Name: SuperRare
Brand: Binance
Price: 0.03 USD
Availability: InStock

Price of SuperRare Today

The live price of SuperRare is $0.025489 per (RARE / USD) with a current market cap of $21.02M USD. 24-hour trading volume is $6.34M USD. RARE to USD price is updated in real-time. SuperRare is -3.02% in the last 24 hours with a circulating supply of 824.80M.

RARE Price History USD

Date Comparison	Amount Change	% Change
Today	$-0.000795	-3.02%
30 Days	$0.004078	+19.05%
60 Days	$-0.000921	-3.49%
90 Days	$-0.009792	-27.75%

SuperRare Chart Performance

24h Low & High

Low: $0.024839

High: $0.026982

The highest and lowest price paid for this asset in 24 hours.

All Time High

$3.789157

The highest price paid for this asset since it was launched or listed.

Price Change (1h)

+0.25%

The percentage change in price for this asset compared to 1 hour ago.

Price Change (24h)

-3.02%

The percentage change in price for this asset compared to 24 hours ago.

Price Change (7d)

-4.45%

The percentage change in price for this asset compared to 7 days ago.

24h Low & High

Low: $0.024839

High: $0.026982

All Time High

$3.789157

Price Change (1h)

+0.25%

Price Change (24h)

-3.02%

Price Change (7d)

-4.45%

About SuperRare (RARE)

SuperRare is a marketplace for crypto art, specializing in the buying and selling of non-fungible tokens (NFTs). This platform features a carefully selected collection of digital artworks created by both well-known NFT artists and emerging talents, branding itself as a blend of "Instagram and Christie’s." Its emphasis on quality over quantity has given SuperRare a distinguished reputation in the NFT market.

Launched in 2018, SuperRare focuses exclusively on art-centric NFTs, typically excluding NFTs related to digital gaming assets, domains, or music. The platform showcases a diverse range of artistic styles, from photorealistic illustrations to psychedelic and conceptual pieces. Initially, SuperRare functioned as a high-end art gallery, featuring exclusive NFT collections from renowned artists vetted by its core team. However, in 2021, the platform introduced the RARE token to enable community governance, evolving into a decentralized autonomous organization (DAO) managed by its network of artists and collectors. SuperRare has attracted significant investment from notable figures and entities, including Samsung Next, Mark Cuban, and Ashton Kutcher.

People Also Ask: Other Questions About SuperRare

What is RARE Used For?

The SuperRare DAO and RARE token empower the platform's community of collectors and artists to influence its future direction. RARE tokens are utilized for voting on proposed enhancements to the SuperRare platform, guiding future curation choices, and determining the allocation of funds from the community treasury.

Who Are the Founders of RARE?

SuperRare operates as a DAO, lacking traditional executive leadership. Instead, a seven-member governance council manages the Community Treasury via a 4-of-7 multi-signature wallet. The initial council members are:

- John Crain, CEO and Co-Founder of SuperRare Labs

- Nick Tomaino, Founding Partner at 1Confirmation

- Derek Schloss, Partner at CollabCurrency

- Serena Tabacchi, Founder and Curator at MoCDA

- Simona Pop, Community Strategy at Status

- Pindar Van Arman, OG Artist at SuperRare

These signers execute decisions approved through governance but cannot independently allocate treasury funds. They ensure the security and integrity of the DAO's assets.

What Makes SuperRare Different From Others?

SuperRare is a curated NFT marketplace governed by $RARE token holders through RareDAO. The platform aims to decentralize the art market and enhance the discovery of on-chain art. Built on top of Rare Protocol, an ecosystem driven by $RARE, SuperRare focuses on innovating solutions to unify the NFT landscape.

What is the Circulating Supply of RARE?

The total supply of RARE is 1 billion and the current circulating supply is 701,551,741 RARE.

What is the Consensus Mechanism Used by SuperRare?

RARE is an ERC-20 token on the Ethereum blockchain, governed as a DAO with a 4-of-7 multi-signature wallet. The ERC-20 standard is widely adopted for new tokens on Ethereum. Ethereum, a popular blockchain for DAOs like SuperRare, operates on a proof-of-stake consensus mechanism, requiring validators to stake 32 Ether. Decentralized nodes validate transactions and secure the Ethereum network.

How To Buy SuperRare (RARE)?

SuperRare (RARE) can be purchased directly from Binance. SuperRare (RARE) can also be traded for other cryptocurrencies on Binance. Live RARE crypto price is updated in real-time on Binance. RARE price and purchase information are also available for users to read in our How to Buy RARE guide.

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