🌟 is a token called RARE. It serves as the primary currency for the SuperRare platform, and is an ERC‑20 token on the Ethereum network used as a means of payment within the marketplace, also for participating in governance through the platform's DAO, and for the curation and recommendation system through a staking model.
Current price (as of the time of writing):
Belongs to the cryptocurrency category, used for trading in pairs like RARE/USDT or RARE/USD on platforms like Binance and Coinbase and Gate.io.
Here are the main uses of RARE:
1. Platform currency: Used for transaction fee payments and sales commissions within the SuperRare marketplace.
2. Governance: Empowers owners to vote on platform decisions through SuperRare DAO.
3. Curatorial reputation evaluation system: Through staking, users can support artists and also earn rewards from market fees.
🧐 Quick summary
RARE is the official SuperRare token and the currency the platform relies on.
Built on Ethereum and follows the ERC‑20 standard.
Allows participation in the platform's economy and governance.