Discover the SuperRare NFT Platform

    Discover the SuperRare NFT Platform

    Among the NFT sales platforms, SupeRare is among the most coveted by digital artists around the world, becoming the place to be to succeed in the crypto market. 

    But what exactly is SuperRare? And how does it work? 

    Founded in 2017 by John Crain, Charles Crain and Jonathan Perkins SuperRare is to date one of the most popular and widely used marketplaces to sell digital art in NFT. 

    Here, artists can mine their works and then auction them off or sell them for a fixed price in cryptocurrency while collectors can securely and transparently purchase them in ETH. 

    The main feature of this platform, in fact, is its reliability: using the Ethereum blockchain, artists and collectors can always be sure that the NFT works proposed cannot be modified. 

    SuperRare also stands out from its competitors for being a platform where Crypto Art lovers can connect and interact with each other: the idea behind it is the belief that collecting is a social glue. That’s why users can see who the top collectors and trending artists are, how many pieces they have bought or created. You can view artworks, accompanied by a description or their history

    In addition to this, in addition to tracking and authenticating works, SuperRare’s smart-contract system allows the creator of any piece to receive a commission from the resale prices for the second market, similar to a royalty: each time the NFT is resold its creator will go a percentage fee. 

    Because commissions are accumulated by artists over time and under the terms of smart contracts, this guarantees them an automatic royalty even after many changes in ownership. 

    For the first sale of a new piece, the artist receives 85% of the gain while SuperRare has a 15% commission. Thereafter, the fee will be 3%, but he will always be recognized.

    How to buy on SuperRare?

    The collector interested in buying on this marketplace will need to be in possession of ETH, a cryptocurrency that can be purchased on any exchange. Once this is done, it will be necessary to install Metamask, an extension of Ethereum and one of the most popular wallets for the purchase of NFTs. 

    How about you, are you ready to become an NFT collector?

    Photo Credits: Beincrypto

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