Rarible

Rarible is a blockchain-based marketplace for non-fungible tokens (NFTs). It allows artists, creators, and collectors to mint, buy, and sell digital assets such as artwork, music, and collectibles. Launched in 2020, the platform operates primarily on the Ethereum blockchain, with support for additional networks through its protocol layer.

A key feature of Rarible is user-friendly minting tools that enable creators to tokenize their works as NFTs without requiring advanced smart contract expertise. The marketplace uses smart contracts to govern ownership transfers and royalty payments, enabling creators to receive royalties on secondary sales where supported.

The platform also includes a governance token, RARI, introduced to enable community participation in platform decisions. RARI holders can vote on proposals related to features, fees, and protocol upgrades, reinforcing a pathway toward decentralization. In addition, Rarible has developed Rarible Protocol, an open-source set of components that allows other platforms to integrate NFT minting, listings, and auctions with customizable rules.

Rarible positions itself as a decentralized alternative to centralized NFT marketplaces, emphasizing creator rights and transparent fee structures. It faces competition from other NFT platforms and remains subject to the broader regulatory and market dynamics of the blockchain space. As with any crypto-enabled service, participants should consider factors such as smart-contract risk, price volatility, and evolving governance.