Rarible

Rarible

Decentralized marketplace for digital collectibles

About Rarible

Simplify's Rating
Why Rarible is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Rating Differentiation

Industries

Crypto & Web3

Consumer Goods

Company Size

51-200

Company Stage

Series A

Total Funding

$15.5M

Headquarters

Los Angeles, California

Founded

2019

Overview

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 list for sale or trade with others. 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 have full ownership of their digital assets while facilitating a vibrant marketplace for digital collectibles.

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Simplify's Take

What believers are saying

  • Integration with Berachain could increase Rarible's user base and transaction volume.
  • The 'Here For The Art' initiative may attract more creators to the platform.
  • Partnership with PropyKeys opens new markets for NFTs beyond digital art.

What critics are saying

  • Emerging competition from OnChain Studios could divert users from Rarible's marketplace.
  • Aleph Zero's Layer-2 solution may attract users away from Rarible's platform.
  • Collaboration with PropyKeys may face legal and regulatory challenges.

What makes Rarible unique

  • Rarible is built on the Ethereum blockchain, ensuring a secure trading environment.
  • It offers a custom community marketplace builder, enhancing user engagement and customization.
  • Rarible allows minting of real-world home addresses as NFTs, expanding NFT use cases.

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Funding

Total Funding

$15.5M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
Discord
$14.2M
Rarible
$15M
Canva
$100M
GitHub

Benefits

Working for a rapidly expanding global startup

Mentorship, training and career progression plans with leadership focused on developing the teams

Team that cares about products and working conditions

Flexible Hours start of the working day

Full-time, paid vacations remote first with relocation packages available, hardware and software support

Attractive package to include base equity and/or tokens, equity as well as health benefits

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

1%

2 year growth

-3%
MagNFT
Feb 18th, 2025
Rarible Add Berachain Support, Launch Berable NFT Marketplace

Rarible have added support for the recently-debuted Layer-1 blockchain Berachain, launching the dedicated Berable NFT marketplace with RaribleX.

MagNFT
Nov 13th, 2024
Rarible Launch 'Here For The Art' Initiative With Free NFT Mint

NFT marketplace Rarible have launched a new initiative titled Here For The Art, which aims to "spotlight art and artists in every way possible".

Cryptonomist
Oct 24th, 2024
Rarible: earning opportunities thanks to DeFi and NFT

Rarible has announced together with Arbitrum an initiative to empower on-chain creators and to explore earning opportunities with DeFi and NFT.

CoinMarketCap
Oct 18th, 2024
Rarible And PropyKeys Join To Let Users Mint Real World Home Addresses As NFTs

Rarible, a renowned non-fungible token market platform, has partnered with PropyKeys to push NFTs beyond Jpegs and let their users mint real-world home addresses as non-fungible token collections.

PR Newswire
Aug 27th, 2024
Onchain Studios Launches It'S Much Anticipated Secondary Marketplace

OnChain Studios has launched two innovative marketplaces: Toyken Market and The Digital Toy Exchange, both live now.MIAMI, Aug. 27, 2024 /PRNewswire/ -- OnChain Studios, the parent company of Cryptoys, is thrilled to announce the public launch of Toyken Market, its second innovative marketplace. Alongside The Digital Toy Exchange (DTE), launched in June, Toyken Market solidifies OnChain Studios' leadership in digital toy space, offering users two distinct platforms where users can browse, buy and sell their Cryptoys.Toyken MarketToyken Market : Integrated directly with the Cryptoys platform, the Toyken Market is a secondary marketplace where users can buy and sell Cryptoys using Toyken, the newly launched virtual currency that powers all transactions within the Cryptoyverse. Toyken Market is designed to offer a seamless and user-friendly experience, all within the safe and secure Cryptoys environment.Integrated directly with the Cryptoys platform, the Toyken Market is a secondary marketplace where users can buy and sell Cryptoys using Toyken, the newly launched virtual currency that powers all transactions within the Cryptoyverse. Toyken Market is designed to offer a seamless and user-friendly experience, all within the safe and secure Cryptoys environment. The Digital Toy Exchange : Launched earlier this June, The Digital Toy Exchange is a peer-to-peer marketplace powered by Rarible , where users can buy and sell their Cryptoys with USDC

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