SuperRare Research Hub | RARE information, history and analysis

SuperRare is an NFT marketplace to collect and trade unique, single-edition digital artworks. Each artwork is authentically created by an artist in the network and tokenized as a crypto-collectible digital item that you can own and trade. A pioneer in the NFT space, SuperRare has grown into the premier NFT art platform, with $200M+ of art collected and $5M+ in artist & collector royalties paid to date. In order to scale up and take advantage of the true power of web3, SuperRare is embarking on a path of progressive decentralization – shifting ownership and governance of the network to the community. The protocol consists of the following major components working in conjunction:

• SuperRare Spaces: Spaces are community-vetted galleries for curators, collectors, and community members to highlight and release work through SuperRare. 
• SuperRare DAO: SuperRare routes all platform commissions and fees to the SuperRare DAO. A 7-person governance council controls the community treasury via a 4-of-7 multi-sig wallet.
• Sovereign minting contracts: Independent artists on SuperRare can mint their own artist or project-branded tokens, enabling artists to create bespoke NFT minting contracts.

RARE is a native token of the SuperRare ecosystem, operating on Ethereum according to ERC20 standard, and can be used to: 

• SuperRare Spaces: RARE token holders can decide the curatorial requirements to operate a Space, its associated fees and commissions plus the total number of Spaces.
• Artist onboarding: RARE token holders can help to approve the requirements of independent artists admitted to SuperRare.
• Treasury operations / management: RARE token holders can vote to establish grant programs for artists or developers and approve the ad-hoc expenditure.