Review on Rarible by David Olayide
RARIBLE
Rarible is an entirely different kind of project and this time around we see some different angles to the cryptocurrency community. Rarible is a marketplace for creators, or a NFT marketplace and issuance platform that utilizes or makes use of the RARI token to empower users who actively interact with the protocol. It is possible for anyone on the Rarible platform to easily create non-fungible tokens NFTs for their specific items such as artwork, games and much more. Basically, the project attempts to offer users a fully-featured marketplace. I love the fact that just anyone can create and post NFTs on the Rarible marketplace. There is an in-built token called RARI. The token is a very important part of the project. RARI is used to reward active users and it can also be used for participating in the governance of the project. Truth be told, NFTs are fast becoming a thing in the finance industry. And it is fast becoming a source of income thereby attracting a lot of people. RARI has a total supply of RARI capped at about 25,000,000 with a current circulating supply of 850,000 RARI are in circulation. RARI is built on the Ethereum network and is thus ERC-20. You can find RARI on Poloniex, HotBit, and Uniswap as well.
Pros
- NFT is growing rapidly
- Rarible is popular enough to be adopted by a majority
- RARI is built on the Ethereum network and is an ERC-20 based token
Cons
- Rarible isbyetvto attain a majority following
