Through online we can find lots of marketplaces. Even though all those platforms support the transfer of NFTs, it has its own primary purpose and followers. Looking into the Rarible platform, it is famous for its art, styles and 3D iterations.
Rarible was founded in 2020 by Alex Salnikov, the famous marketplace for trading NFTs. It is a Non Fungible Token marketplace built on Ethereum. Here you can mint, list, buy and sell your NFTs.
Why we need to follow on Rarible?
Rarible has a huge artists and user accounts. It’s not as simple as maintaining other social media platforms. So, in order to receive information or knowledge from your favourite users or creators or sellers you need to follow them. Moreover, you need to have a look at those accounts in regular to get a chance of buying a rare NFTs.
Here you can check all your following members under the “following” tab. If you want to unfollow them, in any case you can do that in a second. With this feature, you are able to provide maximum profit and able to collect the required to rare NFTs and add it to your collections.
Highlights of the Rarible Platform
The following four features are the unique and popular features provided by the Rarible to its customers, irrespective of the price.
- Create NFTs for free
Do you want to mint on Rarible without paying a gas price? Yes, you can create your NFTs for free in two ways.
- Lazy Minting on Ethereum:
Lazy Minting was implemented by the Rarible coders. Without the involvement of the block chain, you are able to mint a token in the Rarible platform. In contrast, whoever made an action on your NFT either buy or transfer, they will first pay the gas fee. It means that your customers will charge an extra amount. However, Rarible expects and recommends to use this Lazy Minting only for the first few NFTs on Ethereum.
To do this Lazy Minting, you just have to enable the “Free minting” during the creation process.
Mint for free on Flow
It is another way for free minting on Rarible, and an efficient block chain tailor-made specially for NFTs. With this Flow, you have to pay just a fraction of a cent as a gas fee.
Get a chance to contact with the Rarible users
When coming to purchasing, trading you are expecting to make a bargain. The communication is lagging like these digital purchasing platforms. In real world trading
- you can tell the sellers, how much you are willing to pay?
- You can ask the unsold items for listing in sale.
- You can ask more about the product and its importance.
Rarible created the first ever cross chain messaging service called the Rarible Messenger. It allows you to negotiate, collaborate or share your information with other users on Rarible.
Follow your favourite users on Rarible
There are lots of NFTs creators on Rarible, nobody able to manage all those collections every day. It’s overwhelming to note all users and their creations.
It is solved by using the follow feature and the following view screen. Do it as we guided below;
Once you view the profile of your favourite collectors/artists/friends on Rarible, you can see the follow button. Click on it to follow.
Then to view all your followers, go to the home page and click the following tab to view all. You can see only their activities. By this way, you can manage all your required users in a easy way on Rarible.
You can collect Royalties for your collection
Have you created your collection other than Rarible? Even then, you can own it and be able to earn royalties for your collection on Rarible marketplace. Use the guide below, as we mentioned.
On your home screen, click the three dots and select the claim ownership button. You will get a success message, provided you’re signed in the right wallet. Now you can control your collections, by adding a description, uploading a profile picture, set royalties and more options.
Moreover, on royalties you can create split royalties. With that, you can provide a community vault, team members and in turn collaborate their fair share.
- It is an all in one marketplace, where not only you can buy or sel NFTs buy also create your own NFT from your digital content.
- You are allowed to alter the price, even if you’ve already created or listed your content on Rarible. It costs free and can be done at anytime.
- Even if you think, the cost of your listed item is too high you can bid it.
- Since Rarible is integrated with OpenSea, your items are also viewed on OpenSea. It’s another famous and huge followers owned marketplace.
- The royalty system allows the content owners, to make money from their sold NFTs.
- Besides the ETH wallet, Rarible offers you to pay with your debit card, credit card, and even Google Pay.
- You are allowed to connect your existing wallet into the Rarible, rather than creating a own account. Your existing wallet should be one of the following; Coinbase, MyEtherWallet, Torus, Portis, Wallet Connect, or Fortmatic.
- With the ability of verification, reporting by the artists, Rarible provides the secured and protected services for their customer items.
- Rarible provides the RARI to NFT sellers and buyers and the voting rights, which is capable of affecting the platform and other powers.
- Rarible has its own social media platforms like, Twitter, Instagram, YouTube, Telegram, Discord and Medium.
- For the major utilisation of the Rarible platform, you must need to connect your wallet on Rarible.
- It charges a 2.5% amount of the total transaction amount from the both sides i.e the seller and the buyer.
- Without an involvement of an ETH crypto wallet, you can perform the deposit and withdrawal options.
- It takes time and need knowledge to create your own wallet with Rarible.
Is Rarible safe to use ?
Block chain technology is used by the Rarible, to provide the safest and securist service to their customers. Until anyone buys your NFT, it remains on your wallet.
Make sure, you are not providing your seed pharase to anyone. With that anyone can claim as a Rarible team. As they never DM you first, for asking any of your details.
Rarible is a best platform to make a profit with your investment. With a prior knowledge or guidance, make your investment. Make use of follow feature on Rarible and produce a maximum profit. With the help of comment section on this article, you can reach us to get an answer for all your queries.