SuperRare, a leading NFT marketplace on Ethereum, has just announced that it is launching a “curation token” $RARE and DAO governance. This news drove up SuperRare social signal +29% today.
According to the team, the $RARE curation token will be used as “the primary vehicle to onboard a growing network of curators, galleries, and collectives”, all functioning as SuperRare Spaces, an independently curated storefront on SuperRare.
SuperRare team will airdrop 150 million $RARE tokens, which is 15% of the total supply of 1 billion $RARE. Then who can receive the tokens?
The $RAREdrop was calculated as a mix of core actions (buying and/or selling art) on SuperRare before the cutoff date of July 21, 2021.
If you are a SuperRare artist or collector, congratulations! As of today, you are a part of the platform and your tokens are now available for claim. The amount of RARE tokens awarded to each user depends on qualifiers like sales volume and the number of marketplaces that collectors have interacted with, and tokens must be claimed within 90 days.
You can check if you’re eligible for the airdrop in SuperRare.
Launched for just 24h, the $RARE token price has experienced a bull run: 24h +140.3% tracked by Coingecko.
SuperRare’s on-chain performance is solid support for the token. It currently ranks No.4 in all NFT marketplaces by 30d volume, all data increased.
SuperRare’s dashboard shows a strong upward trend in the past 30 days: NFT trader amount +45.90%, NFT trading volume +238.22%, NFT trades count +19.12%.
Now with the new $RARE token launch, will it boost SuperRare’s trader and trading volume to a new peak? Monitor the latest changes on its data dashboard: https://www.dapp.com/app/superrare/.
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