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At its core, SuperRare is an exclusive online marketplace focused on single-edition digital artworks. Unlike traditional art platforms, SuperRare leverages blockchain technology to tokenize each piece of artwork as a non-fungible token (NFT). This tokenization provides a verifiable proof of ownership and provenance that is immutable on the Ethereum blockchain.
The platform's native token, $RARE, plays a pivotal role in governance and curation. It is designed to facilitate community participation in decision-making processes, enabling users to engage with the platform beyond mere transactions. The dual aim of SuperRare is to elevate the profile of digital art by providing artists with a platform to showcase and sell their works while allowing collectors access to curated, high-quality art.