What are the highlights of blockchain NFT Marketplace like Rarible

Article about What are the highlights of blockchain NFT Marketplace like Rarible

Published by

Robert John activities: IT, Investor Relations/Marketing, Trader, IT

Sep 4, 2021

Crypto collectibles are breaching barriers and there is one Ethereum-based platform behind it. Which is it?  It is none other than Rarible. The online marketplace has become the hub for selling different kinds of artwork, domain names, gaming weapons, memes, and photos. Overall, investors bought 193,687 digital collectibles worth $145.95 million from the platform as per DAppRadar. Therefore, entrepreneurs can create blockchain NFT marketplace like Rarible.  


Highlights of a Rarible like NFT trading platform


Collections List - Users can discover valuable crypto collectibles by tapping the Collections category. For example, they can buy unique assets like Art Blocks, Bored Ape Yacht Club, Cool Cats, and Meebits. They will benefit from exclusivity, indivisibility, and irrefutable digital ownership. 


Help Centre - Cryptopreneurs should offer 24x7 technical support to both artists and investors. Users can resolve issues related to the minting of NFTs, notifications about brand-new crypto collectibles, processing of peer-to-peer (P2P) transactions, and verification systems for content creators. 


Integration with digital wallets - “Store your assets safely” is the mantra behind the humongous success of Rarible. They can use digital wallets like Coinbase Wallet, Fortmatic, MetaMask, Portis, Torus, and WalletConnect. All their crypto collectibles are safeguarded by end-to-end data encryption and a private login mechanism. 


Live Auctions panel - It contains a list of crypto collectibles that are showcased for sale.  Interested investors can check out the category of the asset, the highest bid made by buyers, the history of bids made by other users, the name of the NFT, royalty percentage paid to the content creator, and unlockable content.  


Sale Type Section - “Maximum flexibility” is offered for content creators.  They can select 3 options (Fixed Price, Open for Offers, and Timed Auction). Besides that, artists can also choose the Not for Sale button. This facility is helpful in minting crypto collectibles, showcasing them, and not permitting investors to buy their digital assets.


Sharing of real-time reports - A NFT marketplace similar to Rarible shares generates live statistics. Users will know the list of leading bids, top buyers and sellers, hot collections, and trading volume. 


Wrapping Up


With digital collectibles slowly entering the mainstream economy, the Rarible platform will play a huge role. The Ethereum-based NFT marketplace is planning for gas-free minting of crypto collectibles in the future. Importantly, this would help uplift the overall trading volume. 


Besides that, Rarible is aiming to attract multimedia content creators. It would give a special focus on live gaming, tweets, and videos. Therefore, resolute entrepreneurs can create blockchain NFT marketplace like Rarible and defeat their rivals comfortably.