How to Buy SuperRare (RARE) on LBank

SuperRare is a decentralized marketplace and social network dedicated to high end digital art. Launched in 2018 on the Ethereum blockchain, it focuses exclusively on single edition non fungible tokens created by independent artists. Unlike many other platforms that host a wide variety of digital assets like gaming items or domain names, SuperRare positions itself as a premier destination for fine art, often described as a digital version of high end auction houses. The platform relies on a curated model to ensure quality. In its early stages, the founding team handpicked artists, but the project has since moved toward a decentralized system known as SuperRare 2.0. This evolution introduced the RARE token, which is the native governance and curation asset of the ecosystem. The RARE token empowers its holders to participate in the direction of the platform through the SuperRare DAO. Members of the community use the token to vote on various governance proposals, such as marketplace fee structures and the allocation of funds from the community treasury. One of the most significant functions of the token is its role in the Space Race. This is a recurring community event where RARE holders vote to elect independent curators or galleries, known as Spaces, to operate their own storefronts on the platform. These Spaces are responsible for onboarding new artists and curating their own collections, which helps the ecosystem scale beyond the original centralized selection process. Beyond governance, the project emphasizes artist rights and long term sustainability. It was an early pioneer of perpetual artist royalties, ensuring that creators receive a percentage of the sale price whenever their work is resold on the secondary market. This mechanism is coded into the platform smart contracts, providing a transparent and automated way for artists to benefit from the increasing value of their work over time. SuperRare also features social elements that allow users to follow their favorite artists, like specific pieces, and view a personalized feed of activity. By combining the characteristics of a social network with a curated marketplace, the project aims to build a vibrant community of collectors and creators who are deeply invested in the future of digital art. The ecosystem continues to expand through initiatives like sovereign minting contracts, which allow artists to create their own custom tokens and maintain greater control over their creative output within the broader SuperRare network. Learn more