketplace builder and white-glove marketplaces.

Help us improve and share your feedback! Did you find this helpful?

YesNo