Have you heard different kinds of artwork selling for millions of dollars repeatedly? The news sounds interesting right, this is what the world of Non-Fungible Tokens (NFTs) have been doing for some time recently. As per data from CoinMarketCap, these unique crypto collectibles have a humongous market cap of $29.87 billion and an active trading volume of $4.41 billion. Digital collectibles are shaping the future of the decentralized economy and empowering millions of artists and content creators.
What is SuperRare NFT Marketplace?
SuperRare is a leading NFT selling platform built on the robust Ethereum blockchain network. It has 22 active traders with a trading volume of $117,760. It can be utilized for buying and selling artwork through auctions and bids, discovering rare arts, and reselling the crypto-collectibles in various secondary markets. The SuperRare NFT marketplace raised a whopping $9 million from investors in March this year. Currently, it has a huge balance of $1.37 million (496.005 ETH).
The artists benefit immensely from the platform like SuperRare by getting a high value for their unique artwork, the absence of intermediaries/middlemen, access to an exclusive Virtual Reality (VR) powered gallery to display their work, easy creation of tokenized certificates, flexible pricing, and social sharing of their collections on other platforms.